Wednesday's News Links

[Reuters] Global shares waver on coronavirus fears

[Yahoo/Bloomberg] U.S. Stocks Drift, European Stocks Trim Decline: Markets Wrap

[MarketWatch] Gold prices extend climb above 9-year high as traders see few limits to central-bank stimulus

[Yahoo/Bloomberg] Trump Aides Weigh Proposals to Undermine Hong Kong’s Dollar Peg

[Yahoo/Bloomberg] Traders Skeptical That Trump Will Break Hong Kong’s Dollar Peg

[CNBC] Coronavirus live updates: U.S. reports more than 60,000 new cases; Africa tops 500,000 total cases

[CNBC] Homebuyer mortgage demand spikes 33% as rates set another record low

[CNBC] Real estate CEO expects 'exodus' of central business districts to last the next two years

[Yahoo/Bloomberg] Bond-Market Tourists Threaten to Bolt With $200 Billion at Risk

[Yahoo/Bloomberg] The Hottest Hedge-Fund Strategy Is Facing an Existential Crisis

[CNBC] Storied apparel brand Brooks Brothers files for bankruptcy as it seeks a buyer and closes dozens of stores

[Reuters] China's jobs problem runs deeper than the coronavirus

[Reuters] Chinese factories to face headwinds in next phase of post-lockdown recovery

[Yahoo/Bloomberg] China Industrial Firms Face Refinancing Risks as Debt Wall Looms

[Reuters] Coronavirus spurs Japan bank lending at record pace in June

[Bloomberg] The U.S.-China Rivalry Is Broadening From Trade to Everything

[Bloomberg] U.S. Peg Threat Throws Another Test at Hong Kong’s Hardy Markets

[WSJ] Recession Forces Spending Cuts on States, Cities Hit by Coronavirus

[WSJ] The Other Chinese Property Debt to Worry About

[WSJ] Sprawling Countries Find Coronavirus Hard to Contain

[FT] Stocks struggle as US virus outbreaks threaten recovery

[FT] China’s stock market surge is fuelled by liquidity not fundamentals

Tuesday Evening Links

[CNBC] Stock futures flat following sell-off on Wall Street

[Reuters] Wall Street drops after strong rally as COVID-19 cases mount

[MarketWatch] Gold futures settle at nearly 9-year high

[Yahoo/Bloomberg] Asia Stocks Set for Mixed Open After U.S. Declines: Markets Wrap

[CNBC] Texas says new coronavirus cases jumped by more than 10,000 for the first time

[CNBC] Coronavirus live updates: San Francisco delays reopening of indoor dining as U.S. nears 3 million cases

[Reuters] Fed policymakers worry growth plateauing, pledge more support

[Yahoo/Bloomberg] Vanguard Trounces BlackRock for ETF Flows in Volatile Half

[AP] AP Explains: Bolsonaro has downplayed virus fears for months

[Yahoo/Bloomberg] Mexico’s Debt-Laden Oil Giant Is Asking Contractors for IOUs

[Bloomberg] Trump Aides Weigh Proposals to Undermine Hong Kong’s Dollar Peg

[Bloomberg] United Airlines Sees Risk of Stalled Rebound on Virus Surge

[Bloomberg] India’s Budget Blowout May See RBI Resort to Direct Financing

[WSJ] Covid Still Poses Challenges for Financial System, Fed’s Quarles Says

[WSJ] Banks Could Get $24 Billion in Fees From PPP Loans

[WSJ] New U.S. Rules on Foreign Students Put Universities in Dilemma

[FT] US volatility indices show persistent investor ‘fear’ after rally

Tuesday Afternoon Links

[Reuters] Wall Street struggles for direction after strong rally as virus cases surge

[Reuters] Dollar edges higher as virus worries sap risk appetite

[Reuters] Brazil President Bolsonaro tests positive for coronavirus

[CNBC] Coronavirus live updates: Brazil's Bolsonaro tests positive; Novavax gets $1.6 billion for vaccine development

[Reuters] Fed's Bostic: Business 'getting nervous again' as virus surges

[Reuters] Largest U.S. airlines move towards federal loans; United warns about COVID-19 surge

[CNBC] Herd immunity strategies called into question after coronavirus antibody study in Spain