Markets
The S&P 500 touched a fresh record high near the 4,000 point mark as investors anticipated more stimulus. Read more here: https://t.co/SjyA5U02Ql pic.twitter.com/iXDKNRMTId
— Reuters Business (@ReutersBiz) April 1, 2021
Janet Yellen signals that Biden’s council of financial regulators will have a sharpened focus on hedge funds and whether their trading and leverage poses dangers to the markets https://t.co/1sJxyTjfpt
— Bloomberg Economics (@economics) March 31, 2021
Economic indicators
U.S. private employers in March added the most jobs in six months https://t.co/eI1jKme5xU
— Bloomberg Economics (@economics) March 31, 2021
#Housing | US #Mortgage #Refinancing Index Crashed To A 10-Month Lowhttps://t.co/Z6xfyAYYHc
— Christophe Barraud (@C_Barraud) March 31, 2021
Pending Home Sales Crash In February; Weather, Rates, Inventory Blamed https://t.co/WMvphMFbqC
— zerohedge (@zerohedge) March 31, 2021
JPMorgan Chase card-spending data, updated thru March 27.
Don’t @ me. pic.twitter.com/Y4PKkyMEni
— Carl Quintanilla (@carlquintanilla) March 31, 2021
Fiscal Policy
Corporations have been approved to receive $14 billion in tax refunds from the IRS thanks to a hotly debated pandemic tax break https://t.co/gh2SPDat1n
— Bloomberg Economics (@economics) March 31, 2021
Infrastructure Plan: White House Statements and Comments
Biden infrastructure plan could be big boost for blue-collar America https://t.co/erppFpHs4F pic.twitter.com/nVudcH8JKk
— Reuters (@Reuters) March 31, 2021
*Focusing on new taxes:
– "actually stop the race to the bottom of profit-shifting to tax havens by setting the corporate rate at 28 percent"
– by strengthening a global minimum tax and raising the rate to 21 percent— Christophe Barraud (@C_Barraud) March 31, 2021
FACT SHEET: The American Jobs Plan – WH Statementhttps://t.co/Yx9wDnJteZ
— Christophe Barraud (@C_Barraud) March 31, 2021
Most of economists, analysts, reporters don't understand that #geopolitics is a key argument behind this plan.
➡ Therefore, counter-arguments like potential inflation, overheating matter less than they think.
— Christophe Barraud (@C_Barraud) March 31, 2021
In other words, the probability of implementing an #infrastructure plan in the U.S. is clearly underpriced.https://t.co/L3BVcgvF5i
— Christophe Barraud (@C_Barraud) March 31, 2021
Geopolitics and Trade
#Biden Signals Continued #Beijing Tension Over Industrial Policy – Bloomberghttps://t.co/xKET9kOrBu
— Christophe Barraud (@C_Barraud) April 1, 2021
Report calls out #China over 'harmful trade practices' – Politicohttps://t.co/5S47ClP0PC
— Christophe Barraud (@C_Barraud) April 1, 2021
#CHINA: U.S. ACCUSATIONS ABOUT INDUSTRIAL POLICIES GROUNDLESS – BBGhttps://t.co/3tBlqi6dAW
— Christophe Barraud (@C_Barraud) April 1, 2021
#G7 trade ministers agree to develop collective action on 'harmful industrial subsidies' – Politicohttps://t.co/MbC8ZydWWD
— Christophe Barraud (@C_Barraud) April 1, 2021
Congress Weighs Countering #China on #Chips as Cost Makes #GOP Wary – Bloomberghttps://t.co/woscy8X3xk
— Christophe Barraud (@C_Barraud) April 1, 2021
#Biden Calls for $50 Billion to Boost U.S. #Chip Industry – WSJhttps://t.co/aRAqGp8SCE
— Christophe Barraud (@C_Barraud) April 1, 2021
The Biden administration has concluded that Hong Kong should not receive preferential treatment under US law after Beijing cracked down on the pro-democracy movement and undermined autonomy in the territory https://t.co/zQWziBH3yt
— Financial Times (@FinancialTimes) March 31, 2021
U.S. Seeks to Revive #Iran Talks by Working Through Allies – Bloomberghttps://t.co/J7LtmIwo1L
— Christophe Barraud (@C_Barraud) April 1, 2021
Covid-19
#Covid_19: Daily Summary (April 1st)
➡ News
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/fCBYzFZ648— Christophe Barraud (@C_Barraud) April 1, 2021
March 2021: A steady increase of COVID-19 cases in Canada with latest 7-day average >5100 new cases per day.
The last day that the 7-day average was >5K cases was January 27th
Strong public health measures and individual precautions must be sustained where COVID-19 is circulating pic.twitter.com/VNgW5933Ak— Kings County REMC #KingsREMO (@REMO_KingsCty) April 1, 2021
Canada's Ontario To Be Under Lockdown For 28 Days – CBC https://t.co/heXACsQ5py
— LiveSquawk (@LiveSquawk) April 1, 2021
Markets
-Japan, Australia, Hong Kong, China and South Korea stocks rise
-Oil rises to $59
-Gold ⬆️
-Australia’s 10-year bond yield rises to 1.85%https://t.co/KxD40AebKt— Bloomberg Asia (@BloombergAsia) April 1, 2021
Economic indicators
#Japan business mood turns positive in Q1 amid pandemic -BOJ tankan – Reutershttps://t.co/uv9nrt7E6f
— Christophe Barraud (@C_Barraud) April 1, 2021
The world’s manufacturing heartland in east Asia is booming as global trade surges amid the recovery from the pandemic https://t.co/7ccY43fSYG
— Bloomberg Economics (@economics) April 1, 2021
China's March factory activity growth lowest in almost a year: Caixin PMI https://t.co/KsODctibH7 pic.twitter.com/dXG006f33V
— Reuters Business (@ReutersBiz) April 1, 2021
Taiwan + Korea manufacturing PMIs look decent pic.twitter.com/GsXLwJ702r
— Callum Thomas (@Callum_Thomas) April 1, 2021
#SouthKorea March Exports Y/Y: +16.6% to $53.8 billion (highest in history for any March) v +9.5% in February
*Average Daily Exports Y/Y: +16.6%❗ v +26.4% in February
➡ Link (Korean): https://t.co/m2fsM5bGZG pic.twitter.com/kqBJRg4XhB— Christophe Barraud (@C_Barraud) April 1, 2021
#Australia #Housing Boom Builds as Prices Soar Most Since 1988 – Bloomberg
*Link: https://t.co/QYo2AsSOvx pic.twitter.com/owDiCSDOb2— Christophe Barraud (@C_Barraud) April 1, 2021
#Singapore Home Price Growth Quickens, Stoking Worries of Curbs – Bloomberg
*Link: https://t.co/vqKRi0epoy pic.twitter.com/UkLqr2Ktlg— Christophe Barraud (@C_Barraud) April 1, 2021
Covid-19
Japanese EcoMin Nishimura: Emergency Response To Prevent Spread Of Covid-19 In Osaka Area From April 5 To May 5
— LiveSquawk (@LiveSquawk) April 1, 2021
COVID PENALTY | Japan's governors in prefectures like Osaka will soon be allowed to order businesses to close or shorten their operating hours — and to fine violators up to 300,000 yen, about $3,000.https://t.co/Mp3aEXAylG
— Nikkei Asia (@NikkeiAsia) April 1, 2021
Coronavirus latest: South Korea to issue digital 'vaccine passport'https://t.co/shnWP4OKRR
— Nikkei Asia (@NikkeiAsia) April 1, 2021
Coronavirus: New Zealand says no pressure to stay quiet on WHO report; Singapore extends cruises to nowhere https://t.co/jfw9VFvcdy
— SCMP News (@SCMPNews) April 1, 2021
Others
#CHINA EXPECTED TO RELEASE E-COMMERCE 5-YEAR PLAN IN 2H: MOFCOM – BBG
— Christophe Barraud (@C_Barraud) April 1, 2021
India announces a borrowing plan largely in line with expectations, a move likely to comfort a bond market facing near-record debt sales https://t.co/wB8pA7dUTB
— Bloomberg Economics (@economics) April 1, 2021
North Korea's Kim renews call for rapid housing construction – KCNA https://t.co/UANq0PZn7m pic.twitter.com/WYzVTp7cxi
— Reuters Business (@ReutersBiz) April 1, 2021
UK firms' cash flows weaken as the economy limps out of lockdown
Lagarde says the market can test ECB resolve as much as it wants
⛴️ WTO sees a rebound for the global economy, goods trade in 2021
Here's a rundown of your top economic news today https://t.co/UjMiFFAmx7— Bloomberg Economics (@economics) April 1, 2021
#Europe #Covid_19: Daily Summary (April 1st)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/GpB5ThFXen
— Christophe Barraud (@C_Barraud) April 1, 2021
Some policymakers are worried the EU's economic measures to fight the pandemic's impact are not enough. But economists say that isn't the problem — the slow vaccination rollout is.
— POLITICOEurope (@POLITICOEurope) March 31, 2021
Eurozone March Final Manufacturing PMI Report – IHS Markit https://t.co/yEmfKpMVna pic.twitter.com/3mvmpgfRVM
— LiveSquawk (@LiveSquawk) April 1, 2021
ECB needs to look past inflation bounce: Lane https://t.co/dEJQLpLXv5 pic.twitter.com/th6DBu1LgX
— Reuters Business (@ReutersBiz) April 1, 2021
U.K. businesses saw their financial position worsen in the first quarter https://t.co/4JnjFhsxCo
— Bloomberg Economics (@economics) April 1, 2021
The Scottish government is exploring raising funds on capital markets for the first time, ahead of elections that could trigger a renewed standoff with the U.K. over independence https://t.co/vq3JIhjt1A
— Bloomberg Economics (@economics) April 1, 2021
#WTO Sees a Rebound for the Global Economy, Goods #Trade in 2021 – Bloomberg
*Link: https://t.co/9SIl5mT0DO pic.twitter.com/6svv88ofW3— Christophe Barraud (@C_Barraud) April 1, 2021
Global Container Throughput Index (to Feb) pic.twitter.com/mPf2H7mlSY
— Callum Thomas (@Callum_Thomas) April 1, 2021
OPEC’s top official warned that oil demand remains fragile as the cartel and its partners headed for talks on whether to prolong their vast production curbs https://t.co/NJUdt1EFRQ
— Bloomberg Asia (@BloombergAsia) April 1, 2021
#OOTT | OPEC+ Hesitates Between Oil Cuts Rollover And Increase – RTRShttps://t.co/DZnTU2x0zb
— LiveSquawk (@LiveSquawk) April 1, 2021
More than 590 million doses have been administered across 141 countries, according to data collected by Bloomberg.
The biggest vaccination campaign in history, tracked in interactive charts https://t.co/ijJscljAAr pic.twitter.com/Q3cQ1Zthpb
— Bloomberg Asia (@BloombergAsia) April 1, 2021
⚠ Week Ahead – w13 (2021) ⚠https://t.co/YdZwlPa0OX
— Christophe Barraud (@C_Barraud) March 29, 2021
U.S. Economic Growth Will Easily Top 6 Percent In 2021
U.S. Real GDP Can Fully Recover From Covid-19 By The End Of 1Q21
U.S. High Frequency Indicators Point To A Sharp Economic Rebound
US Housing Prices Are Overheating Amid Tight Inventory
The Gap Between U.S. and Eurozone Growth Prospects Has Increased