Tuesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Climb on Housing Data; Dollar Slips: Markets Wrap

[Reuters] Gold climbs back above $2,000/oz level as dollar slides

[Reuters] Dollar touches more than 2-year low as traders push euro longs to record high

[Reuters] Europe stocks get travel boost, dollar slides on stimulus concern

[Yahoo/Bloomberg] U.S. Housing Starts Surge by Most Since 2016 and Permits Climb

[CNBC] Coronavirus live updates: U.S. averaging over 50,000 cases a day; Singapore announces more stimulus

[Yahoo/Bloomberg] Currency Markets Warn of Turbulence Ahead

[Yahoo/Bloomberg] Rallying Stock Market Is Forcing Everyone to Become a Believer

[CNBC] U.S. and European firms face $1 trillion in costs to relocate their Chinese supply chains, BofA says

[Reuters] Wall Street holds the cards as Main Street chases blank-check deal frenzy

[Reuters] Rolling blackouts warning issued for 3 million California homes

[Reuters] S&P warns of rising real rates risk to China's recovery

[Reuters] Spanish public debt hit record in June on COVID spending, above 100%/GDP

[Yahoo/Bloomberg] High Yields Can’t Stop Global Fund Exodus From Indian Bonds

[Bloomberg] China Calls U.S. Rules on Huawei ‘Nothing Short of Bullying’

[WSJ] U.S. Tightens Restrictions on Huawei’s Access to Chips

[WSJ] Selloff in Emerging-Market Currencies Shows No Sign of Respite

[WSJ] Empire State Building Reflects New York’s Deepening Real-Estate Woes

[FT] Why China’s economic recovery from coronavirus is widening the wealth gap | Free to read

[FT] Californians point fingers as millions face power outages 

[FT] Yield-starved investors start to rummage in triple C-rated debt

[FT] The Chinese economy’s two-speed recovery from coronavirus

[FT] China’s share of global exports falls in supply chains rethink

[FT] Mario Draghi urges Europe to use soaring debt for productive purposes

[FT] Water shortages and heatwaves: Europe confronts changing climate

Monday Evening Links

[Reuters] Tech rally elevates Nasdaq to record high close

[CNBC] Coronavirus live updates: U.S. averaging over 50,000 cases a day

[Reuters] Foreigners buy U.S. Treasuries in June, after selling three straight months, data shows

[AP] Grid operator: 3.3 million California homes could lose power

[Bloomberg] U.S. High-Grade Bond Sales Set Record, Reach $1.346 Trillion

Monday Afternoon Links

[Reuters] Tech stocks gain as S&P 500 flirts with record high

[Reuters] Oil rises on China plan to boost U.S. imports, OPEC+ compliance

[Reuters] As U.S. homebuilder confidence matches record high, mortgage delinquencies rise

[Reuters] Factbox: Key dates on the 2020 U.S. presidential election calendar

[Yahoo/Bloomberg] FHA Mortgage Delinquencies Reach a Record, Led by New Jersey

[Yahoo/Bloomberg] Junk-Muni Boom Sets Up Historic Distress for Billions of Debt

[Yahoo/Bloomberg] Robinhood Now Valued at $11.2 Billion With New Fund Backing

[WSJ] China’s CDC, Built to Stop Pandemics, Stumbled When It Mattered Most