Wednesday, May 6, 2020

Wednesday Evening Links

[Reuters] Asia stocks set to track soft Wall Street lead amid pandemic worries

[AP] Wall Street dips to week’s first loss despite tech’s efforts

[CNBC] Coronavirus live updates: Brazil posts record daily new cases, American Airlines requires staff to wear masks

[Yahoo] SHRM Survey: COVID-19 Could Shutter Most Small Businesses

[Reuters] Fed lending program not for insolvent oil drillers, Kaplan says

[Reuters] Pompeo blames China for hundreds of thousands of virus deaths, denies inconsistency

[WSJ] Deficit Fears Put Senate Republicans and Trump on Coronavirus Collision Course

[FT] ECB to resist German court order to justify bond purchases

[FT] US Treasury plumps for longer-term debt to fund $3tn stimulus

[FT] Turkish lira nears record low after efforts to curb selling

Wednesday Afternoon Links

[Reuters] S&P 500, Dow drop as Trump casts doubt on China trade deal

[CNBC] Coronavirus live updates: Pandemic threatens US dairy farms, record private payrolls lost in April

[AP] EU forecasts ‘recession of historic proportions’ this year

[CNBC] Airlines want relief from flying near-empty planes as passenger numbers hit lowest since the 1950s amid virus

[Reuters] Special Report: U.S. rearms to nullify China's missile supremacy

[Bloomberg] U.S. Debt Sales to Hit Record With Deficit Headed to $4 Trillion

[Bloomberg] Euro Area Under Threat From Uneven Virus Shock, EU Warns

[Bloomberg] IMF Says World Needs $20 Trillion Public Investment Post Virus

[WSJ] Coronavirus Casts Deep Chill Over U.S.-China Relations

[WSJ] Investors Shun European Junk Bonds While Risky U.S. Debt Rebounds

Wednesday's News Links

[CNBC] Stocks rise as investors bet on the economy reopening

[Reuters] Treasuries - Long-dated yields jump as Treasury increases auction sizes

[Reuters] Euro falls amid worries about ECB bond-buying 

[Reuters] Lira falls as Turkey seen short of options on reserves

[CNBC] US private payrolls drop by 20.2 million in April, the worst job loss in the history of ADP report

[Reuters] U.S. Treasury launches 20-year bond; increases offering sizes amid record borrowing