Tuesday, March 10, 2020

Wednesday's News Links

[Reuters] Stocks wilt on growing doubts about U.S. virus response

[Reuters] Dollar resumes descent against safe-haven currencies in volatile trade

[Reuters] Oil falls $1 as price war escalates with Saudi plan for higher output capacity

[Reuters] Gold rises as concerns over U.S. stimulus dent risk appetite

[CNBC] Coronavirus live updates: Germany’s Merkel says most people will get COVID-19, Italy hikes outbreak spending

[Reuters] U.S. consumer prices unexpectedly rise in February

[Reuters] Fed faces headache, taps epidemiologists in hunt for policy clues

[Reuters] NY Fed accepts $132.38 bln at overnight repo operation

[Reuters] Britain fires with both barrels: emergency rate cut and budget boost

[Reuters] BOJ may pledge to ramp up ETF buying next week, sources say

[Reuters] Italian coronavirus deaths jump 36% to 631

[Reuters] South Korea reports jump in coronavirus cases

[Bloomberg] ECB’s Lagarde Warns of 2008-Style Crisis Unless Europe Acts

[Bloomberg] H2O Funds Hammered by Record Losses of Up to 30% in One Day

[Bloomberg] Over 100 Homebuilders Go Bust in China as Virus Strains Deepen

[Bloomberg] Beijing Sacrifices Bank Profits in Campaign to Save Economy

[Bloomberg] Trump’s Retweet of ‘China Virus’ Fuels Tensions With Beijing

[Bloomberg] JPMorgan Warns ‘Work From Home’ Risks Disrupting Funding Markets

[WSJ] Corporate-Bond Investors Shy Away From Risk

[WSJ] How China Slowed Coronavirus: Lockdowns, Surveillance, Enforcers

[WSJ] Ailing Chinese Bank Secures $1.7 Billion of New Capital

[FT] What will the Fed do next to ease coronavirus threat?

Tuesday Evening Links

[CNBC] Dow futures point to a loss of 400 points after Tuesday’s surge

[Reuters] Wall Street rebounds sharply on hopes of stimulus

[Reuters] Oil jumps 8% on stimulus hopes, spending cuts by U.S. producers

[Reuters] U.S. Treasury yields head higher with talk of economic stimulus

[CNBC] Trump pitched 0% payroll tax rate for the rest of the year, White House official says

[Reuters] Trump presses 'pathetic' Fed to cut rates more aggressively

[CNBC] Coronavirus live updates: First NJ death | NY establishes containment zone | Dow whipsaws

[Reuters] Stock, bond and FX trading volumes boom as volatility jumps

[Reuters] Streets deserted as Italy imposes unprecedented coronavirus lockdown

[AP] Economic toll of virus goes global and hits close to home

[CNBC] Mortgage bankers double their 2020 refinance forecast

[Bloomberg] Robinhood Maxed Out Credit Line Last Month Amid Market Tumult

[WSJ] Markets Are Functioning, but It’s Getting Harder to Trade

[WSJ] Debt Poses Threat to Some Hotel Owners as Markets Slide

[FT] Saudi Arabia pumps up volume in escalating oil price war

[FT] Lebanon’s sovereign default leaves creditors facing big losses