The Dow hit a record high and the S&P 500 climbed as lawmakers approved one of the largest stimulus measures in U.S. history. More here: https://t.co/3Vc5JwUCUO pic.twitter.com/PTWhijn7yA
— Reuters Business (@ReutersBiz) March 11, 2021
Help is here. https://t.co/urZCiigeS1
— President Biden (@POTUS) March 10, 2021
House Sends Aid Bill to Biden, Checks to U.S. Pocketbooks – Bloomberg
*Link: https://t.co/zkZmZViFml pic.twitter.com/lVNoWhIYXU— Christophe Barraud (@C_Barraud) March 11, 2021
#SPX | Analysis: With $1,400 stimulus checks set to hit bank balances, stocks could benefit – Reuters
*A DB survey of 430 retail investors found that on average they plan to put 37% of any stimulus checks directly into equities.
*Link: https://t.co/1pltJWGtzk— Christophe Barraud (@C_Barraud) March 11, 2021
U.S. extends $14 billion lifeline to airlines in third government aid package – Reutershttps://t.co/dfiMqqmsHr
— Christophe Barraud (@C_Barraud) March 11, 2021
SCOOP Emerging details @JoeBiden infrastructure plan via @LJMoynihan: Could be as high as $2.5 trillion over 4 years; some public-private partnerships that could leverage government spending. Details will start to leak in coming days as Biden finishes w the passage of stimulus
— Charles Gasparino (@CGasparino) March 10, 2021
Biden’s $4 trillion Build Back Better plan faces plenty of hurdles beyond Republicans (via @SDonnan) https://t.co/tlK2LUvVME
— Bloomberg Economics (@economics) March 11, 2021
President Biden’s Second Big Bill May Be #China Package Pushed By Top Senate Democrat – Washington Post https://t.co/gplQ4e8vCw
— Christophe Barraud (@C_Barraud) March 10, 2021
Top U.S.-#China Officials to Meet Next Week in Alaska on Range of Issues – WSJhttps://t.co/Eab3iMmV2r
— Christophe Barraud (@C_Barraud) March 10, 2021
Chinese stocks cap their worst performance during the National People's Congress since 2009 https://t.co/SpQG1IsBbS
— Bloomberg Asia (@BloombergAsia) March 11, 2021
BoJ May Exempt More Funds From Negative Rates At March Review – RTRShttps://t.co/O05gG1S1xs
— LiveSquawk (@LiveSquawk) March 11, 2021
China is prioritizing stable economic growth and the creation of new jobs as its main goals for 2021, Premier Li Keqiang said https://t.co/J5O8FwnRIR
— Bloomberg Asia (@BloombergAsia) March 11, 2021
China's 2021 GDP growth target of over 6% not a low target: premier https://t.co/nt7RSTG7bG pic.twitter.com/V6YS6jGpQN
— Reuters Business (@ReutersBiz) March 11, 2021
#CHINA FEB. VEHICLE WHOLESALES +365% ON YEAR: CAAM – BBG
*CHINA FEB. PASSENGER VEHICLE WHOLESALES +410% ON YEAR: CAAM
*CHINA FEB. NEW ENERGY VEHICLE WHOLESALES +585% ON YEAR: CAAM— Christophe Barraud (@C_Barraud) March 11, 2021
#China Feb. Mobile phone shipments Up 240.9% Y/Y – CAICT
– In Jan-Feb, shipments were 61.88 mln units, up 127.5% Y/Y.
*Link (Chinese): https://t.co/cf1WeR3Tod pic.twitter.com/J9cjyzATfl— Christophe Barraud (@C_Barraud) March 11, 2021
#SouthKorea March 1-10 Exports Y/Y: +25.2% v +9.5% in February (full month)
– Average Daily Exports Y/Y: +25.2%❗ v +26.4% in February (full month)
*Link (Korean): https://t.co/3Az2Po2XOY pic.twitter.com/Jn138T2GKh— Christophe Barraud (@C_Barraud) March 11, 2021
A Chinese semiconductor industry group says it has agreed to work with its U.S. counterpart on chip-related issues, a rare example of bilateral cooperation https://t.co/HcMl1IBsA5
— Bloomberg Economics (@economics) March 11, 2021
Taiwan’s intervention in foreign exchange markets surged more than 600% last year, putting the trade-dependent economy in line to be designated a currency manipulator by the U.S. https://t.co/8oUQcIFpcA
— Bloomberg Economics (@economics) March 11, 2021
Chinese lawmakers approved an extensive overhaul of how Hong Kong chooses its leaders, a momentous step in Beijing’s efforts to curb opposition in the city https://t.co/Buq50BSXj5
— Bloomberg Asia (@BloombergAsia) March 11, 2021
It's ECB rate decision day
House sends aid bill to Biden, checks to U.S. pocketbooks
⛴️ EU threatens to scrap trade deal if Australia doesn't ditch coal
Here's a rundown of your top economic news today https://t.co/7ES8VQ0KM6— Bloomberg Economics (@economics) March 11, 2021
#Europe #Covid_19: Daily Summary (March 11th)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/tH4aAahhrP
— Christophe Barraud (@C_Barraud) March 11, 2021
EU countries had the option of buying additional doses of Moderna’s coronavirus vaccine in December, but 16 of them chose not to exercise that right. https://t.co/HHbGzyvZI7
— POLITICOEurope (@POLITICOEurope) March 10, 2021
German Finance Minister Olaf Scholz predicts that austerity will lose out to more expansive budget policies in coming years https://t.co/cWx9JIdWFK
— Bloomberg Economics (@economics) March 11, 2021
Economic momentum in Switzerland is forecast to pick up in the months ahead due to immunizations and the lifting of government restrictions https://t.co/vpsUuHaz0p
— Bloomberg Economics (@economics) March 11, 2021
It's ECB rate decision day – here's what to expect https://t.co/zuMEh9R6ec
— Bloomberg Economics (@economics) March 11, 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)