Morning Brief – December 3rd 2020

Americas

United States #Covid_19: Daily Summary (December 3rd)
➡ Regional/national data
➡ Latest Restrictionshttps://t.co/MxYvYmvOzj

— Christophe Barraud (@C_Barraud) December 3, 2020

*#LA MAYOR SAYS CITY IS CLOSE TO ‘DEVASTATING’ TIPPING POINT – BBG
*LA MAYOR ORDERS RESIDENTS TO REMAIN IN THEIR HOMES
*Link: https://t.co/i4Wl78sj8r pic.twitter.com/sF7E5qiAzW

— Christophe Barraud (@C_Barraud) December 3, 2020

Pelosi, Schumer endorse $908 billion plan as basis for stimulus talks https://t.co/NWYLsFrx2L pic.twitter.com/tspPJlKJ19

— The Hill (@thehill) December 3, 2020

The U.S.’s overall economic recovery remained moderate last month, but showed signs of a slowdown in areas where virus cases are particularly high, according to the new Federal Reserve Beige Book survey https://t.co/20eyE0UVsN

— Bloomberg Economics (@economics) December 2, 2020

Dallas Fed President Kaplan says guidance will be needed on asset purchases and central bank should be thinking about conditions for tapering bond buys https://t.co/aU9OoIsH4J

— WSJ Markets (@WSJmarkets) December 2, 2020

House Approves Restrictions on Chinese Firms Listing in U.S. – Bloomberghttps://t.co/1iRhfNvb8s

— Christophe Barraud (@C_Barraud) December 3, 2020

U.S. bans cotton imports from #China producer XPCC citing #Xinjiang ‘slave labor’ – Reutershttps://t.co/lWda4SspQw

— Christophe Barraud (@C_Barraud) December 3, 2020

U.S. Tightens Visa Rules for Chinese Communist Party Members – NYThttps://t.co/GA7CfePyoM

— Christophe Barraud (@C_Barraud) December 3, 2020

U.S. states plan to sue Facebook next week – sources – Reutershttps://t.co/vGxqtivRbW

— Christophe Barraud (@C_Barraud) December 3, 2020

Asia

Follow our live updates on the coronavirus here:
— The Philippines’ jobless rate eased to 8.7% in October
— South Korea confirms 540 new cases
— Qantas Airways says its outlook has improved significantly since Australia reopened state bordershttps://t.co/cZ0Oa7fDuL

— Nikkei Asia (@NikkeiAsia) December 3, 2020

China’s Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, rose to 57.8 in November from 56.8 in October #China #china #Services #PMI https://t.co/8lsnGzkg8z pic.twitter.com/qqycSWsxW7

— SCMP Economy (@scmpeconomy) December 3, 2020

#CHINA COMMERCE MINISTRY SAYS CHINA’S TEMPORARY ANTI-DUMPING MEASURES ON WINE IMPORTS FROM #AUSTRALIA WILL LAST UP TO FOUR MONTHS, UNDER SPECIAL CIRCUMSTANCES CAN BE EXTENDED TO NINE MONTHS – RTRS

— Christophe Barraud (@C_Barraud) December 3, 2020

China’s economy isn’t ready yet for monetary policy tightening, a former central bank official said https://t.co/wRLFjdLTxN

— Bloomberg Asia (@BloombergAsia) December 3, 2020

Vietnam asked China to end its tourism activities on the disputed Spratly and Paracel islands https://t.co/U7Lb4jZyqC

— Bloomberg Asia (@BloombergAsia) December 3, 2020

Europe

#Europe #Covid_19: Daily Summary (December 3rd)

*Focus on #Germany, #Spain, #France and #Italy

HT @FLAHAULT, @ForexLive, @ngbpadel2, @mianrey, @ramonfornose, @nicolasberrod, @starjoin, @GuillaumeRozier, @gforestier, @Fabien_L, @Corriere https://t.co/nobIN8U0cE

— Christophe Barraud (@C_Barraud) December 3, 2020

#Eurozone: Latest Restrictions Linked To Covid-19 (An Update) https://t.co/yMbqqvdOOn

— Christophe Barraud (@C_Barraud) December 3, 2020

#EUROZONE NOV. SERVICES PMI 41.7; PRELIM 41.3
*NOV. COMPOSITE PMI 45.3; PRELIM 45.1
*Link: https://t.co/EenENK0p7p pic.twitter.com/0jF7GEkZuc

— Christophe Barraud (@C_Barraud) December 3, 2020

#France Floats Veto Threat Over #Brexit Deal as EU Feels Strains – Bloomberghttps://t.co/drQ4njoEjQ

— Christophe Barraud (@C_Barraud) December 3, 2020

U.S., EU Renew Push to Settle #Boeing–#Airbus Subsidy Dispute – Bloomberghttps://t.co/nWw7eOQSEq

— Christophe Barraud (@C_Barraud) December 3, 2020

ECB’s Lagarde doesn’t see a deflation threat in the euro area, but the Bank of Spain isn’t so sure (via @JENeumann) https://t.co/Y7ftl7vPF3

— Bloomberg Economics (@economics) December 3, 2020

#ECB may lift de facto ban on dividends and allow them pay-outs to shareholders of between 15% and 25% of their profit, El Confidencial reports citing people familiar with the matter.https://t.co/bwdwn5Xo3y

— Christophe Barraud (@C_Barraud) December 3, 2020