Weekend 06/20 & 06/21
Coronavirus: Germany’s R number rockets again – from 1.79 to 2.88 – sky
Not Just Retail: Hedge Funds Go “All In” As Net Leverage Hits 99%-ile – Zerohedge
“A Staggering Number”: Over $18 Trillion In Global Stimulus In 2020, 21% Of World GDP – Zerohedge
Friday 06/19
Business Live – guardian
Arizona Reports 29% Jump In Daily COVID-19 Cases: Live Updates – Zerohedge
U.S. coronavirus cases surge by more than 27,700 in a day as 7-day average jumps 15% from week ago – cnbc
Coronavirus pandemic accelerating with Americas worst, warns WHO – Reuters
China implements more US orders, unrelated to Hawaii meeting – globaltimes
Shanghai bourse to revise A-share benchmark index – globaltimes
Disneyland workers push back against plan to reopen next month – cbs
Swiss prosecutors launch Glencore criminal probe over Congo – Reuters
With Record European Rally Now Over, Only Now Goldman Tells Clients To Buy Stoxx – Zerohedge
Cruise lines voluntarily suspend all trips out of U.S. ports until Sept. 15, trade group says – cnbc
Stocks, Yields Plunge: AAPL To Re-Shutter Some Stores, Crushing Recovery Narrative – Zerohedge
Apple will close some stores again as COVID-19 cases reappear – cnbc
Futures Jump On China Trade-Deal Optimism Ahead Of Quad-Witch Friday – Zerohedge
Will Europe Do a Deal? EURUSD Begins to Wonder – bk
Thursday 06/18
Business Live – guardian
10 States See Record Numbers Of New COVID-19 Cases As Florida Declared “The Next Epicenter”: Live Updates – Zerohedge
In Latest Liquidity Flood; ECB Hands Out A Record €1.3 Trillion In Negative Yielding TLTRO-III Loans – Zerohedge
Fed’s Balance Sheet Posts Biggest Weekly Drop In 11 Years – Zerohedge
Why the Fed’s new index approach to buying U.S. corporate debt ‘changes everything’ – Marketwatch
U.S. House Democrats unveil $1.5 trillion infrastructure plan – Reuters
Hertz seeks bankruptcy loan after suspending stock sale – WSJ
No ‘V’ – US “Leading” Economic Indicators Barely Bounce After Biggest Crash In 60 Years – Zerohedge
Almost 46 Million Americans Have Now Filed For Unemployment Claims Since Lockdowns Began – Zerohedge
Bank of England boosts QE but slows speed of purchases amid market stabilisation – ing
BoE Review: More QE – no NIRP – nordea
Bank Of England Announces Only £100BN QE Expansion In Unexpectedly Hawkish Statement – Zerohedge
ECB Watch: Liquidity flood – nordea
Banks borrow record 1.31 trillion euros from ECB – Reuters
Central bank watcher: Fiscal financiers – robeco
Wirecard shares plunge after saying auditor can’t find billions of missing cash – Marketwatch
Nikola Founder Threatens To Sue Bloomberg After Report Of Company Peddling A Hollowed-Out Truck – Zerohedge
Australia unemployment rate jumps to 19-year high – Marketwatch
Wednesday 06/17
Business Live – guardian
Markets Keep the Risk On Tone as Fears of COVID Fade – bk
GOP Senators Balk At Trump’s $1 Trillion Infrastructure Bill – Zerohedge
House panel debating $494 billion infrastructure measure – Reuters
Hertz Suspends Plan to Sell ‘Worthless’ Stock After SEC Scrutiny – Bloomberg
BoE Call: Looking for QE increase of £150bn and overall ultra-accommodative message – saxo
Bank of England expected to expand bond buying, but it’s wait-and-see on negative rates – cnbc
Keep an eye on these infrastructure stocks, with possible $1 trillion Trump plan on deck – cnbc
HSBC revives plan to axe 35,000 jobs, memo shows – cnbc
Japan’s exports fall most since 2009 as U.S. demand slumps – Reuters
Tuesday 06/16
The Fed’s $250 Billion Debt-Buying “Index” Loophole – Zerohedge
Stocks & Bond Yields Plunge As Global Virus Fears Resurge – Zerohedge
‘The dollar is going to fall very, very sharply,’ warns prominent Yale economist – Marketwatch
FX Daily: The Fed is back to haunt the dollar – ing
US Industrial Production Disappoints – Shows No Sign Of “V-Shaped” Rebound – Zerohedge
US Retail Sales Soar By Record In May As Apparel Spending Exploded – Zerohedge
U.K. claimant count jumps by nearly 529,000 in May – Marketwatch
In Major Escalation, North Korea Blows Up South Korean Liaison Office – Zerohedge
Bank of Japan holds fire, pledges $1 trillion to struggling firms – Reuters
Trump team eyes $1 trillion infrastructure plan to spur economy, Bloomberg News says – Reuters
Fed now purchasing corporate bonds – ing
Monday 06/15
Business Live – guardian
Florida Reports Pullback In New COVID-19 Cases After Record-Breaking Streak, WHO Says 100+ Cases Confirmd In Beijing: Live Updates – Zerohedge
Coronavirus live updates: Greece restarts tourism; European vaccine deal totals $843 million – cnbc
Risk Slides as Week Starts – bk
Beijing reinstates control measures as coronavirus cases rise – thehill
Stock market live updates: Tech stocks lead, Dow bounces from 762-point loss, Fed helps rally – cnbc
FX Traders Beware – Fed Buying Cant End a Health Crisis – bk
Fed launches long-awaited Main Street lending program – Reuters
The Fed says it is going to start buying individual corporate bonds – cnbc
Secondary Market Corporate Credit Facility – fed
Stocks Soar Into Green After Fed Announces It Will Start Buying “Broad Portfolio” Of Corporate Bonds – Zerohedge
Empire State index recovers in June from two months of record lows – Marketwatch
Fed’s Kaplan says he’s skeptical of yield-curve control – Marketwatch
Hertz tanks 25% after filing to sell up to $500 million in potentially ‘worthless’ stock – businessinsider
Goldman’s top stock picker is bullish on tech and bearish on energy – cnbc
Key Events This Week: Central Banks Try To Talk Up Stocks – Zerohedge
United Airlines files for issuance and sale of up 28 million shares, stock falls – Marketwatch
Commerzbank to cut more jobs, branches, board member says – cnbc
Morgan Stanley Turns Even More Bullish: Hikes S&P Target To 3,350 Using 2022 EPS – Zerohedge – Zerohedge
Morgan Stanley Economists Double Down on V-Shape Global Recovery – Bloomberg
Morgan Stanley doubles down on forecast for a V-shaped economic recovery by 4th quarter – businessinsider
BP to write down up to $17.5 billion in second quarter, lowers oil price expectations to 2050 – cnbc
BP slashed its valuation by almost $18 billion as it adjusts to oil’s pandemic era new normal – businessinsider
China’s factory output perks up but consumers stay cautious – Reuters
Chart of the Week: Trade data in Asia – saxo