European Union

• World stocks gain along with oil, clock ticks down to ECB (Reuters)
• Draghi Expected to Defend ECB in Face of German Criticism (WSJ)
• Trump, Cruz, Kasich seek to win over Republican leaders at party meeting (Reuters)
• Donald Trump Plans to Adopt More-Traditional Campaign Tactics (WSJ)
• Japan, Not Germany, Leads World in Negative-Yield Bonds (BBG)
• Obama starts talks with Gulf leaders aimed at easing strains (Reuters)
• Soros: China Looks Like the US Before the Crisis (BBG)

Via GEFIRA,

• After big New York wins, Trump and Clinton cast themselves as inevitable (Reuters)
• Eastern States Take Turn in Presidential Primary Spotlight (WSJ)
• China's Stocks Tumble Most in Seven Weeks to Break Trading Calm (BBG)
• Oil falls on end to Kuwaiti strike, supply outlook (Reuters)
• Oil price's decline weighs on global stock markets (Reuters)
• Blankfein's Decade Ending With a Thud on a Humbled Wall Street (BBG)
• Toyota to Resume Production at Most Japan Plants Next Week (WSJ)

• Early Warning Signs of Recession Flash Faintly in U.S. Jobs Data (BBG)
• Who Needs Buybacks? One S&P 500 Variant Just Rallied to a Record (BBG)
• The unpredictable new voice of Saudi oil (FT)
• Saudi's Other Warning Makes Oil Traders Sweat After Doha Failure (BBG)
• U.S. oil investors rush for protection at $35 as Doha talks collapse (Reuters)
• Trump candidacy: Where some fear to tread others see a path to victory (Reuters)
• Iron Ore Powers Above $60 as Steel Rally in China Spurs Demand (BBG)

Down in Fredrick, MD, visiting with the KBRA FIG team this week. Last week we published a research note, "Will Negative Interest Rates Save Europe’s Banking System?"  You can read the full report with footnotes at the link below (registration is free).

https://www.krollbondratings.com/show_report/4042