Morning Brief – October 21st 2020

Americas

Pelosi, Mnuchin Move Closer to Stimulus Deal Amid Senate Doubts – Bloomberghttps://t.co/kdL4YSlLF6

— Christophe Barraud (@C_Barraud) October 21, 2020

NEW PELOSI LETTER — notable: waiting on committees for resolution on items. They’ve been deadlocked. And also — “reach an agreement” before the election. pic.twitter.com/1Hdv1SHZHP

— Jake Sherman (@JakeSherman) October 20, 2020

The Senate GOP COVID bill doesn’t get the job done for the American people

Nothing for American families

Nothing to help keep Americans in their homes

Nothing for Americans who have lost their jobs

Democrats are fighting to pass the HEROES Act to give Americans real relief

— Chuck Schumer (@SenSchumer) October 20, 2020

a few impressions from today in stimulus world
— big that Munchin/Pelosi expect to come together tonight on testing/tracing. Mnuchin said last week he had accepted pelosi’s language. he hadnt, but now we are getting to the point that Mnuchin represented he was at last week

— Jake Sherman (@JakeSherman) October 20, 2020

Goldman Sachs on US stimulus talks – a deal doesn’t seem particularly close https://t.co/r1rGOn0iI0

— ForexLive (@ForexLive) October 21, 2020

*EVANS: #FED COULD BUY MORE ASSETS THAN AT MOMENT IF NEEDED – BBG
*EVANS: FED COULD EVENTUALLY DO MORE ACCOMMODATION IF NEEDED

— Christophe Barraud (@C_Barraud) October 20, 2020

Justice Department to File Long-Awaited Antitrust Suit Against Google – WSJhttps://t.co/An7uJ7eqfm

— Christophe Barraud (@C_Barraud) October 20, 2020

Trump says he may release contentious `60 Minutes' interview https://t.co/Te9eby4Tn8

— Bloomberg Asia (@BloombergAsia) October 21, 2020

Asia

China’s renminbi climbed to its highest level against the US dollar in more than two years on Thursday as investor confidence in the country’s economic recovery drove gains. Follow our live coverage here: https://t.co/C4goyFDve6 pic.twitter.com/nBMqFWvTpm

— Financial Times (@FinancialTimes) October 21, 2020

Chinese tech companies including Huawei seek curbs on Nvidia’s Arm deal, sources say https://t.co/13VZ35nMJm

— Bloomberg Asia (@BloombergAsia) October 21, 2020

Sinopharm says may be able to make over 1 billion #coronavirus vaccine doses in 2021 – Reuters
*About 60,000 people have received Chinese coronavirus vaccine candidates during Phase III clinical trials, with no serious side effects reported so far.https://t.co/rGZUibJ3wp

— Christophe Barraud (@C_Barraud) October 21, 2020

#SouthKorea October 1-20 Exports Y/Y: -5.8% v +7.7% in September (full month)
*Average Daily Exports Y/Y (1.5 less business days this year): +5.9%❗ v -4.0% in September (full month)
*Link (Korean): https://t.co/nhrvEiiucM pic.twitter.com/Vx7f1xhdLa

— Christophe Barraud (@C_Barraud) October 21, 2020

#China is able to keep economic growth rate in the range of 5%-6% in the next five years, Peng Sen, former vice chairman of National Development and Reform Commission, tells 21st Century Business Herald in an interview.
*Link (Chinese): https://t.co/QkGwwcfehF

— Christophe Barraud (@C_Barraud) October 21, 2020

Chinese scramble for Thailand's new special tourist visa.https://t.co/HEYssrfARD

— Nikkei Asia (@NikkeiAsia) October 21, 2020

Europe

ECB's Lagarde says the virus resurgence is a clear risk to the economy
⛴️ The EU has a plan to get a Brexit trade deal: Let Johnson claim he won
WTO race hits its key stage with U.S., EU divided
Here's a rundown of your top economic news today https://t.co/OrA3kg53HX

— Bloomberg Economics (@economics) October 21, 2020

#Europe #Covid_19: Daily Summary (October 21st)

*Focus on #Germany, #Spain, #France and #Italy

HT @FLAHAULT, @ForexLive, @ngbpadel2, @mianrey, @gforestier, @starjoin, @Fabien_L, @Corrierehttps://t.co/LO45FvRdzG

— Christophe Barraud (@C_Barraud) October 21, 2020

“The EU will try to help Johnson, one senior diplomat said. The bloc cares less about being seen to win, he said, than it does about getting a deal.” https://t.co/sUZ0VRhmXf

— Daniel Keohane (@KeohaneDan) October 21, 2020

Just in: EU chief Brexit negotiator Michel Barnier said that a deal with the UK was ‘within reach’, but underlined that the UK must now decide whether to return to the negotiating table https://t.co/Cv6FYlcfiE pic.twitter.com/QB1dchd6uo

— Financial Times (@FinancialTimes) October 21, 2020

ECB President Christine Lagarde says the unexpectedly early pickup in coronavirus infections is a “clear risk” to the economic outlook https://t.co/cYgnm3yDXe

— Bloomberg Economics (@economics) October 20, 2020

EU trade commissioner rejects US offer of tariff truce if Airbus repays billions in aid – Süddeutsche Zeitung https://t.co/ALAGaT72AM

— Christophe Barraud (@C_Barraud) October 21, 2020