Daily News Links

8397 posts

Friday, September 18, 2020

General

• U.S. stocks are mixed after Dow snaps a 4-day winning streak
  CNBC
• Global stocks weighed down by virus angst, lack of stimulus
  Reuters
• Oil prices fall after Haftar signals Libya output to resume
  Reuters
• What are the Fed's new hurdles for rate hikes? Only the Fed knows
  Reuters
• Trump to block U.S. downloads of TikTok, WeChat on Sunday - officials
  Reuters
• Government mortgage bailout numbers improve slowly, but the real test is ahead
  CNBC
• Explainer: What happens next with UK plan to breach Brexit divorce treaty?
  Reuters
• Coronavirus live updates: Israel locks down again ahead of High Holidays; EU strikes vaccine deal with Sanofi, GSK
  CNBC
• Billionaire investor Ray Dalio on capitalism’s crisis: The world is going to change ‘in shocking ways’ in the next five years
  MarketWatch
• 'A Very Serious Situation': WHO Says Coronavirus Cases Are Rising In Europe Again
  NPR
• Nearly Half Of All Americans, Including Most Republicans, Say They Would Not Get Covid-19 Vaccine
  Forbes
• Taiwan scrambles jets as 18 Chinese planes buzz during U.S. visit
  Reuters
• Investors vent their frustration over Fed’s balance sheet inertia
  FT
• Why China’s recovery is not what it seems
  FT
• China cranks up tensions in Taiwan Strait as US diplomat visits Taipei
  FT

Thursday, September 17, 2020

Afternoon

• Wall Street sinks more than 1% as tech stocks resume slide
  Reuters
• Latam FX retreats, Argentine assets plunge on capital controls
  Reuters
• U.S. labour market recovery stalling; housing market presses ahead
  Reuters
• Coronavirus live updates: New York City delays in-person classes again; Texas starts reopening after summer surge
  CNBC
• France sees new 24-hour record of more than 10,000 COVID-19 cases
  Reuters
• Wildfires, hurricanes and vanishing sea ice: the climate crisis is here
  FT

General

• Stocks buckle, dollar stirs as divided Fed disappoints
  Reuters
• Stocks Fall, Bonds Gain as Recovery Risk Lingers: Markets Wrap
  Yahoo/Bloomberg
• Oil steady as demand worries revive, crews return to U.S. Gulf rigs
  Reuters
• U.S. weekly jobless claims stuck at higher levels
  Reuters
• Fed defends 'pedal to the metal' policy and is not fearful of asset bubbles ahead
  Reuters
• U.S.-China investment flows slide to nine year-low as bilateral tensions escalate
  Reuters
• Coronavirus live updates: Targeted lockdowns return to Europe; BioNTech buys vaccine production site
  CNBC
• ‘Very serious situation’ unfolding in Europe, WHO warns, as cases rise dramatically
  CNBC
• BOJ holds fire, sees economic gloom lifting slightly
  Reuters
• European new car sales fall by 17.6% year-on-year in August: ACEA
  Reuters
• China’s Biggest Bank Falls Short in Bid to Replenish Capital
  Yahoo/Bloomberg
• Powell Can’t Disguise the Limits of Monetary Policy
  Bloomberg
• Many Small Businesses Can’t Pay the Rent. A Deal With the Landlord Is Their Only Hope.
  NYT
• Where Trump and Biden Stand on Tax Policy
  WSJ
• Fed Sets Higher Hurdles for Rate Increase
  WSJ
• Is the Fed Just Seeing Shadows—Or Should We Really Be Worried?
  WSJ
• America’s Offices Sit Half-Empty Six Months Into the Covid-19 Pandemic
  WSJ
• Car Loans Dodge Distress for Now
  WSJ
• Fed fleshes out new monetary policy — to mixed reviews
  FT
• Private equity loads debt and pays itself big dividends
  FT
• Tett: Equity investors should raise a glass to low rates
  FT
• US plans $7bn arms deal with Taiwan as China ratchets up military threat
  FT

Wednesday, September 16, 2020

Afternoon

• Fed holds rates steady and promises to stay there for years
  CNBC
• Dow jumps after Fed pledges to keep rates low for years
  CNBC
• Trump suggests he could back a bigger coronavirus stimulus as top aide says he’s more optimistic about a deal
  CNBC
• Fading fiscal stimulus crimping U.S. consumer spending
  Reuters
• Hurricane Sally lumbers into Gulf Coast, bringing heavy rains
  Reuters
• Snowflake shares more than double in U.S. debut, valuation crosses $80 billion
  Reuters

General

• Wall Street higher as focus turns to Fed meet
  Reuters
• Shares rally, dollar falls ahead of Fed meeting
  Reuters
• Dollar falls as markets increase bets on more Fed easing
  Reuters
• China lifts yuan midpoint the most in 5 months to strongest since May 2019
  Reuters
• Fed expected to raise economic forecasts, extend vow to keep rates low
  Reuters
• In last meeting before election, the Fed could placate markets with promise of low rates for years
  CNBC
• U.S. consumer spending appears to slow in August
  Reuters
• Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent
  CNBC
• Coronavirus live updates: Work-from-home spurs flurry of software IPOs; Eli Lilly touts early success with antibody drug
  CNBC
• Hurricane Sally careens into Alabama's Gulf Coast, bringing heavy rains
  Reuters
• Japan’s PM Shinzo Abe resigns, clearing way for successor
  AP
• Shadow Banks Ride Out the Crisis While Virus Ravages India
  Yahoo/Bloomberg
• China Lets Traders Push Yuan Toward Best Quarter on Record
  Yahoo/Bloomberg
• Emerging market central bank bond buying puts credibility at risk, S&P Global says
  Reuters
• China's Communist Party demands private sector's loyalty as external risks rise
  Reuters
• Exclusive: U.S. pushes arms sales surge to 'Fortress Taiwan,' needling China
  Reuters
• China says military drills near Taiwan were a 'necessary action'
  Reuters
• Bank Job-Cull Returns With Global Cuts now Topping 60,000
  Bloomberg
• Chinese Communist Party Wants Stronger Role in Private Sector
  Bloomberg
• Mortgage Securities Are Flooding the Market. Thank the Fed.
  WSJ
• Five things to watch at the Federal Reserve meeting
  FT
• China’s great power play puts Asia on edge
  FT
• How Brexit and Covid-19 combined to hit UK hedge funds
  FT

Tuesday, September 15, 2020

Evening

• S&P 500 ends higher on growing hopes Fed will stay accommodative
  Reuters
• White House's Meadows says moderates' COVID relief plan could lead to more talks
  Reuters
• Fed nominee Shelton doesn't yet have Senate support, Thune says
  Reuters
• Tech stocks most 'crowded trade' of all time: BAML survey
  Reuters
• The Fed could could still move markets Wednesday even with rates on hold for the foreseeable
  CNBC
• Coronavirus live updates: At least 24 million students could drop out of school, UN says; Pelosi renews call for large Covid stimulus package
  CNBC
• ‘Huge rainmaker’: Hurricane Sally threatens historic floods
  AP
• Perpetual recession? Recovery in a year? Economists deeply divided on U.S. future
  Reuters
• Banks lower revenue outlook as pandemic crimps loan demand
  Reuters
• China’s Paper Win at WTO Doesn’t Dissuade Trump From Trade War
  Bloomberg
• Richest Americans Got Richer in Past Decade, Far Outpacing Poor
  Bloomberg
• Lower-Credit Homeowners Weigh Heavily on U.S. Mortgage Market
  Bloomberg
• U.S. Municipalities Selling Taxable Bonds at Near Record Pace
  Bloomberg
• Why Liquidity Is a Simple Idea But Hard to Nail Down
  Bloomberg
• Why Did Stock Markets Rebound From Covid in Record Time? Here Are Five Reasons
  WSJ
• Trump’s nomination of Judy Shelton to Fed falters
  FT
• US shale producers bleed cash despite slashed spending
  FT
• Ray Dalio Warns of Threat to Dollar as Reserve Currency
  Bloomberg

General

• Wall Street higher ahead of two-day Fed meet
  Reuters
• Gold gains as dollar softens ahead of Fed meeting
  Reuters
• Yuan extends gains to 16-month high as China data boosts risk appetite
  Reuters
• Federal Reserve to meet after sharp changes to its outlook
  AP
• 26% of Americans have taken advantage of some type of payment deferral plan
  CNBC
• Hurricane Sally slows, gathering a deluge for the Gulf Coast
  AP
• Coronavirus live updates: Global deaths rising; how pandemic affects energy markets
  CNBC
• China's industrial output accelerates, consumers start to perk-up in boost to recovery
  Reuters
• China's August property investment growth hits 16-month high
  Reuters
• China says U.S. bans on Xinjiang imports sabotage global supply chains
  Reuters
• A Growing Debt Mountain Is Starting to Crack as Asia Buyers Balk
  Yahoo/Bloomberg
• Trump and Biden clash over U.S. wildfires as campaign turns to climate change
  Reuters
• Oil industry paints grimmer picture of pandemic's harm to demand
  Reuters
• 'Developing Asia' to shrink for first time in nearly six decades: ADB
  Reuters
• India Plans to Introduce Law to Ban Cryptocurrency Trading
  Yahoo/Bloomberg
• Crowded Tech Stocks Have Investors ‘Paranoid’ About Bubble Risks
  Bloomberg
• India’s Defense Minister Says China Border Tensions Serious
  Bloomberg
• Economists warn of US ‘wasteland’ without stimulus deal
  FT
• Japan after Abe: Suga aims to consolidate power
  FT
• China’s currency hits 16-month high on retail spending boost
  FT

Monday, September 14, 2020

Afternoon

• Wall Street climbs on mega mergers, vaccine hopes
  Reuters
• U.S. dollar slumps as equity markets rally; Fed in focus
  Reuters
• Fed meeting may give clues to coronavirus-era jobs plans
  Reuters
• Tech leads crisis-driven M&A boom with $350 billion deal rush
  Reuters
• Coronavirus live updates: Struggling restaurants brace for winter; WHO reports record one-day spike in cases
  CNBC
• K-Shaped Recovery to Worsen Inequities in Jobs to Real Estate
  Bloomberg
• Triple-Leveraged Nasdaq ETF Lures Record Cash Amid Retail Fervor
  Bloomberg
• Muni-Bond Downgrades Rare Even With Few Spared Pandemic’s Blows
  Bloomberg
• Japan’s Next Leader to Be Thrust Into Clash Over China
  WSJ

Sunday, September 13, 2020

Evening

• Dow futures jump more than 150 points as Wall Street tries to recover after tech struggles
  CNBC
• Microsoft bid for TikTok’s U.S. operations rejected by ByteDance
  CNBC
• Coronavirus cases are growing in 11 U.S. states as Fauci warns of ‘disturbing’ data
  CNBC
• U.S. Gulf Coast prepares for second hurricane in a month
  Reuters
• Japan's Suga poised to win party race, headed for premiership
  Reuters
• Japan manufacturers remain gloomy for 14th month - Reuters Tankan
  Reuters
• WHO reports record one-day increase in global coronavirus cases, up over 307,000
  Reuters

General

• What’s next? Devastating fires are latest challenge in West
  AP
• Japan's Suga says no limit to bonds government can issue
  Reuters
• Argentina's Guzman says seeking payment pause with IMF until 2024 - report
  Reuters
• Once an American foe, now a friend: OPEC turns 60
  Reuters
• Second hurricane in a month takes aim at U.S. Gulf Coast
  Reuters
• The Year Unconventional Monetary Policy Turned Conventional
  Bloomberg
• Treasury Traders Are Doubtful Powell Can Drive Inflation Higher
  Bloomberg
• The Wildly Popular Trades Behind the Market’s Swoon and Surge
  WSJ
• Call It a Bubble, Call It Excess. Here’s What to Watch If Tech Goes Pop
  WSJ
• Former UK leaders unite to condemn Boris Johnson’s Brexit move
  FT
• India and China are edging towards a more serious conflict
  FT

Saturday, September 12, 2020

General

• Wall Street Week Ahead: Fed meeting in focus as stocks wobble and coronavirus bill stalls
  Reuters
• US budget deficit hits record $3 trillion through 11 months
  AP
• Japan's Suga, likely next PM, says ready to top up payouts to ease COVID-19 pain
  Reuters
• Brexit Dread Is Ripping Through U.K. Markets Once Again
  Yahoo/Bloomberg
• Wildfires scorch millions of acres in Western U.S. as Oregon braces for ‘mass fatality event’
  CNBC
• Crews battling California fires head to devastated areas
  AP
• U.S. Has Its Deadliest Day in More Than Two Weeks: Virus Update
  Bloomberg
• European Central Bank Smothers Government Bond Market
  WSJ
• EU vows extended stimulus as crisis uncertainty looms
  FT