Thursday, April 25, 2019

Friday's News Links

[Reuters] Wall Street dips as technology stocks weigh

[Reuters] Oil drops 3 percent after Trump again tells OPEC to lower prices

[Reuters] Volatile trade, inventories boost U.S. growth to 3.2 percent in first quarter

[Reuters] U.S. April auto sales seen falling as higher prices keep away young buyers: J.D. Power, LMC Automotive

[CNBC] Xi tells world leaders he’s committed to reforming China, but provides few details

[Reuters] China seeks to allay fears over Belt and Road debt risks

[AP] Deutsche Bank lowers outlook as revenues disappoint

[Reuters] North Korean leader warns of a return to tension, blames U.S. 'bad faith'

[Bloomberg] China’s Xi Signals Approval for Trump’s Trade War Demands

[Bloomberg] Central Banks Have Broken Capitalism

[NYT] China Retools Vast Global Building Push Criticized as Bloated and Predatory

[WSJ] The Euro’s Bad Year Just Keeps Getting Worse

[WSJ] Bitfinex Used Tether Reserves to Mask Missing $850 Million, Probe Says

[WSJ] China’s Xi Vows New Direction for ‘Belt and Road’ After Criticism

[FT] Global gloom sweeps car industry as market stalls

[FT] Germany’s big banks are left grasping for answers

[FT] Turkey confirms March ramp-up in short-term borrowing

[FT] Dead calm in currency markets unnerves investors

Thursday Evening Links

[Reuters] S&P 500 flat as losses in industrials offset gains in Facebook, Microsoft

[Reuters] Strong dollar sends emerging currency index to three-month low

[Reuters] Growth worries keep German 10-yr yield below zero, Italy suffers

[Reuters] Trump says China's Xi will soon come to White House

[Reuters] Japan tells U.S. can't link monetary policy to trade: finance minister Aso

[Reuters] Trump administration sidelines offshore drilling plan: WSJ

[Reuters] Investors take 'Spring Break' from risk assets, pulling cash from junk-bond funds

[Gallup] Americans' Stress, Worry and Anger Intensified in 2018

[Bloomberg] World Trade Volumes Are Plunging at the Fastest Pace in a Decade

[Bloomberg] Farming Veteran Warns China's Pig Crisis Only Getting Worse

[FT] Turkish markets weaken on central bank reluctance to raise rates