Sunday, June 7, 2020

Monday's News Links

[Reuters] Futures rise on optimism over economic revival

[Reuters] World shares advance on surprise U.S. job recovery, oil steadies

[Yahoo/Bloomberg] Oil Erases Gains With Saudis Saying Extra Cuts for a Month Only

[CNBC] Coronavirus live updates: Global cases top 7 million; South Korea grapples with an uptick in infections

[Reuters] Japan bank lending surges at record pace in May as pandemic-hit firms hoard cash

[Yahoo/Bloomberg] China Monthly Car Sales Rise for First Time in Almost a Year

[Yahoo/Bloomberg] The Sinking Dollar Won’t Help Emerging Currencies, Barclays Says

[Yahoo/Bloomberg] China’s Yuan Weakness Shows in Record 16-Day Slide Versus Peers

[Yahoo/FT] German industry records historic 18% tumble in output

[Reuters] Italy's debt unsustainable, will face eventual restructuring: Schroders

[Reuters] Stumbling angel? Mexico risks losing investment grade credit rating

[CNBC] Stanley Druckenmiller says he’s been ‘humbled’ by market comeback, underestimated the Fed

[Bloomberg] China Says Debt Payments Paused for 77 Nations After G-20 Deal

[Bloomberg] India Has Biggest 1-Day Jump in Cases, Again

[WSJ] California and Some Other States See Coronavirus Cases Rise

[WSJ] Some Economists Question Strength of China’s Labor Market

[FT] A new global crisis is looming in east Asia

Sunday Evening Links

[CNBC] Wall Street set to build on last week’s rally as Dow futures jump 200 points

[Yahoo/Bloomberg] Asian Stocks Open Higher; Dollar Extends Slide: Markets Wrap

[Yahoo/Bloomberg] Oil Advances Above $43 After OPEC+ Extends Production Cuts

[AP] Left out: More workers now losing hope of getting back jobs

[Yahoo] FOMC decision: What to know in the week ahead

[Yahoo/Bloomberg] Slide of China’s Yuan Versus Peers Signals Risks Ahead

[Yahoo/Bloomberg] Australian Dollar’s 27% Rally Is Squeezing Bearish Hedge Funds

[Bloomberg] China’s Looming Budget Hole Poses Risk to Stimulus Efforts

[FT] China’s exports drop off as global slowdown hits economy

Sunday's News Links

[Yahoo/Bloomberg] Powell Takes Center Stage at a Bleak Moment for the U.S.: Eco Week Ahead

[Reuters] Black Lives Matter protests for U.S. racial justice reach new dimension

[Reuters] China May exports slip back into contraction, imports worst in four years

[Reuters] China's forex reserves unexpectedly rise in May, regulator sees stability

[Yahoo/Bloomberg] Wall Street Doubts Fed’s $600 Billion Lending Plan Can Succeed

[Bloomberg] Global Times Hu Slams U.S. Over Wars, Pompeo Nazi Remarks

[Bloomberg] The Bond Market’s Bears Are on a Tear. Now the Fed Has Its Say

[WSJ] How U.S. Decision Could Hurt Hong Kong as Trading Hub

[FT] What next for the Fed as signs of recovery emerge?

[FT] Doubts remain over true scale of US jobless crisis