Morning Brief – September 2nd 2020
Americas
#Tech Traders Say Options Hedging Is Firing Up Rally in Nasdaq – Bloomberg
*Link: https://t.co/bojrX84qTC pic.twitter.com/1KiXRVAbHj— Christophe Barraud (@C_Barraud) September 2, 2020
The U.S. recorded fewer than 34,000 new Covid-19 cases, according to data compiled by Johns Hopkins University, continuing a slowdown in new infections https://t.co/lA2p5vw9ir
— The Wall Street Journal (@WSJ) September 1, 2020
U.S. New #Vehicle Sales Rose to 6-Month High in August But Remained Well Below Pre-Crisis Level
*The #auto sector should support August retail sales that will be released on Sep. 16th.https://t.co/D0Pq8HOwwa— Christophe Barraud (@C_Barraud) September 2, 2020
With activity at just two-thirds of pre-virus levels, the U.S. is the worst performing of the advanced economies Bloomberg Economics is tracking https://t.co/9ao040DvQc
— Bloomberg Asia (@BloombergAsia) September 2, 2020
#WH’s Meadows says state and local aid is biggest road block to stimulus deal, despite ‘real progress’ – CNBChttps://t.co/tvjHRZaD2o
— Christophe Barraud (@C_Barraud) September 2, 2020
Bad blood between Pelosi, Meadows complicates coronavirus talks https://t.co/WcD0DPApVc pic.twitter.com/vdy6q5H1Lk
— The Hill (@thehill) August 31, 2020
Pelosi Statement on Phone Call with Secretary Mnuchinhttps://t.co/RmD26cW5iQ
“Sadly, this phone call made clear that Democrats and the White House continue to have serious differences understanding the gravity of the situation that America’s working families are facing."
— Christophe Barraud (@C_Barraud) September 2, 2020
Fed’s Tom Barkin Says Economy Will Need Sustained Support – WSJ
https://t.co/lDthvsVrNG— LiveSquawk (@LiveSquawk) September 2, 2020
Asia
Coronavirus update:
Hong Kong begins China-led mass testing
India leads global rise in new weekly cases, while deaths down
How classrooms are coping with COVIDhttps://t.co/AIkIfb2qKQ pic.twitter.com/xtCZ7Ln9hV— Reuters (@Reuters) September 1, 2020
#China’s Stock Market is Rebounding More Broadly Than the U.S. – Bloomberg
*Link: https://t.co/Pc3vhu6k4J pic.twitter.com/6icgt1GNZ2— Christophe Barraud (@C_Barraud) September 2, 2020
⚡️ “Shinzo Abe's right-hand man Yoshihide Suga joins Japan's PM race”#YoshihideSuga #菅義偉 https://t.co/1y90zKvsG4
— Nikkei Asian Review (@NAR) September 2, 2020
Japan's Suga says he will push forward 'Abenomics' policies if he becomes PM https://t.co/APEtUgWi8i pic.twitter.com/znbu3C0c3p
— Reuters (@Reuters) September 2, 2020
Australia's relations with Beijing are fraying, while both India & Japan have unresolved boundary disputes with China that have escalated.
Thus, Canberra, New Delhi & Tokyo are pushing for supply chain resilience, to reduce dependency on Beijing. https://t.co/w5tBGScI0O
— Nikkei Asian Review (@NAR) September 1, 2020
South Korea is bracing for its second typhoon in a week https://t.co/rBhoNTPRV7
— Bloomberg Asia (@BloombergAsia) September 2, 2020
China must reform financial markets to ward off US financial sanctions, think tank urges #China #china https://t.co/ceIx9zgACb
— SCMP Economy (@scmpeconomy) September 1, 2020
Europe
#Europe #Covid_19: Daily Summary (September 2nd)https://t.co/aFWqNxqMDG
— Christophe Barraud (@C_Barraud) September 2, 2020
-Euro surge is ECB's newest complication for pandemic economy
-Sunak has 60 billion problems, but taxes aren's one of them yet
-UK faces October cliff edge with the end of wage and loan support
Here's a rundown of your top economic news today https://t.co/MRTZNWMviw— Bloomberg Economics (@economics) September 2, 2020
Germany to sell debut green debt as it seeks to dominate market https://t.co/kpmjQR6oHq
— Bloomberg Economics (@economics) September 2, 2020
Let's agree simple parts of Brexit deal first, Britain tells EU https://t.co/DcRtvVggCR pic.twitter.com/gpATkJA2qS
— Reuters UK (@ReutersUK) September 1, 2020
Scotland's first minister Nicola Sturgeon has revived plans for a possible second Scottish referendum on independence from the UK https://t.co/aw2rb7yjsD
— Financial Times (@FinancialTimes) September 1, 2020
With summer over and the Brussels bubble heading back to work, here's our guide on what to watch out for in the EU policy arena in the coming months https://t.co/nqz0UV2Bpt
— POLITICOEurope (@POLITICOEurope) September 2, 2020