Morning Brief – April 2nd 2021
Americas
Markets
The S&P 500 closed above 4,000 for the first time in history, lifted by gains in tech shares and investors’ optimism about the economy’s recovery. Read more here: https://t.co/8Fi6bt1Lww pic.twitter.com/AvGarf4de8
— Reuters Business (@ReutersBiz) April 2, 2021
Dollar heads for third weekly gain as payrolls data looms https://t.co/eyqOXFlcnO pic.twitter.com/EbYW7YHzyx
— Reuters Business (@ReutersBiz) April 2, 2021
Economic indicators
U.S. #Manufacturing Surges Most Since 1983, Underscoring Rebound – Bloomberg
*Link: https://t.co/afhjZOnfek pic.twitter.com/4q4j93amZ1— Christophe Barraud (@C_Barraud) April 1, 2021
U.S. Small-Business Job Openings Rise to Record in March – Bloomberg
*Link: https://t.co/FXVXLTcs6M pic.twitter.com/HQxPHoQNCT— Christophe Barraud (@C_Barraud) April 2, 2021
US New Vehicle Sales for March Smashed Expectationshttps://t.co/9w3vkIIZcj
— Christophe Barraud (@C_Barraud) April 2, 2021
⚠ US March Employment Preview – NFP ⚠https://t.co/ayrJJTZFUv
— Christophe Barraud (@C_Barraud) April 1, 2021
Fiscal Policy
McConnell says #GOP won’t support Biden’s infrastructure plan, vows to fight Democratic agenda – CNBChttps://t.co/o0oaTKFyZS
— Christophe Barraud (@C_Barraud) April 2, 2021
U.S. House tax chief offers partial support for #Biden #infrastructure tax plan – Reutershttps://t.co/Q93sKN0dqP
— Christophe Barraud (@C_Barraud) April 2, 2021
Geopolitics and Trade
#OOTT | #Iran, #China and #EU to Discuss a U.S. Return to Nuclear Deal – Bloomberghttps://t.co/0iDCeNzwcs
— Christophe Barraud (@C_Barraud) April 2, 2021
U.S. Trade Representative Katherine Tai raised concerns about Vietnam’s currency practices during a virtual meeting with the country’s trade minister https://t.co/vSBVb2ubx5
— Bloomberg Economics (@economics) April 2, 2021
Covid-19
#Covid_19: Daily Summary (April 2nd)
➡ News
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/vauyCRfUUx— Christophe Barraud (@C_Barraud) April 2, 2021
Asia
Japan gathering information on Nomura, MUFG losses linked to U.S. client https://t.co/Vpxi9cG9bL pic.twitter.com/YtPkWZufrq
— Reuters Business (@ReutersBiz) April 2, 2021
#China’s New Tax Cuts Add to Local Governments’ Funding Woes – Bloomberg
*Link: https://t.co/lQzkD4alAV pic.twitter.com/ST3L9Nf0X7— Christophe Barraud (@C_Barraud) April 2, 2021
#China’s central bank warns of financial risks, including potential defaults – CNBChttps://t.co/leucZtVSGu
— Christophe Barraud (@C_Barraud) April 2, 2021
Japan’s Suga to be the first foreign leader to meet with Biden https://t.co/4Y6vYfdRCS
— Bloomberg Economics (@economics) April 2, 2021
Malaysia and China agree to mutually recognize each others' vaccine certificates, which would facilitate cross-border movement https://t.co/4BMwZKjmyn
— Bloomberg Asia (@BloombergAsia) April 2, 2021
A top Biden aide will lay out the emerging U.S. strategy toward North Korea in a meeting with his Japanese and South Korean counterparts https://t.co/K0fLOtPDJj
— Bloomberg Asia (@BloombergAsia) April 2, 2021
Europe
#Europe #Covid_19: Daily Summary (April 2nd)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/vyUBM8ztpD
— Christophe Barraud (@C_Barraud) April 2, 2021
British officials are drawing up plans for the tentative return of international travel, but the resurgence of the coronavirus in Europe is forcing government to consider another delay https://t.co/deJOge5KRO
— Bloomberg Economics (@economics) April 1, 2021
European governments are imposing more travel and other restrictions, many for reasons that look more petty and political than sanitary. That’s energy better spent on the best way to exit the crisis: vaccinating people, writes @rob1cox: https://t.co/yGJdXTmoH2 pic.twitter.com/J8LrHBSANf
— ReutersBreakingviews (@Breakingviews) April 1, 2021
Dutch prime minister Mark Rutte survives no-confidence vote https://t.co/didy0V1A8F
— Bloomberg Asia (@BloombergAsia) April 2, 2021
Global Economy
March Global #Manufacturing PMI: 55.0 (a 121-month high and its best reading since February 2011⚠) v 53.9 prior
*New Export Orders: 53.4 (highest since January 2018) v 51.0 prior
*Link: https://t.co/7WBLrL9V5Q pic.twitter.com/4f8XNnyfzV— Christophe Barraud (@C_Barraud) April 1, 2021
The No. 2 official of the IMF is optimistic that the G-20 will agree to extend debt relief to low-income nations through the end of this year https://t.co/ib8cuSrZo1
— Bloomberg Economics (@economics) April 2, 2021
Economies that beat the virus early are now lagging on vaccinations. These are the best and worst places to be during the pandemic. https://t.co/7O7X6JkCYK
— Bloomberg Asia (@BloombergAsia) April 2, 2021
Week Ahead
⚠ Week Ahead – w13 (2021) ⚠https://t.co/YdZwlPa0OX
— Christophe Barraud (@C_Barraud) March 29, 2021
Most Read
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