Wednesday, August 7, 2019

Wednesday Evening Links

[Reuters] S&P 500 erases big losses to end up; investors buy bargains, yields off lows

[Reuters] Recession fears hammer U.S. 30-year yields to near-record low

[Reuters] Trump says China is 'killing us with unfair trade deals'

[Reuters] Cost to U.S. consumers, businesses of Trump's China tariffs surged in June - trade group

[AP] Why a US-China deal that once looked close now seems far off

[Reuters] U.S. supports direct dialogue between Pakistan, India on Kashmir

[Bloomberg] Ferocious Market Moves Undo Fed Easing, Putting Powell on the Back Foot

[Bloomberg] Evans Says Headwinds Since Rate Cut May Mean More Fed Easing

[Bloomberg] All of a Sudden, Australia’s Housing Market Is Heating Up Again

[WSJ] Inflated Bond Ratings Helped Spur the Financial Crisis. They’re Back.

Wednesday's News Links

[Reuters] Wall Street slumps as investors seek safety

[Reuters] Fragile calm returns to stock markets as yuan steadies

[AP] China’s yuan weakens after signs of stability calm markets

[Reuters] Gold hits over 6-year peak as trade jitters spark safe-haven rush

[Reuters] Dollar falls versus yen, offshore yuan slips on trade woes

[Reuters] New Zealand's central bank stuns markets with hefty 50 basis points rate cut, kiwi dollar dives

[Reuters] Asian central banks flag growth concerns with surprising rate cuts

[Reuters] China state banks seen supporting yuan in forwards market: sources

[Reuters] 'Scary' German output figures propel recession fears

[CNBC] Mortgage refinances spike 12% on a big rate drop, but homebuyers pull back again

[Reuters] Hong Kong facing biggest crisis since handover-senior China official

[Reuters] NATO needs to address China's rise, says Stoltenberg

[Reuters] China suspends mainland movies, stars from participating in Taiwan's Golden Horse Awards

[Bloomberg] Asia Surprises With Cuts in Global Race to Monetary Bottom

[Bloomberg] Gold Tops $1,500 as Investors Seek Shelter From Gathering Storm

[Bloomberg] China Scoops Up More Gold for Reserves During Trade War

[Bloomberg] Global Bond Market Sounds Shrillest Alarm Yet Over the Economy

[Bloomberg] Authers: Carry On Like Nothing Really Matters. Until It Does

[Bloomberg Businessweek] Trump’s China Problem Is That a Weak Yuan Is a Strong Weapon

[NYT] Circulating in China’s Financial System: More Than $200 Billion in I.O.U.s

[WSJ] After Rate Cut, Trade Headwinds Complicate Outlook for Fed Officials

[FT] Currency war scare bolsters demand for gold, yen and franc

[FT] China’s economy faces currency devaluation drag

[FT] Hedge fund bullishness means hidden danger for investors