Friday, June 5, 2020

Friday, June 5, 2020
Doug Noland Posted on June 4, 2020

[Reuters] Wall Street higher on surprise drop in unemployment rate

[CNBC] 10-year Treasury yield surges above 0.9% after better-than-expected jobs report

[Yahoo/Bloomberg] Oil Rallies With Strong Jobs Data Adding to OPEC+ Cut Optimism

[CNBC] May unemployment rate comes in at 13.3%, better than the 19.5% expected

[CNBC] Coronavirus live updates: WHO sees ‘upticks’ in cases amid reopening; global deaths cross 390,000

[Reuters] OPEC+ to meet Saturday on extending cuts, pushing for compliance

[Yahoo/Bloomberg] Fed Is All In: Here Are the Key Features of Its Lending Programs

[Reuters] Bargain-conscious Americans lift used-car sales in the coronavirus economy

[Reuters] Japan’s household spending falls at record pace as virus stalls economy

[Reuters] COVID-19 crisis shakes Brazil, but Bolsonaro keeps impeachment at bay

[Reuters] U.S. warship sails through Taiwan Strait on Tiananmen anniversary

[CNBC] China grows ‘more assertive’ in world politics as the U.S. leaves behind a vacuum, ex-diplomat says

[Reuters] U.S. military commander says China pushing territorial claims under cover of coronavirus

[CNBC] Earth has hottest May on record, with 2020 on track to be one of the top 10 warmest years

[Bloomberg] Senators Push ‘Unprecedented’ Sanctions on China Over Hong Kong

[NYT] Tenants’ Troubles Put Stress on Commercial Real Estate

[WSJ] European Central Bank Ramps Up Stimulus Program Beyond $1.5 Trillion

[WSJ] Payment Problems Rise in Fast-Growing Private-Debt Market

[WSJ] Investors Climb Back Into Riskiest Emerging-Market Bonds

[FT] Investors pump $22.5bn into US bond funds

[FT] Donald Trump seeks ways to crack down on US-listed Chinese companies

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