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[AP] Global shares mixed as US, China set to resume trade talks [Reuters] Bond yields on the canvas, Turkey’s lira on the ropes [Reuters] Oil falls as Trump calls on OPEC to boost output [Reuters] U.S. fourth-quarter GDP revised down; profits weak [Reuters] Exclusive: China makes unprecedented proposals on tech transfer, trade challenges remain – […]
[Reuters] Wall Street flat as global growth fears persist [Ahval] Turkish lira swap rates jump to 600 percent [Reuters] U.S. trade deficit narrows sharply as exports rebound [Reuters] Trump Fed nominee Moore says central bank should cut rates: NYT [Bloomberg] Here’s Why U.S. Bond Yields Plunged So Much Over the Past Week [Bloomberg] China’s First […]
[Reuters] Wall Street higher after two days of losses [Reuters] U.S. housing starts fall on weak single-family homebuilding [CNBC] Home prices in January see smallest gain in nearly 4 years: S&P Case-Shiller [CNBC] US auto sales are falling, and cars are more expensive than ever [CNBC] Bond market says not only is a recession coming, […]
[Reuters] Positive German data tempers equity selloff, safe havens in demand [Reuters] Oil prices fall as markets brace for potential U.S. recession [Reuters] No-deal Brexit increasingly likely – EU officials [Reuters] Fed’s Evans says good time to pause and be cautious [Reuters] Fed’s Harker still sees one rate hike ‘at most’ this year [Bloomberg] One […]
[Reuters] U.S.’s Lighthizer, Mnuchin to travel to China for trade talks: White House [Reuters] Brexit up in the air as May faces possible plot, parliament tries to grab control [Reuters] British PM May facing plot from minister to oust her: Sunday Times reporter [Bloomberg] Turkey Probes JPMorgan After Lira’s Worst Drop Since 2018 Crash [FT] […]
[Reuters] Fed rate hike, rate cut both ‘on the table’: Bostic [Reuters] Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point [Bloomberg] Weidmann Hits French Roadblock on Path to Replace Draghi at ECB [Reuters] Italy endorses China’s Belt and Road plan in first for a G7 nation [Reuters] Hundreds of […]
This week’s FOMC meeting will be debated for years – perhaps even decades. The Fed essentially pre-committed to no rate hike in 2019. The committee downgraded both its growth and inflation forecasts. Having all at once turned of little consequence, we can now dismiss the 3.8% unemployment rate and the strongest wage growth in a […]
[Reuters] German 10-year bond yields crash below zero as growth fears roil markets [Reuters] Treasuries -Yield curve nears inversion on global growth fears [Bloomberg] Trump Aides Play Down Odds of Swift China Deal Ahead of Talks [Reuters] German manufacturing contracts for third month in a row: PMI [Reuters] Skittish investors pull more than $20 billion […]
