Wednesday, May 27, 2020

Wednesday Evening Links

[Reuters] Wall Street rises with economic hopes; bank stocks jump

[CNBC] Coronavirus live updates: California says guidelines for reopening gyms coming soon, Bezos defends safety record

[Reuters] Wall Street frets as 'unloved' stock rally powers on

[Reuters] Trump to sign executive order on social media on Thursday: White House

Wednesday Afternoon Links

[Reuters] S&P 500 rises on boost from bank shares

[CNBC] Pompeo declares that Hong Kong is no longer autonomous from China, threatening trade with U.S.

[Reuters] U.S. considering suspension of Hong Kong's special tariff rates: sources

[CNBC] Coronavirus live updates: Fauci warns of ‘leapfrogging’ reopening guidelines, Gottlieb says vaccine is a ’2021 event’

[Yahoo/Bloomberg] U.S. Congressional Report Warns Investors, Banks of China Risks

[Bloomberg] Williams Says Fed Thinking ‘Hard’ About Yield-Curve Control

[WSJ] European Union Plans $2 Trillion Coronavirus Response Effort

[FT] Von der Leyen lays out EU rescue plan

Wednesday's News Links

[Reuters] Wall Street higher on recovery optimism

[Yahoo/Bloomberg] China’s Sliding Yuan Leaves Offshore Rate on Brink of Record Low

[Reuters] Dollar gains and yuan hits nine-month low as U.S.-China tensions return

[MarketWatch] Treasury yields rise on optimism about economic recovery, EU and Japan fiscal stimulus

[CNBC] EU unveils plan to borrow 750 billion euros to aid economic recovery

[Reuters] Coronavirus pushes global credit rating downgrade threat to record high

[CNBC] Coronavirus live updates: Brazil outbreak threatens Bolsonaro; vaccine a ’2021 event,′ former FDA chief says

[Reuters] U.S. mortgage applications rise for sixth straight week

[AP] Trump threatens social media after Twitter fact-checks him

[Reuters] Trump says U.S. to take action on China over Hong Kong this week

[Reuters] China expands scope of Hong Kong security legislation: media reports

[Yahoo/Bloomberg] The Fed Boldly Saves Markets. Now It’s Worrying About Main Street Business

[Reuters] Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

[Yahoo/Bloomberg] Japan’s Bond Issuance to Exceed 200 Trillion Yen This Year

[Yahoo/Bloomberg] Euro-Area Economy Closer to ECB’s Worst-Case Estimates, Lagarde Says

[Bloomberg] EU Aims to Back Struggling South With Fiscal Shock and Awe

[Bloomberg] Yuan Drop Steepens Amid Speculation China Allowing Depreciation

[WSJ] Fannie and Freddie’s Capital Dilemma

[WSJ] Two Chinese Tech Firms Prepare Hong Kong Listings as U.S. Pressure Rises

[WSJ] Japanese Farmers’ Foray Into Risky U.S. Debt Leaves $3.7 Billion Hole

[FT] What is China’s proposed national security law for Hong Kong?