Daily Archives: October 19, 2020

Europe

According to the European Centre for Disease Prevention and Control, all European countries have crossed a key threshold of new coronavirus infections. Latest data showed that the countries have recorded cumulative 14-day infection totals higher than 20 per 100,000 inhabitants, considered an early alarm level by many health experts.

 

Source: European Centre for Disease Prevention and Control (data as of Oct. 18th)

 

#Eurozone: Latest Restrictions Linked To #Covid_19 (An Update)
*Daily Summary: https://t.co/3IC6J5lxlbhttps://t.co/yMbqqvdOOn

— Christophe Barraud (@C_Barraud) October 18, 2020

 

1/21. Oct 19 to Oct 25 – #COVID19 Daily Epidemic Forecasting for 209 countries/territories.
21 countries analyzed in the thread.
Data: @ECDC_EU https://t.co/lsAJmfF616 https://t.co/YgpOxMJcyyhttps://t.co/YTRsgEESvy

Powered by @ISG_UNIGE & @SDSCdatascience pic.twitter.com/PnXAFtW1WT

— Antoine FLAHAULT (@FLAHAULT) October 18, 2020

 

Germany (data)

Germany reports 4,325 new daily coronavirus cases in latest update today https://t.co/CGfW428oEL

— ForexLive (@ForexLive) October 19, 2020

 

Spain (data)

Tampoco han informado en el día de hoy @SaludMadrid, @SanidadCLM, @GVAsanitat ni @Ingesa_Melilla

Recopilando los datos del resto de CCAA, suman un total de 10.304 casos nuevos, que están desglosados en mi perfil, 22.155 durante el fin de semana

Mañana vendrán los sustos… pic.twitter.com/oGVNqAlNuh

— Miguel Ángel Reinoso (@mianrey) October 18, 2020

 

France (data)

#FRANCE REPORTS 29,837 NEW #CORONAVIRUS CASES IN PAST 24 HOURS (v 32,427 prior and 16,101 last Sunday)
*Positivity Rate: 13.2%❗ (v 13.1% prior).
*Santé Publique France: https://t.co/bZLT3Rguuz pic.twitter.com/V3W1OCdIet

— Christophe Barraud (@C_Barraud) October 18, 2020

Moyenne des cas #COVIDー19 détectés (Source bilan SPF by @Fabien_L)

➡️29837 cas (85,31% vs j-7)
➡️Moyenne à 23151 (44,26% vs j-7 ⬆️)

PS : les bilans SPF pointent les cas à réception du résultat du test alors que SIDEP prend en compte la date du prélèvement. SIDEP a 3j de retard pic.twitter.com/ilooggXXWB

— Guillaume Saint-Quentin (@starjoin) October 18, 2020

21.5% du total de tous les cas confirmés depuis 22 semaines (mi-mai) ont été remontés cette semaine (S42)

=

1 personne sur 5 confirmée covid depuis mi-mai l'a été cette semaine. pic.twitter.com/53Dt2dB0a3

— Germain Forestier (@gforestier) October 18, 2020

Mise à jour avec les données du 18/10 (15/10 pour les tests) : https://t.co/oGJiH6e9rU @EricBillyFR @Le___Doc #COVID19france pic.twitter.com/aKXe4TddK6

— Germain Forestier (@gforestier) October 18, 2020

Mise à jour avec les données du jour pour les tests (15/10). Seules les données des 12-15/10 sont disponibles pour la S42 (cette semaine). Suivre l'évolution avec les données disponibles dans les prochains jours : https://t.co/oGJiH6e9rU pic.twitter.com/ULPwP6eQKf

— Germain Forestier (@gforestier) October 18, 2020

Mise à jour avec les données du 15/10 et ajouté à https://t.co/ITLDTMLyGT pour mise à jour quotidienne. pic.twitter.com/n6bmUaKZX0

— Germain Forestier (@gforestier) October 18, 2020

[THREAD]#MétéoCovidFrance du 18 octobre

Hospitalisations

France Métropolitaine :
816 entrées ⬆️ J-7 (482)
Moyenne 1056,43 ⬆️ J-1 (1008,71)

DOM :
19 entrées ⬇️ J-7 (21)
Moyenne 19,29 ⬇️ J-1 (19,57)

Graph sur toute la période et les 120 derniers jours

La suite ⤵️ pic.twitter.com/S1mq6JES0a

— Guillaume Saint-Quentin (@starjoin) October 18, 2020

Mise à jour région par région du nombre total de personne hospitalisé et en Réanimation en France Métropolitaine + DOM.

10897 Hospitalisations
[+498 ]
16 en hausse
1 stable
1 en baisse

1939 Réanimations
[+71 ]
13 en hausse
4 stable
1 en baisse pic.twitter.com/XvmSSAdXhJ

— Fabien_L (@Fabien_L) October 18, 2020

[GRAPH PREDICTIF]
Moyenne glissante 7 jours :
Des nouveaux cas de 70 à 89 ans
Des entrées à l'hôpital (décalée 10 jours)
Des décès (décalés 20 jours – échelle de droite) pic.twitter.com/fHkynFOgEW

— Guillaume Saint-Quentin (@starjoin) October 18, 2020

 

Italy (data)

In Italia 11.705 nuovi casi e 69 morti in un giorno: il bollettino https://t.co/oKLvwk5arJ pic.twitter.com/nJYW1mS9Je

— Corriere della Sera (@Corriere) October 18, 2020

#Italy reported 11,705 new coronavirus cases, the most in one day since the outbreak began.
*The number of patients in intensive care more than doubled in the last ten days.https://t.co/sEPEsUy4Tx

— Christophe Barraud (@C_Barraud) October 18, 2020

Conte Bets #Italy Can Slow Virus With Targeted Restrictions – Bloomberghttps://t.co/GcXGgjGNW6

— Christophe Barraud (@C_Barraud) October 19, 2020


 

Daily New Confirmed Cases (7-day moving average)


*Note: Data can’t be directly compared to lockdown period amid methodology change and increasing frequency of tests (see below).

 

Daily New Tests (7-day moving average)

 

Positivity Rates (7-day moving average)

 

Daily New Confirmed Deaths (7-day moving average)

 

Nombre de décès (fréquence journalière; moyenne mobile à 7 jours)

Americas

Speculators Reverse Big #Nasdaq Short – Bloomberg
*Link: https://t.co/hC0oV5uk3c
*More interesting charts ⚠ https://t.co/UDEomEbB2rpic.twitter.com/HASGXHQc5g

— Christophe Barraud (@C_Barraud) October 19, 2020

⚠ Top 10 Macro/Financial Charts of the Week – w42 ⚠

HT @zerohedge, @Callum_Thomas, @sentimentrader, @MacroCharts, @charliebilello, @fwred, @RencapManhttps://t.co/txpBUsAPwd

— Christophe Barraud (@C_Barraud) October 18, 2020

Federal Reserve debates tougher regulation to prevent asset bubbles – FThttps://t.co/iUbI5lChUS

— Christophe Barraud (@C_Barraud) October 19, 2020

Some parts of the U.S. economy are coming back strongly while others are still struggling because of the coronavirus pandemic, Federal Reserve Bank of Atlanta President Raphael Bostic says https://t.co/5JkHTbRJQh

— Bloomberg Economics (@economics) October 18, 2020

Pelosi Shifts Deadline If Trump Wants Pre-Election Stimulus – Bloomberghttps://t.co/YRPswXcH8A

— Christophe Barraud (@C_Barraud) October 18, 2020

Pelosi goes off on "unacceptable changes" made by White House on coronavirus testing in stimulus negotiations https://t.co/s7xW5nAhAr pic.twitter.com/AGC50qk5hQ

— The Hill (@thehill) October 19, 2020

Schumer calls McConnell's scheduled coronavirus stimulus vote as "a stunt" https://t.co/v8MiN8fGqu pic.twitter.com/LnO14aB0ql

— The Hill (@thehill) October 19, 2020

Larry Summers says the dollar won’t collapse despite rising federal debt https://t.co/LjJ6SJ6oCG

— Bloomberg Economics (@economics) October 18, 2020

The Canadian government is sticking to its ambitious plans for bringing newcomers into the country, even as borders remain essentially closed https://t.co/oOGXxRcly3

— Bloomberg Economics (@economics) October 18, 2020

Asia

#China’s Recovery Boosts World Outlook as Consumers Perk Up – Bloomberg
*Link: https://t.co/ShEd6DHxxO pic.twitter.com/UJ6y4bXArd

— Christophe Barraud (@C_Barraud) October 19, 2020

#China | Latest data confirmed that authories kept supporting economic activity through public spending:

*September Public FAI YTD YoY: +4.0% (highest since Dec. 2019) v +3.2% prior
*September Private FAI YTD YoY: -1.5% v -2.8% prior pic.twitter.com/VLLpQGzoPl

— Christophe Barraud (@C_Barraud) October 19, 2020

#China's central bank head says economy to expand about 2% this year – Reutershttps://t.co/ktWg8lCiN7

— Christophe Barraud (@C_Barraud) October 19, 2020

ICYMI: China reports surge in long-term investment inflows despite talk of decoupling from US #China #china #investing #Investment https://t.co/JRcrJkA7yK pic.twitter.com/zdETQA886G

— SCMP Economy (@scmpeconomy) October 19, 2020

Japan’s exports decrease at a single-digit pace for the first time in 7 months in September, another sign that the pandemic’s impact on global trade is easing https://t.co/xwbgIf6RYj

— Bloomberg Economics (@economics) October 19, 2020

China must loosen capital curbs to boost international use of yuan, says former bank executive, reports ⁦@Lee_AHY#china #china #yuan https://t.co/2WIk1A0F50

— SCMP Economy (@scmpeconomy) October 18, 2020

In a sign of mutual wariness toward China, Japan's Suga expected to seek agreements on stronger defense and manufacturing ties with Vietnam https://t.co/d5cLFJGord

— Bloomberg Economics (@economics) October 19, 2020

Europe

#Europe #Covid_19: Daily Summary (October 19th)

*Focus on #Germany, #Spain, #France and #Italy

HT @FLAHAULT, @ForexLive, @mianrey, @starjoin, @gforestier, @Fabien_L, @Corriere https://t.co/3fWYxC5O8q

— Christophe Barraud (@C_Barraud) October 19, 2020

#Eurozone: Latest Restrictions Linked To #Covid_19 (An Update)
*Daily Summary: https://t.co/3IC6J5lxlbhttps://t.co/yMbqqvdOOn

— Christophe Barraud (@C_Barraud) October 18, 2020

U.K. Could Rewrite Lawbreaking #Brexit Bill as Part of Deal – Bloomberghttps://t.co/ouwpEwYYjj

— Christophe Barraud (@C_Barraud) October 19, 2020

#ECB LAGARDE: SHOULD DISCUSS MAKING RECOVERY FUND PERMANENT TOOL – BBG
*LAGARDE: `EURO IS IRREVERSIBLE'

Interview with Le Mondehttps://t.co/pkLMp9bdeA

— Christophe Barraud (@C_Barraud) October 19, 2020

EU Trade Chief Dombrovskis: See ‘No Basis’ For US Demands That Airbus Pay Back Government Loans – Politico

— LiveSquawk (@LiveSquawk) October 19, 2020

#Armenia, #Azerbaijan Cease-Fire Collapses Within Hours – Bloomberghttps://t.co/C6WYsvd7jv

— Christophe Barraud (@C_Barraud) October 18, 2020

Summary Key Macro Events

British officials are prepared to water down Boris Johnson’s controversial lawbreaking Brexit legislation in a move that could revive failing talks with the European Union, according to people familiar with the matter. The bill begins its progress through the Lords on Monday – Bloomberg (19)

Ireland is set to introduce some of the toughest curbs in Europe in a renewed effort to curb the spread of the coronavirus. The cabinet is due to meet on Monday to finalize the restrictions – Bloomberg (19)

Housing Starts and Building Permits for September (20)

Former French prime minister Edouard Philippe is set to appear before the Covid-19 inquiry on Wednesday. His house was searched by police as part of an investigation into ministers’ handling of the pandemic last week – FT (21)

Christine Lagarde, president of the European Central Bank, is scheduled to host a virtual discussion together with chief economist Philip Lane to speak with civil society organisations about the ECB’s strategic review – FT (21)

A day before rival Apple starts shipping its new 5G-capable iPhone 12, Huawei Technologies will unveil its updated flagship smartphone, the Mate 40 – Nikkei (22)

Existing Home Sales for September (22)

US president Donald Trump is scheduled to face Democratic nominee Joe Biden on Thursday in the last presidential debate before the election on November 3. (22)

Policymakers in Turkey and Israel meet on Thursday, but no change is expected. (22)

Standard & Poors will review its rating on Italy’s sovereign debt on Thursday and UK’s government debt on Friday – FT (22) & (23)

Markit Manufacturing, Services and Composite PMIs for October (23)

Policymakers in Russia meet on Friday, but no change is expected. (23)

 


 

Earnings

IT'S #WEEKLYCOMIC TIME!

⚠️Markets Face Big Test In The Week Ahead As Mega-Cap Tech Earnings Loom

⚠️$NFLX: 10/20
⚠️$TSLA: 10/21
⚠️$GOOGL: 10/26
⚠️$MSFT: 10/27
⚠️$FB: 10/29
⚠️$AAPL: 10/29
⚠️$AMZN: 10/29

https://t.co/GGJDNTBHTC $DIA $SPY $QQQ pic.twitter.com/vDuTdIeFai

— Investing.com (@Investingcom) October 17, 2020

1. Nice: 69% of companies are set to report Q3 earnings over the next two weeks.

h/t @LarryAdamRJ $SPX $SPY pic.twitter.com/o7BFdT6kej

— Callum Thomas (@Callum_Thomas) October 17, 2020

 


 

#China Will Likely Show Covid-19 Recovery Can Be Real: Eco Week – Bloomberghttps://t.co/mpzPa0KtE1

— Christophe Barraud (@C_Barraud) October 18, 2020

Your Week in Asia
— Huawei Mate 40
— Suga in Vietnam
— Tesla resultshttps://t.co/Ii42nX9GpM

— Nikkei Asia (@NikkeiAsia) October 18, 2020

Coronavirus, Netflix results, China growth data https://t.co/OiRySjEF1F

— FT Economics (@fteconomics) October 18, 2020

U.K. Could Rewrite Lawbreaking #Brexit Bill as Part of Deal – Bloomberghttps://t.co/ouwpEwYYjj

— Christophe Barraud (@C_Barraud) October 19, 2020

#Ireland Readies Some of Europe’s Toughest Virus Curbs – Bloomberghttps://t.co/YI1lzgyp28

— Christophe Barraud (@C_Barraud) October 19, 2020

 


 

Focus on Economic Calendar

U.S. ECONOMIC DATA THIS WEEK:

*BUILDING PERMITS (TUES.)
*HOUSING STARTS (TUES.)
*JOBLESS CLAIMS (THURS.)
*EXISTING HOME SALES (THURS.)
*MANUFACTURING PMI (FRI.)
*SERVICES PMI (FRI.)

⚠️TRACK THE DATA IN REAL-TIME: https://t.co/zssQozcKnb$DIA $SPY $QQQ $VIX pic.twitter.com/imbkJMKDJj

— Investing.com (@Investingcom) October 18, 2020

Schedule for Week of October 18, 2020 https://t.co/8wON6z1phe The key economic reports this week are September Housing Starts and Existing Home sales.

— Bill McBride (@calculatedrisk) October 17, 2020

 


 

Top 10 Macro/Financial Charts of the Previous Week – w42

⚠ Top 10 Macro/Financial Charts of the Week – w42 ⚠

HT @zerohedge, @Callum_Thomas, @sentimentrader, @MacroCharts, @charliebilello, @fwred, @RencapManhttps://t.co/txpBUsAPwd

— Christophe Barraud (@C_Barraud) October 18, 2020

 

What happened in the World Economy last Week – in charts – w42 (Bloomberg)

What happened in the world economy this week – in charts https://t.co/WDpbpHlkYC

— Bloomberg Economics (@economics) October 17, 2020

Speculators Reverse Big #Nasdaq Short – Bloomberg
*Link: https://t.co/hC0oV5uk3c
*More interesting charts ⚠ https://t.co/UDEomEbB2rpic.twitter.com/HASGXHQc5g

— Christophe Barraud (@C_Barraud) October 19, 2020

Yes, it’s early in earnings season and the sample size is small and most people shouldn’t be thinking this short term anyways. That said, companies beating estimates are beating by a big margin. And the ones missing are getting punished by more than usual. https://t.co/UjChh1Kfrj pic.twitter.com/kGQgRUKjjZ

— Sam Ro (@SamRo) October 19, 2020

#China | Latest data confirmed that authories kept supporting economic activity through public spending:

*September Public FAI YTD YoY: +4.0% (highest since Dec. 2019) v +3.2% prior
*September Private FAI YTD YoY: -1.5% v -2.8% prior pic.twitter.com/VLLpQGzoPl

— Christophe Barraud (@C_Barraud) October 19, 2020

Market focus at IMF-WB meetings
1. China must do more to boost global demand
2. In the US, time to talk taxes and not just debt
3. Dismay at ECB communications given deflation risk
4. Biden administration focus on Euro zone c/a surplus
5. What is "comparability" in EM debt talks? pic.twitter.com/zO53vD6hZ7

— Robin Brooks (@RobinBrooksIIF) October 19, 2020

Global box office revenue pic.twitter.com/vS8bxm7SQb

— zerohedge (@zerohedge) October 19, 2020