Morning Brief – December 11th 2020
Cryptocurrencies
#XBT | Massachusetts Mutual Life Insurance Co. Joined Other #Bitcoin Institutional Investorshttps://t.co/CvsoSoFZbX
— Christophe Barraud (@C_Barraud) December 11, 2020
Americas
United States #Covid_19: Daily Summary (December 11th)
➡ Regional/national data
➡ Latest Restrictions: #Virginia, #Ohio, #Pennsylvaniahttps://t.co/QjW4qdQunq— Christophe Barraud (@C_Barraud) December 11, 2020
Virginia governor issues stay-at-home order with exceptions only to obtain food, supplies or medical care, or for exercise https://t.co/RVCzxNvbpT pic.twitter.com/9LSGsyHd3S
— The Hill (@thehill) December 11, 2020
U.S. #Covid_19 Relief Talks Hit Snag Over Lawsuit Protections – Bloomberghttps://t.co/p3vnLIAXTx
— Christophe Barraud (@C_Barraud) December 11, 2020
Hawley introducing bill for second round of stimulus checks https://t.co/1GSTqeP375 pic.twitter.com/CzCBQNQ2hg
— The Hill (@thehill) December 11, 2020
Shares of Airbnb rallied more than 100% in the opening moments of its stellar stock market debut, giving the company a $101 billion market value. Read morehttps://reut.rs/3m8ndOB $ABNB pic.twitter.com/xU1YO8t4pd
— Reuters Business (@ReutersBiz) December 11, 2020
Asia
BREAKING | ADB launches a $9-billion coronavirus vaccine fund for member economies to support their procurement and delivering of COVID-19 vaccines. #COVID #vaccinehttps://t.co/Mc0eo07sZj
— Nikkei Asia (@NikkeiAsia) December 11, 2020
South Korea confirms 689 cases — up from 681 a day ago — marking the largest daily rise since February. #SouthKoreahttps://t.co/pB6g0Vs3oS
— Nikkei Asia (@NikkeiAsia) December 11, 2020
The Japanese government has allowed a two-track resumption of travel to and from certain countries and regions through a special measure that loosens coronavirus-related entry restrictions. Find out more here: https://t.co/O8c6lcKc0g pic.twitter.com/3ZRu67pulL
— Nikkei Asia (@NikkeiAsia) December 11, 2020
BOJ likely to extend corporate aid schemes next week: sources https://t.co/ljZbeJyYma pic.twitter.com/8Q7Vkr24Ob
— Reuters Business (@ReutersBiz) December 11, 2020
NZ central bank says monetary policy not best way to cool housing market https://t.co/x7iFe5OFUq pic.twitter.com/nNOPTenLKb
— Reuters Business (@ReutersBiz) December 11, 2020
#SouthKorea December 1-10 Exports Y/Y: +26.9% v +4.0% in November (full month)
*Average Daily Exports Y/Y (1 more business day this year): +11.9% ❗ v +6.3% in November (full month)
*Link (Korean): https://t.co/nhrvEiiucM pic.twitter.com/pzH5ng6asq— Christophe Barraud (@C_Barraud) December 11, 2020
China will strengthen fiscal support in key areas including food, energy, and technology in order to ensure the country’s economic security, the finance minister says https://t.co/yDGn2odYl9
— Bloomberg Economics (@economics) December 11, 2020
#China’s economic vulnerabilities to be focus of 2021 work conference amid strong GDP forecast, analysts say – SCMPhttps://t.co/SOnILBHwAc
— Christophe Barraud (@C_Barraud) December 11, 2020
Sri Lanka’s credit rating was pushed further into junk at S&P Global Ratings https://t.co/ySqY6gvWnT
— Bloomberg Asia (@BloombergAsia) December 11, 2020
Europe
#Europe #Covid_19: Daily Summary (December 11th)
*Focus on #Germany, #Spain, #France and #Italy
HT @FLAHAULT, @ForexLive, @ngbpadel2, @mianrey, @nicolasberrod, @starjoin, @gforestier, @Fabien_L, @Corriere https://t.co/w5GHEOQd2T
— Christophe Barraud (@C_Barraud) December 11, 2020
EU leaders resolved a standoff with Hungary and Poland that had threatened to delay a historic $2.2 trillion budget and stimulus package https://t.co/a401oJOoGa
— Bloomberg Economics (@economics) December 10, 2020
Here’s Why the Stimulus Deal Is Such a Big Deal for #Europe – Bloomberg
*Link: https://t.co/sKi0H3hiyJ pic.twitter.com/eMpt4Brk4i— Christophe Barraud (@C_Barraud) December 11, 2020
Conversations with five sources on or close to the #ECB's Governing Council suggest the Dec. 9-10 meeting was tense and Lane's proposal came close to running aground as policymakers disagreed on the size of the bond purchases and the terms of the subsidised loans to banks. /2
— francesco canepa (@FranCanJourno) December 11, 2020
Johnson’s Appeal for #Brexit Help Frustrated by Summit Deadlock – Bloomberghttps://t.co/1HzyBpWJOy
— Christophe Barraud (@C_Barraud) December 11, 2020
#BREXIT: PROBABILITY OF NO DEAL IS HIGHER THAN OF A DEAL – EU OFFICIAL SAYS EUROPEAN COMMISSION HEAD TOLD EU SUMMIT – RTRS
— Christophe Barraud (@C_Barraud) December 11, 2020
Nine things you need to know about a no-deal #Brexit
*FT writers look at the impact of a failure to agree a trade deal, from sterling to food supplies ⬇https://t.co/mIfKQ8xpmP— Christophe Barraud (@C_Barraud) December 11, 2020
#GERMANY | *#BUNDESBANK SEES 2020 GERMAN CONTRACTION OF -5.5% VS. -7.1% – BBG
*BUNDESBANK SEES 2021 GERMAN GROWTH OF 3% VS. 3.2%
*BUNDESBANK PROJECTIONS ASSUME "SHARP REBOUND" AFTER 1Q 2021
*BUNDESBANK SEES 2022 GERMAN GROWTH OF 4.5% VS. 3.8%— Christophe Barraud (@C_Barraud) December 11, 2020
TOTALLY CRAZY! #Spain's 10y yields drop to 0% for 1st time ever after #ECB gave the markets the explicit message that they will keep borrowing costs as low as possible and that Eurozone bonds are an absolutely safe investment. pic.twitter.com/eicC2jZH4Q
— Holger Zschaepitz (@Schuldensuehner) December 11, 2020