MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, April 22, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, April 22, 2020
Doug Noland Posted on April 21, 2020

[Reuters] Oil pinballs off 1999 lows, stocks clamber higher

[Reuters] Oil jumps 12%, reversing steep losses after volatile overnight session

[Reuters] Italian bond yields rise on coronavirus funding uncertainty

[Reuters] Dollar holds gains as oil rout leaves investors on edge

[CNBC] Coronavirus live updates: Accuracy of antibody testing questioned, Russia faces huge challenge

[CNBC] Weekly mortgage demand stalls, even with interest rates at a record low

[Reuters] EU ‘misunderstandings’ delay deal on coronavirus economic recovery

[AP] Tensions arise as EU leaders mull huge virus recovery plan

[Reuters] Fitch downgrades New Jersey, says combating virus fallout to weaken finances

[Reuters] China’s NPL ratio to rise further in second-quarter but not at a fast pace: banking regulator

[Reuters] American quandary: how to secure weapons-grade minerals without China

[AP] Analysis: Pandemic fallout tracks nation’s political divide

[NYT] ‘I’m Just Living a Nightmare’: Oil Industry Braces for Devastation

[Bloomberg] China’s Banks Hit by Increase in Bad Loans in First Quarter

[Bloomberg] A Leveraged Oil Product Shutters In Wake of Historic Crash

[Bloomberg] Turkish State Banks Ramp Up Dollar Sales to Aid Lira

[FT] Trump, Xi and other nationalists are less united than ever

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