Fed to cut rates for first time in a decade this month: Reuters poll – Reuters

A quarter-point Federal Reserve interest rate cut in July is almost a done deal, according to economists in a Reuters poll, who expect another later in the year amid rising economic risks from the ongoing U.S.-China trade war.
— Read on www.reuters.com/article/us-usa-economy-poll/fed-to-cut-rates-for-first-time-in-a-decade-this-month-reuters-poll-idUSKCN1UK00M

6 Challenges for the European Central Bank

(Bloomberg Opinion) — Having been upstaged again last week by the Federal Reserve, the European Central Bank will join its U.S. counterpart in the global economic spotlight when the Governing Council meets Thursday in Frankfurt and, like the Fed, signals further monetary stimulus ahead. But the ECB
— Read on ca.finance.yahoo.com/news/6-challenges-european-central-bank-060010975.html

Fragile World Manufacturing Front and Center of Fed Rate Debate

(Bloomberg) — Federal Reserve policy makers will meet in two weeks to weigh an interest-rate cut against the backdrop of a booming U.S. stock market, a seemingly unflappable American consumer and steady job growth.Much of the reason for looking past all this strength lies in tepid manufacturing, lackluster
— Read on ca.finance.yahoo.com/news/fragile-world-manufacturing-front-center-090000482.html

Hedge Fund Betting on Years of Low Rates Puts 99% Cash in Stocks

(Bloomberg) — A hedge fund that’s delivered almost double the returns of the S&P 500 Index this year is going all-in on stocks — at least the safe and stodgy ones.Valley Forge Capital Management, whose $460 million of assets is invested in just nine stocks, has cut its cash holdings to 1%, the lowest
— Read on ca.finance.yahoo.com/news/hedge-fund-beating-p-500-100000388.html

Poloz Flags Growing Trade Risks With Canada Rates Firmly on Hold – Bloomberg

Bank of Canada officials flagged elevated concerns about mounting global trade tensions, even as they left interest rates unchanged for a sixth straight decision and showed little willingness to consider easing policy any time soon.
— Read on www.bloomberg.com/news/articles/2019-07-10/poloz-puts-canadian-rates-firmly-on-hold-amid-global-trade-risks