Morning Brief – January 11th 2021
Cryptocurrencies
#XBT #BTC | Two-Day #Bitcoin Plunge Shakes Faith in #Cryptocurrency Boom – Bloomberg
*Link: https://t.co/nq1iYnClAS pic.twitter.com/KDSRfhfoEB— Christophe Barraud (@C_Barraud) January 11, 2021
#XBT #BTC | #Bitcoin Plunges As Technical Analysis Pointed To Overstretched Conditions
*Charts from @jeancharlesgand https://t.co/Js4Qwb7SJn— Christophe Barraud (@C_Barraud) January 11, 2021
#XBT #BTC | JPMorgan Strategists Say U.S. #ETF Could Sap #Bitcoin Price – Bloomberghttps://t.co/l7byDGpdVB
— Christophe Barraud (@C_Barraud) January 11, 2021
The U.K.’s financial watchdog has a stark warning for crypto traders: be ready to lose everything https://t.co/NMnlFg3Dle
— Bloomberg Crypto (@crypto) January 11, 2021
Americas
United States #Covid_19: Daily Summary (January 11th)
➡ Regional/national datahttps://t.co/Rc8DZqPlZq— Christophe Barraud (@C_Barraud) January 11, 2021
Biden is set to release his stimulus proposals on Thursday, with the package set to feature (among others) a bump in direct payments to $2,000, expanded unemployment benefits and funding for vaccine distribution https://t.co/UTTbu5Jnnj
— Bloomberg Economics (@economics) January 11, 2021
Morgan Stanley: "we expect an additional US$1 trillion for COVID-19 aid in the near term and further healthcare/infrastructure spending initiatives later in 2021"
— zerohedge (@zerohedge) January 10, 2021
Investors look to upcoming U.S. earnings for a view into 2021 https://t.co/Ikowq81BBl pic.twitter.com/s29BGNYFVo
— Reuters Business (@ReutersBiz) January 10, 2021
Republican U.S. senator joins calls for #Trump resignation as Democrats prepare to impeach – Reutershttps://t.co/VaHF8U8N2u
— Christophe Barraud (@C_Barraud) January 10, 2021
#Trump Impeachment Vote as Soon as Tuesday, Senior Democrat Says – Bloomberghttps://t.co/jsa7aQzQNX
— Christophe Barraud (@C_Barraud) January 10, 2021
U.S. Banks Delist 500 Products as #Trump’s #China Ban Takes Effect – Bloomberg
*Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. will delist 500 structured products in Hong Kong.https://t.co/6tWIFsrlgf— Christophe Barraud (@C_Barraud) January 11, 2021
U.S. Eases Restrictions on Contact With #Taiwan in Jab at #China – Bloomberghttps://t.co/FHNvHOrgaJ
— Christophe Barraud (@C_Barraud) January 11, 2021
Asia
Korean markets outperformed the global benchmark by the most in 12 years last week. Kospi is now 120% up from the bottom 10 months ago. Market's on fire. pic.twitter.com/1Me6eqpSqr
— David Ingles (@DavidInglesTV) January 10, 2021
#CHINA TRADERS BUY RECORD $2.5B OF #HONGKONG STOCKS VIA LINKS – BBG
— Christophe Barraud (@C_Barraud) January 11, 2021
#CHINA'S CSI 300 INDEX FALLS 1.5%, SET FOR MOST SINCE DEC. 22 – BBG
— Christophe Barraud (@C_Barraud) January 11, 2021
#CHINA TO PUSH ANT, TENCENT TO SHARE CONSUMER CREDIT DATA: CNA
— Christophe Barraud (@C_Barraud) January 11, 2021
China’s consumer prices gain in December after brief deflation https://t.co/5K2572MePe
— Bloomberg Economics (@economics) January 11, 2021
Beijing’s move to prevent the spread of Covid-19 infections is triggering a spike in food prices, with some supplies of meat and vegetables running out quickly on fears of a shortage https://t.co/sJYGr6LVWS
— Bloomberg Economics (@economics) January 11, 2021
#China Plans to Let Banks Sell Soured Personal Loans to Ease Risks – Bloomberghttps://t.co/kIoZRrxAH7
— Christophe Barraud (@C_Barraud) January 11, 2021
#China Pushes Back Against U.S. Sanctions With New Rules – Bloomberg
*Mofcom link: https://t.co/QzVFP0PCVohttps://t.co/M5wwouUdrO— Christophe Barraud (@C_Barraud) January 11, 2021
#CHINA STRONGLY CONDEMNS U.S.'S #TAIWAN RESTRICTIONS LIFT – BBG
— Christophe Barraud (@C_Barraud) January 11, 2021
Europe
Beijing’s move to prevent the spread of Covid-19 infections is triggering a spike in food prices, with some supplies of meat and vegetables running out quickly on fears of a shortage https://t.co/sJYGr6LVWS
— Bloomberg Economics (@economics) January 11, 2021
The Scots could determine the fate of the Union.
The Germans look to life after Merkel.
Dutch PM Mark Rutte faces a potential reckoning.Welcome to the 2021 European election landscape. https://t.co/BJAGtP7Keu
— POLITICOEurope (@POLITICOEurope) January 10, 2021
#Europe #Covid_19: Daily Summary (January 11th)
*Focus on #Germany, #Spain, #France and #Italy
HT @FLAHAULT, @LiveSquawk, @mianrey, @ramonfornose, @nicolasberrod, @starjoin, @gforestier, @Fabien_L, @Corriere https://t.co/xwWiOcgegi
— Christophe Barraud (@C_Barraud) January 11, 2021
CureVac expects to conclude the phase 3 clinical trials for its #coronavirus #vaccine at the end of 1Q so that regulatory approval will be obtained at the beginning of 2Q in the wake of “very good interim results,” Handelsblatt reports.https://t.co/o9hsnNrInt
— Christophe Barraud (@C_Barraud) January 11, 2021
#FRANCE DOESN'T PLAN LOCKDOWN AT THIS STAGE: GOVT SPOKESMAN – BBG
— Christophe Barraud (@C_Barraud) January 11, 2021
Vaccination has begun in England, with 600,000 people being called to receive their shots in 7 different locations.
England is aiming to get 13 million people vaccinated by mid-February.https://t.co/VOMZGsQAei
— POLITICOEurope (@POLITICOEurope) January 11, 2021
#COVID – UK CHIEF MEDICAL ADVISER WHITTY SAYS: ONCE THE VACCINE IS ROLLED OUT IN MONTHS, WE WILL BE ABLE TO LIFT SOME OF THE RESTRICTIONS – RTRS
— Christophe Barraud (@C_Barraud) January 11, 2021
At least 250,000 small companies in the U.K. are set to close in 2021 unless the government provides more assistance https://t.co/C2DwWr3MB6
— Bloomberg Economics (@economics) January 11, 2021
Week Ahead
⚠ Week Ahead – w2 (2021) ⚠https://t.co/mc42jHEaoy
— Christophe Barraud (@C_Barraud) January 11, 2021