Tuesday, June 2, 2020

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Prolong Rally; Dollar Weakens to March Low: Markets Wrap

[Reuters] Global shares hit three-month highs on economic recovery hopes

[Reuters] Euro set for seventh day of gains, dollar loses to riskier assets

[Reuters] Exclusive: Trump administration set to bar Chinese passenger carriers from flying to U.S., sources say

[CNBC] Private payrolls down another 2.76 million in May, ADP says

[CNBC] Negative interest rates could be needed for a ‘V’ recovery, Fed economist says

[Yahoo/Bloomberg] The Mighty U.S. Dollar Is Having a Wobble

[Reuters] China's services sector bounces back into growth, job losses continue: Caixin PMI

[Reuters] Explainer: Dollar peg is critical to Hong Kong amid U.S. threats, China worries

[Yahoo/Bloomberg] ECB Seen With Only One Choice Tomorrow to Avoid Market Rout

[Reuters] Brazil industrial output falls a record 18.8% in April

[Reuters] Brazil sets another record for daily coronavirus deaths

[Reuters] Coronavirus brings Asia's booming online lending sector to juddering halt

[WSJ] The Nearly Nihilistic Market Rally

[WSJ] Fed Promised to Buy Bonds but Is Finding Few Takers

[WSJ] How Many U.S. Workers Have Lost Jobs During Coronavirus Pandemic? There Are Several Ways to Count

[WSJ] Japan Warns Its Banks About Risky U.S. Debt

[FT] Are we heading into another Depression?

[FT] Wall Street strategists say dollar could be set for ‘dramatic’ falls

Tuesday Evening Links

[Reuters] Equities cruise to three-month highs, dollar under protest pressure

[Yahoo/Bloomberg] Treasury Curve Near Steepest Since 2017 as 30-Year Yields Climb

[Reuters] Trump pushes military solution to unrest in U.S. cities

[AP] US cities erupt in more violence as Trump decries `lowlifes’

[CNBC] George Floyd protests: Minnesota files civil rights charge against Minneapolis Police Department

[Yahoo/Bloomberg] Bears Stampede Out of High-Yield ETFs With Fed Backstop in Play

[Yahoo/Barron's] Amazon’s Bond Sale Shows Debt Market Is Hot. Investors Should Be Cautious

[Yahoo/Bloomberg] Illinois Becomes First to Tap Fed Loans After Bond Yields Surge

[Bloomberg] Turkey’s Surging Money Supply Revives Fears of Inflation Takeoff