Morning Brief – February 19th 2021
Americas
WATCH: Stocks on Wall Street closed lower as investors shifted out of big technology names, while an unexpected rise in weekly U.S. jobless claims pointed to a fragile recovery in the labor market https://t.co/6oZapdxByo pic.twitter.com/A1CKZJH9rx
— Reuters Business (@ReutersBiz) February 19, 2021
#Covid_19: Daily Summary (February 19th)
➡ News
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/RKWRUkxREK— Christophe Barraud (@C_Barraud) February 19, 2021
Treasury Secretary Janet Yellen makes push for major stimulus, sees bigger risk to not doing enough – CNBC https://t.co/j1cwFtVWXH
— Christophe Barraud (@C_Barraud) February 19, 2021
Senior Democratic officials have discussed proposing as much as $3 trillion in new spending as part of what they envision as a wide-ranging jobs and infrastructure package – Washington Posthttps://t.co/6j9qF4reFh
— Christophe Barraud (@C_Barraud) February 19, 2021
U.S. Expected to Leave Germans Out of Next Nord Stream Sanctions – Bloomberghttps://t.co/Lf80kGFI7O
— Christophe Barraud (@C_Barraud) February 19, 2021
U.S. Says It’s Willing to Meet With #Iran to Restore Nuclear Deal – Bloomberghttps://t.co/zEM4SzZyQZ
— Christophe Barraud (@C_Barraud) February 19, 2021
Biden's message to G7, Munich events: Allies should work together on China challenge https://t.co/6t4bbdFiEM pic.twitter.com/oUFdqEra1D
— Reuters Business (@ReutersBiz) February 19, 2021
Asia
-U.S. futures ⬇️
-Stocks fall in Japan, Australia and Hong Kong
-Japan’s 10-year sovereign bond yield rises to the highest in more than two years
-Oil declines 1.7% to $59.50
-Gold ⬇️https://t.co/yY2H0tkFxB pic.twitter.com/IyQ4kR2UVB— Bloomberg Asia (@BloombergAsia) February 19, 2021
Jibun Bank #Japan Feb. Flash Services PMI 45.8 vs 46.1 in Jan. (lowest reading since Aug. 2020 and 13th consecutive month of contraction)
*Feb. Flash Mfg PMI 50.6 vs 49.8 in Jan. (highest reading since Dec. 2018)
*Link: https://t.co/goTzqBrS27 pic.twitter.com/RTBdSA6jf6— Christophe Barraud (@C_Barraud) February 19, 2021
Declines in Japan’s key inflation gauge eased in January after the government suspended a tourism discount program that has hit prices for months https://t.co/U6LiAI5Fm2
— Bloomberg Economics (@economics) February 19, 2021
Japan’s government cuts its assessment of the economy for the first time in 10 months https://t.co/SDB6SiY20c
— Bloomberg Economics (@economics) February 19, 2021
Australia’s economic recovery will build in the coming months as the jobs market recovers and banks continue to wind back pandemic-era provisions, says Commonwealth Bank of Australia's CEO https://t.co/KfVy02ZkTk
— Bloomberg Asia (@BloombergAsia) February 19, 2021
The People’s Bank of #China will maintain a “neutral” monetary policy stance, which is “neither tight or loose” in the near-term, the China Securities Journal said in front-page commentary Friday.
*Link (Chinese): https://t.co/p4WluKQXMl— Christophe Barraud (@C_Barraud) February 19, 2021
#China Considers Lifting Birth Restrictions in Northeast Regions – Bloomberg
*Statement (Chinese): https://t.co/iQOL8sQXhdhttps://t.co/ybHEGCQWJH— Christophe Barraud (@C_Barraud) February 19, 2021
#CHINA MAY BAN RARE EARTH #TECHNOLOGY EXPORTS ON SECURITY CONCERN – BBG
China may ban the export of rare-earths refining technology to countries or companies it deems as a threat on state security concerns, according to a person familiar with the matter – Bloomberg
— Christophe Barraud (@C_Barraud) February 19, 2021
Europe
ECB is said to weigh disclosing climate risk in bond programs
Spain counts on citizens to buy into a revolution for pensions
UK risks jobless recovery from the Covid crisis, BOE's Saunders says
Here's a rundown of your top economic news today https://t.co/s27dUGyaPW— Bloomberg Economics (@economics) February 19, 2021
#Europe #Covid_19: Daily Summary (February 19th)
*Focus on #Germany, #Spain, #France and #Italyhttps://t.co/CIECHoX4No
— Christophe Barraud (@C_Barraud) February 19, 2021
#France #Covid_19 (2) | 2/ La vague de froid qui a frappé le pays (et la plupart de l’Europe) va commencer à se matérialiser dans les chiffres.https://t.co/PpUoHrkGXC
— Christophe Barraud (@C_Barraud) February 19, 2021
#France #Covid_19 (4) | Les données des 2/3 prochaines semaines seront capitales pour juger de l’efficacité de la stratégie vaccinale sur les hospitalisations (et donc d'une potentielle décorrélation entre nouveaux cas confirmés et hospitalisations).
— Christophe Barraud (@C_Barraud) February 19, 2021
*EURO-AREA FEB. #MANUFACTURING PMI 57.7 (36-month high); FORECAST 54.3 – BBG
*EURO-AREA FEB. SERVICES PMI FALLS TO 44.7 (3-month low); FORECAST 45.9
*EURO-AREA FEB. COMPOSITE PMI RISES TO 48.1 (2-month high); FORECAST 48
*Link: https://t.co/xldJ8LW1BP pic.twitter.com/2H3q0YHqxD— Christophe Barraud (@C_Barraud) February 19, 2021
#Brexit Supply Chain Friction Persists in Blow to #Manufacturing – Bloomberg
*More than half of firms reporting lower exports blame Brexithttps://t.co/g0ClgAZdJJ— Christophe Barraud (@C_Barraud) February 19, 2021
Two thirds of the investment frauds reported to Austria’s finance regulator were related to crypto and digital currencies trading products https://t.co/5orJTLzLER
— Bloomberg Asia (@BloombergAsia) February 19, 2021
*Most Read:
US Growth Will Exceed Expectations In 2021
US Retail Sales Smashed Expectations In January
US Home Prices Rose At The Fastest Pace On Record