Morning Brief – July 1st, 2020

01 July, 2020

Americas

U.S. Cases Rise by More Than 48,000 (4 p.m. NY) – Bloomberg
*The 1.9% gain was above the average daily increase of 1.6% over the past week.
*Link: https://t.co/MIEy8jX11g pic.twitter.com/BTYt576il1
— Christophe Barraud (@C_Barraud) July 1, 2020

US Hospitals Buckle Under Surge Of New #Coronavirus Cases – FThttps://t.co/sharlwtsgS
— Christophe Barraud (@C_Barraud) July 1, 2020

Fauci Says U.S. Risks 100,000 Daily Cases in Dire #Virus Warning – Bloomberghttps://t.co/8NYix3drEg
— Christophe Barraud (@C_Barraud) July 1, 2020

Goldman Estimates 40% of U.S. Has Reversed Reopening (09:51 a.m. HK) – Bloomberg
*The bank also calculated that the share of the population in states where policies are getting more restrictive is up to 30% over five days.
*Link: https://t.co/7QkU1dkOrD pic.twitter.com/v7GPCT2Nxb
— Christophe Barraud (@C_Barraud) July 1, 2020

US Senate votes to extend small-business aid program through August – Reutershttps://t.co/HW3PxSoHVS
— Christophe Barraud (@C_Barraud) July 1, 2020

Mnuchin, Powell Pledge Additional Relief to Prevent Lasting Damage to Economy – WSJhttps://t.co/wv5ooQQcoy
— Christophe Barraud (@C_Barraud) July 1, 2020

Asia

#IMF Sees #Asia’s Pain Persisting as Virus Curbs Limit Recovery – Bloomberg
*Asia’s loss of economic output due to the deadly coronavirus will likely persist until 2022, according to the International Monetary Fund.https://t.co/yWf1oDQxnu
— Christophe Barraud (@C_Barraud) July 1, 2020

#CHINA MAY ANNOUNCE RESTRICTIONS ON U.S. MEDIA: GLOBAL TIMES' HU
⬇https://t.co/Fsu96AWZYj
— Christophe Barraud (@C_Barraud) July 1, 2020

#Australia to lock down 300,000 in #Melbourne suburbs after #coronavirus spike – Reutershttps://t.co/slNwvDzoV5
— Christophe Barraud (@C_Barraud) July 1, 2020

China's factory activity expands, but job losses quicken amid weak exports: Caixin PMI https://t.co/FVz1a27sw3 pic.twitter.com/vrQ9N2ermx
— Reuters (@Reuters) July 1, 2020

Europe

#Europe’s Move to Keep Americans Out Signals Long Travel Slump – Bloomberghttps://t.co/UYfZ7lbwfY
— Christophe Barraud (@C_Barraud) July 1, 2020

Schnabel Says #ECB May Not Use Full Size of Emergency Program – Bloomberg
*Executive Board member Yves Mersch, Slovakia’s Peter Kazimir and France’s Francois Villeroy de Galhau have all flagged fewer purchases as an option❗https://t.co/c27rdK33Zl
— Christophe Barraud (@C_Barraud) July 1, 2020