Morning Brief – March 29th 2021

Americas

The Two Tiger Cubs at the Center of Friday’s $35 Billion Meltdown – Institutional Investor
*They get around 13F securities listing by using swaps.https://t.co/Ezf9u4adhO

— Christophe Barraud (@C_Barraud) March 29, 2021

Have a look at volumes from all those block trades on Friday. I stacked them on top of each other.

INSANE.$FTCH $TME $IQ $BIDU $VIPS $VIAC $DISCA $GSX pic.twitter.com/hVx8AvPIEV

— David Ingles (@DavidInglesTV) March 28, 2021

#Biden to Unveil Major New Spending Plans as Democrats Eye Bigger Role for Government – Washington Posthttps://t.co/vbjT5zasoX

— Christophe Barraud (@C_Barraud) March 28, 2021

#Biden to push another coronavirus recovery bill on top of $1.9T package: Psaki – Fox Newshttps://t.co/lL4RUC5Hjn

— Christophe Barraud (@C_Barraud) March 28, 2021

#Covid_19: Daily Summary (March 29th)
➡ News
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/yCqRtggRpV

— Christophe Barraud (@C_Barraud) March 29, 2021

Johnson & Johnson agrees to supply as many as 400 million Covid-19 vaccines to the African Union through the end of next year https://t.co/YO4MdU2nVa

— Bloomberg Asia (@BloombergAsia) March 29, 2021

U.S. officials express concerns about a WHO report on the origins of Covid-19, including the possibility that the Chinese government had a hand in writing it https://t.co/8EykOM1Pc0

— Bloomberg Asia (@BloombergAsia) March 29, 2021

New Trade Representative Says U.S. Isn’t Ready to Lift #China Tariffs – WSJhttps://t.co/rElrTXl7CL

— Christophe Barraud (@C_Barraud) March 29, 2021

Asia

Asian markets took the stress test in stride after those massive block trades https://t.co/9bknpi9ttl

— Bloomberg Asia (@BloombergAsia) March 29, 2021

Nomura’s announcement of a potential loss is “credit negative,” said Toshihiro Matsuo at S&P Global Ratings Japan – Bloomberg

— Christophe Barraud (@C_Barraud) March 29, 2021

Hong Kong will allow swimming pools and public beaches to reopen from Thursday and relax some other Covid-19 related social distancing rules https://t.co/S61NJcdoFK

— Bloomberg Asia (@BloombergAsia) March 29, 2021

Thailand expects about 2million foreign tourists, mostly Chinese and Europeans, to visit Phuket this year after the resort island reopens to vaccinated visitors from July 1 https://t.co/qyOquDir8N

— Bloomberg Asia (@BloombergAsia) March 29, 2021

Japan’s vaccine chief said that the rate of Covid-19 inoculations in the country likely won’t pick up speed until May, despite already lagging behind some other developed nations https://t.co/xIKsexWaGq

— Bloomberg Asia (@BloombergAsia) March 29, 2021

China’s central bank has started to seek public feedback on a policy document to overhaul the country’s credit rating industry https://t.co/hbEZfUK7fx

— Bloomberg Economics (@economics) March 29, 2021

BOJ debated bright signs in economy in March even as it reviewed policy tools https://t.co/yxyQ9RCd9q pic.twitter.com/080WZw2XpE

— Reuters Business (@ReutersBiz) March 29, 2021

Australia’s JobKeeper wage subsidy expired Sunday, bringing to a close the nation’s largest Covid stimulus measure https://t.co/TYL8Bi6t2L

— Bloomberg Economics (@economics) March 28, 2021

Vietnam's economy expanded 4.48% from year ago, statistics office says https://t.co/lE97adBMUb

— Bloomberg Economics (@economics) March 29, 2021

Europe

Britons urged to follow rules England starts to loosen restrictions
The Ever Given has been re-floated
Turkey's new central bank Governor says a rate cut shouldn’t be taken for granted soon

Here's a rundown of your top economic news today https://t.co/H7DSJt9CZB

— Bloomberg Economics (@economics) March 29, 2021

Credit Suisse says a “significant U.S.-based hedge fund defaulted on margin calls made last week by Credit Suisse and certain other banks,” according to a statement.https://t.co/ppPl8cpcoD

— Christophe Barraud (@C_Barraud) March 29, 2021

Deutsche bank's #Archegos exposure a fraction of what others have – source – Reutershttps://t.co/0cGtd8jWv0

— Christophe Barraud (@C_Barraud) March 29, 2021

France, the Netherlands, and the European Commission are narrowing in on a deal to bailout Air France-KLM, according to French newspaper Le Monde https://t.co/h5ZSHTxpHq

— EUobserver (@euobs) March 29, 2021

#Europe #Covid_19: Daily Summary (March 29th)

Special focus on ⚠ #France ⚠

Data for #Germany, #Spain and #Italyhttps://t.co/RyChBM4107

— Christophe Barraud (@C_Barraud) March 29, 2021

Germany may come under pressure to impose a harder lockdown as the infection rate in the nation returns to January levels https://t.co/e39oUnxdiI

— Bloomberg Economics (@economics) March 28, 2021

Bank Of England Clamps Down On Brexit-Driven EU Relocations – FT https://t.co/RhD6XatkIc

— LiveSquawk (@LiveSquawk) March 29, 2021

One in four small U.K. exporters have halted sales to the EU because of red tape caused by Brexit, a survey says https://t.co/zrGACJ9nc7

— Bloomberg Economics (@economics) March 29, 2021

U.K. mortgage approvals fell more than forecast in February before Chancellor Rishi Sunak extended the stamp-duty holiday in his budget on March 3 https://t.co/u1FJygbTag

— Bloomberg Asia (@BloombergAsia) March 29, 2021

#Turkey #TRY | Turkish central bank Governor Sahap Kavcioglu said markets shouldn’t take for granted that he’ll cut interest rates as soon as April, when he sets monetary policy for the first time since his surprise appointment – Bloomberg

— Christophe Barraud (@C_Barraud) March 29, 2021

Read the full Q&A with Turkey’s newly appointed central bank Governor Sahap Kavcioglu here https://t.co/E6cD6b8DQ4

— Bloomberg Economics (@economics) March 29, 2021

Global Economy

Cargo ship blocking #Suez Canal has been refloated, says maritime services company – CNBChttps://t.co/v8V74fxCed

— Christophe Barraud (@C_Barraud) March 29, 2021

How a Chip Shortage Snarled Everything From Phones to Cars – Bloomberghttps://t.co/eyQGgJ0PxE

— Christophe Barraud (@C_Barraud) March 29, 2021

Week Ahead

⚠ Week Ahead – w13 (2021) ⚠https://t.co/YdZwlPa0OX

— Christophe Barraud (@C_Barraud) March 29, 2021

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