WATCH: The Nasdaq exited correction territory and rebounded sharply as U.S. bond yields retreated and investors scooped up battered technology stocks https://t.co/WALK3gj3kA pic.twitter.com/IKafOjaGkY
— Reuters Business (@ReutersBiz) March 10, 2021
The U.S. House is poised to send the $1.9 trillion Covid-19 relief plan to Biden for his signature, providing an economic boost that will last long after $1,400 stimulus checks start arriving in Americans’ accounts this month https://t.co/UmiaPzCEQ0
— Bloomberg Economics (@economics) March 10, 2021
What’s in President Biden's $1.9 trillion stimulus bill?
Employ America's Liz Pancotti breaks down the details with @TheStalwart @romainebostick & @CarolineHydeTV as the House is set to vote tomorrow morning https://t.co/6cKCf4XoBD pic.twitter.com/yBhK6nQeW7
— Bloomberg TV (@BloombergTV) March 9, 2021
The fear that the effective fed funds rate will get too low is starting to fade https://t.co/G5kFuly1DE
— Bloomberg Economics (@economics) March 9, 2021
Fed warns banks they face consequences for slow Libor shifts https://t.co/cC6XOrt4Vg
— Bloomberg Economics (@economics) March 10, 2021
#Covid_19: Daily Summary (March 10th)
➡ News
➡ Restrictions (easing)
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/GFEfmf0vc9— Christophe Barraud (@C_Barraud) March 10, 2021
U.S and China Engage, Tentatively, on #Climate Change – WSJhttps://t.co/1tFxX2D485
— Christophe Barraud (@C_Barraud) March 9, 2021
Morning Note:
-House votes on stimulus
-$38bln 10-yr UST supply
-U.S. CPI data due 8:30 ET pic.twitter.com/ilvDhBnuYE— Jonathan Ferro (@FerroTV) March 10, 2021
-U.S. futures ⬇️
-China’s CSI 300 Index rises 1.4%
-South Korea, Hong Kong stocks ⬆️
-Australia stocks ⬇️
-Bitcoin trades around $54,000
-Australia’s 10-year bond yield falls to 1.72%
-Oil, gold ⬇️ https://t.co/0YtQw8RdZWhttps://t.co/lSSHF2WLTL— Bloomberg (@business) March 10, 2021
#China is considering tighter rules for first-time share sales on Shanghai’s #Nasdaq-style #STAR board that will require firms to prove their technology credentials and raise the bar for companies such as Ant Group Co – Bloomberg
— Christophe Barraud (@C_Barraud) March 10, 2021
#CHINA FEB. AGGREGATE FINANCING 1,710.0B YUAN; EST. 910.0B – BBG
*CHINA FEB. NEW YUAN LOANS 1,360.0B YUAN; EST. 950.0B— Christophe Barraud (@C_Barraud) March 10, 2021
China’s credit expansion slowed in February during a traditionally slow month for lending because of the Lunar New Year holidays, but the drop was less than economists forecast https://t.co/oLJTnATluN
— Bloomberg Economics (@economics) March 10, 2021
China producer prices jump, adding to global inflation risks https://t.co/VKWdywMzbP
— Bloomberg Economics (@economics) March 10, 2021
All the latest news from China's annual National People’s Congress meeting https://t.co/kFvyA7EE1N
— Bloomberg Economics (@economics) March 10, 2021
Reserve Bank of Australia chief Philip Lowe reiterates that interest rates are unlikely to rise until at least 2024 as inflation is a long way from target https://t.co/LIQph5lAqW
— Bloomberg Economics (@economics) March 10, 2021
Japan and US to single out #China at '2-plus-2' meeting – Nikkeihttps://t.co/oOXLHCOLvM
— Christophe Barraud (@C_Barraud) March 10, 2021
#China and US in talks for top-level relationship reset meeting in Alaska – SCMPhttps://t.co/BSH5159jA1
— Christophe Barraud (@C_Barraud) March 9, 2021
ECB draws on Draghi's test to measure yield pressure on the economy
Brexit border friction rises with more cargoes to the UK rejected
⛴️ Exporters take unusual steps to ease container shortage
Here's a rundown of your top economic news today https://t.co/BQzBjHGqkz— Bloomberg Economics (@economics) March 10, 2021
#Europe #Covid_19: Daily Summary (March 10th)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/UMDyOLi26H
— Christophe Barraud (@C_Barraud) March 10, 2021
Christine Lagarde has some explaining to do at Thursday’s European Central Bank meeting, says @marcusashworth (via @bopinion) https://t.co/vZzpza0v61
— Bloomberg Economics (@economics) March 10, 2021
European Council President Charles Michel accused the UK of blocking exports of Covid-19 vaccines, prompting a vehement denial from the British government https://t.co/7VOJ0fB5XL
— Bloomberg Economics (@economics) March 9, 2021
The 2021 Dutch general election next week will be held over three days due to the coronavirus pandemic.
37 parties met the requirements to participate in the election. Here are the latest polling trends for the top 15 parties in the polls from https://t.co/lip47FUoYO pic.twitter.com/TOxXTm33w3
— POLITICO Poll of Polls (@pollofpolls_EU) March 9, 2021
Russia will slow access to Twitter in retaliation for not deleting posts about last month’s protests over the jailing of opposition leader Alexei Navalny https://t.co/t2GEJU8edW
— Bloomberg Asia (@BloombergAsia) March 10, 2021
*Most Read:
U.S. Total Excess Personal Savings Will Be A Massive Economic Boost From 2Q
US Growth Will Exceed Expectations In 2021
Week Ahead – w10 (2021)