Thursday, July 25, 2019

Thursday Evening Links

[Reuters] Wall Street gives up record high following weak results, Draghi

[Reuters] U.S. to pay farmers $15-$150 per acre from August, part of $16-billion trade aid

[Bloomberg] Homeownership Rate in the U.S. Falls to the Lowest Since 2017

[Bloomberg] Germany Not in Crisis Nor Mulling Stimulus, Finance Chief Says

[Bloomberg] EU Rejects Johnson's Bid to Reopen Divorce Deal: Brexit Update

[Bloomberg] Lagarde’s Future ECB Colleagues Aren’t All Convinced About Her

[WSJ] ECB Signals Rate Cut, Possible Stimulus Relaunch

[FT] Tett: The business case against Bretton Woods

Thursday's News Links

[Reuters] Wall St. declines on weak earnings reports; ECB disappoints

[Reuters] ECB prepares some sub-zero relief for wilting Europe

[Reuters] Euro zone yields hit record lows, euro wilts after ECB flags easing

[Reuters] Oil advances as markets eye MidEast worries, but weak demand outlook caps gains

[Reuters] ECB opens door to rate cuts, more bond buys

[Reuters] U.S. trade deficit surges to five-month high as imports soar

[Reuters] U.S. core capital goods orders surge; shipments rise

[Reuters] U.S. weekly jobless claims fall to three-month low

[Reuters] Australia's central bank government says 'reasonable' to expect lower rates for longer

[Reuters] U.S. warship sails through Taiwan Strait, stirs tensions with China

[Reuters] North Korea fires missiles into sea, fresh nuclear talks in doubt

[Bloomberg] ECB Signals Rate Cut, QE as Global Stimulus Push Picks Up

[Bloomberg] Central Bankers Are Playing a Dangerous Game With Asset Prices

[Bloomberg] China Trade Minister Steps Out of the Shadows for the First Time in U.S. Talks

[Bloomberg] The Great Purge: Boris Johnson Culls Cabinet to Make His Brexit Mark

[Bloomberg] New Turkey Central Banker Pivots With Biggest Rate Cut on Record

[Bloomberg] Hong Kong’s Despair Runs Deeper Than Protests

[NYT] Facebook Antitrust Inquiry Shows Big Tech’s Freewheeling Era Is Past

[WSJ] An Old Feud Between American Allies Rattles Tech Giants’ Supply Chains

[WSJ] Investors Pour Money Into Bond Funds at a Record Pace

[WSJ] Investors Wonder if the ECB Can Do Enough to Make a Difference

[FT] ECB paves way for fresh stimulus package

[FT] ECB faces key decision over launch of fresh stimulus

[FT] Why markets are fixated on Mario Draghi’s next frontier

[FT] German manufacturing reports industry ‘in freefall’