Morning Brief – October 16th 2020

16 October, 2020

Americas

Wall Street ended lower after U.S. weekly jobless claims unexpectedly rose to a two-month high, compounding worries about a stalling economic recovery. Read more https://t.co/jQ1TIBFuun pic.twitter.com/m75BFIM4ba
— Reuters Business (@ReutersBiz) October 16, 2020

#Covid’s Midwest Surge Hits Populous Illinois, Ohio and Michigan – Bloomberg
*Link: https://t.co/4Cs1tPHpHq pic.twitter.com/fFVtXFWIwm
— Christophe Barraud (@C_Barraud) October 16, 2020

McConnell pushes back on 'higher amount' for COVID-19 stimulus https://t.co/pF1I9GUydc pic.twitter.com/PdC7iE0hwt
— Reuters Business (@ReutersBiz) October 15, 2020

Mnuchin Says Trump to Lean on McConnell If Stimulus Deal Reached – Bloomberghttps://t.co/nKAwsSeh4m
— Christophe Barraud (@C_Barraud) October 16, 2020

Millions of workers face jobless benefits cliff with lifeline set to expire – Politicohttps://t.co/xVL58haauH
— Christophe Barraud (@C_Barraud) October 16, 2020

The Treasury Market May Be So Big That the #Fed Can’t Step Away – Bloomberghttps://t.co/W8lmysBgg7
— Christophe Barraud (@C_Barraud) October 16, 2020

If Big Tech persists, in coordination with the mainstream media, we must immediately strip them of their Section 230 protections. When government granted these protections, they created a monster!pic.twitter.com/velyvYTOR0
— Donald J. Trump (@realDonaldTrump) October 15, 2020

FCC to move forward with considering executive order targeting tech's liability shield – The Hillhttps://t.co/iqHM3ZyZHw
— Christophe Barraud (@C_Barraud) October 16, 2020

#Trump Says U.S. to Strike Harder If EU Starts $4 Billion Tariffs – Bloomberghttps://t.co/WRQKvmA1yW
— Christophe Barraud (@C_Barraud) October 16, 2020

Asia

China’s yuan surged past a key technical level, a sign that the central bank may soon be forced to rein in further strength in the currency https://t.co/T6rVqpzcLE
— Bloomberg Asia (@BloombergAsia) October 16, 2020

#China Set to Pass Its Own Law Protecting Vital #Tech From U.S. – Bloomberghttps://t.co/cSmUWCwyee
— Christophe Barraud (@C_Barraud) October 16, 2020

Bank of Japan official downplays fears over China's digital currency https://t.co/6fMH6EmR3J pic.twitter.com/3JUUA95zTU
— Reuters Business (@ReutersBiz) October 15, 2020

#NewZealand Prime Minister Jacinda Ardern looks set for a resounding election victory on Saturday as voters applaud her masterful handling of the #coronavirus pandemic.
Here's what to know about the #NZElection2020. More @business: https://t.co/gZq1pHNkgn #NZPolitics pic.twitter.com/VW4CAUYPVo
— Bloomberg QuickTake (@QuickTake) October 16, 2020

New Zealand heads for its ‘most leftwing government’ in decades with Jacinda Ardern, dubbed 'the progressive anti-Trump', leading Labour to a commanding poll lead ahead of Saturday's election https://t.co/yxr6ROkrP4 @FT pic.twitter.com/sMnQ6J2UEr
— Jamie Smyth (@JamieSmythF) October 16, 2020

Europe

Here's a rundown of your top economic news today https://t.co/Rlpd9Il096
— Bloomberg Asia (@BloombergAsia) October 16, 2020

#Europe #Covid_19: Daily Summary (October 16th)
*Focus on #Germany, #Spain, #France and #Italy
HT @johnauthers, @vdwnico, @FLAHAULT, @ForexLive, @ngbpadel2, @mianrey, @starjoin, @gforestier, @Fabien_L, @Corriere https://t.co/WnjYSfeV40
— Christophe Barraud (@C_Barraud) October 16, 2020

#France Virus Cases Surge as #Paris, #London Head for Clampdown – Bloomberghttps://t.co/vH049jY4Oq
— Christophe Barraud (@C_Barraud) October 16, 2020

Here's what the key Brexit talks mean for the British pound https://t.co/M9eVr7iegu
— Bloomberg Asia (@BloombergAsia) October 16, 2020

There’s currently no reason for the ECB to add monetary stimulus, though the outlook could change by the time officials meet in two weeks, Irish policy maker Gabriel Makhlouf says https://t.co/NUgWCTEisO
— Bloomberg Asia (@BloombergAsia) October 16, 2020

#France and #Netherlands join forces to back EU move against tech giants – FThttps://t.co/A8lLNVwkCw
— Christophe Barraud (@C_Barraud) October 16, 2020