MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, June 3, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, June 3, 2020
Doug Noland Posted on June 2, 2020

[Yahoo/Bloomberg] Stocks Prolong Rally; Dollar Weakens to March Low: Markets Wrap

[Reuters] Global shares hit three-month highs on economic recovery hopes

[Reuters] Euro set for seventh day of gains, dollar loses to riskier assets

[CNBC] Private payrolls down another 2.76 million in May, ADP says

[CNBC] Negative interest rates could be needed for a ‘V’ recovery, Fed economist says

[Yahoo/Bloomberg] The Mighty U.S. Dollar Is Having a Wobble

[Reuters] China’s services sector bounces back into growth, job losses continue: Caixin PMI

[Reuters] Explainer: Dollar peg is critical to Hong Kong amid U.S. threats, China worries

[Yahoo/Bloomberg] ECB Seen With Only One Choice Tomorrow to Avoid Market Rout

[Reuters] Brazil industrial output falls a record 18.8% in April

[Reuters] Brazil sets another record for daily coronavirus deaths

[Reuters] Coronavirus brings Asia’s booming online lending sector to juddering halt

[WSJ] The Nearly Nihilistic Market Rally

[WSJ] Fed Promised to Buy Bonds but Is Finding Few Takers

[WSJ] How Many U.S. Workers Have Lost Jobs During Coronavirus Pandemic? There Are Several Ways to Count

[WSJ] Japan Warns Its Banks About Risky U.S. Debt

[FT] Are we heading into another Depression?

[FT] Wall Street strategists say dollar could be set for ‘dramatic’ falls

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