Tuesday, April 7, 2020

Tuesday Evening Links

[Reuters] Asian shares poised to follow Wall Street's rocky lead

[AP] A stock rally fizzles out on Wall Street; oil prices plunge

[Reuters] Wall Street volatility raises fears of another selloff

[CNBC] Coronavirus live updates: US cases top 387,000, Amazon testing disinfectant fog at New York warehouse after protests

[Reuters] Mainland China reports 62 new confirmed cases of coronavirus

[Bloomberg] China Braces for Wave of Soured Loans With New Bad-Debt Manager

[Bloomberg] China’s Faltering Dollar Bonds Show Limits of State Intervention

Tuesday Afternoon Links

[CNBC] Stocks close lower after roller-coaster session, Dow gives up 900-point surge

[Reuters] Oil drops on growing crude glut, doubts over output cuts

[Reuters] UK PM Johnson is stable, still in intensive care: Downing Street

[Reuters] U.S. treasury secretary to seek additional $250 billion for small business

[Reuters] U.S. Treasury panel wants mortgage servicer liquidity support as missed payments rise: sources

[CNBC] Coronavirus live updates: France becomes fourth country to pass 10,000 deaths

[Reuters] ECB's Makhlouf says 'helicopter money' not the answer to coronavirus crisis

[Reuters] Exclusive: Eyeing defaults, U.S. direct lender Colchis Capital to shut funds

[Bloomberg] Illinois Faces Rising Risk of Cut to Junk Over Pandemic Hit

[Bloomberg] Oil Companies Warn Kansas City Fed of Widespread Insolvencies

[Bloomberg] ECB Eases Collateral Rules, Accepts Junk-Rated Greek Debt

[WSJ] Sizing Up the Fed’s Historic Coronavirus Crisis Intervention

Tuesday's News Link

[Reuters] Futures surge on early signs of coronavirus slowdown in hot spots

[Reuters] Coronavirus hopes propel stocks, euro higher

[Reuters] Oil gains as hopes rise for production cut amid coronavirus outbreak

[CNBC] Coronavirus live updates: USNS Comfort crewmember tests positive, Spain sees an uptick in deaths

[CNBC] UK Prime Minister Boris Johnson is ‘stable’ and in ‘good spirits’ in intensive care for coronavirus

[Reuters] China's March forex reserves fall more than expected to 17-month low

[CNBC] Mortgage forbearance requests jump nearly 2,000% as borrowers seek relief during coronavirus outbreak

[AP] Japan declares state of emergency, ramping up virus battle

[AP] After virus fades, service industries may be changed forever

[Yahoo/Bloomberg] Emerging Markets Are Peering Over the Precipice

[MarketWatch] Housing market shows first signs of trouble from pandemic

[Reuters] In a first, China knocks U.S. from top spot in global patent race

[Bloomberg] Yields Just Keep Climbing in India Even With All That RBI Does

[WSJ] Investors Saw Office Buildings as Safe. Not During This Pandemic.

[FT] US small business rescue runs into operational difficulties

[FT] Downgrades flood junk bond market with ‘fallen angels’

[FT] Stock buybacks expected to halve as companies bolster defences