wiar 10-09-19

MFwebsite2020researchWhat I Am Reading

October 09 (Wednesday)

U.S. Stocks Fall on Trade Worries (W)
Asian stocks fall by the most in a week as U.S.-China standoff escalates (R)

Central banks
Fed Chair Powell Signals Balance Sheet Will Grow Soon After Recent Market Turmoil (N)
Fed’s Powell says U.S. expansion is ‘sustainable’ (R)
Fed to Buy More Treasurys in Bid to Avoid Funding-Market Strains (W)

Weak U.S. producer inflation bolsters case for Fed rate cut (R)
U.S. Producer Prices Unexpectedly Declined in September (W)
UBS Warns of Weakness for U.S. Consumers Who Propel Economy (B)

Britain, EU Trade Blows Ahead of Brexit Deadline (W)

China’s surveillance firms defend themselves after US blacklisting and claims of human rights abuses (C)

US politics
Trump Spurns Cooperation in Impeachment Probe, Escalating Fight (B)

Geopolitics & trade
China ‘strongly urges’ US to remove sanctions and stop accusing it of human rights violations (C)
U.S. visa move against China casts pall over talks to end trade war (R)
The U.S.-China Relationship Is Swiftly Deteriorating by the Day (B)
Expanded U.S. Trade Blacklist Hits Beijing’s AI Ambitions (W)
Russian Operative Said ‘We Made America Great’ After Trump’s Win (B)

Industries & companies
Aerospace: Boeing 737 MAX’s Return to Service Faces Further Delays (W)
FAANGs: Facebook’s Libra Hits Extra Regulatory Roadblocks in Europe (W)
Pharma: J&J Hit With $8 Billion Jury Award Over Antipsychotic Drug (W)
Restaurants: Food Makers Say Taste, Not Health, Drives Sales (W)

Corporate finance
Aramco IPO prospectus to be filed by end of the month, report says (C)