Monday, May 18, 2020

Monday Evening Links

[Reuters] Asia shares set to follow Wall Street rally on vaccine hopes

[CNBC] Dow surges more than 900 points in best day since early April amid hope for coronavirus vaccine

[Reuters] Fed's Powell: CARES Act 'critical' to support for economy

[Reuters] More than 8% of U.S. mortgages now in forbearance: MBA weekly survey

[CNBC] Coronavirus live updates: States are reopening gyms, casinos and malls as business owners adjust to precautions

Monday Afternoon Links

[CNBC] Dow rallies 900 points as Wall Street cheers potential coronavirus vaccine

[CNBC] Coronavirus live updates: New York plans for return of pro sports, Germany and France push for massive recovery fund

[Reuters] U.S. homebuilder confidence rises in May

[Reuters] IMF chief warns full global economic recovery unlikely in 2021

[Reuters] Moody's warns of risks to Brazil 'stable' rating outlook from deep recession

[Yahoo/Bloomberg] Trump’s China Rhetoric Is the Next Big Risk for Emerging Markets

[Yahoo/Bloomberg] Don’t Be Fooled by the Calm in Emerging Markets. Risks Remain

[Yahoo/Bloomberg] China May Agree to Delay, Not Forgive, $150 Billion Africa Debt

[NYT] China Lent Billions to Poor Countries. They Can’t Pay It Back.

[WSJ] Why Coronavirus Increasingly Exacerbates the Red-Blue Divide

[FT] Xi seeks to cast China as guardian of global order

Monday's News Links

[Reuters] Wall Street jumps on stimulus, vaccine hopes

[Reuters] Oil and European shares rise as lockdowns ease; gold jumps

[Yahoo/Bloomberg] Gold Climbs to 7-Year High After Fed’s Stocks, Growth Warnings

[CNBC] Oil jumps 9% to $32 as June futures contract nears expiration

[CNBC] Moderna reports ‘positive’ data on early-stage coronavirus vaccine trial, shares surge 39%

[CNBC] Powell says GDP could shrink more than 30%, but he doesn’t see another Depression

[Reuters] U.S. mulls paying companies, tax breaks to pull supply chains from China

[CNBC] Coronavirus live updates: Market cheers ‘positive’ vaccine news; WHO chief says ‘long road to travel’

[Reuters] What did eight weeks and $3 trillion buy the U.S. in the fight against coronavirus?

[Yahoo/Bloomberg] U.S.-China Fight Over Chip Kingpin Rattles Global Tech Industry

[Yahoo/Bloomberg] Huawei Warns of ‘Terrible Price’ If U.S.-China Tensions Escalate

[Yahoo/Bloomberg] China Home-Price Growth Accelerates in Property Market Boost

[Reuters] China's trade faces 'unprecedented' challenges amid pandemic: commerce minister

[Reuters] China home prices rise again in April, adding momentum to recovery

[Reuters] Japan slips into recession, slump set to worsen as pandemic wreaks havoc

[Bloomberg] Coronavirus Vaccine From Moderna Shows Early Signs of Viral Immune Response

[Bloomberg] Central Banks Have Let the Genie Out of the Bottle

[Bloomberg] Italy’s Huge Debt Load Is at Risk of Becoming Unmanageable

[WSJ] The Fed’s $600 Billion Challenge: Lending Directly to Businesses

[WSJ] Investors Bet on ECB While Lapping Up Risky Government Bonds

[WSJ] Oil Becomes a Risky Game for Saudis