Weekend 06/27 & 06/28
Arizona, Florida Report New COVID-19 Records; New York Sees Just 5 Deaths: Live Updates – Zerohedge
California orders bars to close in Los Angeles and other counties over coronavirus spread – cnbc
Big tobacco, big oil and Buffett join Fed’s portfolio – Reuters
Fracking pioneer Chesapeake Energy files for bankruptcy – Marketwatch
Americans Are Boozing Less Than Originally Thought During The Pandemic – Zerohedge
Friday 06/26
Stocks rise despite Fed warning over $700bn in Covid-19 loan losses – business live – guardian
Microsoft Abandons Physical Store Concept (Not Due To Virus) – Zerohedge
Stocks & Bond Yields Plunge On COVID Surge & Fed Balance Sheet Purge – Zerohedge
Stocks Plunge, Erase Late-Day Panic Bid On Texas Shutdown Rumors – Zerohedge
ECB’s Lagarde says we’ve probably passed the worst of the coronavirus crisis – cnbc
Singapore’s manufacturing begins to bear the Covid-19 brunt – ing
Fed’s Balance Sheet Shrinks For Second Consecutive Week – Zerohedge
Thursday 06/25
Markets volatile as rising Covid-19 cases spook investors – business live – guardian
JPM Finds That Rising Virus Cases Are Starting To Hit Consumer Spending Again – Zerohedge
Fed bans stock buybacks, caps dividend payments for big banks after stress tests – thehill
Bank stocks retreat in after-hours trade after Fed caps dividends and buybacks in the 3rd quarter – Marketwatch
US Bank Stocks Sink As Fed Caps Dividends, Forbids Share Buybacks In Stress Tests – Zerohedge
Fed balance sheet growth stalls as dollar funding issues ease – Marketwatch
Nike swings to a quarterly loss as coronavirus store closures dent results – yahoofinance
Nike fourth-quarter sales drop nearly 40% – Marketwatch
Still Reeling From Oil Plunge, Texas Faces New Threat: Surge in Virus Cases – nyt
E.U. Barring U.S. Visitors Would be a ‘Huge Deal’ for Airlines – nyt
Gilead’s remdesivir set to become Europe’s first COVID-19 therapy – Reuters
Banks Get Easier Volcker Rule and $40 Billion Break on Swaps – bbglaw
Penny stock-loving Robinhood traders raised bubble concerns, but most retail investors are selling – CNBC
Quant: “Here’s What Was Behind The Sell-Off And What One Should Do About It” – Zerohedge
Weekly Natural Gas Storage Report – eia
Options traders betting Nike will jump to new all-time highs out of earnings – CNBC
Pandemic Fears Weigh but ECB Repo Helps Rebound – bk
Q1 GDP Unchanged At -5.0% In Final Revision As Corporate Profits Tumbled 12.3% – Zerohedge
Durable Goods Orders Rebound Keeps Dream Of “V”-Recovery Alive (Barely) – Zerohedge
Total of those receiving unemployment benefits falls below 20 million – cnbc
US weekly jobless claims hit 1.5 million, exceeding economist forecasts – businessinsider
UK needs to borrow more than £400bn over two years, IMF warns as it abandons hope of V-shaped recovery – independent
WHO’s Kluge: Europe had first increase in weekly cases in ‘a long time’ – forexlive
NatGas Nears 25-Year Low As Summer Heat Fails To Materialize And Oversupplied Conditions Persist – Zerohedge
Stocks sapped by coronavirus surge, recession gloom – Reuters
Wirecard files for insolvency – Reuters
ECB to provide euro loans to non euro zone central banks – Reuters
New Eurosystem repo facility to provide euro liquidity to non-euro area central banks – europa
Lufthansa up on news shareholder will back rescue – Marketwatch
Wednesday 06/24
Business Live – guardian
The US is considering $3.1 billion in new tariffs on products from France, Germany, Spain and the UK – cnbc
IMF slashes its forecasts for the global economy and warns of soaring debt levels – cnbc
Reopening from the Great Lockdown: Uneven and Uncertain Recovery – imf
The Fed said it could supply the economy with $2.3 trillion. It hasn’t come close so far – cnbc
US Draws Up Plan To Slap Tariffs On $3.1 Billion In European Goods – Zerohedge
U.S. Targets $3.1 Billion of EU, U.K. Imports for New Tariffs – Bloomberg
The pound is now an emerging market currency in all but name – BofA – forexlive
Germany: More optimism – ing
Bayer to pay up to $10.9 billion to settle bulk of Roundup weedkiller cancer lawsuits – Reuters
Volkswagen explores acquisition of car rental group Europcar: sources – Reuters
Shadow banking back in vogue in China as assets grow for the first time since 2017 – scmp
Tencent briefly hits fresh record high as it battles Alibaba for title of Asia’s biggest company – cnbc
Americans Are Actually Drinking Less During the Pandemic – Bloomberg
Tuesday 06/23
Apple is about 20% away from being worth $2 trillion – cnn
US PMIs Disappoint With Labor Weakness Continuing, Hope Remains High – Zerohedge
Gold Breaks Out To New 8-Year High – Zerohedge
Navarro Backtracks, Markets See Business Rebound – bk
Americans Are Actually Drinking Less During the Pandemic – Bloomberg
Surging European PMIs Bolster Recovery Narrative – Zerohedge
Germany PMI points to increasing signs of life in economy – markit
Asian stocks climb after wild swings on U.S.-China trade mix-up – Reuters
SoftBank to sell $21 billion worth of T-Mobile stock – cnn
FTSE Russell Wraps Up First-Phase China A-Share Inclusion – yicai
Monday 06/22
Markets hit by coronavirus second-wave fears, as gold touches one-month high – business live – guardian
Nearly 9 Million Infected As WHO Says Outbreak Still “Accelerating” Following Largest Daily Jump: Live Updates – Zerohedge
Here’s everything Apple just announced: iOS 14 will give iPhones a new home screen, ditching Intel chips and more – cnbc
After The Biggest Rally Since 1933, JPMorgan Finally Tells Its Clients To Buy US Stocks – Zerohedge
Dow climbs above 26,000 in afternoon trade as tech-related stock-market rally pushes Nasdaq toward record – Marketwatch
Here Comes Yield Curve Control: The Fed Is About To Unleash A Mindblowing Stock Rally – Zerohedge
Apple announces Mac transition to Apple silicon – apple
Apple is overhauling the iPhone homescreen and upgrading AirPods – cnn
Financial stability and the pandemic crisis- europa
The era of stock buybacks could be over, economist Jim O’Neill says – cnbc
Gold price surges to 7.5-year high as coronavirus concerns mount – fox
Credit Suisse raises stock market forecast, sees downside risks as ‘less ominous’ – cnbc
Apple will stop using Intel chips in all Macs by 2021, top analyst says – cnbc
JPMorgan Warns Of $170 Billion In Forced Month-End Selling – Zerohedge
Rally in Raw Materials Signals Economic Rebound – wsj
Shale industry will be rocked by $300 billion in losses and a wave of bankruptcies, Deloitte says – cnbc
The ‘Fed story’ will win out over second wave and election fears, UBS says. It’s time for investors to get off the sidelines – Marketwatch
GLOBAL MARKETS-Stocks try to shake off second wave virus fears – Reuters
Key Events This Quiet Week: PMIs, Housing, Spending And Income – Zerohedge
Chinese Energy Company Defaults on Dollar Bonds – wsj
China’s top stock index is being overhauled — which hasn’t happened in three decades – Marketwatch
South Korea 1st 20 days of June exports -7.5% y/y – forexlive
The Growing Risk in ‘Risk-Free’ Assets – nb