Morning Brief – April 6th 2021
Americas
Markets
A round of strong economic data pushed stocks higher as the Dow and the S&P 500 closed at record levels. Read more here: https://t.co/7IAYAVbmdo pic.twitter.com/zIANqdqFpC
— Reuters Business (@ReutersBiz) April 6, 2021
Citadel Securities quietly became a major force in U.S. stock markets. But this year it's coming under the spotlight. https://t.co/LLxjcSBqgB
— Bloomberg Asia (@BloombergAsia) April 6, 2021
Fiscal Policy
Yellen Declares End to Trump’s Global Retreat, Eyes Tax Deal – Bloomberghttps://t.co/OR1dyrLPRA
— Christophe Barraud (@C_Barraud) April 6, 2021
Biden Team Seeks Public’s Help to Beat #GOP on Infrastructure – Bloomberghttps://t.co/oIe7744Si1
— Christophe Barraud (@C_Barraud) April 6, 2021
U.S. Senate parliamentarian says Democrats can use reconciliation to pass more bills – Reutershttps://t.co/j29Rndhqlf
— Christophe Barraud (@C_Barraud) April 6, 2021
Manchin Balks at Biden’s Corporate Tax Increase, Favors 25% Rate – Bloomberghttps://t.co/4fo3ITgjyd
— Christophe Barraud (@C_Barraud) April 6, 2021
Tech and drug companies risk losing many of the tax-planning tools that allowed them to pay low rates for years https://t.co/OnezWuLoOz
— Bloomberg Economics (@economics) April 6, 2021
Geopolitics and Trade
The other countries will essentially have to whisper in the ear of Iran and the U.S. and pass notes between them https://t.co/mRvxSxuYhl
— Bloomberg Asia (@BloombergAsia) April 6, 2021
Covid-19
#Biden set to announce he's moving deadline for all US adults to be eligible for #Covid vaccine to April 19 – CNNhttps://t.co/Wqycgnbh1Q
— Christophe Barraud (@C_Barraud) April 6, 2021
Asia
Covid-19
Coronavirus latest: Air New Zealand and Qantas to ramp up flights
Follow the latest COVID-19 news on Nikkei Asia's free blog.#COVID #coronavirus #vaccinehttps://t.co/kZEB3TG185
— Nikkei Asia (@NikkeiAsia) April 6, 2021
#China ‘could start easing international travel restrictions by next spring’ if it hits coronavirus vaccination targets – SCMPhttps://t.co/oKYFmwsM9W
— Christophe Barraud (@C_Barraud) April 6, 2021
As hospitals in the Philippine capital reach capacity from a new surge of coronavirus cases, increasingly desperate Filipinos are stocking up on oxygen tanks and touting unapproved medications on fears the health care system may collapse https://t.co/8PTN89ROwO
— Bloomberg Asia (@BloombergAsia) April 6, 2021
Australia and New Zealand will open a quarantine-free travel corridor on April 19 https://t.co/useJqtY1bw
— Bloomberg Asia (@BloombergAsia) April 6, 2021
Other News
The Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, and the parameters of the Term Funding Facility and bond purchase program – https://t.co/UG3Lh1wX4a pic.twitter.com/xFVYgxKQWq
— RBA (@RBAInfo) April 6, 2021
Australia’s central bank keeps its key policy instruments unchanged following the cooling of a global bond selloff and as the impact of record-low interest rates on asset markets comes into focus https://t.co/28KWE7c0Iu
— Bloomberg Asia (@BloombergAsia) April 6, 2021
#China’s railroad, highway, waterway, and airlines are estimated to have handled 144.52 million passengers during the Qingming holiday, an increase of 142.4% over the same period last year, the Ministry of Transport said.
— Christophe Barraud (@C_Barraud) April 6, 2021
#China Asks Banks to Curtail Credit for Rest of Year – Bloomberghttps://t.co/246u9ORJe4
— Christophe Barraud (@C_Barraud) April 6, 2021
Bank of #Japan estimates serious impact of rate cut on regional financial firms – The Mainichihttps://t.co/wClF1HD8uV
— Christophe Barraud (@C_Barraud) April 6, 2021
Here are four charts explaining why President Moon Jae-in's party is projected to lose in crucial Seoul mayoral by-elections tomorrow. In a nutshell, wealth inequality caused by a property bubble is fueling public anger. https://t.co/rVlr6qLtiz pic.twitter.com/HjdarglbHZ
— Sam Kim (@samkimasia) April 6, 2021
Chinese embassy condemns erroneous editorial by Indian media, saying it challenges China’s bottom line. @timesofindia claimed “cooperation with Taipei makes strategic sense for New Delhi” when Beijing clearly doesn’t respect “One India.” https://t.co/C3V97AOD0K
— Global Times (@globaltimesnews) April 6, 2021
UPDATE | North Korea withdrawal crushes hopes for diplomatic talks in Tokyo#Tokyo2020https://t.co/HpzzBgWiwW
— Nikkei Asia (@NikkeiAsia) April 6, 2021
Europe
Covid-19
EU Projects Near-Virus Immunity by End-June, Beating Its Target – Bloomberg
*Link: https://t.co/it7AvB6PQD pic.twitter.com/hufdohRZ0b— Christophe Barraud (@C_Barraud) April 6, 2021
$AZN | EMA: Link Between AstraZeneca Vaccine And Rare Thrombosis Cases. Women Under 50 At Risk – Messagero
https://t.co/zHB6J0riSW— LiveSquawk (@LiveSquawk) April 6, 2021
UK Prime Minister Boris Johnson is on course for a battle with members of Parliament over plans to introduce vaccine passports https://t.co/odly8APrkK
— Bloomberg Economics (@economics) April 6, 2021
Other News
*SCHOLZ SEES YELLEN PLAN AS TURNAROUND IN RACE TO BOTTOM ON TAX – BBG
— Christophe Barraud (@C_Barraud) April 6, 2021
Investor expectations in the euro area’s economic recovery climb to a record amid bets that accelerating vaccinations will allow for an easing of coronavirus restrictions https://t.co/imYIgkIjp3
— Bloomberg Economics (@economics) April 6, 2021
Eurozone February Unemployment Rate Report – Eurostathttps://t.co/cUQ1FDVnSn pic.twitter.com/LRSenjKHYn
— LiveSquawk (@LiveSquawk) April 6, 2021
Italian and French banks revive ‘doom loop’ fears with bond buying – FT
*Link: https://t.co/LWcZeN3BID pic.twitter.com/IN1i1GSbgL— Christophe Barraud (@C_Barraud) April 6, 2021
Other Areas & Global Economy
The Fed is making Wall Street forecasters pay attention to Black unemployment
G-20 likely to extend debt-suspension plan
️ Toronto home price surge tops 20%
Here's a rundown of your top economic news today https://t.co/yyYbo5hzU5— Bloomberg Economics (@economics) April 6, 2021
There seems to be a slowdown of traffic at the #Suez Canal again, as another ship, the #Rumford, is facing difficulties there.
We are waiting on details but as you can see from our Playback video, tugs in the area rushed to help the #tanker. #SuezLiveonMT pic.twitter.com/f5AGcG8vHG— MarineTraffic (@MarineTraffic) April 6, 2021
Iran and world powers began their most serious attempt yet to resurrect a troubled nuclear deal https://t.co/aRrvCinRke
— Bloomberg Asia (@BloombergAsia) April 6, 2021
Week Ahead
⚠ Week Ahead – w14 (2021) ⚠https://t.co/WdHPYp1tnx
— Christophe Barraud (@C_Barraud) April 5, 2021
Most Read
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