Morning Brief – September 8th 2020
Americas
As lawmakers straggle back to Washington for an abbreviated pre-election session, hopes are dimming for another coronavirus relief bill. https://t.co/kWHJfnJzWA
— WBTV News (@WBTV_News) September 8, 2020
#Trump Vows to Sharply Scale Back U.S. Economic Ties With #China – Bloomberghttps://t.co/DOaTxOne1S
— Christophe Barraud (@C_Barraud) September 8, 2020
U.S. May Ban Cotton From #Xinjiang Region of #China Over Rights Concerns – NYThttps://t.co/FQQJYEd5j5
— Christophe Barraud (@C_Barraud) September 8, 2020
US border agents turn up the heat on Chinese students https://t.co/dhWwTH2jvo
— Financial Times (@FT) September 8, 2020
Not a good weekend for Trump on the betting markets. @maximlott pic.twitter.com/uuJMDwRJcY
— Bespoke (@bespokeinvest) September 7, 2020
EXCLUSIVE: Exxon faces a shortfall of nearly $48 billion through 2021, according to a @Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company to make deep cuts to its staff and projects https://t.co/QxblcXsnqw by @Jennifer_Hiller $XOM pic.twitter.com/6qO8tSFK0N
— Reuters Business (@ReutersBiz) September 8, 2020
Asia
Hong Kong to loosen public gathering limits as cases fall https://t.co/evehLgltmp
— Bloomberg Asia (@BloombergAsia) September 8, 2020
Japan’s record GDP plunge is slightly worse than first estimated https://t.co/1nmLIWwBDn
— Bloomberg Economics (@economics) September 8, 2020
China’s Xi Jinping takes virus victory lap as pandemic rages elsewhere https://t.co/QVhUKAOkdp
— Bloomberg Asia (@BloombergAsia) September 8, 2020
#China Returns to Old Construction Playbook to Boost Growth – Bloomberghttps://t.co/z3Ki7oJrjD
— Christophe Barraud (@C_Barraud) September 8, 2020
#China Launches Initiative to Set Global Data-Security Rules – WSJ
*Move, unveiled Tuesday is meant to counter U.S. Clean Network efforthttps://t.co/EwFlT92uBq— Christophe Barraud (@C_Barraud) September 8, 2020
Thailand's plan to reopen Phuket to foreign visitors next month has been delayed due to a new virus case https://t.co/nfogVq1V89
— Bloomberg Economics (@economics) September 8, 2020
Europe
-French economic activity has returned to 95% normal levels
-Germany's debt spending may become the new normal, official says
-BOE chief economist warns against extending furlough program
Here's a rundown of your top economic news today https://t.co/f2vPJNgkAM— Bloomberg Economics (@economics) September 8, 2020
#Europe #Covid_19: Daily Summary (September 8th)https://t.co/R3V7bsBfIq
— Christophe Barraud (@C_Barraud) September 8, 2020
UK Covid-19 infections jump for second day running https://t.co/ENO5SEoUBR
— Financial Times (@FT) September 7, 2020
Eurozone GDP (Q/Q) Q2 F -11.8% (est -12.1%; prev -12.1%)
-Eurozone GDP (Q/Q) Q2 F -14.7% (est -15.0%; prev -15.0%)— LiveSquawk (@LiveSquawk) September 8, 2020
#France INSEE Confirms Prev Forecast of 9% Decline In French GDP This Year
*Activity Seen At 95% Of Pre-Outbreak Levels In Q3
*Activity Seen At 96% Of Pre-Outbreak Levels In Q4*Sees 3Q GDP at +17% and 4Q GDP at +1%
*Link: https://t.co/loJk98n5QV pic.twitter.com/L3AQI2FcZS— Christophe Barraud (@C_Barraud) September 8, 2020
France's economy recovers to around 95% of pre-crisis levels in August, but the statistics agency says the rebound may go only a little further https://t.co/IaSTV1b8sX
— Bloomberg Economics (@economics) September 8, 2020
Bank of England Chief Economist Andy Haldane warns against extending the U.K. government’s flagship coronavirus furlough program https://t.co/PEUA7wtAtu
— Bloomberg Economics (@economics) September 8, 2020
EU Warns Johnson Over Tampering With #Brexit Divorce Deal – Bloomberghttps://t.co/K11p1HaPCI
— Christophe Barraud (@C_Barraud) September 8, 2020
U.K.’s Frost Demands ‘Realism’ from EU as #Brexit Deadline Looms – Bloomberghttps://t.co/UQkWVpN3yg
— Christophe Barraud (@C_Barraud) September 8, 2020
The pound could fall a lot further if Boris Johnson really means what he says. And what to expect from the Nasdaq whale… https://t.co/dimaTrlCtd via @bopinion
— John Authers (@johnauthers) September 8, 2020
ECB will struggle to rein in the euro, say investors https://t.co/dKCK5Mowi3
— Financial Times (@FT) September 8, 2020
Poland urges Germany to halt the Nord Stream 2 gas pipeline over Navalny poisoning https://t.co/mWojto4AM6
— Bloomberg Asia (@BloombergAsia) September 8, 2020