Thursday, April 9, 2020

Friday's News Links

[AP] Asian shares steady after Wall St caps best week since 1974

[Reuters] Dollar heads for weekly loss on Fed move, easing virus fears

[Reuters] U.S. consumer prices decline in March

[Reuters] UK PM Johnson in 'very good spirits' after leaving intensive care: spokesman

[Reuters] China factory gate deflation deepens in March as coronavirus jolts economy

[Reuters] China March loans surge to $405 billion as coronavirus stimulus kicks in

[Reuters] Saudi, Russia seek to finalise oil cuts in G20 talks, want U.S. involved

[Reuters] Exclusive: U.S. banks prepare to seize energy assets as shale boom goes bust

[CNBC] Coronavirus live updates: US cases top 466,000, British Prime Minister moved out of ICU

[Reuters] China's Bank of Gansu pledges 30 billion yuan loans, report of capital injection

[Reuters] South Korea reports recovered coronavirus patients testing positive again

[Bloomberg] Record Bankruptcies Predicted in Next Year as Unemployment Soars

[Bloomberg] China’s Bank Lending Surges After PBOC Steps Up Support

[Bloomberg] Wuhan Rent Protest Shows Unrest Brewing in China After Lockdown

[Bloomberg] U.S. Junk Bonds Rally Most in Two Decades With Fed Now a Buyer

[Bloomberg] Foreign Central Banks Sell $21.7 Billion Treasuries This Month

[NYT] With $2.3 Trillion Injection, Fed’s  Plan Far Exceeds Its 2008 Rescue

[NYT] A New Front for Nationalism: The Global Battle Against a Virus

[WSJ] Small-Business Loans Face Delays Even as Coronavirus Program Expands

[WSJ] Saudis, Russians Bury Differences, but Mexico Threatens Oil Deal

[FT] US is on course for a downward spiral of mortgage failures

[FT] Eurozone at risk of debt crisis worse than previous one

[FT] Eurozone countries strike emergency deal on coronavirus rescue 

[FT] China should not count its successes too soon

[FT] Mystery surrounds ‘cured’ patients who tested positive

Thursday Evening Links

[AP] Wall Street caps best week since 1974 on latest Fed stunner

[Reuters] Saudi, Russia agree record oil cut under U.S. pressure as demand crashes

[CNBC] JPMorgan now sees economy contracting by 40% in second quarter, and unemployment reaching 20%

[CNBC] EU ministers seal deal on half a trillion euro coronavirus rescue plan

Thursday Afternoon Links

[Reuters] Wall Street rises on latest Fed rescue program

[CNBC] Oil drops 9%, giving back early double-digit gain as traders await OPEC cut details

[Reuters] Gold hits 1-month peak fuelled by Fed's new stimulus measures

[Reuters] Fed balance sheet increases to record $6.13 trillion

[Yahoo/Bloomberg] Fed Is Seizing Control of the Entire U.S. Bond Market

[AP] Record 16.8 million have sought US jobless aid since virus

[Reuters] Mnuchin says U.S. economy could open in May, defying experts

[Reuters] Fed rolls out $2.3 trillion to backstop 'Main Street,' local governments

[WSJ] Coronavirus Crisis Legacy: Mountains of Debt