Monday, July 8, 2019

Monday Evening Links

[CNBC] Dow falls more than 100 points as Apple leads tech slide, Wall Street awaits Powell testimony

[Reuters] U.S. consumer inflation outlook rises for 1st time in three months: NY Fed survey

[Reuters] Turkey's bond buyers burnt by surprise central banker sacking

[Reuters] Brazil govt to cut 2019 GDP growth forecast, eyes budget freezes

[Bloomberg] Gold Sees Wildest Price Swings Since 2016

[Bloomberg] U.S. Consumer Borrowing Climbs on Bigger Credit Card Balances

[Bloomberg] Why China's Debt Defaults Look Set to Pick Up Again: QuickTake

[Bloomberg] Japan-Korea Spat Threatens to Upend Global Technology Chain

[Bloomberg] Trade Trouble Brews in Asia as Export Lifelines Targeted

[Bloomberg] Hedge Funds Post Best First Half in Decade

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