Morning Brief – October 8th 2020

08 October, 2020

Americas

Pelosi: All #Trump wanted in coronavirus relief negotiations was ‘to send out a check with his name on it’ – Fox Newshttps://t.co/iQgDLrB4EO
— Christophe Barraud (@C_Barraud) October 8, 2020

Top #Fed Economist Says Much More QE Needed to Offset Zero Bound – Bloomberg
*Bond purchases equal to 30% of U.S. economic output, or about $6.5 trillion, are required.
*Paper: https://t.co/OnOf9YhnO1 https://t.co/oFDrQi3Oyx
— Christophe Barraud (@C_Barraud) October 8, 2020

U.S. Explores Curbs on Ant Group, Tencent Payment Systems – Bloomberghttps://t.co/iq0jVbwitR
— Christophe Barraud (@C_Barraud) October 8, 2020

Donald #Trump, in new video, vows to ‘make #China pay’ for coronavirus pandemic – SCMPhttps://t.co/IM0V5BfjZS
— Christophe Barraud (@C_Barraud) October 8, 2020

Analysts have been steadily raising the expectations bar for companies this quarter. Meanwhile estimates for fourth quarter economic growth are going down. All part of the expectations game. https://t.co/J0T0zhRbBs via @bopinion pic.twitter.com/ZlMwi9gGRb
— John Authers (@johnauthers) October 8, 2020

Proxies suggest that a new wave of bankruptcies is coming soon. pic.twitter.com/OTbRl77T9g
— Christophe Barraud (@C_Barraud) October 8, 2020

Trump administration plans to impose sanctions as soon as Thursday on Iran’s financial sector to further choke off its economy from the outside world https://t.co/UpYtBQnJFJ
— Bloomberg Economics (@economics) October 8, 2020

Asia

Japan's service sentiment hits two-and-a-half-year high, bankruptcies fall https://t.co/PvWASOILx1 pic.twitter.com/LLWVDUO2XG
— Reuters Business (@ReutersBiz) October 8, 2020

The Bank of Japan paints a less gloomy view of regional economies as activity picks up https://t.co/mqogbrdfTk
— Bloomberg Economics (@economics) October 8, 2020

Australia budget to bolster supply chains, domestic industry post-coronavirus and amid China turmoil #China #china #Australia #coronavirus https://t.co/WbYRUhNMLs pic.twitter.com/ezGbqpmuzK
— SCMP Economy (@scmpeconomy) October 8, 2020

The Reserve Bank of India’s new set of growth-focused policy makers will need to grapple with stubbornly high inflation in their first meeting this week https://t.co/zpUaSTLfOS
— Bloomberg Economics (@economics) October 8, 2020

#China's 2060 carbon neutral goal bill could hit over $5 trillion – Reutershttps://t.co/KvSOxqAl2I
— Christophe Barraud (@C_Barraud) October 8, 2020

China has threatened to invade Taiwan for more than seven decades. Now fears are growing it might actually follow through over the next few years https://t.co/X9fYjEdQGt
— Bloomberg Asia (@BloombergAsia) October 8, 2020

Europe

UK job and investment plans stall with business in the doldrums
Italy gets a rare chance to sort out its issues
Fragile European banks are bracing for Covid-era distressed loans
Here's a rundown of your top economic news today https://t.co/lveYujKusk
— Bloomberg Economics (@economics) October 8, 2020

#Europe #Covid_19: Daily Summary (October 8th)
*Focus on #Germany, #Spain, #France and #Italy
HT @johnauthers, @FLAHAULT, @LiveSquawk, @ngbpadel2, @starjoin, @gforestier, @FabLeveque, @Corriere https://t.co/6E3REfTkBj
— Christophe Barraud (@C_Barraud) October 8, 2020

#Europe Struggles to Curb Virus With Records in #Spain, #France – Bloomberghttps://t.co/ZPnjVc5zMl
— Christophe Barraud (@C_Barraud) October 8, 2020

Just talked to @BorisJohnson
The EU prefers a deal, but not at any cost.
Time for the UK to put its cards on the table. #EUCO #15-16October
— Charles Michel (@eucopresident) October 7, 2020

Banque de #France: Point sur la conjoncture française
à fin septembre 2020
*Lien: https://t.co/8kb4TYOcfY pic.twitter.com/GAIvMlR58C
— Christophe Barraud (@C_Barraud) October 8, 2020

Greek 10-year bond yields fall to a record low as support from the ECB and EU ease concerns about an economic fallout from the pandemic https://t.co/vcYlgH965j
— Bloomberg Asia (@BloombergAsia) October 8, 2020