WATCH: Stocks on Wall Street ended sharply higher as a technology selloff eased; shares of GameStop surged more than 100% before being halted https://t.co/8kIhryZgSP pic.twitter.com/bYPJTYnYjK
— Reuters Business (@ReutersBiz) February 25, 2021
The spread between 30- and 5-year Treasuries has retraced half of the near-decade long flattening it experienced from 2010 – Bloomberg pic.twitter.com/bGd3jsGj7J
— Christophe Barraud (@C_Barraud) February 25, 2021
U.S. Stocks Could See $170 Billion Stimulus Boost, Deutsche Says – Bloomberg
*Link: https://t.co/HV64lDTjYm pic.twitter.com/tCgYRSPw4y— Christophe Barraud (@C_Barraud) February 25, 2021
Joe Biden’s White House is targeting key states in an appeal for public support for his $1.9 trillion pandemic-relief bill. It's focusing on roughly 13 key states including Ohio, Pennsylvania, West Virginia, Arizona and Georgia. https://t.co/K1LGMlHN8m
— Bloomberg Economics (@economics) February 25, 2021
#Housing | U.S. #Mortgage #Refinancing Index Fell For The Third Straight Weekhttps://t.co/rJr0MwERiP
— Christophe Barraud (@C_Barraud) February 24, 2021
#Covid_19: Daily Summary (February 25th)
➡ News
➡ Restrictions (easing)
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/0pSlnqapI7— Christophe Barraud (@C_Barraud) February 25, 2021
-U.S. futures ⬆️
-The yield on 10-year Treasuries ⬆️ to 1.40%
-Hong Kong, Japan, South Korea, China stocks ⬆️
-South Korea stocks rise more than 3%
-Oil rises to $63
-Gold ⬇️https://t.co/euG9LpDbrk— Bloomberg Asia (@BloombergAsia) February 25, 2021
Australia’s dollar broke through 80 U.S. cents to reach its highest level in three years https://t.co/eN2YMUtgWf
— Bloomberg Asia (@BloombergAsia) February 25, 2021
Hong Kong Exports (Y/Y) Jan: 44.0% (est 30.5%; prev 11.7%)
Hong Kong Imports (Y/Y) Jan: 37.7% (est 28.8%; prev 14.1%)
Hong Kong Trade Balance (HKD) Jan: -25.2B (est -48.0B; prev -45.7B)— LiveSquawk (@LiveSquawk) February 25, 2021
Asian exports outlook has clearly improved with shipments and/or orders rising sharply – Bloomberg TV Chart pic.twitter.com/h8QW9n0JHh
— Christophe Barraud (@C_Barraud) February 25, 2021
#China’s ‘two sessions’: leaders must decide whether to scale back economic stimulus as debt risks loom – SCMPhttps://t.co/lR4kCD2NUu
— Christophe Barraud (@C_Barraud) February 25, 2021
China dismisses efforts to shift U.S. supply chains toward alternative sources as unrealistic, hitting back hours after Joe Biden signed an order to review how America buys strategic goods https://t.co/owN45X7gag
— Bloomberg Economics (@economics) February 25, 2021
Europe is taking the slow lane to recovery
Lockdown boosted UK savings, but the BOE doubts much more will be spent
Reforming the WTO appeals body necessary, won't be easy, chief says
Here's a rundown of your top economic news today https://t.co/3RUMkHSyYQ— Bloomberg Economics (@economics) February 25, 2021
#Europe #Covid_19: Daily Summary (February 25th)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/ltVO8lwIRN
— Christophe Barraud (@C_Barraud) February 25, 2021
Denmark will ease a lockdown imposed shortly after Christmas by opening retail stores nationally and schools in some regions https://t.co/FJpuYzYqYE
— Bloomberg Economics (@economics) February 25, 2021
EURO-AREA ECONOMIC CONFIDENCE INDEX RISES TO 93.4; EST 92.1 – BBGhttps://t.co/xEN2k0ODVC
— Christophe Barraud (@C_Barraud) February 25, 2021
Europe Takes Slow Lane to Recovery as #Stimulus Outpaced by U.S. – Bloomberg
*Link: https://t.co/XXyobZXPsn pic.twitter.com/vowGohWi72— Christophe Barraud (@C_Barraud) February 25, 2021
The European Central Bank has a close eye on financial markets because a sudden rise in real interest rates could pull the rug out from under the economic recovery, Executive Board Member Isabel Schnabel says https://t.co/hg8An4ZQC1
— Bloomberg Economics (@economics) February 25, 2021
*Most Read:
US Growth Will Exceed Expectations In 2021
U.S. Housing Prices Index Rose At The Fastest Pace Since April 2014
Week Ahead – w8 (2021)