Sunday, July 7, 2019

Monday's News Links

[Reuters] Wall St. falls as Apple drags, sharp rate cut hopes fade

[Reuters] Global shares muted as prospect of sharp U.S. rate cut fades

[Reuters] China stocks fall as U.S. rate cut expectations ease; new listings weigh

[Reuters] Oil prices tread water as market eyes global risks

[SCMP] One year in, US-China trade war is the ‘first sentence of the first chapter’ of a new superpower rivalry

[MarketWatch] A strong economy and Fed rate cuts: The stock market wants to ‘have its cake and eat it, too’

[Reuters] Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention

[Reuters] Data, not markets will decide next ECB steps: Villeroy

[Bloomberg] Morgan Stanley Turns Bearish on Global Stocks as Challenges Grow

[Bloomberg] Turkey Assets Fall as Traders Fret Over Central Bank Credibility

[Bloomberg] India State Lender Plunges After Uncovering Fresh $554 Million Fraud

[Bloomberg] Sales of Riskier Corporate Bonds Vanish in Indian Credit Scare

[Bloomberg] China’s Gold Hoard Swells

[Bloomberg] China's Venture Capital Boom Shows Signs of Turning Into a Bust

[Bloomberg] Trump and Turkey Threaten Heyday of Central Bank Independence

[Bloomberg] ECB Officials Ready to Add Stimulus But Won’t Say When or How

[WSJ] Global Stocks Fall as Prospects of Fed Rate Cut Recede

[FT] Italian bonds owe boost to Draghi easing pledge

[FT] Xi Jinping faces his moment of truth in Hong Kong

Sunday Evening Links

[Reuters] Global Markets - Asian shares subdued on dampened U.S. rate cut expectations

[Reuters] Turkish lira pares some losses, down 1.9% vs dollar in early Asian trade

[Reuters] China's June forex reserves rise to $3.119 trillion

[Reuters] Japan May core machinery orders fall 7.8% mth/mth -govt

[CNBC] ECB member says stimulus package could come this month if needed

[Bloomberg] Trump Jawbones Fed Yet Again, May Be Grooming Powell Successor

[Bloomberg] EM Carry Trades With a 6% Yield Are Getting Harder to Resist

Sunday's News Links

[CNBC] Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaul

[Reuters] Erdogan says Turkish cenbank chief ousted for refusing rate cuts: report

[Yahoo/Bloomberg] Deutsche Bank Drastic Overhaul Set to Return Lender to Roots

[Reuters] Iran ratchets up nuclear tensions with enrichment plan

[Reuters] China's envoy to Britain laments "Cold War mentality" over Hong Kong protests

[Bloomberg] All Eyes on Powell Testimony as Jobs Gain: Global Economy Week

[Bloomberg] Scandal-Hit Indian Lender Uncovers Fresh $555 Million Bank Fraud

[WSJ] After Rancorous Border Fight, Congress Faces Funding Deadlines

[FT] Investors flee active funds at highest rate in 3 years