Thursday, May 7, 2020

Friday's News Links

[Reuters] Stocks boosted to weekly highs as risk appetite improves

[Reuters] Oil heads for another weekly gain on demand hopes and shut-ins

[CNBC] A record 20.5 million jobs were lost in April as unemployment rate jumps to 14.7%

[CNBC] Coronavirus live updates: WHO calls for research into Wuhan market, Indonesia eases travel restrictions

[Reuters] Top U.S., China trade officials agree to strengthen cooperation

[Reuters] Top EU court says it alone decides if EU bodies are breaking bloc's rules

[Yahoo/Bloomberg] Global Debt Funds Shun Italy on Fears That Euro-Area Is Cracking

[Yahoo/Bloomberg] Mortgage Lenders Tighten Screws on U.S. Credit in Echo of 2008

[Reuters] China says sales of cars, home appliances rebounded sharply during May day holiday

[Reuters] Australia to ease COVID-19 curbs in three stages, targets July for full removal

[CNBC] As US-China rivalry heightens, the pandemic could tilt global power in Beijing’s favor

[Bloomberg] China, U.S. Teams Agree to Work to Implement Trade Deal

[Bloomberg] Credit Funds in India See Large Outflows on Franklin Shock

[WSJ] Economic Fallout From Coronavirus Puts Euro to the Test

[WSJ] Why China Is Withholding Stimulus Amid Coronavirus-Sparked Downturn

[WSJ] How Dollar Distress Migrated to Asia

[FT] Germany’s ECB critics toast courtroom success

[FT] Too much cash is chasing too few desirable assets

[FT] Debt relief for US consumers leaves investors flying blind