Todays Markets

Bloomberg: Asian Stocks Slip With U.S. Futures on Trade Woes: Markets Wrap
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. [more...]

Bloomberg: Dollar Break With Yields Prompts Concern U.S. Has Funding Issue
Not since the 1980s have U.S. Treasuries had such handsome yield premiums over their German counterparts. Yet that’s not helping the dollar, in a disconnect that’s raising concern about the international willingness to finance American borrowing. [more...]

Bloomberg: Trump’s Next Tariff Barrage Ready to Roll as China Scraps Talks
The U.S. and China are hours away from a new round of tariffs on each other’s goods, with no improvement in relations between the two rivals in sight. [more...]

Bloomberg: Trump's Overconfidence May Bring 'Major Miscalculation': JPMorgan
JPMorgan Chase & Co. strategists are starting to make forecast and strategy changes around the potential that President Donald Trump gets so overconfident in the robust economy and markets that he makes a “major miscalculation." [more...]

Bloomberg: China Says No Trade Talks as Long as Trump Threatens More Tariffs
China said talks to resolve the impasse over trade with the U.S. can’t happen as long as President Donald Trump keeps threatening to impose further tariffs. [more...]

Bloomberg: OPEC Gives Tepid Response to Trump's Demand for Lower Oil Prices
U.S. President Donald Trump’s demand that OPEC take rapid action to reduce oil prices got a tepid response, with the group saying it would boost output only if customers requested it. [more...]

Bloomberg: Brexit Silence Is Corbyn’s Gamble On a Bigger Prize
Jeremy Corbyn talks a lot about struggling households, how banks are too powerful and why some industries should be nationalized. The avowed socialist even held court at a television festival last month with his views on how to rein in tech giants and media moguls. [more...]

Reuters: Fed hikes give cash appeal; stocks no longer only game in town
The U.S. Federal Reserve’s anticipated interest rate hike this week will make cash the most attractive it has been in about a decade and end the era of stocks as the only game in town. [more...]

Reuters: Asian shares wobble on fear of long U.S.-China trade war; oil rallies
Asian shares stumbled in holiday-thinned trading on Monday as China’s decision to cancel talks with the United States reinforced fears of a protracted trade war with neither side willing to back down. [more...]

CNBC: Sky to accept Comcast offer 'immediately'
U.K. broadcaster Sky has accepted an offer from Comcast for a $39 billion takeover, the company said in an official statement Monday. "As the price of the Comcast Offer is materially superior, it is in the best interests of all Sky shareholders to accept the Comcast Offer," the company said. [more...]

CNBC: Oil prices would be 'cheaper' if Trump would stop tweeting, Iran official saysPresident Donald Trump's tweeting habits are lifting oil prices, and the U.S. leader should stop posting on social media to alleviate the spike in prices, according to one Iranian official. [more...]