Thursday's News Links

[Reuters] Stocks gain as upbeat earnings outweigh U.S.-China tensions

[Reuters] Dollar hits four-month low, yuan recovers as Sino-U.S. tensions simmer

[CNBC] U.S. weekly jobless claims total 1.416 million, vs 1.3 million expected

[CNBC] Mnuchin says GOP plan for unemployment extension will be based on ’70% wage replacement’

[Reuters] China state media blasts Houston consulate shutdown as Trump election gambit

[CNBC] Coronavirus live updates: U.S. nears 4 million cases; U.K.‘s Johnson calls for vigilance ahead of ‘colder months’

[Yahoo/Bloomberg] U.S. Bond Markets Are Driving Force Behind the New Gold Rush

[Yahoo/Bloomberg] Shale Lenders in Retreat After Decade That Fueled Oil Boom

[Yahoo/Bloomberg] Fannie-Freddie Risk Bonds Threaten Big Losses for Fund Managers

[CNBC] Home prices in the Hamptons hit record as wealthy New Yorkers flee to the beach

[Reuters] Australia forecasts biggest postwar fiscal deficit on virus-driven stimulus

[Reuters] Brazil, Argentina hit coronavirus records as Latin America exceeds four million cases

[Bloomberg] China Consulate Fight Shows Trump’s Hardliners Are in Charge

[Bloomberg] Xi’s Own Campaign to Stay in Power Pits China Against the World

[Bloomberg] Asia’s Aggressive Virus Resurgence Highlights Global Containment Challenge

[WSJ] U.S. Braces for Chinese Diplomatic Retaliation as Ties Break Down

[FT] US real yields tumble in a sign of prolonged Fed support

Wednesday Evening Links

[Yahoo/Bloomberg] Asia Stocks Poised for Muted Start: Dollar Slips: Markets Wrap

[Reuters] Wall Street ends choppy session higher on mixed earnings, U.S. stimulus debate

[Reuters] Battered U.S. dollar 'hanging by a thread' as coronavirus cases grow

[CNBC] California reports record daily increase in coronavirus cases as it becomes worst-hit state in the U.S., Newsom says

[CNBC] GOP considers extending unemployment benefit at reduced level of $100 a week through December

[Reuters] Italy approves new deficit hike to help coronavirus-hit economy

[CNBC] Brazil turned the coronavirus into a political football, with devastating results

[Bloomberg] U.S. Move on Houston Consulate Risks American Footprint in China

[Bloomberg] Asian Junk-Rated Corporates Get Downgraded at Record Pace

[WSJ] Small Businesses Brace for Prolonged Crisis, Short on Cash and Customers

[WSJ] Senate Republicans Discuss Short-Term Extension of Jobless Aid

[WSJ] U.S. Existing-Home Sales Rose 20.7% in June

Wednesday Afternoon Links

[Reuters] S&P 500 rises as fiscal stimulus hopes offset Sino-U.S. worries

[Bloomberg] Silver Futures Surge and Gold Nears Record in Flight to Havens

[Reuters] Trump made clear he's unhappy with China - White House adviser on consulate closure

[CNBC] Schumer demands action on coronavirus relief as Senate awaits McConnell’s bill

[Yahoo/Bloomberg] The U.S. Is on the Verge of Lockdown 2.0

[Reuters] Don't expect first COVID-19 vaccinations until early 2021: WHO's Ryan

[Reuters] Global shares waver on fear of worsening U.S.-China ties; gold surges

[Yahoo/Bloomberg] Ever-Lower U.S. Bond Yields Are Driving Gold’s Relentless Rally

[Yahoo/Bloomberg] A Hidden Danger in Explosion of Index Funds