Morning Brief – January 29th 2021
Americas
U.S. stocks closed higher, rebounding from sharp losses in the prior session, thanks to a broad rally as earnings season got off to a strong start and fears lessened around hedge funds selling long positions to cover shorts. More here: https://t.co/dn3ypkqFPy pic.twitter.com/LeFHXEKegQ
— Reuters Business (@ReutersBiz) January 29, 2021
US stock trading volumes soar past 2008 peak in #Reddit battle – FThttps://t.co/Gqg4nyowhJ
— Christophe Barraud (@C_Barraud) January 29, 2021
GameStop. Bitcoin. Tesla. SPACs. Bubble warnings everywhere just keep getting louder https://t.co/VBUiLTbj4d
— Bloomberg Asia (@BloombergAsia) January 29, 2021
#Covid_19: Daily Summary (January 29th)
➡ Regional/national data
➡ Restrictions (Easing)
➡ Vaccine Trackerhttps://t.co/QYGaAakWwn— Christophe Barraud (@C_Barraud) January 29, 2021
Democrats plan initial steps on Biden #COVID_19 relief for next week – Reuters https://t.co/k1NuNAt12g
— Christophe Barraud (@C_Barraud) January 29, 2021
Joe Biden orders the federal government to buy electric vehicles made in America with union labor—but no such vehicles exist https://t.co/PY5veLh6Xq
— Bloomberg Economics (@economics) January 29, 2021
Yellen faces one more headache on an already-packed agenda: tensions over foreign-exchange intervention https://t.co/TReKWISSNj
— Bloomberg Economics (@economics) January 29, 2021
Asia
#China's short-term money rates rise for fourth day, approaching interest rate ceiling – Reutershttps://t.co/RA50UAqrCI
— Christophe Barraud (@C_Barraud) January 29, 2021
#Japan | #BOJ CUTS JGB PURCHASE AMOUNTS UP TO 5 YRS IN 3 TRANCHES IN FEB – BBG
— Christophe Barraud (@C_Barraud) January 29, 2021
BOJ drops more hints of bigger yield moves ahead of March review https://t.co/sqQEpD3Wwq pic.twitter.com/TbQHVIgHcO
— Reuters Business (@ReutersBiz) January 29, 2021
BOJ seen dropping pledge to buy ETFs at current pace: https://t.co/V6UVer5fzB policymaker https://t.co/pDbLGMPOoN pic.twitter.com/o8v6C6Wvcl
— Reuters Business (@ReutersBiz) January 29, 2021
Coronavirus latest: India's Serum seeks Novavax trial go-ahead
Follow live coronavirus updates on Nikkei Asia's free blog.https://t.co/U24gB6V15d
— Nikkei Asia (@NikkeiAsia) January 29, 2021
Lunar New Year travel has begun in China despite government advice to stay put.https://t.co/7p9GEU163b
— Nikkei Asia (@NikkeiAsia) January 29, 2021
Xi says China should make contingency plans for "black swan" and "grey rhino" events https://t.co/26xOYHhNJv pic.twitter.com/aWehVdSR20
— Reuters Business (@ReutersBiz) January 29, 2021
Hong Kong is on a difficult road to recovery after two years of unprecedented economic weakness https://t.co/6vBpClqXzq
— Bloomberg Economics (@economics) January 29, 2021
India’s government sees the economy expanding 11% in the year starting April, helped by vaccine drives and aided low interest rates https://t.co/VWey6VSHRo
— Bloomberg Economics (@economics) January 29, 2021
Europe
ECB says EU fund could boost economy by either 1.5% or almost nothing
UK estimates 300,000 to move from Hong Kong
Yellen faces more currency tension in ditching strong dollar
Here's a rundown of your top economic news today https://t.co/KEdIXkxMqm— Bloomberg Economics (@economics) January 29, 2021
#Europe #Covid_19: Daily Summary (January 29th)
*Focus on #Germany, #Spain, #France and #Italy
HT @FLAHAULT, @macroandfinance, @ngbpadel2, @mianrey, @ramonfornose, @nicolasberrod, @starjoin, @gforestier, @Fabien_L, @Corriere https://t.co/iLM1ntP92p
— Christophe Barraud (@C_Barraud) January 29, 2021
#France’s GDP declined in Q4 2020 (– 1.3% v -4.0%e), marked by the second lockdown; over the year 2020, GDP declined by 8.3%.
*Link: https://t.co/aeyFzRGTzq pic.twitter.com/j1hC6JIzwH— Christophe Barraud (@C_Barraud) January 29, 2021
#SPAIN 4Q PREL. GDP EXPANDS 0.4% Q/Q; EST -1.4%
*Link: https://t.co/6zyO5iWqQC pic.twitter.com/mBY1xMM4mm— Christophe Barraud (@C_Barraud) January 29, 2021
*#GERMANY 4Q GDP GREW 0.1 % Q/Q (EST. 0.0%)
*Link: https://t.co/P16Y20Q0Xq pic.twitter.com/PVZl2KgNK7— Christophe Barraud (@C_Barraud) January 29, 2021
#Europe’s Economy Surprises at End of Pandemic Year: GDP Update – Bloomberg
*Link: https://t.co/pyAdN1r0ZG pic.twitter.com/rQq6CXkKnh— Christophe Barraud (@C_Barraud) January 29, 2021
#DailyDataPoint: Alternative data show economic activity decline in Europe, Japan (via @RoyeBjorn & @TomOrlik) https://t.co/RJ6MFUdg9y pic.twitter.com/uV1j5i2blc
— Bloomberg Economics (@economics) January 29, 2021
#ECB'S MAKHLOUF: CAUTIOUSLY OPTIMISTIC ABOUT ECONOMIC OUTLOOK – BBG
*ECB'S MAKHLOUF: UNCERTAINTY REMAINS HIGH
*ECB'S MAKHLOUF: SECOND HALF WILL BE MORE POSITIVE WITH GROWTH
*MAKHLOUF: DON'T SEE ECB RATE CUT COMING RIGHT NOW— Christophe Barraud (@C_Barraud) January 29, 2021
ECB Executive Board member Isabel Schnabel says the mutual interdependence of banks and governments can boost economic growth after the pandemic https://t.co/SIsdBaJwDK
— Bloomberg Economics (@economics) January 29, 2021
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