Morning Brief – September 17th 2020

17 September, 2020

Americas

stock futures were pointing ⬇ after the #Fed indicated its bench. interest rate will stay close to 0 at least through 2023 but announced no additional stimulus plans. New outcome-based guidance on the path of interest rates was also light on specifics.https://t.co/v31N6x8yVE
— Christophe Barraud (@C_Barraud) September 17, 2020

#Trump Calls on Republicans to Seek a Bigger Coronavirus Relief Deal – WSJhttps://t.co/CacRbDIWcj
— Christophe Barraud (@C_Barraud) September 17, 2020

#SEC Bolsters Safeguards Against Penny-Stock Fraud – WSJhttps://t.co/JZWMrR0QRU
— Christophe Barraud (@C_Barraud) September 17, 2020

Asia

-New Zealand economy shrinks the most since Great Depression
-World’s most stable currency is shielding Taiwan’s exports
-OECD lifts 2020 outlook, but warns full recovery to take time
Here’s the latest news and analysis from Bloomberg @economics https://t.co/YT87XQ3h7w
— Bloomberg Asia (@BloombergAsia) September 17, 2020

Bank of #Japan Takes Less Gloomy View on Economy, Stands Pat – Bloomberghttps://t.co/ZYyN0lBp6k
— Christophe Barraud (@C_Barraud) September 17, 2020

If history is any guide, Japanese stocks will do well under Suga https://t.co/IqITanhRXK
— Bloomberg (@business) September 16, 2020

Exclusive: U.S. pushes arms sales surge to Taiwan, needling China – sources https://t.co/2PnrFs4mjF pic.twitter.com/Mk5Ru2Xspg
— Reuters (@Reuters) September 16, 2020

Europe

stock futures were pointing ⬇ after the #Fed indicated its bench. interest rate will stay close to 0 at least through 2023 but announced no additional stimulus plans. New outcome-based guidance on the path of interest rates was also light on specifics.https://t.co/v31N6x8yVE
— Christophe Barraud (@C_Barraud) September 17, 2020

EURO STOXX 50 FUTURES EXTEND LOSSES, DOWN 1.3%
1/ #Fed’s new outcome-based guidance was light on specifics.
2/ The Fed didn’t change its guidance concerning asset purchases ➡ no additional stimulus plans.
3/ Jerome Powell highlighted uncertainty about the economic rebound.
— Christophe Barraud (@C_Barraud) September 17, 2020

#Europe #Covid_19: Daily Summary (September 17th)
*Focus on #Germany, #Spain, #France and #Italy https://t.co/qZdEG6k7a4
— Christophe Barraud (@C_Barraud) September 17, 2020

Comme discuté avec @V_Panayotis dans notre #MacrospitalityBrief, le gouvernement a fait le choix de ⬆ sa prévision de croissance 2020.
*Le rebond de l'activité est plus fort qu'attendu au T3.
*Prudence toutefois pour le T4: https://t.co/tgjrQZd6nx ⚠https://t.co/cVKcu4Fikz
— Christophe Barraud (@C_Barraud) September 17, 2020

#ECB’s Governing Council says that exceptional circumstances justify leverage ratio relief – Statementhttps://t.co/QplmdWVRvV
— Christophe Barraud (@C_Barraud) September 17, 2020

Chances of #Brexit deal fading every day, EU Commission chief says – Reutershttps://t.co/LqUc2NjSTr
— Christophe Barraud (@C_Barraud) September 17, 2020

Exclusive: New EU Trade Commissioner Dombrovskis tells @welt 'there is no basis for a FTA if U.K. does not comply with the Withdrawal Agreement. UK gov has to correct this before we continue negotiationg econ & pol relations' https://t.co/oQi27S0aVw
— StefanieBolzen (@StefanieBolzen) September 17, 2020