Monday, July 20, 2020

Tuesday's News Links

[Reuters] Wall Street climbs on upbeat earnings reports, stimulus hopes

[Reuters] Gold jumps to nine-year peak on tepid dollar and stimulus

[Reuters] EU recovery fund lifts shares to five-month high

[AP] Senate panel now likely to back questionable Trump Fed pick

[CNBC] Don’t expect new coronavirus relief bill until August, top House Republican says

[CNBC] Coronavirus live updates: Quest reportedly warns it won’t be able to meet testing demand in the fall

[Reuters] EU reaches deal on post-pandemic recovery after marathon summit

[AP] EU nations clinch $2.1T budget, virus aid deal after 4 days

[Yahoo/Bloomberg] A $1 Trillion Glut of Bonds Is Dwarfing Central-Bank Demand

[Yahoo/Bloomberg] It’s Silver’s Turn to Shine as Prices Surge to Four-Year High

[Yahoo/Bloomberg] A Crucial Macro Hedge-Fund Trade Is Getting Turned Upside Down

[Bloomberg] Euro Is Turning Into ‘Credible’ Safe Haven After EU Rescue Deal

[Bloomberg] U.S. Dealmaking Heads for Best Month of 2020 After Pandemic Rut

[Bloomberg] Double-Shot Covid Vaccine Tests Raise New Pandemic Challenge

[WSJ] Republicans Put Down Marker on Next Coronavirus-Aid Bill

[WSJ] Soaring Silver Hits Multiyear High

[WSJ] Coronavirus Threatens the Luster of Superstar Cities

[FT] Is the rebound in America’s economy already over? 

[FT] Fears mount of a fresh Latin American debt crisis

[FT] US lab giant warns of new Covid testing crunch in autumn

[FT] The worst of Covid-19 may still be to come

[FT] ‘Blank-cheque’ blitz: Michael Klein leads Wall St charge into Spacs

Monday Evening Links

[CNBC] Stock futures hold steady in overnight trading after a strong tech rally on Wall Street

[Reuters] Asian markets set to track U.S. gains on vaccine, EU deal hopes

[Reuters] Wall Street closes higher, Nasdaq sets record as potential vaccines show promise

[Reuters] EU leaders in 'home stretch' to recovery deal after days of squabbling

[Reuters] S.Korea's July 1-20 exports fall 12.8%, more than in June

[Reuters] Wave of promising study results raise hopes for coronavirus vaccines

[Bloomberg] Nasdaq Momentum Is Hottest in 20 Years With Amazon Leading Surge

[Bloomberg] China Begins to Remove Democratic Taiwan’s Toehold in Hong Kong

[NYT] ‘Less Optimistic’ and ‘More Cautious’: Top C.E.O.s Fret as Virus Cases Rise

Monday Afternoon Links

[Reuters] S&P 500 rises on optimism over COVID-19 vaccine, stimulus

[Reuters] White House, Congress jockey in looming showdown over coronavirus aid

[AP] Wrangling over virus relief persists despite high stakes

[Reuters] Hopes for an EU recovery deal rise after days of summit squabbles

[AP] Insults, flaring tempers mark marathon EU summit on budget

[Reuters] First human trial of Oxford coronavirus vaccine shows promise