Monday, May 27, 2019

Monday, May 27, 2019
Doug Noland Posted on May 26, 2019

[Reuters] European stocks gain on EU election relief and auto shares surge

[Reuters] Gold edges up to 1-week high as U.S.-China trade worries persist

[Reuters] Oil rises to $69 as Mideast tension and supply cuts offset trade concerns

[ActionForex] Trump to China: We’re not ready to make a deal, tariffs could go up very substantially, very easily

[CNBC] China is indicating it’ll never give in to US demands to change its state-run economy

[Reuters] Pro-Europe vote fragments but limits nationalist gains in EU election

[UK Guardian] Salvini’s far-right party tops Italy’s EU election polls

[CNBC] US takes aim at Chinese surveillance as the trade war becomes a tech war

[Yahoo/Bloomberg] China’s First Bank Seizure Since 1998 Shows Hidden Loan Risk

[Reuters] China’s industrial profits shrink in April, add to pressure on economy

[Reuters] After EU election disaster, Britain’s main parties gird for no-deal Brexit battle

[Reuters] BOJ’s Kuroda says G20 to discuss global economic imbalances

[Reuters] Taiwan and U.S. security officials hold rare meeting amid China tension

[Bloomberg] U.S. ‘Not Ready’ to Make a Trade Deal With China, Trump Says

[Bloomberg] China Warns Traders of ‘Huge Loss’ If They Short the Yuan

[Bloomberg] China Projects Confidence in Weaker Economy as Trade War Worsens

[Bloomberg] Billionaire Huawei Founder Defiant in Face of Existential Threat

[Bloomberg] Why Stock Market May Be Wrong to Rely on Trump and Powell Puts

[Bloomberg] Turkey Central Bank Raises Foreign-Currency Reserve Requirements

[WSJ] European Elections Deepen Divisions in National Capitals

[WSJ] Risky Municipal Bonds Are on a Hot Streak

[FT] Investors fret over high valuations of private companies

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