wiar 2-14-17

Mary FanslauWhat I Am Reading

February 14  (Tuesday)

Markets
America’s Biggest Creditors Dump Treasuries in Warning to Trump (B)
Bond Buying Surges, Tightening Corporate Spreads (W)

Oil
Oil Prices Slip Despite OPEC Cuts (W)
Oil and gas discoveries hit 60-year low (FT)

Central banks
It’s Way Too Early for the Fed to Consider a March Rate Increase (B)
Yellen Unlikely to Rule Out March Hike in Capitol Hill Testimony (B)
No Laughing Matter for Kuroda With BOJ Near 40% of Bond Market (B)

US
The head of the IMF says Trump is good for the US economy for now (BI)
The Status Quo Would Be Better Than Trump for Growth: Goldman (B)
Did Dodd-Frank really hurt the US economy? (FT)

Europe
Greece Doing Better Than IMF Concedes, Top EU Official Says (W)
France warned on austerity to meet EU budget rules (FT)

China
China mulls radical output cuts, port coal ban in war on smog (R)
Steel Rebound Seen Cooling as China’s Property Market Slows (B)

Japan
Japan GDP missed (BI)

US politics
Ex-Banker Gary Cohn Emerges as Economic-Policy Powerhouse in Trump Administration (W)
Speed Limits on Trump’s Infrastructure Drive: Federal Laws, Rare Species and Nimbys (W)
Steven Mnuchin Is Confirmed as Treasury Secretary (W)
Trump on Immigration: ‘Doing What We Said We Would Do’ (W)
Trump’s national security adviser Flynn trying to survive crisis (R)
Turmoil at the National Security Council, From the Top Down (N)

Geopolitics & trade
Trump Hands Xi a Diplomatic Victory (B)
U.S. Eyes New Tactic to Press China (W)
Few good options in Trump arsenal to counter defiant North Korea (R)
Trump Plans Only ‘Tweaking’ of Canada Trade Pact (W)
Marchers across Mexico vent anger over Trump, and their own president (R)
Netanyahu opposes Palestinian state, Israeli minister says ahead of U.S. visit (R)
EU gears up for WTO challenge to US border tax (FT)
Why Europe Is Warning of Pax Americana’s End (B)

Industries & companies
Autos: Ford CEO reveals a major fear about self-driving cars (BI)
Pharma: Allergan to buy fat-freezing company for $2.47bn (FT)
Tech: Apple Shares Hit New Closing High on iPhone Optimism (W)