Thursday's News Links

[Reuters] World stocks drift as wary investors expect grim U.S. jobs data

[Reuters] Dollar maintains gains after weeks of rallying

[CNBC] Oil rallies 10% after Trump says he expects Saudi Arabia-Russia feud to end soon

[MarketWatch] Gold extends rise after another surge in jobless claims

[CNBC] 10-year Treasury yield falls below 0.6% after unemployment claims surge for a second week

[CNBC] US weekly jobless claims total 6.6 million, vs 3.1 million expected

[CNBC] Coronavirus live updates: US unemployment claims skyrocket, Boeing offers workforce buyouts

[Reuters] Stuck at home and jobless, Americans confront growing costs of coronavirus

[CNBC] Whiting Petroleum is just the ‘first domino’ to fall in US shale wipeout, strategist says

[AP] Apply here: How to spend $2.2 trillion — and rescue economy

[Reuters] Ford first-quarter U.S. auto sales tumble 12.5% on coronavirus hit

[Reuters] Exclusive: U.S. officials agree on new ways to control high tech exports to China - sources

[Bloomberg] Yuan Weakens Past Key Support Level as Depreciation Quickens

[Bloomberg] China-Focused Hedge Funds Risk a Wave of Redemptions

[Bloomberg] Worst Yet to Come For Junk Debt as Defaults Loom, Goldman Says

[NYT] Coronavirus Is Making the Public Pension Crisis Even Worse

[NYT] Empty Hotels. Idled Tour Buses. The Pandemic Is Devastating Tourism.

[WSJ] Fed Temporarily Eases Capital Requirements for Big Banks

[WSJ] How the Muni Market Became the Epicenter of the Liquidity Crisis

[FT] Investors brace for credit crisis in emerging markets

[FT] China’s economy has yet to reach bottom

[FT] China, coronavirus and surveillance: the messy reality of personal data

Wednesday Evening Links

[Reuters] Wall Street's major stock indexes plunge as coronavirus anxiety grows

[Reuters] U.S. dollar gains as global recession looms

[Reuters] Treasuries - Longer-term yields fall on growing worries over pandemic's impact

[Reuters] US leveraged loans frozen as market grapples with new normal

[CNBC] Coronavirus live updates: US cases top 200,000, politicians call for 4th crisis relief package

[CNBC] Florida, Pennsylvania issue statewide stay-at-home orders amid coronavirus outbreak

[Reuters] Trump invites Big Oil to discuss help for ailing industry

[Reuters] U.S. shale company Whiting becomes first major bankruptcy of oil-price crash

[Reuters] Oil market shock to spill over into global supply chains: IEA

[Reuters] COVID-19 infections growing exponentially, deaths nearing 50,000: WHO

[Reuters] 'Thank you China!!!' Mexico grateful for coronavirus medical supplies

[Bloomberg] Many New York Coronavirus Patients Are Young, Surprising Doctors

[Bloomberg] ETFs Liquidate at Quickest Pace Since 2017 Amid Market Turmoil

[NYT] Start-Ups Are Pummeled in the ‘Great Unwinding’

[WSJ] The Fed Is Settling Into Its Role as the World’s Central Bank

[WSJ] Hospitals, Doctors Feel Financial Squeeze as Coronavirus Sweeps U.S.

Wednesday Afternoon Links

[Reuters] Wall Street sinks as coronavirus anxiety grows

[ForexLive] US intelligence says China under-reported virus cases and deaths - report

[CNBC] Coronavirus live updates: Over 1,000 NYC police contract COVID-19, TSA screenings at 10-year low

[MSN/Bloomberg] Das: If the Virus Hadn’t Caused the Crash, Something Else Would Have

[MarketWatch] Trillions in coronavirus spending could explode deficits to World War II levels

[CNBC] These states could be hit with the biggest jobs losses from the coronavirus pandemic

[Reuters] What's in the $2.3 trillion U.S. coronavirus rescue package

[Bloomberg] Over $100 Billion of Treasuries Dumped by Foreign Central Banks

[Bloomberg] China Concealed Extent of Virus Outbreak, U.S. Intelligence Says

[Bloomberg] Oil’s Apocalyptic April Could Reverberate for Years to Come

[Bloomberg] CLO Pain Is Just Starting With Leveraged Loan Rating Cuts