Early Headlines: Asia Stocks And Oil Up, Dollar Near Flat, Gold Down, Yields Marginally Down, More Whistleblowers, Polls Mixed On Impeachment, US Winter Forecast, Plus More - 29 Articles, 5 Graphics

Early Bird Headlines 08 October 2019

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, published Monday, Wednesday and Friday, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

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Notice: We have changed the form of content coverage for Early Bird. We will provide discussion only for Asia Markets news and a small number (often 1 or 2) other articles. The remainder of the content will be headlines (with links) only.

Key Articles

Global

Asia markets advance ahead of high-level trade talks between US and China (CNBC) Asia markets gained on Tuesday, with major indexes in Japan, South Korea, China and Hong Kong trading higher. Chinese markets returned to trade following a week-long public holiday and advanced modestly. The U.S. dollar index traded nearly unchanged at 98.927 but down from levels near 99.600 in the previous week. Oil prices traded higher, with U.S. crude futures up 0.34% at $52.93 per barrel. Global benchmark Brent added 0.48% to $58.63. Spot gold eased 0.2% to $1,491.05 per ounce as of 0444 GMT. Prices had dropped 1% in the previous session. U.S. treasury yields declined marginally late in the session.

U.S.

Trump’s Peril Intensifies as More Whistle-Blowers Come Forward (Bloomberg) President Donald Trump faces new peril heading into this week — not just from Democrats seeking to impeach him but from his own administration, as there are now at least two whistle-blowers coming forward to talk about his actions. There’s doubt over whether the Trump administration will let several witnesses speak to House panels this week as planned, and signs some Republican lawmakers are growing restive about what else might surface regarding Trump’s requests of foreign leaders.
New poll further casts doubt on impeachment effort (The Hill) Some Democrats fear their Trump impeachment will be as politically costly as Republicans’ of Clinton. They are right to worry, because early polling does not look promising. If Democrats’ high-risk strategy backfires, instead of weakening and removing Trump, they could catapult him back into the White House stronger than ever. They have reason to worry: Trump’s approval ratings are improving. But there are conflicting reports: Polls begin to signal rising impeachment threat to Trump (CNBC). See also House GOP touts poll showing impeachment advantage for Republicans (The Hill).

2nd whistleblower in Trump-Ukraine scandal comes forward: lawyer (CBC News) Here’s a 2 minute summary:

AccuWeather’s 2019-2020 US winter forecast (MSN News) AccuWeather’s long-range forecast team predicts an active winter season will get underway for the northeastern United States. The Southeast, however, is more likely to be targeted by rain than wintry weather. Meanwhile, ample snowfall during winter in California will help stave off drought conditions come springtime. Despute the cold and snowy start for fall in the region, the northwest is forecast to have a mild winter. For continuing detailed weather analysis follow Sig Silber, list of articles here.