Wednesday, December 11, 2019

Thursday's News Links

[Reuters] Wall Street hits record high as trade hopes rise

[Reuters] Global stocks test record highs, pound braces for election all-nighter

[Reuters] Dollar licks wounds as Fed disappoints bulls, UK election awaited

[Reuters] High-stakes White House meeting expected Thursday to debate U.S.-China tariffs: sources

[Reuters] China says in close communication with U.S. on trade as fresh tariffs loom

[Reuters] U.S. producer prices flat; jobless claims at more than two-year high

[Reuters] United Kingdom votes to decide the fate of Brexit, again

[Reuters] Wall Street, Fed prep to avoid year end disruption in repo markets

[Reuters] 'Black Swan' index flashes yellow: Wall Street is not scared

[Reuters] ECB keeps generous stimulus unchanged in Lagarde's first meeting

[Reuters] Turkey cuts rates 200 pts as aggressive easing cycle nears end

[Reuters] Hong Kong protesters mark six months since pivotal clash with police

[Bloomberg] China Suffers Biggest Dollar Bond Default By State-Owned Company in Two Decades

[Bloomberg] Rumbling Credit Trouble Puts Risky-Loan Buyers on Alert for 2020

[Bloomberg] Americans’ Souring Credit Card Debt Poised to Reach 10-Year High

[Bloomberg] China Vehicle Sales to Fall 8% This Year in Second Straight Drop

[Bloomberg] Why China’s Debt Defaults Look Set to Pick Up Again

[Bloomberg] More Pain Looms for Asia’s Worst-Performing Bonds

[NYT] China’s Companies Binged on Debt. Now They Can’t Pay the Bill.

[NYT] Natural Gas Boom Fizzles as a U.S. Glut Sinks Profits

[WSJ] Federal Reserve Keeps Interest Rates Steady, Sees Long Pause

[FT] Expect more repo turmoil, says analyst who predicted September spike

Wednesday Evening Links

[Reuters] Wall Street posts modest gain as Fed signals rates to hold for some time

[AP] US budget deficit rises to $209 billion in November

[CNBC] Fed Decision: Interest rates left unchanged, indicates no changes through 2020

[Reuters] Fed keeps interest rates on hold amid 'favorable' economic outlook

[Reuters] Gasoline, rents lift U.S. consumer inflation in November

[AP] Leaders scramble for final votes as UK’s ugly election ends

[Bloomberg] Fed Opens Door to Buying More Than T-Bills If Needed to Fix Repo

[WSJ] Central Bank Group’s Report Points to Deeper Problems in Repo Market