Morning Brief – February 3rd 2021
Americas
WATCH: U.S. stocks finished sharply higher for a second straight day with financial and industrial stocks making the biggest advances https://t.co/wX9nPgsCJE pic.twitter.com/Xj9p6CxfuK
— Reuters Business (@ReutersBiz) February 3, 2021
Exclusive: Treasury's Yellen calls top regulator meeting on GameStop volatility, consults ethics lawyer https://t.co/TWXcAHBkPI pic.twitter.com/4t9tPulQmb
— Reuters Business (@ReutersBiz) February 3, 2021
Amazon founder Jeff Bezos announced he will step down as CEO in the third quarter of the year to focus on his other businesses, including The Washington Post and space travel company Blue Origin. More here: https://t.co/sM5bjLTSoh pic.twitter.com/BcGa8krHdR
— Reuters Business (@ReutersBiz) February 3, 2021
#Covid_19: Daily Summary (February 3rd)
➡ Regional/national data
➡ Vaccine Trackerhttps://t.co/dretkoFdvw— Christophe Barraud (@C_Barraud) February 3, 2021
#Senate Democrats Move to Put #Biden Stimulus Plan on Fast Track – Bloomberghttps://t.co/tjYbH96xXx
— Christophe Barraud (@C_Barraud) February 3, 2021
President Biden Advisor speculates the final stimulus size could be USD 1.3trln –Politico pic.twitter.com/hy9nNH0VVO
— Newsquawk (@Newsquawk) February 3, 2021
The U.S. economy is showing some scattered signs of picking up from an end-of-year slowdown, muddying Biden’s efforts to win congressional passage of a $1.9 trillion (via @RichMiller28) stimulus package https://t.co/usDLQ5yV3b
— Bloomberg Economics (@economics) February 3, 2021
US Growth Will Exceed Expectations In 2021https://t.co/5W48c1Ll1q
— Christophe Barraud (@C_Barraud) February 1, 2021
#Biden administration indicates in no hurry to engage #China – Reutershttps://t.co/fhKFTSGIPK
— Christophe Barraud (@C_Barraud) February 3, 2021
Trade to be part of Biden's China strategy, not driving force: ex-USTR official https://t.co/Gp0KtZjBpt pic.twitter.com/WHj1TRNToF
— Reuters Business (@ReutersBiz) February 3, 2021
U.S. confirms it will detain oil shipment it says is from Iran https://t.co/OTo7JnNPq5
— Bloomberg Economics (@economics) February 3, 2021
Asia
Ant Group and Chinese regulators have agreed on a restructuring plan that will turn Jack Ma’s fintech giant into a financial holding company https://t.co/QaahUQ0foJ
— Bloomberg Asia (@BloombergAsia) February 3, 2021
#China Drains Funds From Banking System as Cash Crunch Eases – Bloomberg
*Link: https://t.co/9etBlxEbEf pic.twitter.com/Ha4MhbLo9P— Christophe Barraud (@C_Barraud) February 3, 2021
Sinopharm vaccine effective against South African variant: studyhttps://t.co/2j6lOmtzuA
— Nikkei Asia (@NikkeiAsia) February 3, 2021
China reported the fewest number of new COVID-19 cases for a single day in more than a month, official data showed on Wednesday, the latest indication that the current wave of the disease is subsiding ahead of the Lunar New Year holiday break. https://t.co/uTGJkAyoo6
— Reuters Health (@Reuters_Health) February 3, 2021
#China population: tumbling regional birth rates signal scale of country’s ageing crisis – SCMPhttps://t.co/In108SwsJw
— Christophe Barraud (@C_Barraud) February 3, 2021
#China Stockpiles #Chips and Chip-Making Machines to Resist U.S. – Bloomberg
*Link: https://t.co/Cor754NBPv pic.twitter.com/DQUCwrX7qM— Christophe Barraud (@C_Barraud) February 3, 2021
Europe
EU faces 100 billion-euro price tag for bungled vaccine rollout
Ex-ECB chief Draghi tapped to lead Italy out of its crisis
Republican proposal on stimulus is too small, Biden says
Here's a rundown of your top economic news today https://t.co/pQfisAkjCK— Bloomberg Economics (@economics) February 3, 2021
#Europe #Covid_19: Daily Summary (February 3rd)
*Focus on #Germany, #Spain, #France and #Italy https://t.co/bhGsOxwgTo
— Christophe Barraud (@C_Barraud) February 3, 2021
The EU is facing a cost of tens of billions of euros for the slow and chaotic rollout of coronavirus vaccinations compared to countries such as Britain and the U.S. (via @weberalexander) https://t.co/fY5UOB3wsV
— Bloomberg Economics (@economics) February 3, 2021
*EURO-AREA JAN. SERVICES PMI 45.4; PRELIM 45
*EURO-AREA JAN. COMPOSITE PMI 47.8; PRELIM 47.5
*Link: https://t.co/BE3HqulbgX pic.twitter.com/NEkpIh6rBH— Christophe Barraud (@C_Barraud) February 3, 2021
#EURO-AREA JAN. CONSUMER PRICES +0.9% Y/Y; EST 0.6%
*EURO-AREA JAN. CORE CONSUMER PRICES +1.4% Y/Y; EST 0.9%https://t.co/gW4I8lxrdv— Christophe Barraud (@C_Barraud) February 3, 2021
Former ECB Chief Draghi Tapped to Lead #Italy Out of Its Crisis – Bloomberghttps://t.co/Jfpq5lmx4b
— Christophe Barraud (@C_Barraud) February 3, 2021
U.K., #Italy Lead Moody’s Concerns in #Europe Over Next Five Years – Bloomberghttps://t.co/o7sXBNdC4F
— Christophe Barraud (@C_Barraud) February 3, 2021
*Most Read:
Week Ahead – w5 (2021)
US Stock Market: Signs Of Bubbles
US Growth Will Exceed Expectations In 2021