Wednesday, August 31, 2016

Thursday's News Links

[Bloomberg] Stocks, Dollar Decline Before U.S. Employment Report; Oil Sinks

[Bloomberg] Manufacturing in U.S. Contracts for First Time in Six Months

[Bloomberg] Currency Market Shrugs Off Threats to Stay Above $5 Trillion

[Bloomberg] Hanjin’s Ships Get Stranded in High Seas, Roiling Supply Chain

[Bloomberg] China Wealth-Management Products Rise to Record $3.9 Trillion

[Bloomberg] China’s Factory Gauge Unexpectedly Rises to Highest Since 2014

[Reuters] Manufacturing falters as global demand weakens

[Bloomberg] Japan’s Company Profits Fall, Capital Expenditure Remains Weak

[WSJ] Elon Musk Faces Cash Squeeze at Tesla, SolarCity

[NYT] With Impeachment Over, Brazil’s Next Challenge Is Its Flailing Economy

Wednesday Afternoon Links

[Reuters] Energy drags Wall St. lower; S&P down slightly in August

[Bloomberg] Dilma Rousseff Ousted in Historic Brazil Impeachment Trial

[Bloomberg] America’s Corporate Bond Party Goes on as Sales Near $1 Trillion

[Bloomberg] Rajoy Loses Confidence Vote as Spain’s Political Impasse Endures

[Bloomberg] Mexico Central Bank Cuts Growth Forecast as Manufacturing Slows

[Bloomberg] Bank of Japan Has an 8.7 Trillion Yen Balance-Sheet Problem

[Bloomberg] China Engages in 'Backdoor QE' as Monetary Policy Shifts, Says Jefferies

[FT] Global bank stocks extend summer rally

Wednesday's News Links

[Bloomberg] U.S. Stocks Erase August Advance Before Jobs Data; Oil Tumbles

[Bloomberg] Oil Declines to Two-Week Low After U.S. Crude Stockpiles Climb

[Bloomberg] Dollar Gains as Treasuries Extend Drop in August on Fed Outlook

[Bloomberg] Decisive Brazil Impeachment Vote Scheduled for Mid-Day Wednesday

[Bloomberg] Political Hotspots May Bubble Up on G-20 Sidelines in China

[Bloomberg] Euro-Area Inflation Undershoots Forecast Before ECB Meeting

[Bloomberg] This Is How Leverage in the Financial System Lives On

[Bloomberg] Helicopter Money Predictions Are Still Flying High in Japan

[Reuters] Fed's Evans, citing slow growth, says low U.S. rates are here to stay

[Bloomberg] China P2P Industry ‘Basically’ a Scam, Billionaire Guo Says

[WSJ] This Is the Quietest Stock Market in Decades

[WSJ] U.S. Farm Incomes to Hit Lowest Level Since 2009

[Bloomberg] Japan Defense Ministry Seeks Record Budget as China Threat Grows