Monday, July 22, 2019

Tuesday's News Links

[Reuters] Wall Street higher on strong Coca-Cola, United Tech earnings

[Reuters] Treasuries - Yields rise as investors wait on ECB, Fed meetings

[Reuters] Carmakers drive Europe higher, Johnson batters sterling

[Reuters] Britain's new leader Johnson vows to get Brexit done

[MarketWatch] IMF cuts its global growth forecast again

[Yahoo/Bloomberg] UBS CEO Warns of ‘Dangerous’ Bubbles Spurred by Central Banks

[Reuters] EU has 35 billion euro list ready if U.S. hits EU cars: EU trade chief

[Reuters] PBOC chief says current interest rate level is appropriate: Caixin

[SCMP] Private Borrowers Bear the Brunt of China’s Soaring Bond Defaults

[Reuters] First Russian-Chinese air patrol in Asia-Pacific draws shots from South Korea

[Reuters] China tells U.S. to remove 'black hands' from Hong Kong

[Newsweek] Taiwan Calls For Democracy in Hong Kong as Anti-China Forces on Both Islands Face Down Beijing

[Reuters] Widespread blackout hits Venezuela, government blames 'electromagnetic attack'

[Politico] Deficit Don? Red ink gushes in Trump era

[Bloomberg] The Fed Was Waiting on Data. It Found a New Mind-Set Instead.

[Bloomberg] A Decade of Low Interest Rates Is Changing Everything

[Bloomberg] Trump Wants a Weak Currency. Rivals Do Too, and That’s a Problem

[Bloomberg] Home-Loan Curbs to Deepen Liquidity Crisis for Indian Developers

[WSJ] It’s Not Just Stocks—Promise of Rate Cuts Lifts Wide Range of Assets

[WSJ] Taiwan ETFs Buy Big Into U.S. Credit

[WSJ] Congress Moves Toward Ban on Buying Chinese Buses, Railcars Over Spy Fears

[FT] Inflation data do not support Fed move to cut interest rates

[FT] China locked into investment-led growth by GDP targets

[FT] High-yield bond investors beware: rising tides do not lift all boats

[FT] Why Hong Kong’s protesting youth are so angry

Monday Evening Links

[Reuters] S&P 500 climbs toward record high, earnings in focus

[AP] Deal sealed on federal budget, ensuring no shutdown, default

[Reuters] Trump: 'We will have to find out' about Huawei's relationship with North Korea

[Reuters] Boris Johnson set to become next UK PM as Conservatives announce new leader

[Reuters] Fitch, Moody's cut Boeing's debt outlook to 'negative' on 737 MAX problems

[AP] European Central Bank could act before Fed to add stimulus

[Reuters] Iran warns West against starting conflict, says not looking for confrontation

[Bloomberg] Trump Fed Pick Judy Shelton Says She’d Favor a Half-Point Rate Cut

[Bloomberg] Central Banker Returns to NYU From India With Warnings Largely Unheeded

[Bloomberg] Chinese Property Bonds' Time in the Sun May Be Coming to an End

[WSJ] ‘I Don’t Know What He Will Do’: Europe Braces for Brexit With Boris Johnson