Wednesday's News Links

[Reuters] Stocks grind higher on recovery hopes

[Reuters] Dollar regains ground as investors take refuge from murky outlook

[CNBC] Homebuyer mortgage demand spikes to 11-year high, as rates hit another record low

[MarketWatch] Housing starts climb 4.3% in May as buyers return and builders aim to speed up work

[CNBC] Coronavirus live updates: How national responses stack up; firm says UV light can ‘degrade’ virus

[Yahoo/Bloomberg] The Fed Is Headed in the Same Direction as the ECB

[Yahoo/Bloomberg] Yield-Curve Control Could Complicate Fed’s Exit Strategy

[CNBC] Fintech app Robinhood is driving a retail trading renaissance during the stock market’s wild ride

[Reuters] Japan's exports fall most since 2009 as U.S. demand slumps

[Reuters] Asian business sentiment plunges to record low on virus effect: Thomson Reuters/INSEAD survey

[CNBC] IMF set to slash economic forecasts and warns of a crisis ‘unlike anything the world has seen’

[Reuters] China to step up monetary easing to support the economy: cabinet

[AP] Beijing’s new outbreak raises fears for rest of the world

[Reuters] Record spike in new coronavirus cases reported in six U.S. states as reopening accelerates

[Reuters] Explainer: Why are Chinese and Indian troops fighting in a remote Himalayan valley?

[Reuters] Taiwan warns off intruding Chinese aircraft for fourth time in nine days

[FT] Beijing coronavirus outbreak piles pressure on Communist party

[FT] Virus compounds Brazil’s prolonged economic slump

Tuesday Evening Links

[Yahoo/Bloomberg] Stocks Jump Most in Week Amid U.S. Growth Optimism: Markets Wrap

[MarketWatch] 30-year bond yield sees biggest jump in a month on recovery in U.S. retail sales

[USNews] India, China Face Off in First Deadly Clash in Decades

[Times of India] India-China border tensions live updates: At least 20 Indian soldiers killed in violent face-off with China

[Reuters] Fed has lots of 'dry powder,' Kaplan tells Bloomberg Radio

[Reuters] Brazil sees record daily coronavirus cases; official says outbreak under control

[Yahoo/Bloomberg] China Inc. Leaving U.S. Market at Fastest Pace Since 2015

[Yahoo/Bloomberg] Mortgage Lenders ‘Make Hay’ With Loan Spreads Widest Since 2008

[Bloomberg] Beijing Shuts Schools; Brazil Has Record New Cases: Virus Update

[Bloomberg] Carry Trades Are Back in Focus, Especially for Indonesia’s Rupiah

[FT] Jay Powell says bond-buying launch shows Fed resolve to meet promises

Tuesday Afternoon Links

[Reuters] Wall Street jumps as May retail sales boost hopes of swift recovery

[CNBC] Texas coronavirus hospitalizations hit new high, up 66% since Memorial Day

[CNBC] Coronavirus live updates: Reopened states see new cases climb, Tenet Healthcare says spikes are manageable

[Times of India] India-China border tensions live updates: At least 20 Indian soldiers killed in violent face-off with China

[AP] Powell warns that long downturn would mean severe damage

[Reuters] Green shoots welcome but recovery still a long road, Fed's Powell says

[The Hour/Washington Post] Brazil on the brink of virus catastrophe

[Reuters] Merkel expects decisions on future EU finances in July -sources

[Reuters] U.S. bank profits plunge 70% on coronavirus loss provisioning

[Bloomberg] Powell Plays Down Significance of Move to Buy Corporate Bonds