Bank of England

Frontrunning: August 3

  • Bank of England, staying on hold, hints again at 2018 rise (Reuters)
  • Angry and inspired: Democrats train new wave of candidates (Reuters)
  • Is Gary Cohn a Good Pick to Head the Fed? (BBG)
  • Russia Warns of Worsening U.S. Ties, Criticizes Trump ‘Weakness’ (BBG)
  • Russians Portray Washington as Mired in Chaos (WSJ)

Frontrunning: August 2

  • Trump close to decision on addressing Chinese trade practices (Reuters); White House Weighs Trade Measures Against China (WSJ)
  • Republicans Pivot to Tax Cuts Amid Frustration at Lack of Detail (BBG)
  • Russian losses in Syria jump in 2017, estimates show (Reuters)
  • Market Paradox: Firms Get Punished for Posting Earnings (WSJ)
  • OPEC’s ‘Catch-22’: How to Unwind Its Deal to Cut Oil Output (WSJ)

Frontrunning: August 1

  • Futures higher on strong earnings season; Apple in focus (Reuters)
  • Kelly Sends Off Scaramucci, But Real Test Will Be Taming Trump (BBG)
  • Senate Democrats offer Republicans help on tax reform - with conditions (Reuters)
  • Banks May Need $50 Billion New Capital After Brexit (BBG)
  • Goldman Sachs Finds Itself in Odd Spot: Last Place in Trading (WSJ)

Global Stocks Rise On "Growth Optimism", Ignore Political Turmoil; Dollar, Oil Creep Higher

S&P futures rose 0.1% on the last trading day of the month, trailing European and Asian markets boosted by China's July Mfg. PMI, which despite declining from from 51.7 to 51.4, and missing expecations  of 51.5, saw the construction index rise to its highest level since December 13, sending Chinese iron ore futures surging and the European commodity sector broadly higher.

Frontrunning: July 28

  • ‘Skinny’ Repeal of Obamacare Fails (WSJ)
  • Bad News If You Make $150,000 to $300,000: Higher Taxes for Many (WSJ)
  • Senators Move to Block Trump From Ousting Sessions (WSJ)
  • Amazon’s Expansion Takes Toll (WSJ)
  • Japan Slaps 50% Tariff on Some U.S. Beef (WSJ)