2019-08-14 Wed OLD & NEW Headlines

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China July industrial output growth at 17-year low (4.8% vs exp. 5.8%)
China retail sales missed targets (7.6% vs exp. 8.6%)
U.S. agrees to delay China tariffs until 15.12.2019...considered as pre-Christmas gift
Trump's new farm tariffs no match for China's retaliatory duties – The Whites House while delaying tariffs on big ticket items decided to impose new 10% tariffs on agricultural products etc.
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Foreigners are dumping RSA (Republic of South Africa) bonds as junk status looms
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The VALUE of negative yielding bonds amounts to $16 trillion !!!
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Denmark was first country in 2012 to adopt negative interest rates
Danish economy shows unexpected resilience amid global slowdown. GDP grows 0.8% in 2Q
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Australia, the second biggest coal exporter, rejects calls by climate hit neighbours to ditch coal
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HK protesters beat suspected infiltrators from China
China officials describe protests as terrorism
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U.K. Inflation unexpectedly rises above BOE target 2.1% vs exp. 1.9%
UK yield curve inverts for the first time since 2008
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STOCKS:
Facebook paid contractors to transcribe users' audio chats.....to train voice recognition software :-)
Tencent 2Q net income 24.14b yuan expected 21.10b yuan

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