Morning Brief – October 5th 2020
Americas
U.S. stock futures rise on Trump's health progress https://t.co/7BfRSy3irh pic.twitter.com/UJyyQk4imU
— Reuters Business (@ReutersBiz) October 5, 2020
Simultaneous outbreaks of flu and #COVID19 could drain the state's health care resources.
That's why it is crucial that Californians take the proper precautions to protect themselves and their families by getting a flu shot. #FightFluTogether pic.twitter.com/1N15YnaVlf
— Office of the Governor of California (@CAgovernor) October 4, 2020
#NYC Mayor De Blasio says schools, non-essential businesses in 9 zipcodes to close due to spike in coronavirus cases – MarketWatchhttps://t.co/Tp07Xf1Req
— Christophe Barraud (@C_Barraud) October 5, 2020
— Donald J. Trump (@realDonaldTrump) October 4, 2020
U.S. House Speaker Pelosi says making progress on coronavirus relief legislation – Reutershttps://t.co/AF2GK82gMb
— Christophe Barraud (@C_Barraud) October 5, 2020
The U.S. government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles https://t.co/hYg8eDFRRO
— Bloomberg Economics (@economics) October 5, 2020
Asia
-Australia stocks rise more than 2%
-Japan, Hong Kong, South Korea stocks ⬆️
-U.S. futures ⬆️
-Oil ⬆️ to $37.98 a barrelhttps://t.co/h7ONWrA4aa pic.twitter.com/eJVOAwUgwZ— Bloomberg Asia (@BloombergAsia) October 5, 2020
BOJ's Kuroda warns pandemic to keep economic uncertainty 'very high' https://t.co/x8iXRlPhT7 pic.twitter.com/8z1V9kRasI
— Reuters Business (@ReutersBiz) October 5, 2020
SMIC Says U.S. Is Placing Export Restrictions on Suppliers – Bloomberghttps://t.co/uQutEWi6ZU
— Christophe Barraud (@C_Barraud) October 5, 2020
Indian Prime Minister Modi's key economic reforms are stalling during the nation’s worst crisis in decades https://t.co/TNTztP1rAw
— Bloomberg Asia (@BloombergAsia) October 5, 2020
Singapore’s budget will likely feel the virus strain for a number of years, the deputy prime minister says https://t.co/2rFZm0vWSj
— Bloomberg Economics (@economics) October 5, 2020
Europe
Covid hastens an overdue reckoning for the UK economy
ECB has a messaging problem as Lagarde-Lane dynamic muddies view
Spain’s toxic politics, health woes have got Merkel worried
Here's a rundown of your top economic news today https://t.co/vYttvP3u2m— Bloomberg Economics (@economics) October 5, 2020
#Europe #Covid_19: Daily Summary (October 5th)
*Focus on #Germany, #Spain, #France and #Italy
HT @FLAHAULT, @LiveSquawk, @ngbpadel2, @starjoin, @gforestier, @Fabien_L, @Corrierehttps://t.co/p5jqivZPmc
— Christophe Barraud (@C_Barraud) October 5, 2020
#France to Close Paris Bars as #Covid_19 Cases Spike, AFP Says – Bloomberghttps://t.co/FlVxgDOvu5
— Christophe Barraud (@C_Barraud) October 5, 2020
#SPAIN SEPT SERVICES PMI: 42.4 V 46.4E (2nd straight contraction and lowest since May 2020)
– Composite PMI: 44.3 v 47.7e (2nd straight contraction)
*Markit: Rising #COVID-19 infections served to undermine activity in the services sector.
*Link: https://t.co/NXFhi48YPv pic.twitter.com/atTqbTKEdV— Christophe Barraud (@C_Barraud) October 5, 2020
The German economy is gaining strength while many other European economies show little sign of life https://t.co/kngxV1zFBx
— Bloomberg Economics (@economics) October 5, 2020
UK's Sunak warns of economic and social impact of lockdowns: The Sun https://t.co/aB6xrez9rn pic.twitter.com/clHT9GeT18
— Reuters Business (@ReutersBiz) October 5, 2020
#Brexit Negotiators Brace for a Summit Showdown as Talks Lurch On – Bloomberghttps://t.co/dEjFKVm86v
— Christophe Barraud (@C_Barraud) October 5, 2020
UK car sales fall for a second straight month, erasing hopes of a quick recovery https://t.co/aN0zWkKoUH
— Bloomberg Economics (@economics) October 5, 2020