wiar 4-06-17

Mary FanslauWhat I Am Reading

April 06  (Thursday)

Stocks Pare Gains After Fed Minutes (W)
Oil prices flirt with 1-month peak as US inventories rise (FT)

Central banks
Fed Minutes: Most Officials Saw Reduced Balance Sheet ‘Later This Year’ (W) | Minutes
Inside the Fed’s March Meeting: The Annotated Minutes (B)
Why the Refinancing Slowdown Matters for the Fed (W)
ADP data point to ‘solid trend’ in employment — Fed’s Tarullo (FT)

ADP Says Companies in U.S. Added 263,000 Employees in March (B)
U.S. Nonmanufacturing Activity Expanded at Slower Pace in March (W)
Here’s What Financial Markets Are Telling Us About the Economy (B)

Markets turn against a Le Pen victory in France (FT)
European Parliament adopts Brexit resolution (FT)
Greece and Brussels ‘a breath away’ from deal (FT)

US politics
Steve Bannon Removed From National Security Council With Trump’s Sign-off (W)
What to make of the fuss about the filibuster (FT)
Beware of the return of the Clinton dynasty (FT)

Geopolitics & terrorism
North Korea fires missile as Trump and Xi prepare to meet (FT)
Trump Calls North Korea ‘Big Problem,’ That Will Be Focus of Meeting With China’s Xi (W)
US retreat from global financial system lets China in (FT)
Syria attack survivors describe ‘bloodless massacre’ (FT)
Trump Warns Poison Gas Attack in Syria Goes ‘Beyond Red Lines’ (B)
Trump Says U.S. Will Work to ‘Eradicate’ Islamic State (B)
Homeland Security Secretary Doesn’t See Building a Solid Wall Along U.S.-Mexico Border (W)

Industries & companies
Amazon: NFL and Amazon Reach One-Year Streaming Deal for About $50 Million (W)
Autos: Peak Auto? These Charts Point to Industry, U.S. Economy Concerns (B)
Financials: Citi Has an Alternative ‘Big Short’ on Retail (B)
Restaurants: Starbucks Under More Pressure to Upgrade Food After Panera Deal (B)

Corporate finance
Panera Bread Agrees to $7.16 Billion Buyout by JAB Holding (W)

Apple Pay Promised to Make Plastic Obsolete. Then Came Wary Shoppers, Confused Clerks (W)
It Looks Like JPMorgan Is Building a Robo Adviser (B)

Steven Cohen invests in start-up aiming to shake up bank research (FT)
Federal probe into Fox News casts shadow over Murdoch empire (FT)