Morning Brief – October 30th 2020
Americas
U.S. Economy Expands at Record 33.1% Pace After #Covid Plunge – Bloomberghttps://t.co/TtM82zhQMd
— Christophe Barraud (@C_Barraud) October 29, 2020
House Speaker Nancy Pelosi says the 3rd quarter GDP number proves that stimulus works. She tells @DavidWestin that more stimulus is urgently needed https://t.co/RNE4RBziQn pic.twitter.com/QScTgQwXbv
— Bloomberg TV (@BloombergTV) October 29, 2020
Megacap #Tech Disappoints Market Where Nothing’s Good Enough – Bloomberg
*Link: https://t.co/A4VHdivjnI pic.twitter.com/hJfVabqbBL— Christophe Barraud (@C_Barraud) October 30, 2020
Daily #coronavirus cases reached a new high on Thursday with more than 87,100 cases – CNNhttps://t.co/i1BRlOPEGu
— Christophe Barraud (@C_Barraud) October 30, 2020
#Midwest Extends #Covid_19 Surge, With Highs in #Illinois, #Iowa – Bloomberg
*Link: https://t.co/f9zITFMCzp pic.twitter.com/ufJJHSXtLr— Christophe Barraud (@C_Barraud) October 30, 2020
State and local leaders order new restrictions amid autumn’s #coronavirus surge – Washington Posthttps://t.co/XVMyuhinW3
— Christophe Barraud (@C_Barraud) October 30, 2020
Record-breaking early voting in U.S. election tops 80 million – Reutershttps://t.co/TT21XbIKjO
— Christophe Barraud (@C_Barraud) October 30, 2020
US counters #China in #SriLanka and #Maldives by driving a wedge – Nikkeihttps://t.co/UfygemmEH5
— Christophe Barraud (@C_Barraud) October 30, 2020
Justin Trudeau’s government is considering new annual permanent spending that represents just under 1% of total economic output https://t.co/dqiw1ZZltg
— Bloomberg Economics (@economics) October 29, 2020
Asia
China to set detailed economic targets for 2021-2025 – state planner https://t.co/CKtiy2pgtW pic.twitter.com/8ZeBLPCUbp
— Reuters Business (@ReutersBiz) October 30, 2020
Western Australia state, which has been cut off from the rest of the nation since March, has announced it intends to start removing its hard border next month https://t.co/BjBDidoPBh
— Bloomberg Asia (@BloombergAsia) October 30, 2020
#JAPAN | #BOJ CUTS FREQUENCY OF 1-3YR, 3-5YR JGB BUYS FOR NOV. – BBG
— Christophe Barraud (@C_Barraud) October 30, 2020
Singapore’s unemployment rate in the third quarter rose to a 16-year high https://t.co/bzNXPrPUF7
— Bloomberg Asia (@BloombergAsia) October 30, 2020
Tokyo 2020 reverses 'no refund' policy in Japan from Nov. 10https://t.co/LRz7MVQJjk
— Nikkei Asia (@NikkeiAsia) October 30, 2020
China says a complete decoupling between itself and the U.S. just isn't possible.https://t.co/GKRPbh6RvO
— Nikkei Asia (@NikkeiAsia) October 30, 2020
A handful of countries in Europe and Asia are seeking a green recovery from the pandemic https://t.co/c5BthFeR8r
— Bloomberg Economics (@economics) October 30, 2020
Europe
Fed has "arsonist and fireman" reputation traders can't ignore
Trump's China scorecard shows many defeats, and one big change
Trudeau considers adding new social programs
Here's a rundown of your top economic news today https://t.co/vml8O2nJcR— Bloomberg Economics (@economics) October 30, 2020
#Europe #Covid_19: Daily Summary (October 30th)
*Focus on #Germany, #Spain, #France and #Italy
HT @MRC_Outbreak, @FLAHAULT, @ForexLive, @vincentglad, @ngbpadel2, @ramonfornose, @mianrey, @gforestier, @starjoin, @Fabien_L, @Corriere https://t.co/kN4btjDkAE
— Christophe Barraud (@C_Barraud) October 30, 2020
Global #coronavirus cases rise by single-day record of half a million – Reutershttps://t.co/pdt0NqO560
— Christophe Barraud (@C_Barraud) October 30, 2020
GERMAN FINANCE MINISTER SAYS #CORONAVIRUS SPREAD IS ACCELERATING SO WE MUST TAKE DRASTIC MEASURES – RTRS
— Christophe Barraud (@C_Barraud) October 30, 2020
#EUROZONE Q3 ADVANCE GDP Q/Q: 12.7% V 9.6%E; Y/Y: -4.3% V -7.0%Ehttps://t.co/k5bKkHqgeE
— Christophe Barraud (@C_Barraud) October 30, 2020
*FRENCH FINANCE MINISTER LE MAIRE SPEAKS ON FRANCE INTER RADIO – BBG
*LE MAIRE: FRENCH ECONOMY TO CONTRACT 11% IN 2020— Christophe Barraud (@C_Barraud) October 30, 2020
#France Says Second Lockdown Will Cut Economic Output by 15% – Bloomberghttps://t.co/VaqCgT0yBV
— Christophe Barraud (@C_Barraud) October 30, 2020
#ECB'S HOLZMANN: RIGHT TO ASSUME LAGARDE SIGNALED MORE STIMULUS – BBG
*HOLZMANN: ECB MAY THINK OF NEW ISTRUMENTS BY DECEMBER— Christophe Barraud (@C_Barraud) October 30, 2020
ECB policy maker Robert Holzmann says it is right to assume that Christine Lagarde signaled more monetary stimulus is coming, though not until December https://t.co/xmobceXUSa
— Bloomberg Economics (@economics) October 30, 2020
*MERSCH SAYS #ECB ALL IN AGREEMENT ON NEED TO RECALIBRATE – BBG
— Christophe Barraud (@C_Barraud) October 30, 2020
*#ECB LAGARDE: DON'T KNOW YET IF ECONOMY WILL SHRINK IN 4Q – BBG
➡ In my opinion, there is no doubt that:
*Bloomberg consensus is too optimistic
*4Q GDP will contract pic.twitter.com/30BVgxyD7e— Christophe Barraud (@C_Barraud) October 29, 2020