Wednesday, June 5, 2019

Wednesday Evening Links

[Reuters] Trump says 'not enough' progress made in high-stakes U.S.-Mexico talks

[Reuters] Fitch downgrades Mexico and Moody's lowers outlook, hammering peso

[Reuters] Wall St. climbs as weak private jobs data boost rate cut hopes

[CNBC] Oil sinks 3.4% to $51.68, lowest close since January

[Politico] U.S.-Mexico tariff talks spill into Thursday as deadline looms

[Reuters] Hope grows for deal to ward off Trump's tariffs on Mexican imports

[Reuters] Fed says contacts worry about trade war; economy growing modestly

[Reuters] Explainer: U.S.-China trade war - the levers they can pull

[Reuters] Exclusive: U.S. preparing to sell over $2 billion in weapons to Taiwan, testing China - sources

[Reuters] China's panda diplomacy puts a smile on 'best friend' Putin's face

[RT] Dollar dump? Russia & China agree to bilateral trade in national currencies during Putin-Xi meeting

[Bloomberg] Steepening Yield Curve Shows Market Isn't Waiting for Fed to Act

[Bloomberg] Tillerson Is Concerned China Will Give Up on Trade Talks

[FT] Debt and populism test Italy’s bedraggled polity

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