Daily News Links

8605 posts

Saturday, July 25, 2020

General

• No virus bill yet: White House, GOP at odds over jobless aid
  AP
• Wall Street Week Ahead: Investors hedging, worry about exuberance, as U.S. risks rise
  Reuters
• Record numbers of coronavirus cases in every global region: Reuters tally
  Reuters
• Tight security outside U.S. Chengdu consulate after China orders closure
  Reuters
• Australia says China's South China Sea claims are unlawful
  Reuters
• The Message Behind Gold’s Rally: The World Economy Is in Trouble
  Yahoo/Bloomberg
• Bond Market Eyeing Record-Low Yields Set for Nudge From the Fed
  Yahoo/Bloomberg
• Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine
  NYT
• Everyone’s a Day Trader Now
  WSJ

Friday, July 24, 2020

Afternoon

• Tech weighs on Wall Street as virus cases mount
  Reuters
• Safe-haven yen gains, dollar struggles on U.S. economic worries
  Reuters
• Here’s what we know is in the Republican coronavirus relief bill
  CNBC
• AP-NORC poll: Nearly half say job lost to virus won’t return
  AP
• Coronavirus live updates: Texas governor says Covid-19 not conquered yet; U.S. cases jump by more than 68,000
  CNBC
• Dr. Fauci says coronavirus vaccine likely won’t be ‘widely’ available until several months into 2021
  CNBC
• U.S. new home sales shine in June; business activity picks up
  Reuters
• 8 Big Reasons Election Day 2020 Could Be a Disaster
  Politico
• Rob Arnott Says It’s ‘Insanely Stupid’ to Chase Market Bubbles
  Bloomberg
• EU rescue package: borrowing to prevent a north-south split
  FT

General

• Stocks back off on U.S.-China frictions; Intel sinks
  CNBC
• China markets extend losses, Shenzhen stocks dive beyond 5% as U.S.-China tensions flare
  CNBC
• Gold sets sights on $1,900/oz as safe-haven flows pick up
  Reuters
• World shares retreat on rise in Sino-US tensions
  Reuters
• Oil prices edges up on weak dollar, U.S.-China tensions weigh
  Reuters
• China orders U.S. to close consulate in Chengdu
  CNBC
• Always rocky, China-US relations appear at a turning point
  AP
• Ahead of U.S. election, China braces for rocky ride, potential change
  Reuters
• Pompeo urges more assertive approach to 'Frankenstein' China
  Reuters
• Panic Selling Grips Chinese Stocks After U.S. Tensions Worsen
  Yahoo/Bloomberg
• China warned to prepare for 'big rise' in bad loans as financial system braces against coronavirus, rising global tensions
  Yahoo/SCMP
• Coronavirus live updates: WTO sees ‘substantial’ trade impact; U.S. cases jump by more than 68,000
  CNBC
• Explainer: Why Election Day could be just the start of a long battle over the U.S. presidency
  Reuters
• India sees record 49,000 new coronavirus cases, drug shortages in places
  Reuters
• Dollar Is Losing Its Luster as Investors Line Up to Go Short
  Yahoo/Bloomberg
• Bad Loan Ratio Set to Jump to Two-Decade High at India’s Banks
  Bloomberg
• Mike Pompeo Urges Chinese People to Change Communist Party
  WSJ
• Foreign Investors Flee Turkey’s Bond Market
  WSJ
• Fed regulator is fed up with hedge funds’ behaviour
  FT
• Jim Chanos: ‘We are in the golden age of fraud’
  FT

Thursday, July 23, 2020

Evening

• Asia Stocks to Drop After U.S. Fall; Bonds Rise: Markets Wrap
  Yahoo/Bloomberg
• Wall Street closes sharply lower on tech selloff
  Reuters
• U.S. Senate Republicans to unveil coronavirus proposal next week, McConnell says
  Reuters
• Fed's Main Street lending inches up as balance sheet holds above $7 trillion
  Reuters
• Pompeo, in fiery speech, hammers China over international abuses
  Reuters
• Coronavirus live updates: U.S. infections surpass 4 million; GOP convention cancelled in Florida
  CNBC
• Romney will oppose Trump's pick Shelton for Fed board: report
  Reuters
• U.S. ad market faces longer road to recovery as states' reopening efforts sputter
  Reuters
• China’s Red-Hot IPOs Are Creating a New Billionaire Every Week
  Yahoo/Bloomberg
• Pompeo Criticizes ‘Totalitarian’ China as Tensions Spike
  Bloomberg
• Trump Says China Trade Deal Means ‘Much Less to Me’ After Virus
  Bloomberg
• U.S. Economy’s Recovery Is Stalling, and It Could Get Even Worse
  Bloomberg
• Bubble Warnings Get Louder With Nasdaq Erasing Huge Monday Rally
  Bloomberg

General

• Stocks gain as upbeat earnings outweigh U.S.-China tensions
  Reuters
• Dollar hits four-month low, yuan recovers as Sino-U.S. tensions simmer
  Reuters
• U.S. weekly jobless claims total 1.416 million, vs 1.3 million expected
  CNBC
• Mnuchin says GOP plan for unemployment extension will be based on ’70% wage replacement’
  CNBC
• China state media blasts Houston consulate shutdown as Trump election gambit
  Reuters
• Coronavirus live updates: U.S. nears 4 million cases; U.K.‘s Johnson calls for vigilance ahead of ‘colder months’
  CNBC
• U.S. Bond Markets Are Driving Force Behind the New Gold Rush
  Yahoo/Bloomberg
• Shale Lenders in Retreat After Decade That Fueled Oil Boom
  Yahoo/Bloomberg
• Fannie-Freddie Risk Bonds Threaten Big Losses for Fund Managers
  Yahoo/Bloomberg
• Home prices in the Hamptons hit record as wealthy New Yorkers flee to the beach
  CNBC
• Australia forecasts biggest postwar fiscal deficit on virus-driven stimulus
  Reuters
• Brazil, Argentina hit coronavirus records as Latin America exceeds four million cases
  Reuters
• China Consulate Fight Shows Trump’s Hardliners Are in Charge
  Bloomberg
• Xi’s Own Campaign to Stay in Power Pits China Against the World
  Bloomberg
• Asia’s Aggressive Virus Resurgence Highlights Global Containment Challenge
  Bloomberg
• U.S. Braces for Chinese Diplomatic Retaliation as Ties Break Down
  WSJ
• US real yields tumble in a sign of prolonged Fed support
  FT

Wednesday, July 22, 2020

Evening

• Asia Stocks Poised for Muted Start: Dollar Slips: Markets Wrap
  Yahoo/Bloomberg
• Wall Street ends choppy session higher on mixed earnings, U.S. stimulus debate
  Reuters
• Battered U.S. dollar 'hanging by a thread' as coronavirus cases grow
  Reuters
• California reports record daily increase in coronavirus cases as it becomes worst-hit state in the U.S., Newsom says
  CNBC
• GOP considers extending unemployment benefit at reduced level of $100 a week through December
  CNBC
• Italy approves new deficit hike to help coronavirus-hit economy
  Reuters
• Brazil turned the coronavirus into a political football, with devastating results
  CNBC
• U.S. Move on Houston Consulate Risks American Footprint in China
  Bloomberg
• Asian Junk-Rated Corporates Get Downgraded at Record Pace
  Bloomberg
• Small Businesses Brace for Prolonged Crisis, Short on Cash and Customers
  WSJ
• Senate Republicans Discuss Short-Term Extension of Jobless Aid
  WSJ
• U.S. Existing-Home Sales Rose 20.7% in June
  WSJ

Afternoon

• S&P 500 rises as fiscal stimulus hopes offset Sino-U.S. worries
  Reuters
• Silver Futures Surge and Gold Nears Record in Flight to Havens
  Bloomberg
• Trump made clear he's unhappy with China - White House adviser on consulate closure
  Reuters
• Schumer demands action on coronavirus relief as Senate awaits McConnell’s bill
  CNBC
• The U.S. Is on the Verge of Lockdown 2.0
  Yahoo/Bloomberg
• Don't expect first COVID-19 vaccinations until early 2021: WHO's Ryan
  Reuters
• Global shares waver on fear of worsening U.S.-China ties; gold surges
  Reuters
• Ever-Lower U.S. Bond Yields Are Driving Gold’s Relentless Rally
  Yahoo/Bloomberg
• A Hidden Danger in Explosion of Index Funds
  Yahoo/Bloomberg

General

• Stocks retreat as Sino-U.S. relations sour
  Reuters
• Gold hits highest since 2011 on stimulus bets, silver at near 7-year peak
  Reuters
• Currency markets resume risk-on rally, shrugging off U.S.-China consulate spat
  Reuters
• U.S. orders China to shut Houston consulate in move China calls 'unprecedented escalation'
  Reuters
• U.S. existing home sales post record increase in June
  Reuters
• China central bank to pause easing as economy recovers, wary of over-stimulus: sources
  Reuters
• Coronavirus live updates: United requires masks in the airport; WHO cites accelerating spread in Africa
  CNBC
• U.S. records over 1,000 coronavirus deaths in a single day for first time since early June
  Reuters
• Silent spread of virus keeps scientists grasping for clues
  AP
• Global coronavirus cases exceed 15 million: Reuters tally
  Reuters
• Analysts warn of ‘double edged sword’ in China market rally as investors indulge in frenzied, risky trading
  CNBC
• China-U.S. Dispute Over Consulate Puts Market Watchers on Edge
  Bloomberg
• Silver Rockets Higher, Gold Near Record in Flight to Havens
  Bloomberg
• Fed Deliberates How and When to Roll Out More Economic Support
  WSJ
• Why China’s Growth Sometimes Doesn’t Add Up
  WSJ

Tuesday, July 21, 2020

Evening

• S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks
  Reuters
• Gold surges 1.5% as dollar stumbles; silver gathers pace
  Reuters
• Democrats want more money, more detail after meeting Trump team on coronavirus relief
  Reuters
• Coronavirus live updates: Employment recovery falters in virus-ridden states; White House briefing ahead
  CNBC
• Tension, infighting roil Trump White House as coronavirus strategy sputters
  Reuters
• U.S. accuses Chinese nationals of hacking spree for COVID-19 data, defense secrets
  Reuters
• Trump Fed Nominees Shelton, Waller Confirmed by Senate Committee
  WSJ
• How Angela Merkel’s Change of Heart Drove Historic EU Rescue Plan
  WSJ

Afternoon

• S&P 500, Dow rise after positive earnings, stimulus bets
  Reuters
• Gold, Silver Are Surging to Multi-Year Highs on Virus Spreading
  Yahoo/Bloomberg
• Euro hits 1-1/2 year high versus dollar after EU virus deal
  Reuters
• Oil jumps 3% on virus vaccine hopes, EU stimulus deal
  Reuters
• Coronavirus live updates: U.S. alleges two Chinese nationals stole vaccine secrets; Germany’s response praised
  CNBC
• US accuses Chinese hackers in targeting of COVID-19 research
  AP
• Low Fed rates, flight to the suburbs set to boost U.S. homebuilders
  Reuters
• Wall Street Is Throwing Billions at Once-Shunned Gold Miners
  Yahoo/Bloomberg
• Covid Antibodies Fade Rapidly, Raising Risk of Lost Immunity
  Bloomberg
• Gold, Silver Are Surging to Multi-Year Highs on Virus Spreading
  Bloomberg
• Arkansas Pension Sues Allianz Over More Than $700 Million Loss
  WSJ

General

• Wall Street climbs on upbeat earnings reports, stimulus hopes
  Reuters
• Gold jumps to nine-year peak on tepid dollar and stimulus
  Reuters
• EU recovery fund lifts shares to five-month high
  Reuters
• Senate panel now likely to back questionable Trump Fed pick
  AP
• Don’t expect new coronavirus relief bill until August, top House Republican says
  CNBC
• Coronavirus live updates: Quest reportedly warns it won’t be able to meet testing demand in the fall
  CNBC
• EU reaches deal on post-pandemic recovery after marathon summit
  Reuters
• EU nations clinch $2.1T budget, virus aid deal after 4 days
  AP
• A $1 Trillion Glut of Bonds Is Dwarfing Central-Bank Demand
  Yahoo/Bloomberg
• It’s Silver’s Turn to Shine as Prices Surge to Four-Year High
  Yahoo/Bloomberg
• A Crucial Macro Hedge-Fund Trade Is Getting Turned Upside Down
  Yahoo/Bloomberg
• Euro Is Turning Into ‘Credible’ Safe Haven After EU Rescue Deal
  Bloomberg
• U.S. Dealmaking Heads for Best Month of 2020 After Pandemic Rut
  Bloomberg
• Double-Shot Covid Vaccine Tests Raise New Pandemic Challenge
  Bloomberg
• Republicans Put Down Marker on Next Coronavirus-Aid Bill
  WSJ
• Soaring Silver Hits Multiyear High
  WSJ
• Coronavirus Threatens the Luster of Superstar Cities
  WSJ
• Is the rebound in America’s economy already over?
  FT
• Fears mount of a fresh Latin American debt crisis
  FT
• US lab giant warns of new Covid testing crunch in autumn
  FT
• The worst of Covid-19 may still be to come
  FT
• ‘Blank-cheque’ blitz: Michael Klein leads Wall St charge into Spacs
  FT

Evening

• Stock futures hold steady in overnight trading after a strong tech rally on Wall Street
  CNBC
• Asian markets set to track U.S. gains on vaccine, EU deal hopes
  Reuters
• Wall Street closes higher, Nasdaq sets record as potential vaccines show promise
  Reuters
• EU leaders in 'home stretch' to recovery deal after days of squabbling
  Reuters
• S.Korea's July 1-20 exports fall 12.8%, more than in June
  Reuters
• Wave of promising study results raise hopes for coronavirus vaccines
  Reuters
• Nasdaq Momentum Is Hottest in 20 Years With Amazon Leading Surge
  Bloomberg
• China Begins to Remove Democratic Taiwan’s Toehold in Hong Kong
  Bloomberg
• ‘Less Optimistic’ and ‘More Cautious’: Top C.E.O.s Fret as Virus Cases Rise
  NYT

Monday, July 20, 2020

Afternoon

• S&P 500 rises on optimism over COVID-19 vaccine, stimulus
  Reuters
• White House, Congress jockey in looming showdown over coronavirus aid
  Reuters
• Wrangling over virus relief persists despite high stakes
  AP
• Hopes for an EU recovery deal rise after days of summit squabbles
  Reuters
• Insults, flaring tempers mark marathon EU summit on budget
  AP
• First human trial of Oxford coronavirus vaccine shows promise
  Reuters

General

• Stocks Mixed Amid Dollar Rise; China Sees Gains: Markets Wrap
  Yahoo/Bloomberg
• Euro, euro zone bond markets hold out hope for recovery fund; stocks higher
  Reuters
• Italian bond yields fall to early March lows on EU recovery fund hopes
  Reuters
• Merkel says there is hope EU stimulus deal possible on Monday
  Reuters
• Coronavirus live updates: Trump calls Fauci ‘a little bit of an alarmist,’ UK firm claims treatment ‘breakthrough’
  CNBC
• Inside the $5 billion ‘shadow’ student debt market that helps keep for-profit colleges afloat
  MarketWatch
• China’s property market is rebounding from the coronavirus crisis, but some warn it may overheat
  CNBC
• Japan’s Export Slump Drags on Even as Markets Reopen
  Yahoo/Bloomberg
• Global Real Estate Investment Plunges 33% Amid Covid Pandemic
  Yahoo/Bloomberg
• China expands its amphibious forces in challenge to U.S.
  Reuters
• Businesses Are Supposed to Cut Debt in a Downturn. Why Not Now?
  NYT
• Winning Streak of Big Cities Fades With 2020 Crises
  WSJ
• Developing nations squeezed as virus fuels public spending
  FT
• EU leaders in push to unlock deal on coronavirus recovery fund
  FT

Sunday, July 19, 2020

Evening

• Stock futures open slightly higher as Wall Street tries to extend last week’s gains
  CNBC
• EU grapples with 'mission impossible' at deadlocked recovery summit
  Reuters
• ‘We need to close down’ — Florida reports more than 10,000 coronavirus cases for fifth day
  CNBC
• Ohio heading in the wrong direction and ‘could become Florida’ as coronavirus surges, governor warns
  CNBC
• Los Angeles Mayor Says City is "On The Brink" of a shutdown
  Yahoo
• Trump pledges COVID outbreak coming under control as Florida cases surge for fifth day
  Reuters
• 'Mr. No, No, No' - Why Dutch PM Rutte plays role of EU bogeyman
  Reuters
• Virus surge and new China tensions could spark a 20% to 30% market meltdown, long-time bull Ed Yardeni warns
  CNBC
• China’s Small Lenders Are Filling Up on Riskiest Bank Debt
  Bloomberg
• Trump’s Hot-Button Fed Pick Faces Senate Committee Vote This Week
  NYT

General

• Germany's Merkel warns of summit failure on EU recovery fund
  Reuters
• EU leaders extend summit as they haggle over budget, virus
  AP
• As virus surges in some US states, emergency rooms swamped
  AP
• WHO reports record daily increase in global coronavirus cases for second day in a row
  Reuters
• ‘Ugly face’: U.S. and China trade barbs in Myanmar as South China Sea rift deepens
  Reuters
• Bonds Wave Red Flag on U.S. Economy While Stocks Show Green
  Yahoo/Bloomberg
• Merkel and Macron Walk Out on Rutte in Dispute Over EU Stimulus
  Bloomberg
• Fiscal Cliffs Threaten Fragile U.S. Recovery: Economy Week Ahead
  Bloomberg
• EU Turns Up the Heat on Budget Hardliners in Fight for Stimulus
  Bloomberg
• U.S. Companies Lose Hope for Quick Rebound From Covid-19
  WSJ
• ‘A Powerful Force’: Tesla’s Momentum Leads Stock-Market Surge
  WSJ
• EU leaders deadlocked on recovery fund in marathon summit
  FT
• Turkey fuels regional power game over Mediterranean gas reserves
  FT
• India’s top banker warns pandemic will hit strained financial sector
  FT