Daily News Links

8605 posts

Saturday, September 5, 2020

General

• The stock market shakeout is likely not over yet, even with Friday’s comeback
  CNBC
• Japan's Suga signals ultra-easy monetary policy to continue
  Reuters
• Masked men drag protesting Belarusian students off the streets
  Reuters
• Voters Face a Complicated Election as the Pandemic Remakes Voting
  WSJ
• Beware what comes after the easy money binge
  FT

Friday, September 4, 2020

Evening

• Wall Street ends lower as Nasdaq rout persists
  Reuters
• Oil falls 3%, posts weekly drop on demand concerns
  Reuters
• Global stocks falter as tech stays weak, dollar dips after three-day run
  Reuters
• Fed Chair Powell: jobs report 'good,' low rates to stay
  Reuters
• Worries grow over a K-shaped economic recovery that favors the wealthy
  CNBC
• Exclusive: Trump administration weighs blacklisting China's chipmaker SMIC
  Reuters
• Russia scrambles jets to escort U.S. bombers over Black Sea: news agencies
  Reuters

General

• Wall Street sinks as tech sell-off continues
  Reuters
• U.S. job growth slows in August, unemployment rate falls to 8.4%
  Reuters
• Coronavirus live updates: Trump’s vaccine chief says unlikely one is ready by November
  CNBC
• Chinese banks’ profits will weaken even more in the second half of 2020, says Fitch Ratings
  CNBC
• China may dump U.S. Treasuries as Sino-U.S. tensions flare: Global Times
  Reuters
• China Developers Face Harsh Liquidity Test as Curbs Loom
  Yahoo/Bloomberg
• US, Taiwan seek 'like-minded' democracies in supply chain shift from China
  Reuters
• ECB Seen on Track to Add More Stimulus as Recovery Sputters
  Yahoo/Bloomberg
• Australia faces down China in high-stakes strategy
  Reuters
• China planning building spree in Tibet as India tensions rise, sources say
  Reuters
• Charts That Only Went Up Rapidly Redrawn in Volatility Bout
  Bloomberg
• Xi Says Party Can’t Be Split From Masses in Rebuke to U.S.
  Bloomberg
• Global Views on Economy Turn Sharply Negative
  Bloomberg
• Risk Creeps Into Municipal Bond Market, Yet Prices Stay High
  WSJ
• Car Sales Are Down Almost 20%, But Prices Are Setting Records
  WSJ
• How Options-Market Amateurs Might Have Tripped Up Big Tech
  WSJ
• Covid-19 Pandemic Ravages World’s Largest Developing Economies
  WSJ

Evening

• Dow futures drop 100 points as Wall Street braces for more tech losses
  CNBC
• Asian stocks set to fall as Wall Street's tech rally stumbles
  Reuters
• Fed policymakers signal comfort with higher inflation
  Reuters
• Coronavirus live updates: More universities send students home; Fauci confident in vaccine approval process
  CNBC
• White House says it does not expect U.S. government shutdown at month's end
  Reuters
• U.S. stock funds shed $6.2 billion outflow in last week: Lipper
  Reuters
• The Economy Is Limping, but Wall Street Is Booming
  WSJ

Thursday, September 3, 2020

Afternoon

• Wall Street ends lower on tech sell-off, investors eye slow recovery
  Reuters
• U.S. service sector activity slows in August - ISM survey
  Reuters
• Fed's Evans calls for more fiscal aid, signals further monetary easing
  Reuters
• Tesla is dropping again, bringing three-day loss to 18%
  CNBC
• Emerging-Market Bond Funds Face Reckoning
  WSJ

General

• Wall Street tumbles as tech rally loses steam, economic data weighs
  Reuters
• Dollar gains further on worries ECB grew uncomfortable with euro rise
  Reuters
• Oil Drops Again With OPEC Supply and Wavering Demand in Focus
  Yahoo/Bloomberg
• U.S. trade deficit jumps to 12-year high in July
  Reuters
• U.S. weekly jobless claims total 881,000, vs 950,000 expected
  CNBC
• Investors snap up U.S. corporate debt, pushing some real yields below zero
  Reuters
• China's services sector sustains recovery as hiring picks up: Caixin PMI
  Reuters
• Euro zone public deficit levels unsustainable, ECB's Wunsch says
  Reuters
• Darkest Quant Fears Ring True in $1 Trillion World of Smart Beta
  Yahoo/Bloomberg
• A Currency War Is the Last Thing the World Needs
  Yahoo/Bloomberg
• Covid-19 Flares in New Hot Spots as Americans Let Their Guard Down
  Bloomberg
• Inflation Is Higher Than the Numbers Say
  NYT
• Doing the Math on Third-Quarter GDP
  WSJ
• Fed's Williams: New Policy Regime Will Help Fed Achieve Job, Inflation Goals
  WSJ
• Oversupply of Easy Money Sends European Borrowing Rates to Record Low
  WSJ
• Fed’s inflation shift is another blow to ‘safe’ assets
  FT
• Speculation in tech stocks points to wild swings
  FT
• Hong Kong: Beijing cracks down while the financial centre thrives
  FT

Wednesday, September 2, 2020

Evening

• Asian shares set to rise on broader U.S. rally, dollar gains
  Reuters
• Stock futures flat as Wall Street takes a breather after strong start to September
  CNBC
• Wall Street closes higher with defensive bets out front
  Reuters
• U.S. CBO sees FY20 federal budget deficit of $3.3 trillion amid coronavirus spending
  Reuters
• FOMO Redrawing U.S. Stock Charts as Investors ‘Ride the Wave’
  Bloomberg
• Seven Nobel Winners Sign Letter Opposing Shelton Fed Nomination
  Bloomberg
• Beijing Pushes Its Big Banks to Weakest Health in a Decade
  Bloomberg
• U.S. Debt Is Set to Exceed Size of the Economy Next Year, a First Since World War II
  WSJ
• Bundesbank chief calls for scaling-back of crisis aid
  FT

Afternoon

• Nvidia, Microsoft power S&P 500's advance
  Reuters
• U.S. private payrolls undershoot expectations, point to stalling labor market recovery
  Reuters
• Coronavirus live updates: Pelosi, Mnuchin at impasse on relief aid; inexpensive steroids reduce patient deaths
  CNBC
• ‘Extraordinary’ move by CDC to stop evictions draws heavy criticism from housing industry and tenant advocates
  CNBC
• California Beset With Fires and Virus Sells $2.4 Billion in Debt
  Bloomberg
• Manhattan Office Leasing on Track for Lowest Level in 20 Years
  Bloomberg
• India Bans 118 China Apps Including PUBG, Alipay and Baidu Search
  Bloomberg
• US corporate bond issuance hits $1.919tn in 2020, beating full-year record
  FT
• US puts new restrictions on Chinese diplomats
  FT

General

• Stocks climb as recovery hopes gather strength
  Reuters
• Dollar extends gains, Aussie lags, euro backtracks from $1.20 high
  Reuters
• U.S. private payrolls increase modestly in August: ADP
  Reuters
• Mortgage demand from homebuyers is now 28% higher than last year
  CNBC
• Pelosi says 'serious differences' between Democrats, White House on coronavirus aid
  Reuters
• Coronavirus live updates: Beijing to resume direct international flights; WHO warns ‘winter is coming’
  CNBC
• Federal Reserve: We got it ‘wrong’ on post-crisis rate hikes
  Yahoo
• Neediest Credit Card Users Are Seeing Their Limits Fall the Most
  Yahoo/Bloomberg
• Australia's Q2 GDP shrinks at record pace as coronavirus pushes country into recession
  Reuters
• EU markets watchdog says stocks rebound out of kilter with COVID-hit economy
  Reuters
• Weak German retail sales dash hopes for strong recovery
  Reuters
• JPMorgan Says Key Markets Brace for a Contested Election
  Yahoo/Bloomberg
• Bridgewater’s Risk-Parity Shift Jolts a $400 Billion Quant Trade
  Yahoo/Bloomberg
• China Has The World’s Largest Navy. And It’s Getting Better, Pentagon Warns
  Forbes
• American Food Banks Are Being Overwhelmed by Worst Crisis Ever
  Bloomberg
• U.S. Election Priced as Worst Event Risk in VIX Futures History
  Bloomberg
• China Banks Have a Problem $96 Billion Can't Fix
  Bloomberg
• U.S. Debt Is Set to Exceed Size of the Economy for Year, a First Since World War II
  WSJ
• How’s the Coronavirus Economy? Great or Awful, Depending on Whom You Ask
  WSJ

Tuesday, September 1, 2020

Evening

• Stock futures rise slightly after strong start to September
  CNBC
• Asia Shares to Open Mixed After Fresh U.S. Record: Markets Wrap
  Yahoo/Bloomberg
• S&P, Nasdaq close at record highs in tech-fueled rally
  Reuters
• White House moves to halt evictions as fears of coronavirus-fueled housing crisis grow
  CNBC
• Fed’s Mortgage-Buying Spree at $1 Trillion With No End in Sight
  Yahoo/Bloomberg
• U.S. economy needs more Fed stimulus 'in coming months,' Brainard says
  Reuters
• Brazil nears four million coronavirus cases, death toll at 122,596: health ministry
  Reuters
• Tech Traders Say Options Hedging Is Firing Up Rally in Nasdaq
  Bloomberg
• Pentagon warns of China’s growing nuclear arsenal
  FT

Afternoon

• Wall Street advances as U.S. factory activity hits 19-month high
  Reuters
• WH’s Meadows says state and local aid is biggest road block to stimulus deal, despite ‘real progress’
  CNBC
• Home prices suddenly see biggest gains in 2 years
  CNBC
• U.S. manufacturing activity strongest in nearly two years in August
  Reuters
• U.S. construction spending almost flat in July: Commerce Department
  Reuters
• Markets unprepared for wave of defaults in coming months: S&P Global
  The Hill
• Thousands of small-business loans may have been fraudulent, House panel finds
  Reuters
• Toyota's U.S. sales fall 23% in August
  Reuters
• Brazil economy back to 2009 size after record 9.7% slump in second quarter
  Reuters
• India accuses China of fresh 'provocative actions' at mountain border
  Reuters

General

• U.S. Stocks Climb as Dollar Touches Two-Year Low: Markets Wrap
  Yahoo/Bloomberg
• Gold Rebounds Toward $2,000 After Dollar Drops to Two-Year Low
  Yahoo/Bloomberg
• Dollar dumped on rate outlook, Aussie looks to RBA
  Reuters
• Yuan’s Jump to One-Year High Tests China’s Tolerance for Gains
  Yahoo/Bloomberg
• U.S. Senate's McConnell eyes revamped coronavirus relief bill, Mnuchin tells Fox Business
  Reuters
• U.S. corporate debt soars to record $10.5 trillion
  MarketWatch
• Coronavirus cases are on the rise again across more than half of the U.S.
  CNBC
• Tesla to sell up to $5 billion in stock amid rally
  CNBC
• China accuses U.S. using 'national security' as excuse to act against Chinese firms
  Reuters
• China's August export orders shake off COVID gloom, fuelling factory expansion: Caixin PMI
  Reuters
• Asia's factories shaking off COVID gloom, China shines
  Reuters
• Euro-Area Inflation Turns Negative in Worrying Sign for ECB
  Yahoo/Bloomberg
• Factbox - Global central bank response to the coronavirus outbreak
  Reuters
• Small-Business Failures Loom as Federal Aid Dries Up
  NYT
• TikTok Deal Faces Complications as U.S. and China Ratchet Up Tit-for-Tat
  NYT
• Summer Fuel Demand Disappoints, Challenging Economy
  WSJ
• Demand for Houses Boosts Home Construction
  WSJ
• Why Trump no longer talks about the trade deficit with China
  FT

Evening

• Asian stocks edge lower after Wall Street dips in month-end trade
  Reuters
• Stock futures flat in overnight trading after S&P 500 and Dow notch best August since 1980s
  CNBC
• Framework complete, Fed faces election year call on next steps
  Reuters
• S.Korea Aug exports drop 9.9%, beating forecast
  Reuters

Monday, August 31, 2020

Afternoon

• Wall Street mixed as S&P 500 heads for best August since 1984
  Reuters
• South Africa Rand Plunges as Political Risk Returns to Radar
  Yahoo/Bloomberg
• Investors Dump ‘Dead Weight’ Cash-Like ETFs at Fastest Pace Ever
  Yahoo/Bloomberg
• Stocks in ‘Euphoric Land’ With Nasdaq 100 Surging Past 12,000
  Bloomberg

General

• U.S. Equities Fluctuate; Bonds Decline: Markets Wrap
  Yahoo/Bloomberg
• Stocks set for five months of gains as stimulus fuels highs
  Reuters
• Uncertainty dominates presidential campaign’s final stretch
  AP
• Insider Trading Is Rife With No Regulators in Sight
  Yahoo/Bloomberg
• Coronavirus live updates: U.S. approaches 6 million cases as new infections rise in more states
  CNBC
• China lifts yuan midpoint to highest since July 2019
  Reuters
• Second U.S. shale boom's legacy: Overpriced deals, unwanted assets
  Reuters
• China's slower factory growth eclipsed by robust services in boost to economic recovery
  Reuters
• India's economy shrinks record 23.9% y/y in June quarter
  Reuters
• Portugal's exports slump 40% in second quarter, stoke record GDP fall
  Reuters
• Brazil public sector debt rises to record 86.5% of GDP
  Reuters
• India's federal fiscal deficit crosses full year budget target in four months
  Reuters
• Scientists see downsides to top COVID-19 vaccines from Russia, China
  Reuters
• Climate change bigger economic risk than pandemic, ECB's Schnabel says
  Reuters
• Chinese Borrowers Face Fresh Tests as Debt Reprieve Nears End
  Bloomberg
• Bad Debt Wave Drags China’s Big Banks to Worst Profit Drop
  Bloomberg
• India Faces Worst Quarterly GDP Slump Ever After Lockdown
  Bloomberg
• Top Fed Official Says New Framework Provides More Humble Approach to Setting Rates
  WSJ
• Individual-Investor Boom Reshapes U.S. Stock Market
  WSJ
• Bond investors cast doubt on Federal Reserve’s inflationary potential
  FT
• Pandemic sends real yields on corporate debt into negative territory
  FT
• Global equities poised to complete hottest August since 1986
  FT
• Health concerns swirl around Europe’s obese and addicted banks
  FT

Sunday, August 30, 2020

Evening

• S&P 500 Futures Push Higher; Yen Pares Friday Gain: Markets Wrap
  Yahoo/Bloomberg
• Dow futures rise 100 points as Wall Street wraps up its best August in more than 30 years
  CNBC
• Fed’s Shift Is Temporary Boon for Emerging Market Central Banks
  Yahoo/Bloomberg
• Huge protest on Belarus leader’s birthday demands he resign
  AP
• Fearing Hong Kong’s Fate, Taiwan Moves to Bolster Its Military Against China
  WSJ
• Japan set for new PM in weeks as Shinzo Abe’s party plans speedy vote
  FT

General

• What's next as Japan PM Abe quits, potential successors
  Reuters
• China's big banks brace for lagging COVID-19 risks as bad loans rise
  Reuters
• India records world’s biggest single-day jump in virus cases
  AP
• TikTok Assets Can’t Be Sold Without China’s Approval
  Bloomberg
• A Flexible Fed Means Higher Inflation
  WSJ
• Coronavirus Has Left Banks With Lots of Cash and Little to Do With It
  WSJ
• China strikes debt deals with poor nations under G20 scheme
  FT