Stocks on Wall Street ended mixed with tech names weighing on both the Nasdaq and S&P 500, while the Dow was able to notch a modest gain. Read more https://t.co/Qk5lxF42Pg pic.twitter.com/vE24McwgaQ
— Reuters Business (@ReutersBiz) February 23, 2021
#Commodities Hit Highest Since 2013 Amid #Inflation Concern – Bloomberg
*Link: https://t.co/pKWu5YP1N9 pic.twitter.com/Jqs2jOXmY0— Christophe Barraud (@C_Barraud) February 23, 2021
The Runway Toward Higher Treasury Yields Looks Free and Clear – Bloomberg
*Link: https://t.co/8L8g0AkZRp pic.twitter.com/WVzwrOjF2r— Christophe Barraud (@C_Barraud) February 23, 2021
#Covid_19: Daily Summary (February 23rd)
➡ News
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/pPdfuG5cgH— Christophe Barraud (@C_Barraud) February 23, 2021
The House Budget Committee advanced Biden’s pandemic-relief legislation, setting it up to pass the lower chamber by the end of this week https://t.co/WTbHTgxjwX
— Bloomberg Economics (@economics) February 22, 2021
On a 4-quarter moving average basis, US personal savings/nominal GDP ratio reached a post-war high of 14% at the end of 2020, according to Bloomberg data. pic.twitter.com/XhSOcIX5Vt
— Christophe Barraud (@C_Barraud) February 22, 2021
Janet Yellen says that the market appetite for 100-year Treasury bonds would likely be tiny, while stopping short of ruling them out https://t.co/gRFLlQc3IS
— Bloomberg Economics (@economics) February 22, 2021
Janet Yellen and Jerome Powell both appear wary of signs of froth in financial markets, even as they press ahead with economic stimulus https://t.co/1mwWiKiDjB
— Bloomberg Economics (@economics) February 22, 2021
Fed Chair Jerome Powell can expect pressure to support the stimulus plan of Democratic lawmakers when they host him this week on Capitol Hill (via @boes_) https://t.co/9OuXXdVQH3
— Bloomberg Economics (@economics) February 22, 2021
Fed Chairman Jay Powell’s views on jobs make it easy for President Biden to rehire him when his term ends. The same isn’t true of the Fed’s top cop, Randal Quarles. His exit would potentially saddle banks with sterner capital requirements, says @GinaChon. https://t.co/LIWgxTmLde pic.twitter.com/6tCOIDjgkJ
— ReutersBreakingviews (@Breakingviews) February 22, 2021
#Coronavirus latest:
-Global cases exceed 111.7 million, deaths pass 2.4 million
-Death toll hits 500,000 in the U.S.
-Thailand approves Sinovac vaccine
-Japan eyes to lift the state of emergency outside the Tokyo areahttps://t.co/OkXDX3NL15— Bloomberg (@business) February 23, 2021
Japan is considering lifting its state of emergency for areas outside Tokyo https://t.co/g1el4y8fI2
— ForexLive (@ForexLive) February 22, 2021
Interest rate traders are betting the first post-COVID-19 interest rate increase by the Reserve Bank of #Australia will be brought forward to late next year – AFRhttps://t.co/2fQwzhasCc
— Christophe Barraud (@C_Barraud) February 23, 2021
Steady improvement in #China’s economic fundamentals is creating conditions for the country to normalize its monetary policy, the Economic Information Daily in a front-page report.
*Economy is expected to grow about 8% in 2021.
*Link (Chinese): https://t.co/aEPqES0CFZ— Christophe Barraud (@C_Barraud) February 23, 2021
China home prices shake off fresh curbs to resume faster growth https://t.co/2zgpDg9qWZ
— Bloomberg Economics (@economics) February 23, 2021
2) Hong Kong residents are unlikely to get another HK$10,000 handout this year with a likely record budget deficit looming. The government is expected to focus on infrastructure, explore ways to raise revenue and boost options for green investments. https://t.co/quMOcy0U7V pic.twitter.com/AuvBZRWjbP
— Bloomberg Next China (@next_china) February 23, 2021
4) Hong Kong pumped in almost HK$320 billion in stimulus last year to support an economy that was already reeling from social and political unrest in 2019. These are some of the key stimulus measures
⬇️https://t.co/quMOcy0U7V pic.twitter.com/KSL8EDP85G— Bloomberg Next China (@next_china) February 23, 2021
5) The Hong Kong government will prioritize "public housing and infrastructure investments as those two can boost the GDP number quickly," says Iris Pang, an economist at ING Bank. More ⬇️ https://t.co/0UqxalC26U
— Bloomberg Next China (@next_china) February 23, 2021
Xi Jinping may attend Brics summit in India, Times reports https://t.co/ei8YaEQ8aU
— Bloomberg Asia (@BloombergAsia) February 23, 2021
ECB is "closely monitoring" bond yields, Lagarde says
Brexit border friction ups shipping costs from France to the UK
Sunak plans Covid support for UK economy lasting into summer
Here's a rundown of your top economic news today https://t.co/ksRrPOl3cg— Bloomberg Economics (@economics) February 23, 2021
#Europe #Covid_19: Daily Summary (February 23rd)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/39GasQIvCe
— Christophe Barraud (@C_Barraud) February 23, 2021
#ECB Is ‘Closely Monitoring’ Bond Yields as Gains Spark Concern – Bloomberghttps://t.co/0pJAZnCTMQ
— Christophe Barraud (@C_Barraud) February 22, 2021
#DailyDataPoint: ECB is likely to extend the most favorable TLTRO interest rate (via @davidjpowell24) https://t.co/OFT9x8OTJB pic.twitter.com/aP2KwlGh5a
— Bloomberg Economics (@economics) February 23, 2021
UK unemployment climbs to its highest rate in almost 5 years https://t.co/nN5nZMN8lN
— Bloomberg Economics (@economics) February 23, 2021
U.K. finance minister Rishi Sunak is poised to spend billions of pounds more in state support for the economy over the next four months https://t.co/z1qMqDz0N6
— Bloomberg Asia (@BloombergAsia) February 22, 2021
*Most Read:
US Growth Will Exceed Expectations In 2021
US Home Prices Rose At The Fastest Pace On Record
Week Ahead – w8 (2021)
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