Morning Brief – February 18th 2021
Americas
The S&P 500 and Nasdaq closed lower led by a slide in shares of technology-related companies as investors rotated out of growth stocks and concerns about inflation pressured some stocks. Read more https://t.co/cDVcXwUShb pic.twitter.com/lkJZ0QQBsx
— Reuters Business (@ReutersBiz) February 18, 2021
Texas energy freeze stretches to sixth day, raises Mexico's ire https://t.co/BXWOvsvot1 pic.twitter.com/RjX3zvsrDj
— Reuters Business (@ReutersBiz) February 18, 2021
#Covid_19: Daily Summary (February 18th)
➡ News
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/SmodYSZcpv— Christophe Barraud (@C_Barraud) February 18, 2021
A surge in retail spending in January shows the power of stimulus checks (via @bopinion) https://t.co/DPzG0VLBVO
— Bloomberg Economics (@economics) February 17, 2021
The U.S. economy is starting to display pockets of price pressures, further stoking the debate over the future path of inflation https://t.co/Yi7zsAct3t
— Bloomberg Asia (@BloombergAsia) February 18, 2021
#Fed Staff Suggest More Worry Over Financial Risk Than Powell – Bloomberghttps://t.co/OdAeKGxKHt
— Christophe Barraud (@C_Barraud) February 18, 2021
What is the real unemployment rate? Not 6.3%.
How can we know? Look around. Millions of people on unemployment benefits. Lines at food banks. Countless workers out of the labor force taking care of families.
This is a long way from full employment.
— Mary C. Daly (@MaryDalyEcon) February 17, 2021
Mounting concern about a global chip shortage flags the possibility that industry faces a supply-chain crunch https://t.co/ii22h5PJMJ
— Bloomberg Economics (@economics) February 18, 2021
Asia
China shares rise on return from holiday, profit-taking hits other markets https://t.co/Rzn825xf5A pic.twitter.com/4jIiH6e4vG
— Reuters Business (@ReutersBiz) February 18, 2021
#China Rolls Over $31 Billion in Medium-Term Loans to Banks – Bloomberghttps://t.co/o3lMVtRhnl
— Christophe Barraud (@C_Barraud) February 18, 2021
#China | Sales at “key” retailers and restaurants during the week-long holiday amounted to 821 billion yuan ($127 billion), an increase of 4.9% from 2019 and up 28.7% from last year, when the economy was in lockdown – Bloomberghttps://t.co/jluqY7XKk9
— Christophe Barraud (@C_Barraud) February 18, 2021
Hong Kong’s unemployment rate rose in January to the highest level in more than 16 years https://t.co/SRWfbqtPon
— Bloomberg Economics (@economics) February 18, 2021
Australian unemployment falls further as recovery gathers pace https://t.co/RNCcjmv2hy
— Bloomberg Economics (@economics) February 18, 2021
Indonesia is finalizing a plan to allow private businesses to fund and distribute Covid-19 vaccines to meet a goal to inoculate more than 180 million people by the end of the year https://t.co/EJMQMTPKnA
— Bloomberg Asia (@BloombergAsia) February 18, 2021
Europe
ECB converges on green policy
EU's new economic weapon is ready for action
About 2.6 million UK workers expect to be fired soon
Here's a rundown of your top economic news todayhttps://t.co/RhubfF2mx6— Bloomberg Economics (@economics) February 18, 2021
#Europe #Covid_19: Daily Summary (February 18th)
*Focus on #Germany, #Spain, #France and #Italyhttps://t.co/QF0ZKIHzil
— Christophe Barraud (@C_Barraud) February 18, 2021
Coronavirus infections in England have fallen “significantly” in recent weeks https://t.co/7oJF0WdWoN
— Bloomberg Asia (@BloombergAsia) February 18, 2021
Germany's Daimler sees 2021 pandemic recovery lifting sales, profits https://t.co/Bl5LI8sl36 pic.twitter.com/Tu5sqMUyi7
— Reuters Business (@ReutersBiz) February 18, 2021
*Most Read:
US Growth Will Exceed Expectations In 2021
US Home Prices Rose At The Fastest Pace On Record
Week Ahead – w7 (2021)