Morning Brief – March 26th 2021
Americas
U.S. stocks rose in a late-day rally as investors bought stocks likely to do well in the recovery and picked up beaten-down Apple and Tesla shares https://t.co/lkll2MtcO9 pic.twitter.com/CxQWA53unH
— Reuters Business (@ReutersBiz) March 25, 2021
The CEOs of Facebook, Google and Twitter were grilled by lawmakers on everything from their role in the Capitol riots, to the proliferation of misinformation on COVID-19 and vaccines, to concerns about the impact of social media on children. More here: https://t.co/MWWYdjBHkh pic.twitter.com/yZz5hSpUVY
— Reuters Business (@ReutersBiz) March 26, 2021
#Housing | U.S. #Mortgage #Refinancing Index Kept Falling Amid Higher Mortgage Rateshttps://t.co/9NdZ4RaQ74
— Christophe Barraud (@C_Barraud) March 25, 2021
#Fed to Free Most Banks From Pandemic Dividend Limits June 30 – Bloomberghttps://t.co/naYGR7rRFz
— Christophe Barraud (@C_Barraud) March 26, 2021
Buttigieg Starts #Infrastructure Push With a Warning on #China – Bloomberghttps://t.co/lVDWbvPSrz
— Christophe Barraud (@C_Barraud) March 26, 2021
#Biden Says #China Won’t Be Most Powerful Country on His Watch – Bloomberghttps://t.co/rN9aMHAl6e
— Christophe Barraud (@C_Barraud) March 26, 2021
Schumer Set to Move on #China Bill With Sprawling Agenda Ahead – Bloomberghttps://t.co/MZ05lj58q7
— Christophe Barraud (@C_Barraud) March 26, 2021
#Covid_19: Daily Summary (March 26th)
➡ News
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/BF1zgr1kAd— Christophe Barraud (@C_Barraud) March 26, 2021
Asia
Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant – sources – Reutershttps://t.co/JCYWPwetMs
— Christophe Barraud (@C_Barraud) March 26, 2021
#China’s Central Bank Estimates Potential Growth of Under 6% – Bloomberghttps://t.co/jRSc4fDlBJ
*Working paper (Chinese): https://t.co/ySaoDa7wuu— Christophe Barraud (@C_Barraud) March 26, 2021
Rating Cut Ignites Fresh Concern Over Chinese Real Estate Firms – Bloomberghttps://t.co/LOIkj5m143
— Christophe Barraud (@C_Barraud) March 26, 2021
New signs show that #China is cracking down on debt again – CNBChttps://t.co/DSU2mdOa6I
— Christophe Barraud (@C_Barraud) March 26, 2021
India allows the resumption of bankruptcy filings, ending a year-old suspension created to protect firms from the impact of the virus pandemic https://t.co/ebf4NYu8eD
— Bloomberg Economics (@economics) March 26, 2021
Japan's record budget clears parliament, more COVID spending eyed https://t.co/AywRmkrRVO pic.twitter.com/L08ZAFhPO6
— Reuters Business (@ReutersBiz) March 26, 2021
#CHINA IMPOSES 5-YR DUTY OF AS MUCH AS 218.4% ON #AUSTRALIA #WINE – BBG
— Christophe Barraud (@C_Barraud) March 26, 2021
South Korea's chip industry risks becoming the weak link in Biden's approach to China https://t.co/TBloOJ0ROv
— Bloomberg Economics (@economics) March 26, 2021
Europe
ECB to monitor causes of market moves closely, Schnabel says
Draghi needs new stimulus to fund Italy's $18 billion monthly lockdown costs
UK job advertisements register 2 best weeks in pandemic
Here's a rundown of your top economic news today https://t.co/A6BIkB3eln— Bloomberg Economics (@economics) March 26, 2021
#Europe #Covid_19: Daily Summary (March 26th)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italy https://t.co/l8ZkkBFWbj
— Christophe Barraud (@C_Barraud) March 26, 2021
#FRANCE'S LE DRIAN: #GERMANY WON'T IMPOSE MANDATORY QUARANTINE – BBG
— Christophe Barraud (@C_Barraud) March 26, 2021
German businesses turn much more optimistic about the economic outlook even as the country struggles to find a response to rising coronavirus cases and slow vaccinations https://t.co/iKR1hT1fh7
— Bloomberg Economics (@economics) March 26, 2021
UK retail sales posted a modest rebound in February after a brutal start to the year https://t.co/hh8iZTYzmi
— Bloomberg Economics (@economics) March 26, 2021
Italian premier Mario Draghi needs a new stimulus program within weeks to bankroll higher monthly lockdown costs of as much as $18 billion https://t.co/IHZJQdRoWA
— Bloomberg Asia (@BloombergAsia) March 26, 2021
France's debt burden hits record in 2020 but comes in below government expectations https://t.co/CIvxXYqHEA pic.twitter.com/0QCUdghifG
— Reuters Business (@ReutersBiz) March 26, 2021
Global Economy
The blockage of the Suez Canal is wreaking havoc on global seaborne trade, sending shipping rates surging and making the long journey around Africa the only short-term alternative for many cargoes and commodities https://t.co/TfdeYGDg1W
— Bloomberg Economics (@economics) March 26, 2021
Week Ahead
⚠ Week Ahead – w12 (2021) ⚠https://t.co/peSL9kWNBa
— Christophe Barraud (@C_Barraud) March 22, 2021
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