Wednesday, July 31, 2019

Wednesday Evening Links

[Reuters] S&P 500 posts biggest drop since May after Fed cut, Powell comments

[CNBC] Fed Chief Powell says rate move was a ‘midcycle adjustment,’ hinting more cuts not a guarantee

[Reuters] Fed cuts interest rates, signals it may not need to do more

[CNBC] The two words from Jerome Powell that rocked the financial markets

[CNBC] Trump says Fed Chief Powell ‘let us down’ by not clearly signaling more rate cuts

[AP] Fed cuts key rate in its first reduction in more than decade

[Reuters] Brazil central bank cuts rate sharply to record low 6.00%

[Reuters] A look back at the Fed's past rate-cutting cycles

[NYT] Fed Cuts Interest Rates for First Time Since 2008 Crisis

[WSJ] Fed Cuts Rates by a Quarter Point in Precautionary Move

[FT] Fed cuts rates for first time since financial crisis

Wednesday's News Links

[Reuters] Wall St. higher on Apple bounce; Fed decision awaited

[Reuters] Oil rises as market awaits U.S. Fed rate cut

[Reuters] Trade tensions drag on stocks as markets await Fed verdict

[Reuters] Oil gains a fifth day after U.S. stockpile drop amid rate optimism

[Reuters] With Fed sure to cut rates, Powell on hook to flag next steps

[Reuters] U.S., China meet for trade talks as Trump talks tough

[Reuters] Is Trump the reason the Fed is about to cut rates?

[] U.S. Private Employers Added 156,000 Jobs in July, More Than Expected, ADP Says

[Reuters] U.S. second-quarter labor costs gain smallest in 1-1/2 years

[CNBC] Mortgage applications fall for third straight week, despite lower interest rates

[AP] China factory activity falls in July for 3rd straight month

[Reuters] Trade war keeps China's factories in reverse gear for third month

[Reuters] China's service sector activity grows at slower pace in July: official PMI

[CNBC] ‘Hidden’ debtors may be signaling trouble in the global economy

[Reuters] China probes small bank shareholdings as risk worries persist

[Reuters] North Korea fires short-range ballistic missiles: South Korean military

[Reuters] China warns outsiders not to 'sow distrust' in South China Sea

[Reuters] New protest erupts as Hong Kong charges 44 activists with rioting

[Reuters] China to halt individual tourism permits for Taiwan amid rising tension

[Bloomberg] UBS Analyst Who Predicted China Bank Woes Sees $349 Billion Hole

[Bloomberg] Fed Day Has Bond Traders Feeling Giddy

[Bloomberg] White House Eyeing Chinese Forces Gathered on Hong Kong Border

[WSJ] Fed Readies First Interest-Rate Cut Since 2008

[WSJ] Slow Progress in Trade Talks Is Partly a Result of China’s New Tactic to Wait

[FT] Beijing hits back at Trump after brief round of trade talks

[FT] China accounting scandal threatens corporate fundraising

[FT] A squeezed Bank of Japan is delivering diminishing returns