Morning Brief – March 5th 2021
Americas
WATCH: Wall Street ended sharply lower as the Nasdaq saw a decline of nearly 10% from its February record high https://t.co/DRvPfZzVnD pic.twitter.com/AHWSibdB7G
— Reuters Business (@ReutersBiz) March 5, 2021
Analysis: After weathering February storm, junk bonds count on Fed protection https://t.co/4e7pJ3HHvQ pic.twitter.com/byeRGxgKbS
— Reuters Business (@ReutersBiz) March 5, 2021
The Fed appears to be using the stock market as its measure of whether bond yields have risen too much, @johnauthers writes (via @bopinion) https://t.co/1oASuwaP9j
— Bloomberg Economics (@economics) March 5, 2021
Here's the latest news and headlines from the President Joe Biden's drive for a $1.9 trillion stimulus program https://t.co/RoiV5e2AKt
— Bloomberg Economics (@economics) March 5, 2021
U.S. States Can’t Resist Reopening Amid Daunting Case Counts – Bloomberghttps://t.co/RJGxM5jPs7
— Christophe Barraud (@C_Barraud) March 5, 2021
#Covid_19: Daily Summary (March 5th)
➡ News
➡ Restrictions (easing)
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/J0pQIUDl4T— Christophe Barraud (@C_Barraud) March 5, 2021
U.S. Commerce head to use tool to limit tech exports to China firms to 'full effect' – Reutershttps://t.co/TPVbCr2Lha
— Macro Brief (@macroandfinance) March 5, 2021
Americans support a tough stance on China, but are uncertain about Biden’s ability to deal with Beijing effectively, according to a new survey https://t.co/d3Tmmv81LD
— Bloomberg Economics (@economics) March 4, 2021
Asia
LIVE: Here's how Asia markets are reacting as China's National People's Congress opens its annual session in Beijing, with Premier Li's speech outlining the government's work report https://t.co/SIN9ZnInrL https://t.co/lw3Ed4bYJr
— Bloomberg Asia (@BloombergAsia) March 5, 2021
Negative bond yields showed up in China on Friday https://t.co/M3bjuHdi7r
— Bloomberg Asia (@BloombergAsia) March 5, 2021
LATEST: Here are other key highlights of the government’s work report from the first day of China's National People's Congress https://t.co/DucpE6e8Gj pic.twitter.com/0v1iXg7XDW
— Bloomberg (@business) March 5, 2021
#China sets 2021 GDP growth target of more than 6% as premier warns of ‘formidable tasks’ in finance – CNBChttps://t.co/qMPQjR3chm
— Christophe Barraud (@C_Barraud) March 5, 2021
Here's what economists are saying about China's growth target https://t.co/nRmRSgAE1M
— Bloomberg Economics (@economics) March 5, 2021
#China to Pour Money Into #Chips, #AI and #5G in Push to Catch U.S. – Bloomberghttps://t.co/fFtH8l2nSI
— Christophe Barraud (@C_Barraud) March 5, 2021
Beijing says disagreements are ‘normal’ and US and China can coexist as global powers https://t.co/WttVTG2zLE
— SCMP News (@SCMPNews) March 5, 2021
China is offering new backing for the development of nuclear power as a key tool in its drive to cut carbon emissions https://t.co/HEGvYA5GEi
— Bloomberg Economics (@economics) March 5, 2021
China rolled out a roadmap to boost crop production, including creating agricultural belts and providing sufficient subsidies to motivate grain farmers https://t.co/NjNKuMUA3y
— Bloomberg Economics (@economics) March 5, 2021
Chinese lawmakers will advance a proposal to overhaul #HongKong’s electoral system, pushing ahead with a controversial plan to limit the opposition’s ability to win public office https://t.co/MfmVFFYjkN via @bpolitics #China
— Fion Li (@fion_li) March 5, 2021
Europe
It's U.S. jobs report day
Powell sends dovish message that leaves bond market disappointed
Inflation, political woes threaten Brazil rebound
Here's a rundown of your top economic news today https://t.co/qM7OSXSHYw— Bloomberg Economics (@economics) March 5, 2021
#Europe #Covid_19: Daily Summary (March 5th)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/tp4cNOThdU
— Christophe Barraud (@C_Barraud) March 5, 2021
UK ministers scrapped a European Union cap on coronavirus-related state aid for businesses, tripling the grants that individual companies can claim https://t.co/zADjeGYI1Q
— Bloomberg Economics (@economics) March 5, 2021
UK has not breached Northern Ireland protocol: UK trade minister https://t.co/F8tTKrcAqK pic.twitter.com/26ijxKaTtS
— Reuters Business (@ReutersBiz) March 5, 2021
*Most Read:
U.S. Total Excess Personal Savings Will Be A Massive Economic Boost From 2Q
US Growth Will Exceed Expectations In 2021
U.S. 30-Year Mortgage Rates Are No Longer Below 3%