Thursday, December 12, 2019

Thursday Evening Links

[CNBC] Sterling surges 2% as UK exit poll projects a large majority for Boris Johnson’s Conservative Party

[Bloomberg] Trump Approves U.S.-China Trade Deal to Halt Dec. 15 Tariffs

[CNBC] Boris Johnson’s Conservative Party set to win UK election with a clear majority, exit poll shows

[Reuters] China to buy $50 billion in U.S. farm products in return for tariff concessions-U.S. sources

[CNBC] Stocks rebound back toward the highs of the day on report phase one deal is reached

[Reuters] Treasuries - U.S. long-dated yield climbs to four-week peak on renewed trade optimism

[CNBC] Trump administration offers to cancel next China tariffs, cut some existing duties in half, sources say

[Reuters] U.S. offers China tariff rate cut; announcement 'imminent'

[UK Telegraph] General election 2019 live: Result 'too close to call' as voting continues - latest news

[Reuters] Repo is Wall Street's big year-end worry. Why?

[CNBC] ETF assets to surge tenfold in 10 years to $50 trillion, Bank of America predicts

[Bloomberg] Trump to Meet With Advisers on Possible China Trade Breakthrough

[Bloomberg] U.S. Business Debt Exceeds Households' for First Time Since 1991

[Bloomberg] Beijing Has Built Thousands of Cheap Apartments No One Wants

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