Saturday Brief – August 29th 2020
Americas
Stocks rose on Friday to wrap up another strong week as the Dow tried to erase its losses of 2020.
The Dow climbed 0.57%
The S&P 500 was up 0.67%.
The NASDAQ rose 0.60%. pic.twitter.com/VZp5ginQgF— CNBC (@CNBC) August 28, 2020
The Fed's Jackson Hole summit concludes today. ⚡️ “Fed holds virtual Jackson Hole summit” https://t.co/3GG3uiRm7B
— CNBC (@CNBC) August 28, 2020
House Speaker Nancy Pelosi said Democrats would be willing to accept a slightly smaller coronavirus-aid package than their previous offer, but they remained at an impasse with the White House. https://t.co/t1WHj56Qw4
— Capital Journal (@WSJPolitics) August 27, 2020
Pelosi, White House call on COVID-19 aid ends without a breakthrough https://t.co/jFhnqobpVt pic.twitter.com/uD7WCZpBQ6
— Reuters India (@ReutersIndia) August 28, 2020
*PENTAGON ADDS MORE NAMES TO #CHINA `MILITARY COMPANIES' LIST – BBG
*U.S. ADDS CHINA THREE GORGES, SINOCHEM GROUP TO CHINA LIST— Christophe Barraud (@C_Barraud) August 28, 2020
Google, Facebook Dump #HongKong Cable After U.S. Security Alarm – Bloomberghttps://t.co/sKw2Nev5GE
— Christophe Barraud (@C_Barraud) August 29, 2020
Commercial real estate deals in New York City have taken a major hit as the pandemic continues to roil the local economy https://t.co/dv7oZBnZ4z
— Bloomberg Economics (@economics) August 29, 2020
Doctors find possible case of #Covid_19 reinfection in US – CNNhttps://t.co/EAaQ7sv7q6
— Christophe Barraud (@C_Barraud) August 29, 2020
Asia
Market watchers seem to be voicing a near consensus that Prime Minister Shinzo Abe’s resignation won’t immediately mean swerves in Japan’s economic agenda https://t.co/K9yYwBbuzL
— Bloomberg Economics (@economics) August 29, 2020
#Coronavirus latest: #Wuhan prepares to reopen all schools#COVID19 https://t.co/C7jZko5pCl
— Nikkei Asian Review (@NAR) August 29, 2020
Europe
#Europe #Covid_19: Daily Summary (August 29th)https://t.co/vOLu2ncMdh
— Christophe Barraud (@C_Barraud) August 29, 2020
Bloomberg Economics estimates 4 million UK jobs were still supported by the furlough program at the start of August, and with the scheme due to end in October a wave of job losses in the fall remains a huge risk (via @DanHanson41) https://t.co/iEHwFGYOYB pic.twitter.com/PvMFGzjSgs
— Bloomberg Economics (@economics) August 29, 2020
#France président Macron says he set red lines with #Turkey in eastern Mediterranean https://t.co/9lfb58oOhN
/via @ggeopo#EastMed #Greece #Oruc_Reis https://t.co/HcsuMgZBdk— Yannis Koutsomitis (@YanniKouts) August 29, 2020
The EU is considering imposing economic sanctions against Turkey over its gas drilling activities in the Eastern Mediterranean https://t.co/eQvDAbLxkl
— POLITICO (@politico) August 28, 2020