[Reuters] Stocks turn negative as Fed’s Powell warns of prolonged recession
[Yahoo/Bloomberg] Oil Near Five-Week High as Saudi, Russia See Demand Recovering
[CNBC] Powell says more policy help may be needed to pull the US out of economic downturn
[Reuters] US producer prices tumble in April
[Yahoo/Bloomberg] Fed’s Powell to Address Dire Outlook, Need for Stronger Support
[Reuters] Merkel, vowing to respect court’s ECB ruling, wants strong euro
[Reuters] The U.S. needs more fiscal help to fight coronavirus, Fed officials say
[Reuters] California cancels fall university classes as Fauci warns of reopening too soon
[Yahoo/Bloomberg] Negative Rates Bets Are Going Global in Snub to Central Bankers
[CNBC] Stock market has the richest valuation in 18 years even as profit outlook worsens
[Reuters] China’s April passenger numbers down 68.5% year-on-year: aviation regulator
[Yahoo/Bloomberg] RBNZ Unleashes More Stimulus as Economy Slumps on Lockdown
[Bloomberg] Virus Survivors Could Suffer Severe Health Effects for Years
[Bloomberg] Ghost of 1992 Italy Devaluation Returns to Haunt Euro Unity Aims
[Bloomberg] Modi’s Latest Stimulus Adds to India’s Bond Market Angst
[WSJ] Powell Says Washington Will Need to Spend More to Battle Downturn
[FT] Pandemic stimulus debt will ‘come back to haunt us’, warns OECD
[FT] German top judge warns EU over ‘very difficult to resolve’ legal crisis
[FT] Beijing hits back at Trump call to block US pension fund investment in China
[FT] CLOs: ground zero for the next stage of the financial crisis?
[FT] European investment plunge raises fears for future growth