Wednesday, June 10, 2020

Thursday's News Links

[CNBC] Dow plunges more than 900 points on worries of second coronavirus wave, airlines and retailers fall

[Reuters] Stocks spooked, bonds rally on downbeat Fed

[Reuters] Oil prices hit by record U.S. crude inventories, bearish Fed

[AP] 1.5 million more laid-off workers seek unemployment benefits

[Reuters] 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

[AP] China auto sales up 14.5% in May, recovering after pandemic

[Reuters] 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

[Yahoo/Bloomberg] Credit Crisis in India Fuels Woes at Weaker Corporate Borrowers

[Yahoo/Bloomberg] Blame the Fed for the Disconnect in Markets

[Reuters] China condemns 'provocative' U.S. military flight over Taiwan

[Bloomberg] Second U.S. Virus Wave Emerges as Cases Top 2 Million

[Bloomberg] Brawls Erupt in U.S. Debt Markets After Borrowers Get Desperate

[WSJ] 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

[FT] Central banks’ appetite for dollars limited as conditions ease

[FT] Why the US risks a new epidemic of violence