Tuesday, June 4, 2019

Wednesday's News Links

[Reuters] Fed's slipstream leaves stocks beaming, dollar subdued

[MarketWatch] Gold prices jump, head for longest win streak in 1 ½ years

[Reuters] Oil slides on U.S. inventory build, equity rally caps losses

[CNBC] Job growth screeches to a near halt in May, with private payrolls up just 27,000

[Reuters] Mexican officials hope to avert U.S. tariffs in last-ditch talks

[Reuters] Growth in China's services sector eases in May on slower export sales: Caixin PMI

[CNBC] Four charts show how much China's economy has changed in 30 years

[Reuters] Putin says Sino-Russian relations better than ever

[Bloomberg] Mnuchin's Deadlocked China Trade Talks Hang Over Pivotal G-20

[Bloomberg] Rare Earths Battle Looms as U.S. Aims to Counter China Export Threat

[Bloomberg] China Curbs Property Developers' Funding to Cool Land Prices

[Bloomberg] BofA, Longtime Leader in Leveraged Loans, Warns of `Carnage'

[Bloomberg] Australia's Economy Expands at Slowest Pace in Decade on Housing

[Bloomberg] The ECB Is Looking Increasingly Powerless

[Bloomberg] Jeff Bezos Is Buying Three NYC Condos Worth a Combined $80 Million

[WSJ] Trade Tensions Prompt Fed to Put Interest-Rate Cut in Play

[WSJ] Senate Republicans Threaten to Block Trump on Mexico Tariffs

[FT] US warns China halt to rare earths could cause ‘significant shocks’

[FT] Investors face $647bn China banking blind spot

[FT] Trade war sparks record foreign outflow from China equities

[FT] Italy revives ‘alternative currency’ proposal

[FT] The run on Woodford leaves broader sector exposed

[FT] Russia strengthens China ties in defiance of bellicose Trump

[FT] Emerging markets are the victims of a retreat from multilateralism

Tuesday Evening Links

[Reuters] Wall Street soars on U.S. rate cut hopes

[Reuters] Trump defies own party to push ahead with Mexican tariff threat

[Reuters] U.S.' Mnuchin to meet with Chinese central banker at G20 finance gathering

[Reuters] Pledging 'appropriate' action on trade risk, Fed's Powell seen opening door to rate cut

[Reuters] Trump says U.S. likely to go ahead with tariffs on Mexico over immigration

[Reuters] Fed mulls next trip to zero with discussion of how, when to roll out QE again

[CNBC] Vice Chair Clarida: If economy slows, Fed will implement policy to keep it in a ‘good place’

[Reuters] China's Xi says economy positioned to meet all challenges: Xinhua

[Reuters] Australia’s central bank cuts rates to record lows as growth sags

[Bloomberg] Powell Signals Openness to Fed Cut If Needed Over Trade Tensions

[Bloomberg] Powell, Taylor Differ on Effectiveness of QE: Conference Update

[Bloomberg] World Economy Turns to Central Banks as Warning Signs Flash Red

[Bloomberg] Short-Seller Pain That Began Monday Just Became a Bloodbath

[WSJ] Trade Risks Prompt Predictions for Fed Rate Cuts

[FT] Jay Powell says Fed is ready to act if trade wars hit economy