Daily News Links

8605 posts

Saturday, June 13, 2020

General

• U.S.'s Pompeo to meet China's top diplomat in Hawaii seeking to ease tensions: media
  Reuters
• Fed Warns of Significant Financial-Sector Vulnerabilities
  Yahoo/Bloomberg
• Robinhood Market Made Bursting Bubbles Wall Street’s Obsession
  Yahoo/Bloomberg
• Renaissance Technologies Posts 21% Drop at Market-Neutral Fund
  Yahoo/Bloomberg
• These San Francisco doctors flew to New York to fight the coronavirus — and they have a warning for us
  CNBC
• Coronavirus live updates: Small town businesses face uncertain restarts; doctors issue a warning
  CNBC
• Brazil's COVID-19 deaths surge past UK, WHO says hospital system coping
  Reuters
• Beijing district in 'wartime emergency' after virus cluster at major food market
  Reuters
• Hong Kong Defends Dollar Peg for 6th Day, Longest Run Since 2014
  Bloomberg
• Playing the Market Has a Whole New Meaning
  WSJ
• ‘Volatility Is Everywhere’: The Market Tactic That’s Driving Stocks Haywire
  WSJ
• Investors reset for Fed’s single-minded pursuit of policy goals
  FT

Friday, June 12, 2020

Evening

• Wall Street ends higher but indexes mark worst week in more than two months
  Reuters
• 'Persistent fragilities' ahead for households and businesses -Fed report
  Reuters
• Fed says ‘full range of tools’ in play to counter pandemic
  AP
• CDC warns U.S. may reimplement strict coronavirus measures if cases go up ‘dramatically’
  CNBC
• Brazil deficit to reach $140 billion this year -survey
  Reuters
• Hedge Funds May See $100 Billion Redeemed in 2020, Barclays Says
  Bloomberg

General

• U.S. Stocks Bounce Back; Treasuries Decline: Markets Wrap
  Yahoo/Bloomberg
• World shares stem losses, oil gains as fresh lockdown fears fade
  Reuters
• Oil Set for First Weekly Drop Since April on Second-Wave Fears
  Yahoo/Bloomberg
• U.S. manufacturers struggle to keep workers in face of weak demand
  Reuters
• Risk of new lockdowns rises with fear of second COVID-19 wave
  Reuters
• Coronavirus live updates: British Airways to auction off art; Oregon pauses reopening due to rising cases
  CNBC
• What the Fed's coronavirus policy means for mushrooming 'zombie' corporate debt
  Yahoo Finance
• Chesapeake’s Demise Marks End of Shale Model That Changed the World
  Yahoo/Bloomberg
• Emerging-Market Debt Crisis Brews as State Firms Need Rescue
  Yahoo/Bloomberg
• Lebanon Protests Reignite as Pound Plunges on Black Market
  Yahoo/Bloomberg
• Spanish Real Estate Is Heading for Its Second Crash in a Decade
  Bloomberg
• China’s Trillion-Dollar Campaign Fuels a Tech Race With the U.S.
  WSJ
• The global gold market is breaking up
  FT
• Investors enjoy equity-like returns from a roaring bond market
  FT

Thursday, June 11, 2020

Evening

• Dow futures rise 100 points as Wall Street tries to recover from its worst day since March
  CNBC
• Asia Stocks Set to Drop After Rout on Wall Street: Markets Wrap
  Yahoo/Bloomberg
• Stocks Tumble Most in 12 Weeks on Economy, Virus: Markets Wrap
  Yahoo/Bloomberg
• Wall Street's 'fear gauge' jumps on fears of coronavirus resurgence
  CNBC
• Quant Factors Swing Most in a Decade in Wild Wall Street Trading
  Yahoo/Bloomberg
• Coronavirus live updates: Houston may have to implement restrictions again
  CNBC
• Credit Funds Reaped Near-Record $15 Billion, Then Came the Rout
  Yahoo/Bloomberg
• North Korea says little reason to maintain Kim-Trump ties: KCNA
  CNBC
• Covid-19 Hospitalizations Surge in Some States
  WSJ

Afternoon

• Wall Street plunges to close with biggest one-day loss since mid-March
  Reuters
• Oil drops more than 8% as fears over second wave of coronavirus cases hit the market
  CNBC
• Treasuries -Yields fall as yield curve control remains in question
  Reuters
• Emerging Markets - Mexico's peso leads Latam FX lower while stocks sink
  Reuters
• Treasury Secretary Mnuchin says ‘we can’t shut down the economy again’
  CNBC
• Total U.S. debt surges to $55.9 trillion amid big increases in corporate and government borrowing
  CNBC
• U.S. household wealth fell 5.6% in first quarter 2020 as coronavirus hit
  Reuters
• Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave
  CNBC
• White House's Kudlow praises Fed, discusses possible stimulus as stock markets sink
  Reuters
• U.S. looking at various responses to China's law on Hong Kong: Mnuchin
  Reuters
• U.S. Business Debt Soars by Record on Bond Issuance, Loans
  Bloomberg
• Hedge Fund Positioning Data Shows How Market Ran Away From Them
  Bloomberg

General

• Dow plunges more than 900 points on worries of second coronavirus wave, airlines and retailers fall
  CNBC
• Stocks spooked, bonds rally on downbeat Fed
  Reuters
• Oil prices hit by record U.S. crude inventories, bearish Fed
  Reuters
• 1.5 million more laid-off workers seek unemployment benefits
  AP
• International trade set to shrink 27% in second quarter after April 'nosedive', says UNCTAD
  Reuters
• Coronavirus spreads among fruit and vegetable packers, worrying U.S. officials
  Reuters
• China auto sales up 14.5% in May, recovering after pandemic
  AP
• Australian PM on China tensions: country won't trade values in response to 'coercion'
  Reuters
• EU to file antitrust complaint against Amazon over treatment of third party sellers: WSJ
  Reuters
• Credit Crisis in India Fuels Woes at Weaker Corporate Borrowers
  Yahoo/Bloomberg
• Blame the Fed for the Disconnect in Markets
  Yahoo/Bloomberg
• China condemns 'provocative' U.S. military flight over Taiwan
  Reuters
• Second U.S. Virus Wave Emerges as Cases Top 2 Million
  Bloomberg
• Brawls Erupt in U.S. Debt Markets After Borrowers Get Desperate
  Bloomberg
• A Scramble for Gold Is Redrawing the Map of the Market
  WSJ
• Investors Get Ready for the Fed to Cap Rates
  WSJ
• A Rising China’s Underclass Is Suddenly Thrust Into the Light
  WSJ
• Central banks’ appetite for dollars limited as conditions ease
  FT
• Why the US risks a new epidemic of violence
  FT

Evening

• Asia Stocks, U.S. Futures Drop After Sobering Fed: Markets Wrap
  Yahoo/Bloomberg
• Asia stocks set to fall on Fed's dour outlook
  Reuters
• Bond yield caps remain in market sight after Powell comments
  Reuters
• Dovish Powell Sees Fed Keeping Foot on Gas Until Jobs Come Back
  Yahoo/Bloomberg
• Fed's Powell puts spotlight on unequal U.S. economy, citing 'pain of racial injustice'
  Reuters
• Brazil's COVID-19 death toll nears 40,000
  Reuters
• Lack of Liquidity in India Market Fuels Woes at Weaker Borrowers
  Bloomberg
• The Fed’s Work Is Far From Done
  WSJ
• China faces outcry after premier admits 40% of population struggles
  FT

Wednesday, June 10, 2020

Afternoon

• Fed sees interest rates staying near zero through 2022, GDP bouncing to 5% next year
  CNBC
• Here’s what changed in the new Fed statement
  CNBC
• Dow and S&P 500 post back-to-back losses, but Nasdaq closes above 10,000 for the first time
  CNBC
• Possible Fed move to cap yield rise could further weaken U.S. dollar
  Reuters
• US consumer spending sinks by record 13.6% in face of virus
  AP
• A casino or stock market? Retail buying frenzy goes wild
  Reuters
• Market gone wild: Penny stocks are up nearly 80% on average in the last week
  CNBC
• U.S. May Budget Deficit $399 Billion, Almost Double Year Earlier
  Bloomberg
• World Economy Crash Sparks Warning on Early Lifeline Withdrawal
  Bloomberg
• Soaring Debt, Record Losses: The Airline Crisis in Four Charts
  Bloomberg

General

• Dow slides ahead of Fed update, tech stock gains limit losses
  CNBC
• Dollar hits three-month lows amid Fed easing speculation
  Reuters
• U.S. consumer prices fall for third straight month
  Reuters
• Mortgage demand from homebuyers amazes again, now up 13% annually despite rising rates
  CNBC
• With crisis response in place, Fed looks to long term
  Reuters
• Economic impact of the coronavirus crisis is ‘dire everywhere,’ OECD says
  CNBC
• Coronavirus live updates: Indonesia reports record spike; no-deal Brexit could damage UK recovery
  CNBC
• Another Miserable June for the Dollar, No Fed Help in Sight
  Yahoo/Bloomberg
• Bond Market Debates How to Tame an Unpredictable Yield Curve
  Yahoo/Bloomberg
• China's new bank loans fall in May, but broader credit growth quickens
  Reuters
• China factory gate deflation deepens on global demand slump
  Reuters
• Mexican economy likely shrank 17% in April, says finance minister
  Reuters
• Chinese companies put U.S. listing plans on ice as tensions mount
  Reuters
• China’s Factory Deflation Deepened in May Amid Slow Recovery
  Bloomberg
• Delhi Overwhelmed by Covid-19 Cases After City Eases Lockdown
  Bloomberg
• Fed Debates How to Set Policy for the Post-Pandemic Economy
  WSJ
• China’s Companies Find Ways to Avoid Bond Blowups
  WSJ
• Six things to watch at the Federal Reserve meeting
  FT
• OECD warns of deepest economic scars in peacetime for a century
  FT
• Credit crisis is at the heart of India’s weakness
  FT

Evening

• S&P 500, Dow ease as focus shifts to Fed; tech pushes Nasdaq to closing record
  Reuters
• Gold Gains as Equity Rally Stalls, World Bank Flags Contraction
  Yahoo/Bloomberg
• What to look for in the Fed's U.S. economic outlook
  Reuters
• Investors brace for market swings as Trump slips in election polls
  Reuters
• Gundlach Warns Rising Rates May Lead Fed to Yield-Curve Control
  Yahoo/Bloomberg
• Bond Market Debates How to Tame an Unpredictable Yield Curve
  Yahoo/Bloomberg
• IMF Warns Poorest Nations Will Default Without Debt Relief
  Yahoo/Bloomberg
• Pompeo chides HSBC for 'corporate kowtow' to Beijing
  Reuters
• Texas reports two consecutive days of record coronavirus hospitalizations weeks after reopening
  CNBC
• Individuals Roll the Dice on Stocks as Veterans Fret
  WSJ
• Trump’s embrace of Modi stokes India-China stand-off in Himalayas
  FT

Tuesday, June 9, 2020

General

• Stocks fall as recovery rally pauses ahead of Fed meeting
  Reuters
• Europe turns red as bulls run out of charge
  Reuters
• Gold Advances Before Fed Meeting as Global Risk Rally Stalls
  Yahoo/Bloomberg
• Oil down on stronger dollar, oversupply concerns
  Reuters
• Fed acts to broaden appeal of ‘Main Street’ lending program
  AP
• Fed Needs Better Answers on Runaway Markets and Inequality
  Yahoo/Bloomberg
• Speculative Fervor in U.S. Stocks Surges to ‘Stunning’ Levels
  Yahoo/Bloomberg
• Signs Stock Rally is Doomed to End After $21 Trillion Rebound
  Yahoo/Bloomberg
• IPO market gears up for another busy week with 8 deals expected to raise $2 billion
  MarketWatch
• China's troubled Baoshang rescue exposes fault lines in bank reform drive
  Reuters
• The U.S.-China ‘cold war’ is here — and Beijing may start targeting Washington’s allies, analysts say
  CNBC
• German exports plunge as coronavirus wrecks demand in April
  Reuters
• S&P cuts Japan's debt outlook as spending surges during pandemic
  Reuters
• Texas reports a record number of hospitalized coronavirus patients after state reopened early
  CNBC
• North Korea says it will cut communication channels with South Korea
  AP
• As Many as 25,000 U.S. Stores May Close in 2020, Mostly in Malls
  Bloomberg
• Can the U.S. End China’s Control of the Global Supply Chain?
  Bloomberg
• Outbreaks at 60 U.S. Food Plants Raise Specter of More Shortages
  Bloomberg
• Fed faces tricky balancing act in recession response
  FT
• Collapsing rates leave investors dangerously exposed to equity risk
  FT

Monday, June 8, 2020

Evening

• S&P 500 Wipes Out 2020 Loss With a Historic Rally: Markets Wrap
  Yahoo/Bloomberg
• Nasdaq hits new record on swift economic recovery hopes
  Reuters
• Gold rises as investors bet on dovish signals from Fed
  Reuters
• Oil falls 3% despite OPEC+ cuts as Gulf ends voluntary curbs
  Reuters
• It's official: U.S. economy entered recession in February
  Reuters
• Pandemic drives broadest economic collapse in 150 years: World Bank
  AFP
• Roach: A Crash in the Dollar Is Coming
  Yahoo/Bloomberg
• Coronavirus live updates: Texas hospitalizations jump; California releases guidance regarding reopening schools
  CNBC
• Shale Pioneer Chesapeake Plans Bankruptcy With Options Dwindling
  Yahoo/Bloomberg
• ECB's Lagarde defends bond buys against northern challenge
  Reuters
• Emerging market credit default swaps hit record $521 bln in 1st qtr - report
  Reuters
• Brazil 'driving in the dark' on COVID-19 as contradictory data deepens confusion
  Reuters
• Federal Budget Deficit Nears $2 Trillion For Fiscal Year
  WSJ
• Fed’s corporate bond facility faces teething problems
  FT
• Rising markets and inequality grow from the same root
  FT
• Emerging economies forecast to shrink for first time in 60 years
  FT
• Chinese investment in Australia falls 58%
  FT

General

• Futures rise on optimism over economic revival
  Reuters
• World shares advance on surprise U.S. job recovery, oil steadies
  Reuters
• Oil Erases Gains With Saudis Saying Extra Cuts for a Month Only
  Yahoo/Bloomberg
• Coronavirus live updates: Global cases top 7 million; South Korea grapples with an uptick in infections
  CNBC
• Japan bank lending surges at record pace in May as pandemic-hit firms hoard cash
  Reuters
• China Monthly Car Sales Rise for First Time in Almost a Year
  Yahoo/Bloomberg
• The Sinking Dollar Won’t Help Emerging Currencies, Barclays Says
  Yahoo/Bloomberg
• China’s Yuan Weakness Shows in Record 16-Day Slide Versus Peers
  Yahoo/Bloomberg
• German industry records historic 18% tumble in output
  Yahoo/FT
• Italy's debt unsustainable, will face eventual restructuring: Schroders
  Reuters
• Stumbling angel? Mexico risks losing investment grade credit rating
  Reuters
• Stanley Druckenmiller says he’s been ‘humbled’ by market comeback, underestimated the Fed
  CNBC
• China Says Debt Payments Paused for 77 Nations After G-20 Deal
  Bloomberg
• India Has Biggest 1-Day Jump in Cases, Again
  Bloomberg
• California and Some Other States See Coronavirus Cases Rise
  WSJ
• Some Economists Question Strength of China’s Labor Market
  WSJ
• A new global crisis is looming in east Asia
  FT

Sunday, June 7, 2020

Evening

• Wall Street set to build on last week’s rally as Dow futures jump 200 points
  CNBC
• Asian Stocks Open Higher; Dollar Extends Slide: Markets Wrap
  Yahoo/Bloomberg
• Oil Advances Above $43 After OPEC+ Extends Production Cuts
  Yahoo/Bloomberg
• Left out: More workers now losing hope of getting back jobs
  AP
• FOMC decision: What to know in the week ahead
  Yahoo
• Slide of China’s Yuan Versus Peers Signals Risks Ahead
  Yahoo/Bloomberg
• Australian Dollar’s 27% Rally Is Squeezing Bearish Hedge Funds
  Yahoo/Bloomberg
• China’s Looming Budget Hole Poses Risk to Stimulus Efforts
  Bloomberg
• China’s exports drop off as global slowdown hits economy
  FT

General

• Powell Takes Center Stage at a Bleak Moment for the U.S.: Eco Week Ahead
  Yahoo/Bloomberg
• Black Lives Matter protests for U.S. racial justice reach new dimension
  Reuters
• China May exports slip back into contraction, imports worst in four years
  Reuters
• China's forex reserves unexpectedly rise in May, regulator sees stability
  Reuters
• Wall Street Doubts Fed’s $600 Billion Lending Plan Can Succeed
  Yahoo/Bloomberg
• Global Times Hu Slams U.S. Over Wars, Pompeo Nazi Remarks
  Bloomberg
• The Bond Market’s Bears Are on a Tear. Now the Fed Has Its Say
  Bloomberg
• How U.S. Decision Could Hurt Hong Kong as Trading Hub
  WSJ
• What next for the Fed as signs of recovery emerge?
  FT
• Doubts remain over true scale of US jobless crisis
  FT