Daily News Links

8605 posts

Saturday, August 1, 2020

General

• Congressional Democrats, White House set for Saturday talks on coronavirus bill
  Reuters
• Trump, GOP soften on opposition to $600 jobless benefit
  AP
• Wall Street Week Ahead: After monster rally, investors cautious as U.S. recovery wobbles
  Reuters
• Global investors drive record inflows into Chinese bonds in July
  Reuters
• Trump says he’ll act to ban TikTok in US as soon as Saturday
  AP
• Summertime Sadness: Resurgent Virus Dims Crisis Recovery Hopes
  Bloomberg
• Coronavirus Latest: California Is First State to Pass 500,000 Infections
  WSJ
• Fitch cuts US outlook as federal deficit climbs
  FT
• Big tech presents a problem for investors as well as Congress
  FT

Friday, July 31, 2020

Evening

• Fitch revises U.S. outlook to 'negative' from 'stable'; affirms AAA rating
  Reuters
• Gold Sets Fresh Record Heading for Best Month in Four Years
  Yahoo/Bloomberg
• Pelosi says no deal near on coronavirus relief; talks with White House continue Saturday
  Reuters
• Nasdaq surges on megacap earnings but fiscal uncertainty lingers
  Reuters
• Dollar rises but posts biggest monthly drop in a decade
  Reuters
• Global stocks fall, safe-havens gain as macro picture clouds tech shine
  Reuters
• One-Third of U.S. Restaurants Face Permanent Closure This Year
  MSN
• Blithe Bulls Find Just Enough to Like in Decade’s Worst Earnings
  Bloomberg
• Dollar blues: why the pandemic is testing confidence in the US currency
  FT
• US dollar has worst month since 2010 in ‘relentless’ sell-off
  FT
• US real yields hit minus 1% as economic outlook darkens
  FT

General

• Stocks Drop as Energy Selloff Outweighs Tech Rally: Markets Wrap
  Yahoo/Bloomberg
• U.S. Dollar Suffers Its Worst Month in a Decade
  Yahoo/Bloomberg
• Gold Sets Fresh Record Heading for Best Month in Eight Years
  Yahoo/Bloomberg
• Bond Yields Are Sending a Scary Signal on Stocks
  Yahoo/Bloomberg
• Congress fails to agree on the next coronavirus stimulus deal as $600-a-week unemployment benefits expire
  CNBC
• U.S. consumer spending rises for second straight month in June
  Reuters
• The U.S. election is getting ugly - and investors are getting nervous
  Reuters
• Carmakers Borrow Industry-Leading $132 Billion to Weather Covid-19
  Yahoo/Bloomberg
• Coronavirus live updates: U.S. cases jump by 67,000; Sanofi, GSK nab $2.1 billion in vaccine deal
  CNBC
• China's factories accelerate recovery in July as demand perks up
  Reuters
• Coronavirus may cost Latin America and Caribbean a decade: ECLAC
  Reuters
• Hong Kong postpones legislative elections for a year over coronavirus fears
  CNN
• French Economy Suffers Record Slump
  Yahoo/Bloomberg
• Spain dives into deep recession, tourism woes bode ill for rebound
  Reuters
• Portugal's GDP slumps 14.1% in second quarter, biggest contraction ever recorded
  Reuters
• Xi Speeds Up China’s Inward Economic Pivot in More Hostile World
  Bloomberg
• Remdesivir Gets Lukewarm Endorsement From Experts in Covid Fight
  Bloomberg
• Big Tech’s Embarrassment of Riches
  WSJ
• Investors in gold and investors in bonds cannot both be right
  FT
• US companies cling to share buybacks despite collapse in profits
  FT
• Hope will not save US commercial properties
  FT

Thursday, July 30, 2020

Evening

• Stocks are set to jump Friday after tech giants post strong earnings, Nasdaq futures gain nearly 1%
  CNBC
• S&P dips on worries about earnings, data, stimulus and election
  Reuters
• Spot Gold Snaps Nine-Day Rally That Saw Metal Rise to a Record
  Yahoo/Bloomberg
• Oil sinks on weak U.S. economic data, political uncertainty
  Reuters
• Deal on U.S. coronavirus aid bill elusive as jobless benefit nears expiration
  Reuters
• Factbox - High-frequency data sources for tracking the U.S. pandemic economy
  Reuters
• Seth Klarman Says Fed Is Infantilizing Investors in ‘Surreal’ Market
  Yahoo/Bloomberg

Afternoon

• Wall St. falls after grim data; Trump suggests election delay
  Reuters
• Coronavirus relief deal looks elusive in Congress as U.S. economy craters
  CNBC
• Trump floats idea of delaying election, congressional Republicans reject idea
  Reuters
• What would it take to postpone the U.S. presidential election?
  Reuters
• Coronavirus live updates: Herman Cain dies after battle with virus; McDonald’s seeks advice from Mayo Clinic
  CNBC
• Pompeo insists China 'tide is turning' at contentious U.S. Senate hearing
  Reuters
• Xi Calls for Deeper Reform to Escape ‘Grave’ Economic Conditions
  Bloomberg
• Republicans and Democrats Find a Point of Agreement: Big Tech Is Too Powerful
  WSJ
• China fires warning shot to UK over ‘cold war’ with Beijing
  FT

General

• Stocks Retreat as Earnings Roll In: Markets Wrap
  Yahoo/Bloomberg
• Stocks fall as Fed's pledge relief rally fades
  Reuters
• Donald Trump calls for delay to 2020 US presidential election
  Yahoo
• US economy shrank at record-breaking 33% rate last quarter
  AP
• U.S. weekly jobless claims total 1.434 million, vs 1.45 million expected
  CNBC
• China says U.S. fuelling new Cold War due to presidential election
  Reuters
• A $158 Billion CLO Bet Is Putting the Insurance Industry at Risk
  Yahoo/Bloomberg
• Hong Kong's commercial lenders on edge as building values tumble
  Reuters
• Coronavirus live updates: Daily U.S. cases top 70,000 again; study finds J&J vaccine protected monkeys with one dose
  CNBC
• Coronavirus plunges German economy into record recession
  Reuters
• Ravaged by coronavirus, Mexico's GDP falls record 17.3% in second quarter
  Reuters
• Daily coronavirus cases in India top 50,000 for first time
  Reuters
• Australia reports record spike in coronavirus cases, 13 deaths
  Reuters
• China’s Xi Sets His Sights on Taiwan After Subduing Hong Kong
  Bloomberg
• Hong Kong Moves to Crush Opposition With Sweeping Candidate Ban
  Bloomberg
• Lawmakers, United in Their Ire, Lash Out at Big Tech’s Leaders
  NYT
• U.S. Economy Contracts at Record 32.9% Annualized Rate; Jobless Claims Rise to 1.43 Million
  WSJ
• Europe’s Banks Take Hefty Charges as Coronavirus Impact Emerges
  WSJ
• Fed plans for ‘the worst’ as it waits for Congress to act
  FT
• A coronavirus vaccine could split America
  FT
• We all need to reassess what we understand by the word ‘risk’
  FT

Wednesday, July 29, 2020

Evening

• Stocks Rally, Dollar Falls on Dovish Fed Remarks: Markets Wrap
  Yahoo/Bloomberg
• Dollar hits two-year lows as Fed affirms dovish stance
  Reuters
• Gold Gains With Fed Flagging Risk From Virus and Dollar Dropping
  Yahoo/Bloomberg
• Mexican peso, Brazilian real falter; Other Latam FX gain after Fed decision
  Reuters
• Fed chief says coronavirus surge starting to dent U.S. economic recovery
  Reuters
• Big Tech testifies: Bezos promises action if investigation reveals misuse of seller data, Zuckerberg defends Instagram acquisition
  CNBC
• U.S. renters owe $21.5 billion in back rent; Republicans offer no eviction relief
  Reuters
• Coronavirus live updates: U.S. death toll tops 150,000 as hard-hit states reach record-high average deaths
  CNBC
• Hedge Funds Open by the Thousands in China, Piling Into Stocks
  Yahoo/Bloomberg
• Fed Sticks to Whatever It Takes With No Sign of Virus Easing
  Bloomberg
• Powell Says More Fiscal Policy Needed While Recovery Struggles
  Bloomberg
• Fed Maintains Stimulus Commitment as Economic Outlook Dims
  WSJ
• Dollar weakens after Federal Reserve boosts liquidity measures
  FT

Afternoon

• Upbeat earnings lift Wall Street as focus shifts to Fed
  Reuters
• Fed's Powell says coronavirus surge starting to weigh on economic recovery
  Reuters
• Trump dismisses virus aid for cities, lashes out at GOP
  AP
• Trump in no hurry for coronavirus deal as White House, lawmakers tangle
  Reuters
• U.S. Treasury makes $10 billion loan available to postal service as part of coronavirus relief
  Reuters
• 'Vaccine nationalism': Is it every country for itself?
  Reuters
• Kodak shares soar 400% in wild ride after Trump taps the former film giant to make drug ingredients
  CNBC
• U.S. Is About to Unveil the Ugliest GDP Report Ever Recorded
  Bloomberg
• Fed warns virus resurgence threatens economic recovery
  FT

General

• Stocks Mixed Before Fed; Treasuries Keep Advance: Markets Wrap
  Yahoo/Bloomberg
• Gold edges higher ahead of Fed decision
  MarketWatch
• Fed wrestles with its next moves as virus stalls US economy
  AP
• Fed faces viral wave, mounting risks to recovery
  Reuters
• U.S. small businesses face mass closures without more pandemic aid
  Reuters
• Lower weekly mortgage demand hints at a possible pullback by first-time homebuyers
  CNBC
• Coronavirus live updates: California, Florida, Texas report record-high average daily deaths
  CNBC
• Global airlines less hopeful on COVID-19 recovery
  Reuters
• Fitch lowers credit outlook on Japan to negative on COVID-19 impact
  Reuters
• Even Defaults Won’t Stop Funding Frenzy Started by Central Banks
  Yahoo/Bloomberg
• Popular U.S. Treasury Trade Is Set to Unwind by Most Since 2017
  Yahoo/Bloomberg
• Japan's daily coronavirus tally tops 1,000 for first time amid nationwide surge
  Japan Times
• Australia tells U.S. it has no intention of injuring important China ties
  Reuters
• U.S. Coronavirus Deaths Near 150,000, as Hospitalizations Rise
  WSJ
• Pandemic Puts Pressure on Private Debt as Default Rates Rise
  WSJ
• After Reopening, Coronavirus-Hit States Chart Their Own Paths to Close Up Again
  WSJ
• Boeing Plans Deeper Job and Production Cuts
  WSJ
• Tett: ETFs are the canary in the bond coal mine
  FT
• US Treasuries: the lessons from March’s market meltdown
  FT

Tuesday, July 28, 2020

Evening

• Asian stocks under pressure, gold rallies on U.S. stimulus impasse
  Reuters
• Wall Street falls as pandemic hurts consumer confidence and earnings; stimulus plan underwhelms
  Reuters
• Oil falls as U.S. stimulus package faces tough talks
  Reuters
• McConnell says he will not negotiate with Democrats on liability protections in coronavirus bill
  CNBC
• Coronavirus live updates: Signs outbreak is brewing in midwest; biggest tech show of the year goes online-only
  CNBC
• Rising COVID-19 cases dent U.S. consumer confidence; housing market presses ahead
  Reuters
• At Center of ‘Erratic’ Market Moves Is a Raging Recovery Debate
  Bloomberg
• China’s Covid-19 Rebound Lost Momentum in July as Consumers Wary
  Bloomberg
• Europe battles to contain surge in Covid-19 cases
  FT

Afternoon

• Stocks drop as coronavirus relief debate continues, McDonald’s and 3M fall after earnings
  CNBC
• US consumer confidence tumbles in July as COVID-19 spreads
  AP
• Fed announces extension in lending facilities until end of the year
  Reuters
• Fed wrestles with its next moves as virus stalls US economy
  AP
• Coronavirus live updates: Health experts say virus is here to stay; biggest tech show of the year goes online-only
  CNBC
• Spotlight on 4 Big Tech CEOs testifying in competition probe
  AP
• A trading tool that's transforming the $10 trillion-plus corporate bond market
  Reuters

General

• Wall St. slips on tough stimulus talks, mixed earnings
  Reuters
• U.S. Stocks Slip; Gold Retreats From $2,000: Markets Wrap
  Yahoo/Bloomberg
• Gold drops off record high, dollar gets respite
  Reuters
• Asian Stocks Pare Advance as Gold Rally Cools: Markets Wrap
  Yahoo/Bloomberg
• GOP and Democrats are far apart on coronavirus relief – here’s what happens next
  CNBC
• King dollar's decline ripples across the globe
  Reuters
• Goldman Warns Dollar’s Role as World Reserve Currency Is at Risk
  Yahoo/Bloomberg
• U.S. Mint Has Reduced Silver, Gold Coin Supplies to Purchasers
  Yahoo/Bloomberg
• Coronavirus live updates: Quest warns of slowing test turnaround; Bill Gates says death rate could drop substantially
  CNBC
• China Cluster Reaches Beijing; Tokyo Cases Rise: Virus Update
  Bloomberg
• States Charting Own Paths in Coronavirus Reclosings
  WSJ
• Two Republican Senators Will Oppose Shelton’s Fed Candidacy
  WSJ
• Chinese Banks and Slow-Boiling Frogs
  WSJ
• Chinese Hedge Funds Shine in Volatile Year
  WSJ
• What is the impact of the coronavirus pandemic? Global experts answer the big questions
  FT
• Lira sinks even as Turkey spends billions of dollars to prop it up
  FT

Evening

• U.S. stock futures flat ahead of major earnings
  CNBC
• Stocks Climb, Gold Jumps to Record on Fed Wagers: Markets Wrap
  Yahoo/Bloomberg
• Gold rockets toward $2,000 as Fed stimulus sinks dollar
  Reuters
• Republicans unveil coronavirus plan, slash emergency unemployment benefit
  Reuters

Monday, July 27, 2020

Afternoon

• Stimulus bets boost Wall St. ahead of busy earnings week
  Reuters
• U.S. Republicans race to finish coronavirus aid plan as jobless benefits set to expire
  Reuters
• U.S. manufacturing sector regaining momentum, rising COVID-19 threatens recovery
  Reuters
• Republicans, White House seek $400 cut to weekly unemployment aid: report
  Reuters
• Coronavirus live updates: Top Trump advisor tests positive; Google extends remote working until summer 2021
  CNBC

General

• Gold roars to record high, dollar dives again
  Reuters
• Stocks rise ahead of big week of earnings, coronavirus stimulus in focus
  CNBC
• Dollar struggles amid Sino-U.S. tensions, coronavirus woes
  Reuters
• Gold Rips Up Record Book as $2,000 Test Looms in Hunt for Haven
  Yahoo/Bloomberg
• U.S. core capital goods orders beat expectations in June
  Reuters
• Coronavirus live updates: Moderna wins additional U.S. funding; WHO deems Covid-19 ‘most severe’ health emergency
  CNBC
• China takes over U.S. consulate premises in Chengdu as ties worsen
  Reuters
• Global prospects dim for China's tech champions as great powers clash
  Reuters
• China reports 61 new COVID-19 cases for Sunday, highest daily domestic infections since March 6
  Reuters
• Dollar Bears Set Currency on Course for Worst July in a Decade
  Bloomberg
• Global Second Waves Emerge; China Cases Jump: Virus Update
  Bloomberg
• Office Vacancies in China’s Cities Soar Even as Economy Reopens
  Bloomberg
• Fed Outlook Turns Gloomier as Coronavirus Spreads
  WSJ
• A Big Unknown in Covid-19 Vaccine Development: How Long Will Protection Last?
  WSJ
• Coronavirus Is Back With a Vengeance in Places Where It Had All but Vanished
  WSJ
• Modi stumbles: India’s deepening coronavirus crisis
  FT

Sunday, July 26, 2020

Evening

• Stock futures rise ahead of big week of earnings, coronavirus stimulus in focus
  CNBC
• Gold Futures Touch Record as Haven Demand Builds, Contract Rolls
  Yahoo/Bloomberg
• Dollar Extends Drop, Gold Futures Rise to Record: Markets Wrap
  Yahoo/Bloomberg
• White House, Senate Republicans reach agreement on coronavirus aid bill, Meadows says
  Reuters
• Mnuchin says GOP coronavirus relief plan ready as unemployment boost runs out — ‘We can move very quickly’
  CNBC
• Trump aides float piecemeal approach to coronavirus relief in Congress
  Reuters
• Joint EU debt must not become a regular thing: Germany's Weidmann
  Reuters
• Asia Profits Tank 73% as Earnings Season Kicks into High Gear
  Yahoo/Bloomberg
• Putin says Russian Navy to get hypersonic nuclear strike weapons
  Reuters
• Ray Dalio Warns of U.S.-China ‘Capital War’ That Would Hit Dollar
  Bloomberg
• Investors Set Aside Coronavirus Worries, Driving a ‘Melt-Up’ in Markets
  WSJ
• Why Growth in the Fed’s Asset Portfolio Has Paused
  WSJ
• Covid’s Next Economic Crisis: Developing-Nation Debt
  WSJ
• US urged to exploit cracks in Russia-China relationship
  FT

General

• Staff leaving U.S. Chengdu consulate under high security as deadline looms
  Reuters
• Here are five charts illustrating U.S. economic trends amid the coronavirus pandemic
  CNBC
• Op-Ed: The U.S.-China clash has entered perilous new territory
  CNBC
• Fed to Debate Dimming Outlook as Virus Surges, Fiscal Help Hangs
  Bloomberg
• Europe’s Economy to Outpace U.S. in Upending of Past Roles
  Bloomberg
• [WSJ Investor Anxiety Turns to Greed, Driving Risky Market ‘Melt-Up’
• Expiring Jobless Aid Puts Pressure on GOP Senators
  WSJ