Morning Brief – August 6th 2020
Americas
Democrats Press for Concessions With Deadline for Deal Looming – Bloomberghttps://t.co/r8k2H1hszG
— Christophe Barraud (@C_Barraud) August 6, 2020
#WhiteHouse, Democrats remain "trillions of dollars apart" on stimulus talks – Axioshttps://t.co/1K88yDuMFN
— Christophe Barraud (@C_Barraud) August 6, 2020
President #Trump weighs executive order imposing stimulus – Fox Businesshttps://t.co/4FKMt53Bhf
— Christophe Barraud (@C_Barraud) August 6, 2020
Looking at latest U.S. #trade data (goods only), Chinese purchases of U.S. goods improved a bit compared to May. However, using a linear extrapolation, they are still expected to decline in 2020 (compared to 2019), while #PhaseOne deal implies a jump of more than 110%❗ pic.twitter.com/GbqC7WNy9r
— Christophe Barraud (@C_Barraud) August 5, 2020
Biden says #Trump's #China #trade deal is 'failing' badly – Reutershttps://t.co/FJYHR4JriD
— Christophe Barraud (@C_Barraud) August 6, 2020
U.S./China “#PhaseOne” Agreement: Good Luck For The Compliance Review
➡ https://t.co/YvxWnY0MSJ ⚠ pic.twitter.com/tFWnooiZYD— Christophe Barraud (@C_Barraud) August 5, 2020
Pompeo urges cutting ties with Chinese technology companies and apps https://t.co/p0cJX3ULpO
— Bloomberg Next China (@next_china) August 5, 2020
Asia
#China | Xi Jinping sends shock waves with his 2035 manifesto – Nikkeihttps://t.co/mTpqqknR9M
— Christophe Barraud (@C_Barraud) August 6, 2020
#China’s economy could grow more than 4% in the third quarter and over 6% in the fourth quarter, bringing the 2020 growth to around 2%, Ma was quoted by Sina Finance as saying – Reuters
*More details ⬇https://t.co/x8iaRJTmy3— Christophe Barraud (@C_Barraud) August 6, 2020
Philippine economy plunges into recession as GDP contracts 16.5% https://t.co/i3aBJrIer9
— Bloomberg Economics (@economics) August 6, 2020
Tokyo governor to call for restraint in travel during upcoming holidays https://t.co/jlpgDsFJ4U pic.twitter.com/PgNjUsiBdK
— Reuters UK (@ReutersUK) August 6, 2020
Europe
#Coronavirus: #France and #Spain record big rises in cases as French situation 'precarious' – Sky Newshttps://t.co/9tiYGjuFy4
— Christophe Barraud (@C_Barraud) August 6, 2020
#BOE EXPECTS BOND PURCHASES TO FINISH AROUND END 0F 2020 – BBG
— Christophe Barraud (@C_Barraud) August 6, 2020
#GERMANY JUN FACTORY ORDERS M/M: 27.9% (largest ⬆ on record) V 10.1%E; Y/Y: -11.3% V -18.5%E
➡ It confirms that global trade growth (goods) will rebound (in line with other proxies). pic.twitter.com/jU14ROgd5P
— Christophe Barraud (@C_Barraud) August 6, 2020