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Bloomberg “Bitcoin Bloodbath Nears Dot-Com Levels as Many Tokens Go to Zero.” Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help cement its place in the bubble record books. Down 70 percent from its December high after sliding for a....

Bloomberg “Stocks Fall on Trade Risk; Dollar Strength Hits EM: Markets Wrap.” Investors were greeted by a sea of red across global equities markets Monday, as U.S. and European stocks followed a slump in Asia at the start of a crunch week for global trade. Political risks sent the dollar higher with Treasuries, roiling emerging....

Bloomberg “China Won’t Weaponize the Yuan in Trade War, PBOC Official Says.” Chinese central bankers vowed to keep their nation’s currency stable and to not deploy it as a weapon in the trade conflict with the U.S., helping the yuan reverse some of its recent plunge. People’s Bank of China Governor Yi Gang said China....

Bloomberg “China Vows Not to Fire Tariff Shot Ahead of U.S. in Trade War.” China said that it wouldn’t implement tariffs ahead of the U.S. on Friday, after previous arrangements put it on course to do so. «We will never fire the first shot and will not implement tariffs ahead of the U.S.,» the Ministry....

Bloomberg “U.S. Stocks Rise, Asia Falls as Tariffs on the Way: Markets Wrap.” U.S. stocks surged and Asian shares slid to a nine-month low as traders prepare for the implementation of fresh trade restrictions between America and China. European automakers drove the continent’s equity markets higher on hopes of a trans-Atlantic tariff agreement. All major....

Bloomberg “S&P 500 on Longest Rally in Month; Treasuries Drop: Markets Wrap.” Stocks rose and Treasuries fell as a lull in the trade war gave investors room to focus on the start of the earnings season. The S&P 500 Index rose for a fourth day, the longest streak since the beginning of June. PepsiCo Inc.....

Bloomberg “Trump’s Tariff Barrage Pushes China Fight to Point of No Return.” U.S. President Donald Trump is pushing his trade conflict with China toward a point where neither side can back down. By Aug. 30, as the U.S. nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10....

Bloomberg “Stocks Rally Amid Lull in Trade War; Dollar Drops: Markets Wrap.” Stocks advanced, while Treasuries fell as trade tensions appeared to ease after China held off from immediately retaliating against the latest U.S. salvo. The S&P 500 Index rebounded from its biggest decline in two weeks, following shares in Europe and Asia, as China....

Bloomberg “Trade War Sends Commodities to Biggest Drop in 5 Months.” The brewing trade war between China and the U.S. is claiming commodity markets as one of its first victims. The Bloomberg Commodities Index, a measure of 26 raw materials, lost 3 percent this week, the most since February. The losses stand out in a....

Bloomberg “Trump Tells Putin the World Wants Them to ‘Get Along’.” President Donald Trump began his meeting with Vladimir Putin in Helsinki on Monday, testing his campaign pledge to revive ties with Russia amid pressure to confront the Kremlin leader over election meddling and growing concern that the U.S. is abandoning the current international order.....

Bloomberg “BOE’s Carney Nudged Step Closer to Rate Hike by Jobs Numbers.” U.K. employment rose to a record high in the three months through May and wage pressures showed few signs of abating, keeping the Bank of England on course for an interest-rate increase next month. The number of people in work rose by 137,000,....

Bloomberg “U.S. Housing Starts Drop by Most Since ’16 to Nine-Month Low.” U.S. new-home groundbreaking and permits fell in June to the slowest paces in nine months, as higher mortgage rates and elevated costs for labor and materials pinch the housing market, government figures showed Wednesday. Shares of homebuilders fell after the report. While the....

Bloomberg “Comcast Drops Out of Bidding War for Fox to Focus on U.K.’s Sky.” Comcast Corp. will no longer seek to compete with Walt Disney Co.’s for a swath of 21st Century Fox Inc.’s entertainment assets, choosing to focus instead on winning control of the British pay-TV service Sky Plc. Following a bidding war with....

Bloomberg “Trump Blasts Fed Rate Hikes, Says Strong Dollar Hurts U.S.” President Donald Trump lashed out at China and the European Union for their weak currencies and said a stronger dollar and rising interest rates are undermining America’s “competitive edge,” taking a fresh jab at the Federal Reserve. Stocks and the dollar fell. “China, the....

Bloomberg “Highlights from the G-20 Summit in Buenos Aires This Weekend.” Finance ministers and central bankers from the top 20 economies of the world on Sunday ended two days of talks in Buenos Aires. They began against a backdrop of concern with a burgeoning trade war that had risked spilling into currency markets. The meeting....