Sunday, March 15, 2020

Sunday Evening Links

[Reuters] Stocks plunge as Fed's emergency rate cut fails to calm panic

[CNBC] Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

[Reuters] Fed slashes rates, rips open crisis tool kit to cushion coronavirus blow

[CNBC] Stock futures drop — hit ‘limit down’ — even as Fed slashes rates; Dow futures off 1,000 points

[Reuters] U.S. 10-year Treasury futures price up after Fed cuts rates to near zero

[FXStreet] WTI Crude Oil tumbles toward $31 on shock Fed cut amid the coronavirus crisis

[CNBC] Powell says the Fed doesn’t see negative rates as ‘appropriate’ policy for the United States

[Reuters] Dollar slips as Fed leads world with emergency rate cuts

[CNBC] CDC recommends canceling events with 50 or more people for the next eight weeks throughout US

[CNBC] Coronavirus live updates: Fed slashes rates, New York governor wants Trump to mobilize the military

[Reuters] Worries grow over northern hospitals as Italy's coronavirus toll grows

[CNBC] Here’s what’s worrying pros about the massive Fed move to save the markets from the coronavirus

[MoneyWeb/Bloomberg] The S&P 500 had its choppiest week since Hoover was US president

[Bloomberg] Central Banks Coordinate to Ensure Dollar Liquidity Around World

[Bloomberg] Gold Climbs After Fed Cuts Interest Rates as Virus Spreads

[Bloomberg] The Fed’s Future Is Already Here in Return to Zero Rate World

[Bloomberg] Key Source of Corporate Cash Seizing Up Amid Credit Market Rout

[WSJ] Fed Cuts Rates to Near Zero and Will Relaunch Bond-Buying Program

[FT] Fed cuts rates to zero as part of sweeping crisis measures

Sunday's News Links

[Reuters] The plumbing behind world's financial markets is creaking. Loudly

[Reuters] Haven assets losing their mojo in virus-stricken market

[Reuters] Wall St Week Ahead-Investors hope Fed can help calm markets as big rate cut expected

[Reuters] EU finance ministers to hold video call on virus on Monday

[CNBC] Coronavirus live updates: Nike closes all US stores, American Airlines suspends long-haul flights

[Reuters] ECB ready to rein in bond spreads, beef up purchases - Panetta

[Reuters] China to support trade finance, consumer credit to boost economy - banking regulator

[AP] As virus roils markets, Trump again threatens Fed chairman

[Reuters] UAE, Saudi central banks roll out $40 billion stimulus for virus-hit economies

[Bloomberg] China Set for Unprecedented Contraction in Early-Year Data

[Bloomberg] The Fed Was Having a Leisurely Rethink. Then It Got Ambushed

[WSJ] After a Long Fall in Oil Prices, a Crash

[FT] Will the Federal Reserve slash interest rates to zero?

[FT] Eurozone stability is under threat again

[FT] Spain locks down 46m people to contain coronavirus surge

[FT] Dalio caught flat-footed with big losses at Bridgewater fund

[FT] Crude price crash hits oil-linked exchange traded products