Daily News Links

8605 posts

Saturday, October 10, 2020

General

• Democrats and Republicans dismiss Trump’s coronavirus stimulus offer, dimming hopes for a deal
  CNBC
• Trump’s Hurdles to Stimulus Climb After Abrupt Tactical Shift
  Yahoo/Bloomberg
• U.S. COVID-19 cases hit two-month high, 10 states report record increases
  Reuters
• Tight race between Joni Ernst and Theresa Greenfield in Iowa could determine balance of power in the Senate
  CNBC
• How Big Tech became such a big target on Capitol Hill
  CNBC
• Delta adds insult to injury in hurricane-ravaged Louisiana
  AP
• PBOC Dials Back on Tool to Control Yuan as Currency Rallies
  Yahoo/Bloomberg
• Lesson not learned: Europe unprepared as 2nd virus wave hits
  AP
• Taiwan president calls for 'meaningful dialogue' with China
  Reuters
• Europe’s Economic Recovery Is a Summer Memory
  NYT

Friday, October 9, 2020

Afternoon

• S&P 500, Dow track second straight weekly gain on stimulus optimism
  Reuters
• White House preparing $1.8 trillion coronavirus relief offer: Wall Street Journal
  Reuters
• Trump raises coronavirus stimulus offer to $1.8 trillion, about $400 billion less than Dems’ bill
  CNBC
• U.S. COVID-19 aid talks go on but Republican leader says deal unlikely before election
  Reuters
• Coronavirus live updates: White House raises relief package; pandemic fuels U.S. teacher shortages
  CNBC
• Enrollment drops worry public schools as pandemic persists
  AP
• Analysis: Investors' bets on a Democratic sweep grow after Biden debate performance
  Reuters
• White House Preparing New $1.8 Trillion Stimulus Proposal
  WSJ

General

• U.S. Stocks Rise as Stimulus Talks Weighed: Markets Wrap
  Yahoo/Bloomberg
• Stocks surge as hopes grow for U.S. stimulus
  Reuters
• Dollar falls as likelihood of a Biden victory grows; yuan gains
  Reuter
• White House Open to Bigger Stimulus Bill as Mnuchin, Pelosi Talk
  Yahoo/Bloomberg
• COVID-19 relief pushes U.S. budget deficit to a record $3.1T
  AP
• Coronavirus live updates: Russia, Ukraine and Poland report record new cases; Trump eyes a return to rallies
  CNBC
• Biden Poll Lead Dents Case for Costly Election Volatility Trades
  Yahoo/Bloomberg
• Delta Targets Louisiana With Category 3 Winds: Hurricane Update
  Yahoo/Bloomberg
• Central banks are weighing their own digital currencies – this is what they could look like
  CNBC
• China's services sector recovery gathers pace in Sept - Caixin PMI
  Reuters
• U.S. Budget Gap Tripled in Fiscal 2020 as Government Battled Pandemic
  WSJ
• Covid Is Crushing Small Businesses. That’s Bad News for American Innovation.
  WSJ
• Chinese Exports to the U.S. Get a Lifeline From Coronavirus-Related Demand
  WSJ
• Investors say recent bond market sell-off may be just the start
  FT
• Renminbi jumps by most in more than 4 years as China returns to work
  FT

Evening

• Asian markets to inch up as U.S. stimulus talks restart
  Reuters
• Pelosi, Mnuchin search for common ground as U.S. COVID-19 talks resume
  Reuters
• Fed's Kaplan rejects adding to QE, eyes eventual taper
  Reuters
• The US debt is now projected to be larger than the US economy
  CNN
• Japan's household spending falls 6.9% year/year in August
  Reuters

Thursday, October 8, 2020

Afternoon

• Wall Street ends higher as Trump boosts hopes of stimulus
  Reuters
• Oil Surges With Hurricane Delta Paralyzing U.S. Gulf Output
  Yahoo/Bloomberg
• Trump calls for 'skinny' coronavirus relief bill -spokeswoman
  Reuters
• Pelosi seeks airline aid, comprehensive deal as U.S. COVID-19 talks resume
  Reuters
• U.S. airline aid up in the air as pandemic relief talks resume
  Reuters
• Rosengren Says Pre-Pandemic Low Rates Worsened Current Downturn
  Yahoo/Bloomberg
• Coronavirus live updates: Wisconsin now center of U.S. outbreak as cases remain stubbornly high nationwide
  CNBC
• New York and New Jersey, Early Hot Spots, Hit Anew: Virus Update
  Yahoo/Bloomberg
• Fed’s Rosengren Says More QE May Lack Punch, Fiscal Power Needed
  Yahoo/Bloomberg
• Red hot home prices have more consumers saying now is a bad time to buy
  CNBC
• Oil Site Leaked Gases Uncontrollably for Months, Group Says
  Yahoo/Bloomberg
• Plot to kidnap Michigan governor thwarted; 13 arrested, officials say
  Reuters
• Tett: Bubble warning: even college kids are touting Spacs
  FT
• China blurs lines between private and state business
  FT

General

• Stocks Advance on Stimulus Hopes; Dollar Weakens: Markets Wrap
  Yahoo/Bloomberg
• Oil Gains Above $40 With Hurricane Delta Threatening Gulf Output
  Yahoo/Bloomberg
• Trump says COVID-19 aid talks have restarted, good chance for deal
  Reuters
• Pelosi says there will be no stand-alone aid for airlines without bigger stimulus bill
  CNBC
• Trump Touts Progress in Stimulus Talks Days After Spiking Them
  Yahoo/Bloomberg
• U.S. weekly jobless claims inch lower, but remain stubbornly high
  Reuters
• Coronavirus live updates: Trump refuses virtual debate plan, more Americans than expected file jobless claims
  CNBC
• Delta Aims for Louisiana Area Slammed by Laura: Hurricane Update
  Yahoo/Bloomberg
• Split on applying new framework, Fed struggles over economic outlook as well
  Reuters
• Lloyd Blankfein sees `bubble elements’ in markets thanks to ‘free’ money
  CNBC
• U.S. warns China against Taiwan attack, stresses U.S. 'ambiguity'
  Reuters
• Lenders Get Stuck With Busted Eateries After Bidders Get Scarce
  Bloomberg
• The Fiscal Federal Reserve
  WSJ
• Chance of post-vote spending splurge wakes up sleepy US bond market
  FT
• ‘This is a guy who is a thug’: how the US elite became hawks on Xi’s China
  FT

Wednesday, October 7, 2020

Evening

• Asia Stocks to Advance Amid Stimulus Optimism: Markets Wrap
  Yahoo/Bloomberg
• Wall Street ends higher on hope that partial coronavirus stimulus deal may occur
  Reuters
• White House aides downplay coronavirus aid chances; Pelosi blasts Trump, but discusses airline help
  Reuters
• U.S. states, cities in waiting game as talks on federal aid halted
  Reuters
• Big Tech Now Has Reason to Fear a Democratic Victory
  Yahoo/Bloomberg
• Stimulus doubts stoke uncertainty for shoppers, retailers just as holiday season begins
  CNBC
• Long-term jobless figures rise, underscoring economic pain
  The Hill
• Fed has capacity to amp up bond-buying, but no need now, Evans says
  Reuters
• Fed's Williams says moderate inflation overshoot acts as 'guard rail'
  Reuters
• France, U.S. and Russia to meet on Nagorno-Karabakh amid fears of regional war
  Reuters
• Fed Officials Vow to Alter Long-Held Practices to Beat Inequity
  Bloomberg
• Trump Calls for Some Covid-19 Relief Measures After Shutting Down Stimulus Talks
  WSJ
• Fed minutes leave room for manoeuvre on interest rate policy
  FT

Afternoon

• Wall Street bounces on hopes for piecemeal stimulus deal
  Reuters
• Oil falls 3% on U.S. stimulus impasse, stockpile rise
  Reuters
• White House aides not optimistic on any kind of U.S. coronavirus stimulus
  Reuters
• Failed U.S. stimulus talks could threaten economic recovery
  Reuters
• U.S. lawmakers detail Big Tech's market abuses and press for strict reform
  Reuters
• Storm-weary U.S. offshore energy firms prep for massive hurricane
  Reuters
• China Threatens War Over New Taiwan Independence Proposal: State Media
  USNWR
• U.S. Explores Restrictions on Ant Group, Tencent Payment Systems
  Bloomberg
• Investor Nerves on Show as Shocks Trigger Stock, Bond Swings
  Bloomberg
• Hopes fade for US stimulus with Washington in stalemate
  FT
• Turkish lira plunges amid tensions with Washington
  FT

General

• Stocks bounce after worst session for S&P 500, Dow in two weeks
  Reuters
• Oil prices slide as Trump cancels aid talks, U.S. crude stocks expand
  Reuters
• Trump reverses course on coronavirus relief talks, dangles new $1,200 stimulus checks
  CNBC
• Trump’s ‘illogical’ move to end stimulus talks baffles Wall Street and Washington
  CNBC
• Coronavirus live updates: Study shows billionaire wealth surged; major European economies downgrade forecasts
  CNBC
• Mortgage rates set another record low, sparking new strength in refinances
  CNBC
• America’s youngest consumers are hunkering down
  Yahoo
• Billionaire wealth reaches new high during COVID-19 pandemic - UBS
  Reuters
• It’s Spain, Not Italy, That Has European Investors Worried
  Yahoo/Bloomberg
• BOJ Kuroda warns climate change among biggest challenges facing global economy
  Reuters
• Asia’s largest junk bonds are riskier than ever — and Chinese property developers may be feeling the heat
  CNBC
• September was world's hottest on record, EU climate change service says
  Reuters
• Iran fears regional war as fighting rages around Nagorno-Karabakh
  Reuters
• Hedge Funds Bet Big Against Evergrande a Day Before Stock Soared
  Bloomberg
• Trump Sends Mixed Messages Over Covid-19 Stimulus
  WSJ
• San Francisco Office Rents Tumble and Show No Sign of Bottoming
  WSJ
• From AI to facial recognition: how China is setting the rules in new tech
  FT
• Billionaire fortunes hit record levels in pandemic
  FT

Tuesday, October 6, 2020

Evening

• Asia Stocks to Drop After U.S. Stimulus Talks End: Markets Wrap
  Yahoo/Bloomberg
• Wall Street ends down 1% after Trump calls off coronavirus economic relief talks
  Reuters
• U.S. financial markets sour as Trump ends coronavirus relief negotiations
  Reuters
• Coronavirus live updates: Trump calls off stimulus negotiations until after election; Pentagon leaders quarantine
  CNBC
• House Democrats say Facebook, Amazon, Alphabet, Apple enjoy ‘monopoly power’ and recommend big changes
  CNBC
• House Democrats Urge Tech Giants’ Breakup in Antitrust Plan
  Yahoo/Bloomberg
• S&P Global sees U.S., European corporate default rates doubling
  Reuters
• America’s Municipal Governments Fret As Stimulus Talks Collapse
  Bloomberg
• House Lawmakers Condemn Big Tech’s ‘Monopoly Power’
  NYT

Afternoon

• Stocks suddenly drop after Trump calls off stimulus talks, Dow down 300 points
  CNBC
• Trump calls off coronavirus relief talks with Democrats
  Reuters
• Trump says he’s calling off stimulus negotiations with Democrats ‘until after the election’
  CNBC
• Powell: Coronavirus economy still at risk of downward spiral
  Reuters
• Central bankers call for fiscal aid at 'critical' point in pandemic battle
  Reuters
• Top military leaders self-quarantining after positive coronavirus test at Pentagon
  CNBC
• Kyrgyzstan on edge of chaos after opposition storms government buildings
  Reuters

General

• Stocks Drop After Powell Admonition; Oil Gains: Markets Wrap
  Yahoo/Bloomberg
• Stocks inch to two-week high after Trump leaves hospital
  Reuters
• Oil prices gain on supply disruptions, Trump's hospital exit
  Reuters
• U.S. trade deficit jumps to largest in 14 years in August
  Reuters
• Fed Chair Powell calls for more help from Congress, says there’s a low risk of ‘overdoing it’
  CNBC
• Coronavirus live updates: White House blocks FDA vaccine guidelines; EU reviewing Pfizer drug in real-time
  CNBC
• Bond Traders Start to Bet on a Democratic Sweep
  Yahoo/Bloomberg
• U.S. House's antitrust report hints at break-up of Big Tech firms: lawmaker
  Reuters
• Illinois' rating likely cut to junk if income tax measure fails -Citi
  Reuters
• Goldman Eyes $14 Billion for Its Largest Fund Since 2008 Crisis
  Yahoo/Bloomberg
• Hurricane Delta now Category 2, roars at Mexico’s Yucatan
  AP
• In Tokyo, Pompeo slams China and seeks support from Asian allies
  Reuters
• Taiwan says military under pressure from China as missions mount
  Reuters
• Covid-19 Making a Dangerous Comeback in Most Parts of U.S.
  Bloomberg
• Brazil’s Economy Faces ‘Exceptionally High’ Risks, IMF Says
  Bloomberg
• Top China Critic Becomes Its Defender
  NYT
• Treasury Yields Hit Highest Levels Since June
  WSJ
• Lagarde Is Prepared to Add Stimulus, Cut Rates to Support European Recovery
  WSJ
• Investors find new hedges against a US election sell-off
  FT
• The great uncoupling: one supply chain for China, one for everywhere else
  FT
• Emerging economies face rising interest rates as capital flows ebb
  FT
• What is the ETF creation-redemption mechanism?
  FT

Evening

• U.S. stock futures little changed after Monday’s rally
  CNBC
• Dollar soft as U.S. stimulus hopes, Trump discharge boost risk sentiment
  Reuters
• Trump returns to White House hard hit by coronavirus
  Reuters
• Pelosi, Mnuchin speak for an hour but don’t reach a coronavirus stimulus deal
  CNBC
• U.S. commercial bankruptcies up 33% year to date
  Reuters
• Oil firms begin offshore U.S. evacuations as record-breaking storm threatens
  Reuters

Monday, October 5, 2020

Afternoon

• Stimulus hopes lift Wall Street as severity of Trump's illness unclear
  Reuters
• Treasuries Yields Pop Higher on Chances for Biden Win, Stimulus
  Yahoo/Bloomberg
• Oil Jumps With U.S. Stimulus Optimism Lifting Markets
  Yahoo/Bloomberg
• U.S. service sector activity rises above pre-pandemic level in September: ISM survey
  Reuters
• U.S. coronavirus relief bill complicated by top Republicans testing positive
  Reuters
• Fed’s Evans Says He’d Welcome 2.5% Inflation Rate in U.S.
  Yahoo/Bloomberg
• Fed must be 'in it to win it' on inflation goal: Evans
  Reuters
• Day-Trader Fever Was Boiling Over Just Before October Surprise
  Yahoo/Bloomberg
• Wild Market Gyrations Drive Record Cash Into Treasury Fund
  Yahoo/Bloomberg
• Calamities Challenge California’s Economic Foundation
  NYT
• The Covid Economy Carves Deep Divide Between Haves and Have-Nots
  WSJ

General

• Wall Street jumps on stimulus hopes, hints of Trump hospital discharge
  Reuters
• Global stocks rise as signs of Trump's improving health calm markets
  Reuters
• Trump and medical team will decide later Monday whether he’s discharged, chief of staff says
  CNBC
• Oil prices claw back 2% after upbeat signals from Trump doctors
  Reuters
• U.S. coronavirus relief bill complicated by top Republicans testing positive
  Reuters
• Coronavirus live updates: Second-largest theater chain to shutter all U.S., U.K. locations; tracking Trump’s treatment
  CNBC
• Euro zone economic recovery in danger as COVID-19 resurgence hits service industries
  Reuters
• Warnings Issued in the Caribbean Ahead of New Gulf Coast Hurricane Threat
  Weather.com
• U.S. Disarray Has Emerging Markets Struggling to Hold the Line
  Yahoo/Bloomberg
• HSBC’s Wild Ride Pushes Hedging Costs to Highest in a Decade
  Yahoo/Bloomberg
• Record Shorts Show New Bets on Steeper Treasury Yield Curve
  Bloomberg
• Bonds Were a Safety Net When Stocks Fell. Investors Fret They Aren’t Anymore.
  WSJ
• America’s Main Street Revival Goes Into Reverse, Cutting a Small-Town Lifeline
  WSJ
• U.S. Steps Up Efforts to Counter China’s Dominance of Minerals Key to Electric Cars, Phones
  WSJ
• Roach: The end of the dollar’s exorbitant privilege
  FT
• A new Cold War: Trump, Xi and the escalating US-China confrontation
  FT
• IMF abandons public debt concerns and calls on governments to invest
  FT

Evening

• Dow futures rise 200 points in overnight trading as investors monitor Trump’s health
  CNBC
• Record-breaking California wildfires surpass 4 million acres
  AP
• Emerging Markets Look to Hold the Line as U.S. Disarray Mounts
  Bloomberg
• Second Storm Sparks Warnings in Caribbean, Seen Heading for Gulf
  Bloomberg
• Workers Face Permanent Job Losses as the Virus Persists
  NYT

Sunday, October 4, 2020

General

• Trump's diagnosis fuels uncertainty for skittish U.S. stock market
  Reuters
• Live updates: Trump's doctor says he's "not out of the woods," but "cautiously optimistic"
  CBS
• Coronavirus live updates: Trump is ‘not yet out of the woods’ but his team is ‘cautiously optimistic,’ White House physician says
  Reuters
• The Stock Market’s Leaders Appear Most Vulnerable to Biden’s Tax Plan
  WSJ
• Regal Cinemas Likely Suspending Operations at All U.S. Locations
  WSJ
• China rolls out experimental Covid vaccine as it eyes global market
  FT