Wednesday's News Links

[Reuters] Wall Street slumps on virus worries, grim economic forecast

[Reuters] Gold shines as coronavirus surge unnerves investors

[Reuters] Oil prices slides as U.S. crude stockpile growth heightens oversupply fears

[Yahoo/Bloomberg] Gold Poised to Challenge $1,800 as Virus Resurgence Fans Demand

[CNBC] IMF slashes its forecasts for the global economy and warns of soaring debt levels

[Reuters] Mnuchin says U.S.-China decoupling will occur if firms cannot compete fairly

[CNBC] Weekly homebuyer mortgage demand ticks down but is still a remarkable 18% higher than a year ago

[CNBC] Coronavirus live updates: India reports record spike in cases, U.S. citizens could remain barred from EU

[AP] Virus pummels commercial real estate, could end long boom

[Reuters] With contracts canceled and debts mounting, offshore oil drillers face another shakeout

[Reuters] Washington state makes face masks mandatory as some states see new coronavirus surge

[SCMP] China's banking system begins to crack at its grass roots as two bank runs take place within a week

[Reuters] BOJ signals pause after months of pandemic-fighting stimulus steps: June summary

[Reuters] Office cluster pushes Tokyo coronavirus cases to one-and-half-month high, governor says

[Bloomberg] U.S. Targets $3.1 Billion of EU and U.K. Imports for New Tariffs

[Bloomberg] China’s Growing Dollar Bond Defaults Reveal Depth of Stress

[WSJ] How Coronavirus Upended a Trillion-Dollar Corporate Borrowing Binge and Kicked Off a Wave of Bankruptcies

[WSJ] ‘Massive’ Forgery Helped Hide $3 Billion Hole in Energy Trader’s Books

[FT] Record number of US companies seek relief on loan terms