Morning Brief – February 11th 2021
Americas
WATCH: The S&P 500 and Nasdaq both opened at record highs but soon drifted lower, while the Dow set a new peak during the session https://t.co/afR0uqJoVu pic.twitter.com/AkXhfQXN6z
— Reuters Business (@ReutersBiz) February 11, 2021
WATCH: Fed Chair Jerome Powell said ‘achieving and sustaining maximum employment will require more than supportive monetary policy. It will require a society-wide commitment, with contributions from across government and the private sector’ https://t.co/6nrJexBRy2 pic.twitter.com/ezHrnaItDv
— Reuters Business (@ReutersBiz) February 11, 2021
The ‘#stonk’ #bubble poses significant global risks – FThttps://t.co/jHglDmAQLn
— Christophe Barraud (@C_Barraud) February 11, 2021
Unusual first-day rallies in #SPACs raise bubble concern: ‘Every single one of them has gone up’ – CNBC
*Link: https://t.co/uWuH1w8y28 pic.twitter.com/a1x7Pxxkbo— Christophe Barraud (@C_Barraud) February 11, 2021
#Covid_19: Daily Summary (February 11th)
➡ News
➡ Restrictions
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/48oq2bZ0vI— Christophe Barraud (@C_Barraud) February 11, 2021
Biden, in Call With Xi, Talks of ‘Unfair Economic Practices’ – Bloomberghttps://t.co/D5kj1LfjaO
— Christophe Barraud (@C_Barraud) February 11, 2021
U.S. to look at more restrictions on #tech exports to #China – Reutershttps://t.co/J13w7yd8k5
— Christophe Barraud (@C_Barraud) February 11, 2021
President Biden’s immigration overhaul seeks to allow more skilled foreign workers into the U.S. https://t.co/gYqxEjmiM6
— Bloomberg Economics (@economics) February 11, 2021
Asia
China holds Tencent executive over links to 'personal corruption'.#Tencenthttps://t.co/RHQDE4FvzO
— Nikkei Asia (@NikkeiAsia) February 11, 2021
#Coronavirus latest:
-Global cases exceed 107 million, deaths pass 2.35 million
-WHO panel recommends AstraZeneca's vaccine for all adults over 18
-New cases in the U.S. remain under 100,000 for a third consecutive dayhttps://t.co/ENumPdb8zc— Bloomberg Asia (@BloombergAsia) February 11, 2021
Malaysia's economy contracted 5.6% in 2020, the lowest since the Asian financial crisis https://t.co/Ku6mhS9LoF
— Bloomberg Economics (@economics) February 11, 2021
India’s central bank may have to propose raising interest rates if inflation holds above its target for a third straight quarter https://t.co/PKwrgYS0qy
— Bloomberg Asia (@BloombergAsia) February 11, 2021
Retail investors’ “excessive speculation” in cryptocurrencies may fuel instability in Thailand’s capital markets, according to the country's finance minister https://t.co/l40TOnM7lV
— Bloomberg Economics (@economics) February 11, 2021
Europe
EU rebuffs UK's call to reset ties post Brexit
BOE's rising star Brazier will leave the central bank this year
Paris Club sees private creditor relief varying in G-20 plan
Here's a rundown of your top economic news today https://t.co/Nchjdo6K04— Bloomberg Economics (@economics) February 11, 2021
#Europe #Covid_19: Daily Summary (February 11th)
*Focus on #Germany, #Spain, #France and #Italyhttps://t.co/k6cJHOUbOF
— Christophe Barraud (@C_Barraud) February 11, 2021
#GERMANY | *MERKEL: SOME SCHOOLS COULD OPEN NEXT WEEK, MOST FROM FEB. 22 – BBG
— Christophe Barraud (@C_Barraud) February 11, 2021
German Chancellor Merkel warns aggressive coronavirus mutations will gain the upper hand sooner or later https://t.co/eaXyBYXKsV
— Bloomberg Economics (@economics) February 11, 2021
European Economic Forecasts
*Link: https://t.co/3X9wnTngTH pic.twitter.com/r72Mq9KykE— Christophe Barraud (@C_Barraud) February 11, 2021
Exclusive: EU faces bankruptcies and bad loans as COVID-19 help for firms ends – EU document https://t.co/gr2g8omoS4 pic.twitter.com/oy0a0MwqEv
— Reuters Business (@ReutersBiz) February 11, 2021
*VILLEROY: NEW FRONTIER FOR #ECB IS GREENING MONETARY POLICY – BBG
*VILLEROY: ACCOUNTING FOR CLIMATE CHANGE IS IMPERATIVE FOR ECB
*VILLEROY: ECB BALANCE SHEET GREENING DOESN'T MEAN MORE EASING— Christophe Barraud (@C_Barraud) February 11, 2021
#ITALY BOND AUCTION SEES HIGHEST DEMAND FOR 3-YR SINCE FEB. 2019 – BBG
— Christophe Barraud (@C_Barraud) February 11, 2021
#Amsterdam ousts London as #Europe’s top share trading hub – FT
*Link: https://t.co/8qJO6JvlKU pic.twitter.com/gPEKj9xaE6— Christophe Barraud (@C_Barraud) February 11, 2021
*Most Read:
US Growth Will Exceed Expectations In 2021
Week Ahead – w6 (2021)