MARKET NEWS / CREDIT BUBBLE DAILY

Monday, August 12, 2019

MARKET NEWS / CREDIT BUBBLE DAILY
Monday, August 12, 2019
Doug Noland Posted on August 11, 2019

[Reuters] Stocks fall on trade war, global growth worries

[Reuters] Yen and bond bulls charge on as share markets falter

[Reuters] Gold holds firm above $1,500 on global growth worries

[Reuters] Markets brace for volatility after Argentine opposition upsets Macri in primary

[CNBC] China fixes yuan midpoint at 7.0211 on Monday — weaker than 7 for three consecutive sessions

[Reuters] Oil falls on fears of a global economic downturn

[Reuters] China’s July new loans dip more than expected, further policy easing seen

[SCMP] China’s bank lending weakened in July, suggesting Beijing’s stimulus efforts not working

[Reuters] Argentina opposition scores big primary win, hurting Macri’s re-election bid

[CNBC] Hong Kong airport cancels all flights for the remainder of the day due to protests

[Reuters] Hong Kong mops up after weekend of violence, braces for more protests

[AP] US-China trade war leaves Europe as collateral damage

[Reuters] U.S. turning Gulf region into ‘tinderbox’: Iran’s Zarif

[Bloomberg] Argentine Assets Tumble After Macri Routed in Shock Vote

[WSJ] Fed Considers New Tool for a Downturn

[WSJ] Chinese Financial Institutions’ Lending Dives

[WSJ] Volatility Isn’t Just for Stocks Anymore

[FT] Job cuts at investment banks near 30,000 as outlook deteriorates

[FT] Korean pension fund reviews Japan investments over ‘war crimes’

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