Morning Brief – September 21st 2020
Americas
US ruling on #China’s alleged yuan undervaluation could stoke further rift in relations – SCMP
*The US is due to conclude its preliminary investigation into whether the #yuan is being undervalued to give Chinese exporters an advantage on Monday.https://t.co/7LS6zPCJUq— Christophe Barraud (@C_Barraud) September 21, 2020
U.S. judge halts Commerce Department order to remove #WeChat from app stores – Reutershttps://t.co/w2lMj61tNx
— Christophe Barraud (@C_Barraud) September 20, 2020
'FinCEN' documents reportedly show banks moved illicit funds – BuzzFeed, ICIJ – Reutershttps://t.co/AOmpScLNPj
— Christophe Barraud (@C_Barraud) September 21, 2020
State: #California to Pause Unemployment Claims for 2 Weeks – US Newshttps://t.co/dJtjMghWyN.
— Christophe Barraud (@C_Barraud) September 21, 2020
Republican senator says plans to confirm justice before election "completely consistent with the precedent" https://t.co/RwFWyfkQ6U pic.twitter.com/hRrbSA1WxQ
— The Hill (@thehill) September 21, 2020
Nikola founder Trevor Milton steps down as executive chairman effective immediately https://t.co/esNLuuZTmw
— Bloomberg Asia (@BloombergAsia) September 21, 2020
Asia
Good morning, Asia. This was our most read story over the weekend.https://t.co/LubIK8H4eL
— Nikkei Asian Review (@NAR) September 21, 2020
#Coronavirus latest
-Global cases top 30.8 million, with deaths exceeding 958,400
-U.S. close to 200,000 Covid-19 deaths
-Myanmar locks down biggest city as cases soar ahead of elections
-South Korea to tighten social distancing rules for Chuseok holidayshttps://t.co/7o9emw0h0C pic.twitter.com/NnDk5h62dn— Bloomberg Asia (@BloombergAsia) September 21, 2020
HSBC Shares Fall to 25-Year Low on #China Fears, Banks Report – Bloomberg
*Link: https://t.co/0ogNk9hVGu pic.twitter.com/FXTH3SWiOY— Christophe Barraud (@C_Barraud) September 21, 2020
-HSBC shares fall to the lowest since 1995, dragging the Hang Seng Index about 1% lower
-Australia, China and South Korea stocks ⬇️
-U.S. futures ⬇️
-Gold ⬆️
-Oil trades steady at about $41 a barrelhttps://t.co/LEvmFKGP6C pic.twitter.com/d8Tq7IDb0t— Bloomberg Asia (@BloombergAsia) September 21, 2020
Secret documents show how #NorthKorea launders money through U.S. banks – NBC Newshttps://t.co/0lfkGBjZfA
— Christophe Barraud (@C_Barraud) September 21, 2020
#SouthKorea September 1-20 Exports Y/Y: +3.6% v -9.9% in August (full month)
*Average Daily Exports Y/Y (two more business day this year): -9.8%❗ v -3.8% in August (full month)
*Link (Korean): https://t.co/nhrvEiiucM pic.twitter.com/Fok6Dcez8q— Christophe Barraud (@C_Barraud) September 21, 2020
South Korea’s early trade data showed exports rebounding in September, buoyed by more work days and growing demand for cars and semiconductors from economies gradually reopening https://t.co/UIHP7WstRL
— Bloomberg Economics (@economics) September 21, 2020
Taiwan president says drills show China is threat to regionhttps://t.co/EicHS4IL1r
— Nikkei Asian Review (@NAR) September 21, 2020
Europe
-The virus is putting Britain's next industrial revolution on ice
-UK house prices up most since 2016 as Britons seek more space
-Goldman revises calls on depth of Turkey's recession, rate hikes
Here's a rundown of your top economic news today https://t.co/v5oA2m2MLr— Bloomberg Economics (@economics) September 21, 2020
#Europe #Covid_19: Daily Summary (September 21st)
*Focus on #Germany, #Spain, #France and #Italy https://t.co/swwyIcJWr1
— Christophe Barraud (@C_Barraud) September 21, 2020
U.K. at ‘Critical Point’ in Virus Surge With London at Risk- Bloomberghttps://t.co/GYhlIK559q
— Christophe Barraud (@C_Barraud) September 21, 2020
The virus is putting Britain’s next industrial revolution on ice (via @lucy_meakin) https://t.co/TIjjq5TokQ pic.twitter.com/LQeh3FBeWK
— Bloomberg Economics (@economics) September 21, 2020
A U.K. housing market boom gathered pace this month as Britons’ pandemic-driven desire for more living space and a tax break on purchases pushed asking prices up by the most in four years https://t.co/ZbGAQSRX1V
— Bloomberg Economics (@economics) September 21, 2020
#Italy Regional Vote Could Fuel Tension in Unruly Coalition – Bloomberghttps://t.co/SY2wb4dpVI
— Christophe Barraud (@C_Barraud) September 21, 2020
#ECB to review flagship bond-buying tool in fighting Covid crisis – FThttps://t.co/kIx7PFauAa
— Christophe Barraud (@C_Barraud) September 21, 2020