Daily Archives: November 9, 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 50 per 100,000 inhabitants.

 

Source: European Centre for Disease Prevention and Control (data as of Nov. 8th)

 

#Eurozone: Latest Restrictions Linked To #Covid_19 (An Update)https://t.co/yMbqqvdOOn

— Christophe Barraud (@C_Barraud) November 5, 2020

 

1/21. Nov 09 to Nov 15 – #COVID19 Daily Epidemic Forecasting for 209 countries with new risk maps.
Data: @ECDC_EU or https://t.co/lsAJmfF616 or https://t.co/YgpOxMJcyy

Dashboard: https://t.co/xJNfRM6DJZ

Powered by @ISG_UNIGE & @SDSCdatascience pic.twitter.com/hBihtcc9Lm

— Antoine FLAHAULT (@FLAHAULT) November 8, 2020

 

Germany (data)

Germany reports 13,363 new coronavirus cases in latest update today https://t.co/PWc86UvHzH

— ForexLive (@ForexLive) November 9, 2020

Le "light lockdown" allemand est vraiment très light. D'après les données téléphoniques, la mobilité a juste chuté de 7% depuis le début des mesures lundi. Très loin du confinement de mars (qui n'était d'ailleurs pas vraiment un confinement).https://t.co/Eu857TG7PN pic.twitter.com/1aBCGD94Gw

— Vincent Glad (@vincentglad) November 8, 2020

 

Spain (data)

1/4) ÉVOLUTION DE #COVID19 EN #CATALOGNE, publiée aujourd'hui, 08/11 à 08h34, correspondant hier (3 derniers jours provisoires). Données des 10 derniers jours. Oubreak Risk, CFR, R-eff et décès, descente. Hospitalisation et USI, augmentation. Source : @salutcat pic.twitter.com/CMzhY1vPRu

— Ramon Fornos (@ramonfornose) November 8, 2020

Adicionalmente:
➡️Granada cierre de comercio no esencial.
➡️Cierre perimetral de todos los municipios
➡️Universidades pasan a online.https://t.co/saTtiqIKLj

— ngb padel (@ngbpadel2) November 8, 2020

 

France (data)

Nouveaux cas #COVIDー19 détectés

Source SPF (date de réception des tests)
⬇️38619 cas (-16,57% vs j-7)
⬇️Moyenne à 53344 (41,15% vs j-7)

Source SIDEP (date de prélèvement du test)
Chiffre du 04/11 :
⬇️47830 cas (-14,89% vs j-7)
⬇️Moyenne à 45783 (-0,40% vs j-7) pic.twitter.com/RqQB7H2exG

— Guillaume Saint-Quentin (@starjoin) November 8, 2020

La baisse est encore plus visible à Paris ⤵️ pic.twitter.com/Xan5GcxmXy

— Guillaume Saint-Quentin (@starjoin) November 8, 2020

La régression est assez forte à Paris et dans le Grand Paris même si elle ne se traduit pas encore totalement sur le R calculé à partir des hospitalisations. pic.twitter.com/hqDZAaaZem

— Covid stats (@covid_stat) November 8, 2020

Mise à jour avec les données de la S45 (cette semaine) pic.twitter.com/V0PwP84Rc5

— Germain Forestier (@gforestier) November 8, 2020

Mise à jour avec les données du jour pour les tests (05/11). Seules les données des 02-03-04-05/11 sont disponibles pour la S45 (cette semaine).

Les pb techniques de remontée de tests semblent résolus, reste la prudence à toujours avoir sur les derniers chiffres. pic.twitter.com/uvRXsRLwLo

— Germain Forestier (@gforestier) November 8, 2020

[THREAD]#MétéoCovidFrance du 08 novembre

Hospitalisations

France Métropolitaine :
1805 entrées ⬇️ J-7 (1870)
Moyenne 2827,00 ⬇️ J-1 (2836,29)

DOM :
9 entrées ⬇️ J-7 (13)
Moyenne 21,57 ⬇️ J-1 (22,14)

Graph sur toute la période et les 120 derniers jours

La suite ⤵️ pic.twitter.com/0RgEbUmx62

— Guillaume Saint-Quentin (@starjoin) November 8, 2020

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

30217 Hospitalisations
[+821 ]
12 en hausse
1 stable
5 en baisse

4527 Réanimations
[+117 ]
10 en hausse
4 stable
4 en baisse pic.twitter.com/L8OHWMnTtR

— Fabien_L (@Fabien_L) November 8, 2020

#PrevisionCovid
Nouveaux cas 70 à 89 ans
Entrées à l'hôpital (décalé 10 jours)
Décès (décalé 17j – échelle gauche)

La courbe des décès continue à ralentir dans la lignée des hospitalisations. Ça conforte que le ralentissement est "réel" et non une saturation des places. pic.twitter.com/27V7AYarEB

— Guillaume Saint-Quentin (@starjoin) November 8, 2020

Évolution du nombre de décès par jour en France en 2018, 2019 et 2020 pic.twitter.com/jaavGXLpin

— Germain Forestier (@gforestier) November 8, 2020

 

Italy (data)

Coronavirus in Italia, il bollettino di oggi 8 novembre: 32.616 nuovi casi e 331 morti https://t.co/qxeWEgZtUL

— Corriere della Sera (@Corriere) November 8, 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)

Restrictions

Some of the significant new changes include:
– The entire state being placed under a mask mandate until further notice
– Casual social gatherings being limited to household-only for the next 2 weeks
– All extracurricular activities being temporarily put on hold#utcovid19

— Gov. Gary Herbert (@GovHerbert) November 9, 2020

Declaring a state of emergency because of the recent surge of coronavirus hospitalizations in Utah, Gov. Gary Herbert announced new restrictions, including a statewide mask mandate and limiting social gatherings to people who live in the same household.https://t.co/yMrQv8At6X

— The Salt Lake Tribune (@sltrib) November 9, 2020

 

Regional Data

The US has surpassed 10 million total #coronavirus cases with uncontrollable viral spread in nearly every state. Test positivity—early warning sign—is soaring:

US 9.5%
South Dakota 52.7%
Iowa 46.2%
Kansas 37.1%
Idaho 37%
Wyoming 33.6%
Montana 23.4%

Trump owns this #COVID19 pic.twitter.com/yx8Jed3zmq

— Dena Grayson, MD, PhD (@DrDenaGrayson) November 8, 2020

The test positivity rate in the focus areas under NY's Micro-Cluster strategy is 3.72%.

The statewide positivity rate excluding these focus areas is 2.23%.

We continue to take strong action to respond to outbreaks and to stop the spread.

Mask Up.

— Andrew Cuomo (@NYGovCuomo) November 8, 2020

Oklahoma's 7-day moving average for new cases is at an all-time high, with about 1,961 cases per day. https://t.co/ZLem9fDRgh

— Kassie McClung (@KassieMcClung) November 7, 2020

Coronavirus In Minnesota: Another Daily Record Broken As Nearly 6,000 Test Positive For COVID-19 https://t.co/mStrdEruUk pic.twitter.com/xZrhLpDH8F

— WCCO – CBS Minnesota (@WCCO) November 8, 2020

 

National data (CDC, Covid Tracking Project, Johns Hopkins University, New York Times)

November 8 COVID-19 Test Results; Hospitalizations almost 57,000 https://t.co/iJdLx5JgTJ Over 100,000 positive on a Sunday. Hospitalizations near record. Be safe! pic.twitter.com/zI9UlTCLjI

— Bill McBride (@calculatedrisk) November 9, 2020

This is the largest number of cases ever reported on a Sunday—more than 25k more than last week—despite California not reporting by the time we published this data.

— The COVID Tracking Project (@COVID19Tracking) November 9, 2020

The number of detected cases is rising in every region. While the Midwest is at the highest level in our dataset, the West is also now at the region's highest level yet. pic.twitter.com/7OVCCDjlUJ

— The COVID Tracking Project (@COVID19Tracking) November 9, 2020

 


 

Daily New Confirmed Cases

 

Daily New Confirmed Cases (7-day moving average)

 

Daily New Tests (7-day moving average)

 

Positivity Rates (7-day moving average)

 

Daily New Confirmed Deaths (7-day moving average)

#BOC #BOE #BOJ #ECB #FED | Latest data confirmed #G7 CBs combined balance sheet (BS) kept climbing in October.
*#G7 CBs combined BS has grown by more than $7.5T since February. pic.twitter.com/rY1qi1zYx6

— Christophe Barraud (@C_Barraud) November 5, 2020

Bloomberg proxy of Global Money Supply also skyrocketed from March and kept rising in October pic.twitter.com/REzvE4FRyd

— Christophe Barraud (@C_Barraud) November 5, 2020

What Global #liquidity looks like in 2021. Another big rise fueled by monetization of budget deficits. Go #MMT. Global Liquidity now close to 2x World GDP. 25 years ago it was 1x! pic.twitter.com/PfnoUEQtcb

— CrossBorder Capital (@crossbordercap) November 3, 2020

ICYMI! The #velocity of money vs core #inflation. pic.twitter.com/PMVhviJufo

— jeroen blokland (@jsblokland) November 3, 2020

Zombies in Europe are increasing. pic.twitter.com/DAMoyra036

— jeroen blokland (@jsblokland) November 7, 2020

Futures indicated at 169% market cap to GDP. This accounts for the Q3 GDP bounce. Yesterday's close shows again a record disconnect between asset prices vis a vis the economy. pic.twitter.com/3aw0vl4nJC

— Sven Henrich (@NorthmanTrader) November 5, 2020

When Nasdaq surges but the S&P 500 equal weighted index barely budges?

Only happened two other times in history.

Both in April 2000.
Right at the peak of the tech bubble.

Sound familiar? pic.twitter.com/pUOV6irMVz

— Otavio (Tavi) Costa (@TaviCosta) November 5, 2020

7. The number of firms in the S&P500 with Negative Equity is near an all time high…

h/t @RadicalAdem pic.twitter.com/wfqKLa0XAa

— Callum Thomas (@Callum_Thomas) November 7, 2020

A record 1.2 million people became unemployed for more than 27 weeks in October pic.twitter.com/vnMckRecbS

— zerohedge (@zerohedge) November 6, 2020

Countries affected by the SARS-1 pandemic in 2002-03 appear to have responded to COVID-19 more quickly and effectively with tests and mobility restrictions. https://t.co/aylyx3Clmz pic.twitter.com/yaa2b2sy3D

— St. Louis Fed (@stlouisfed) November 8, 2020

Summary Key Macro Events

Brexit trade-deal talks between the U.K. and EU continue in London Monday with several tricky sticking points remaining – Bloomberg (9)

EU foreign affairs ministers will meet virtually on Monday to discuss the future trade relationship with the US after last week’s presidential election – FT (9)

Joe Biden plans Monday to name a 12-member task force to combat and contain the spread of the coronavirus, sources tell Axios (9)

Chinese President Xi Jinping will attend the Shanghai Cooperation Organization summit hosted by Russia via video link – Nikkei (10)

Tuesday is the EU’s target date for triggering tariffs on as much as $4 billion of U.S. goods in retaliation over illegal aid to Boeing Co. – Bloomberg (10)

The US Supreme Court is on Tuesday expected to hear from a case that is challenging the lawfulness of the Obamacare law – FT (10)

Alibaba, China’s largest e-commerce company, is expected to smash the sales record again at its annual promotion event, known as Singles Day, which ends Wednesday – Nikkei (11)

French president Emmanuel Macron will attend the opening ceremony of the Paris Peace Forum on Thursday – FT (11)

The European Central Bank annual forum kicks off on Wednesday, when policymakers will gather virtually for a two-day event.The bank’s president Christine Lagarde will deliver a welcome address to the forum on Wednesday – FT (11)

ECB President Christine Lagarde, BOE Governor Andrew Bailey and Fed Chair Jerome Powell are among the speakers Thursday at an online ECB Forum entitled “Central Banks in a Shifting World” (12)

CPI for October (12)

Finance ministers and central bankers from the Group of 20 hold an extraordinary meeting Friday to discuss bolder action to help poor nations struggling to repay their debts. (13)

PPI for October (13)

 


 

Earnings

*Wall Street’s Q3 Earnings Season Continues This Week.

*Results Are Due From:

-McDonald’s
-Walt Disney
-Cisco
-Beyond Meat
-Lyft
-DraftKings
-Palantir
-Nikola Motor
-WorkHorse
-DataDog
-CyberArk
-Lemonade
-Canopy Growth
-Tilray
-Aurora Cannabis
-Plug Power
-NovaVax
-BioNTech pic.twitter.com/pFpUs8euOy

— Investing.com (@Investingcom) November 8, 2020

 


 

Previews

#China Shows the Payoff From Curbing the Virus: Eco Week Ahead
*#ECB holds virtual forum, U.K. reports third-quarter GDP data
*Link: https://t.co/lFgc2FyQtc pic.twitter.com/bG8tYzvVti

— Christophe Barraud (@C_Barraud) November 8, 2020

Biden wins election, SoftBank earnings, US inflation data https://t.co/UKbbZCPEdz

— FT Economics (@fteconomics) November 8, 2020

Your Week in Asia
— ASEAN Summit online
— Sony PlayStation 5
— China Singles Dayhttps://t.co/KEx4mL6UnI

— Nikkei Asia (@NikkeiAsia) November 8, 2020

⚠️MARKETS WEEK AHEAD:

– POLITICAL HEADLINES
– FED SPEAKERS
$MCD $DIS $BYND EARNINGS

⚠️ @JESSECOHENINV BREAKS DOWN WHAT TO WATCH ON WALL STREET THIS WEEK $DIA $SPY $QQQ $VIX pic.twitter.com/t59COqOrC0

— Investing.com (@Investingcom) November 8, 2020

FED SPEECHES THIS WEEK:

*FOMC MEMBER MESTER (MON. 1:30PM)
*FOMC MEMBER BRAINARD (TUES. 5:00AM)
*FOMC MEMBER KAPLAN (TUES. 12:00PM)
*FOMC MEMBER QUARLES (TUES. 2:00PM)
*FED CHAIR POWELL (THURS. 11:45AM)

⚠️https://t.co/AmVMcvVtCV$DIA $SPY $QQQ $VIX pic.twitter.com/vabd2SSZMy

— Investing.com (@Investingcom) November 8, 2020

#Biden to announce COVID-19 task force Monday – Axioshttps://t.co/rJ2WkQd09O

— Christophe Barraud (@C_Barraud) November 7, 2020

UK sees goodwill for Brexit trade deal, open to 'sensible' fishing compromise https://t.co/5LnulwlXlb pic.twitter.com/otQHXSHH9p

— Reuters Business (@ReutersBiz) November 9, 2020

#Germany Considers Delaying a $4 Billion Tariff Strike on the U.S. – Bloomberghttps://t.co/9kcOFnwvJS

— Christophe Barraud (@C_Barraud) November 9, 2020

 


 

Focus on Economic Calendar

Schedule for Week of November 8, 2020 https://t.co/XguYRvTvj1 The key economic report this week is October CPI.

— Bill McBride (@calculatedrisk) November 7, 2020

 


 

Top 10 Macro/Financial Charts of the Previous Week – w45

⚠ Top 10 Macro/Financial Charts of the Week – w45 ⚠

HT @crossbordercap, @jsblokland, @NorthmanTrader, @TaviCosta, @Callum_Thomas, @zerohedge, @stlouisfedhttps://t.co/J9BgKYfmzr

— Christophe Barraud (@C_Barraud) November 9, 2020

 

What happened in the World Economy last Week – in charts – w45 (Bloomberg)

The week that was in the global economy, told through charts https://t.co/LDaRx8ix0b

— Bloomberg Economics (@economics) November 6, 2020

Americas

Dow futures rise as part of post-election rally https://t.co/RmJ1mXAqsL pic.twitter.com/IkSxRiU0z0

— The Hill (@thehill) November 9, 2020

United States #Covid_19: Daily Summary (November 9th)
*Focus on restrictions, regional & national data

HT @calculatedrisk, @COVID19Tracking, @JohnsHopkinshttps://t.co/1hm2dJALoN

— Christophe Barraud (@C_Barraud) November 9, 2020

Biden will call governors, mayors about mask mandate https://t.co/ljkPGJqFtt pic.twitter.com/7J3Bk5vipC

— The Hill (@thehill) November 9, 2020

Biden Poised To Enter White House While Trump Goes To Court

Live Squawk's @Conor_Coops reviews the US election and the potential policy implications#Election2020 https://t.co/dbXlj78w9F pic.twitter.com/ZVhHPeptBa

— LiveSquawk (@LiveSquawk) November 8, 2020

Joe Biden faces a host of challenges that he’ll need to face immediately on Day One. A smooth transition, however low the chances, would be a big help, writes @elerianm (via @bopinion) https://t.co/aTCrqRN2XB

— Bloomberg Economics (@economics) November 9, 2020

Canada ready for talks on aid to airlines, which could include loans https://t.co/x3Gk590EwQ pic.twitter.com/2HOkNKfWk1

— Reuters Business (@ReutersBiz) November 8, 2020

 

Asia

Asian markets rallied on Monday on hopes that the #Election2020 win for Joe Biden will usher in a calmer period of global trade. Read more https://t.co/1WqolLAej1 pic.twitter.com/AzuZqVwqMY

— Reuters Business (@ReutersBiz) November 9, 2020

China’s yuan extends best week since 2017 on Biden’s victory https://t.co/5ABmxgm4JH

— Bloomberg Asia (@BloombergAsia) November 9, 2020

China will disinfect all overseas shipments of cold-chain products to try and avoid any potential transmission of the coronavirus https://t.co/vtm8wXlASa

— Bloomberg Asia (@BloombergAsia) November 9, 2020

Japan manufacturers' less pessimistic in November: Reuters Tankan https://t.co/2CSNoBMsB0 pic.twitter.com/wOwupnypmn

— Reuters (@Reuters) November 9, 2020

Car sales continued to recover in China last month as the coronavirus pandemic eased in the country and electric vehicles won more users https://t.co/mzXfmSNMly

— Bloomberg Economics (@economics) November 9, 2020

#China expects less volatility but tough relations under Joe Biden – FThttps://t.co/t7miyuLI7C

— Christophe Barraud (@C_Barraud) November 9, 2020

 

Europe

Germany considers delaying a $4 billion tariff strike on the U.S.
Grilling by EU lawmakers awaits Lagarde's future ECB colleague
Turkey's economic hierarchy loses two critical figures
Here's a rundown of your top economic news today https://t.co/NpdLNgllcG

— Bloomberg Economics (@economics) November 9, 2020

#Europe #Covid_19: Daily Summary (November 9th)

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

HT @FLAHAULT, @ForexLive, @vincentglad, @ramonfornose, @ngbpadel2, @starjoin, @covid_stat, @gforestier, @Fabien_L, @Corriere https://t.co/s9mCUkMuRG

— Christophe Barraud (@C_Barraud) November 9, 2020

#HUNGARY TO CLOSE GYMS, THEATERS, MUSEUMS AS PART OF NEW STEPS – BBG
*HUNGARY TO EXPAND CURFEW TO 8PM-5AM PERIOD: ORBAN
*HUNGARY IMPOSING VIRUS TIGHTENING MEASURES FOR 30 DAYS: ORBAN

— Christophe Barraud (@C_Barraud) November 9, 2020

Bank of #France Sees Milder Economic Hit From Second Lockdown – Bloomberg
*Bank of France sees activity 12% below normal in November
*Link: https://t.co/Ujs0w1Uy0X

— Christophe Barraud (@C_Barraud) November 9, 2020

UK sees goodwill for Brexit trade deal, open to 'sensible' fishing compromise https://t.co/5LnulwlXlb pic.twitter.com/otQHXSHH9p

— Reuters Business (@ReutersBiz) November 9, 2020

#Germany Considers Delaying a $4 Billion Tariff Strike on the U.S. – Bloomberghttps://t.co/9kcOFnwvJS

— Christophe Barraud (@C_Barraud) November 9, 2020

EU seeks to ‘reboot’ US #trade relationship in post-Trump era – FThttps://t.co/vYwspD4nwX

— Christophe Barraud (@C_Barraud) November 9, 2020

French government is expected to ask European Council to cancel the customs union with Turkey according to Europe 1.

INFORMATION EUROPE 1 – La #France veut proposer de supprimer l’union douanière entre l’UE et la Turquiehttps://t.co/B80JdCNmeC

— Christophe Barraud (@C_Barraud) November 9, 2020

Turkey’s President Erdogan met with former Deputy Prime Minister Nurettin Canikli and the newly appointed central bank Governor Naci Agbal late Sunday to discuss monetary policy https://t.co/CsVJopis1y

— Bloomberg Economics (@economics) November 9, 2020

Germany Trade Balance – Full Report https://t.co/2WQ724e3Lu pic.twitter.com/U3wRBAc4he

— LiveSquawk (@LiveSquawk) November 9, 2020

Eurozone Sentix Investor Confidence – Full Report https://t.co/k3ChURV798 pic.twitter.com/e2KHRNTKlC

— LiveSquawk (@LiveSquawk) November 9, 2020

Largest companies in the S&P 500 by…
Market Cap
Net Income
Revenue
# of Employees

Data via @ycharts pic.twitter.com/zf042t1r7c

— Charlie Bilello (@charliebilello) November 9, 2020

People really were buying the FANGs because they thought they were Covid insurance. NYSE Fang+ is down in absolute terms today, having its worst day relative to the S&P 500 equal-weight since the acronym took hold back in 2015: (more on MLIV @TheTerminal ) pic.twitter.com/OHMBjRj6WQ

— John Authers (@johnauthers) November 9, 2020

The #VIX index virtually halved in the last two weeks! Now at 22, still somewhat above average. pic.twitter.com/zqa8fzYppt

— jeroen blokland (@jsblokland) November 9, 2020

The distribution of returns for the full 4-year presidential cycle, with Dem presidents (diamonds) & Dem presidents with divided governments (blue squares). The gray bars show all elections. On the left: The market’s 4-year CAGR compared to the market’s avg. 10% return. pic.twitter.com/VV6W2w6g5c

— Jurrien Timmer (@TimmerFidelity) November 9, 2020

Divided Governments Are Supposed to Be Good for Stocks. The Data Don’t Support That. https://t.co/HVCHU6dNed pic.twitter.com/oNW5SPcYgq

— Jesse Felder (@jessefelder) November 9, 2020