Saturday Brief – December 12th 2020
Global Economy
Total Negative-Yielding Debt Exceeds $18 Trillion Amid Massive Central Banks’ Interventions https://t.co/d9sW2OLBhR
— Christophe Barraud (@C_Barraud) December 11, 2020
BofA: Central Banks Are Buying $1.3 Billion In Assets Every Hour, Creating A "Frankenbull" Market https://t.co/kXph4DZGuB
— zerohedge (@zerohedge) December 11, 2020
Americas
United States #Covid_19: Daily Summary (December 12th)
➡ Regional/national data
➡ Latest Restrictionshttps://t.co/vuZxpADX31— Christophe Barraud (@C_Barraud) December 12, 2020
Here's an early look at the front page of The Wall Street Journal's weekend editionhttps://t.co/JctKo7RIql pic.twitter.com/R3lmUL8i4h
— The Wall Street Journal (@WSJ) December 12, 2020
Senate approves funding bill by voice vote to avert shutdown https://t.co/xoxC5FX9aV pic.twitter.com/uSuKxAfXCS
— The Hill (@thehill) December 12, 2020
Biden puts focus on domestic policy with rollout of his newest picks for administration jobs https://t.co/2ZtRD7r9uX
— Bloomberg Economics (@economics) December 11, 2020
U.S. court dismisses lawsuit that had challenged social media executive order https://t.co/aduNrdarQq pic.twitter.com/sGpKxKJgph
— Reuters Business (@ReutersBiz) December 12, 2020
Public Markets Mint #IPO Gold With ‘Massive’ Valuation Premiums – Bloomberg
*Link: https://t.co/p2dXmVexIW pic.twitter.com/xAzRhtnnAO— Christophe Barraud (@C_Barraud) December 12, 2020
From Airbnb to Tesla, It’s Starting to Feel Like 1999 All Over Again | Barron's https://t.co/HTlE57pPDq
— Edward Harrison (@edwardnh) December 12, 2020
The IPO bonanza on Wall Street has stirred uneasy memories of dotcom mania. Airbnb, DoorDash and Snowflake join the likes of Palm on the chart below ->
Nice piece by @EricGPlatt @michaellachlan @davidcarnevali https://t.co/tyjMDW7ryM pic.twitter.com/iUXf6c1JYP
— Adam Samson (@adamsamson) December 12, 2020
Asia
Follow our live updates on the coronavirus here:
— Global cases surpass 70 million
— US authorizes Pfizer COVID-19 vaccine for emergency use
— South Korea reports 950 new cases as of Friday midnighthttps://t.co/4cpsVpT0Oi— Nikkei Asia (@NikkeiAsia) December 12, 2020
South Korea reports record 950 cases amid COVID 'emergency'https://t.co/gbyBsEOBiL
— Nikkei Asia (@NikkeiAsia) December 12, 2020
China simplifies overseas remittances, slashing the piles of documentation previously required when sending money abroad for trade in services.https://t.co/kFiPnvsMa7
— Nikkei Asia (@NikkeiAsia) December 12, 2020
China’s Politburo, the top decision-making body of the Communist Party, vows to strengthen anti-monopoly efforts next year as it seeks to rein in what it called “disorderly capital expansion” https://t.co/yRarhF1hpS
— Bloomberg Economics (@economics) December 12, 2020
Mining accidents in China's coal industry are driving up the cost of the nation's cheapest fuel https://t.co/hCkJTT69pq
— Bloomberg Asia (@BloombergAsia) December 12, 2020
Europe
#Europe #Covid_19: Daily Summary (December 12th)
*Focus on #Germany, #Spain, #France and #Italy
HT @FLAHAULT, @Reuters, @ngbpadel2, @mianrey, @starjoin, @gforestier, @Fabien_L, @Corriere https://t.co/xt8Y0QQkOB
— Christophe Barraud (@C_Barraud) December 12, 2020
Comprehensive explainer on pandemic challenges facing Germany by my colleagues @naomikresge and @chrishreiter via @business. Well worth a read https://t.co/4TloBq14Ou
— Richard Jones (@RJ_FXandRates) December 12, 2020
EU States Urged To Push UK Into New Talks In Event Of No-Deal Brexit – FT https://t.co/toEOiKavzp
— LiveSquawk (@LiveSquawk) December 11, 2020
Britain to fast track some perishable goods at ports from Jan. 1 – BBC https://t.co/qSc0YqvOgB pic.twitter.com/r233YS8kCM
— Reuters Business (@ReutersBiz) December 12, 2020