Tuesday, May 26, 2020

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stock Rally Tempered by China Tensions; Oil Rises: Markets Wrap

[Reuters] Dollar weakens as investors' risk appetite ramps up

[Reuters] Treasuries - Yields rise on improving risk appetite

[The Hill] Trump 'displeased' with China's proposal to crack down on Hong Kong, White House says

[Reuters] Trump adviser warns China, says U.S. would pay firms to shift from Hong Kong

[AP] US new-home sales post slight gain in April

[CNBC] Coronavirus live updates: Virus piles onto millennial economic woes; Brazil death toll could surge this summer

[CNBC] Congress will ‘probably’ have to pass another coronavirus stimulus bill, Mitch McConnell says

[Reuters] Coronavirus may sow seeds of next financial crisis: ECB

[Yahoo/Bloomberg] Debt-Ridden Argentina Can’t Stop Precious Dollars Draining Away

[Yahoo/LA Times] Column: Moderna execs sold $29 million in stock after its early vaccine announcement

[Fox] Chinese state-run media call US threats over Hong Kong 'nothingburger'

[Bloomberg] U.S. Weighs Sanctions on Chinese Officials, Firms Over Hong Kong

[FT] Top-rated companies raise $1tn in 5 months to fill ‘war chests’

Tuesday's News Links

[Reuters] Stocks surge more than 2%, pushing the S&P 500 back above 3,000 for the first time since early March

[Reuters] Europe's travel sector soars, S&P 500 to break 3000 barrier

[Reuters] Oil prices climb as faith in supply cuts grows

[CNBC] Home prices gained strength as coronavirus shut down economy in March, S&P Case-Shiller says

[CNBC] Coronavirus live updates: Gottlieb sees U.S. hospitalizations ticking up; Merck joins the vaccine race

[Yahoo/Bloomberg] The Bond Market Thinks It Knows What’s Coming Next From the Fed

[Reuters] Exclusive: ECB prepares for the worst: life without the Bundesbank - sources

[Reuters] BOJ's Kuroda says ready to do more for economy after emergency lifts

[Reuters] China to strengthen policy, lower lending rates: PBOC Governor

[Yahoo/Bloomberg] Foreigners Flee India’s Bonds Just When It Needs Them Most

[Reuters] Special Report: Bolsonaro brought in his generals to fight coronavirus. Brazil is losing the battle

[Yahoo/Bloomberg] Speculators Target Hong Kong’s Currency on Outflow Concern

[Yahoo/Bloomberg] China Will Maintain Stimulus Even as Economy Improves

[Reuters] China's Xi urges preparedness for military combat amid coronavirus epidemic: state TV

[WSJ] U.S. Moves to Audit Chinese Firms. Market Frets Over What Comes Next.

[WSJ] Mortgage Credit Tightens, Creating Drag on Any Economic Recovery

[WSJ] As Its Economy Slows, China Embraces a Weaker Currency

[WSJ] Hong Kong in Shock as China’s Xi Jinping Goes for ‘Nuclear Option’

[FT] Can New York avoid a coronavirus exodus?

[FT] Market ‘distress’ over virus sparked emergency Wall St measures