U.S. stocks rose on Friday and the S&P 500 and Nasdaq registered their biggest weekly percentage gains since July as optimism over more federal fiscal aid grew. More here: https://t.co/moap9DU2ai pic.twitter.com/ePue0m1Ru1
— Reuters Business (@ReutersBiz) October 10, 2020
#Trump raises coronavirus stimulus offer to $1.8 trillion, about $400 billion less than Dems’ bill – CNBChttps://t.co/lQQ6Dumo81
— Christophe Barraud (@C_Barraud) October 9, 2020
We'll see if Democrats are overconfident and ready to a sign a deal Trump needs to push markets higher and boost his chances of being re-elected.https://t.co/LiW9bh7xJk
— Christophe Barraud (@C_Barraud) October 9, 2020
#Trump | Do not forget that a few days before the election, 3Q GDP figures could show a jump of more 30% QoQ Annualized.https://t.co/mIREvOByVu
— Christophe Barraud (@C_Barraud) October 9, 2020
— THE WHITE HOUSE’S top-line number is $1.8 trillion. The line the GOP can’t cross is $2 trillion. All depends on the details, but this is now significantly higher than the GOP’s previous top line, which was $1.5 trillion.
— Jake Sherman (@JakeSherman) October 9, 2020
SCOOP: Senate GOP sources tell me and @LJMoynihan latest stimulus proposal being floated by @larry_kudlow @stevenmnuchin1 @realDonaldTrump @SpeakerPelosi still faces stiff resistance in GOP senate and as of now @senatemajldr does not have the votes for a $1.8 trillion package
— Charles Gasparino (@CGasparino) October 9, 2020
Meanwhile, two sources close to Senate leadership said Trump is desperate, has zero leverage to push them to support a bill crafted by Pelosi & congressional Republicans aren’t inclined to wrap themselves any tighter to a sinking ship
— Alayna Treene (@alaynatreene) October 9, 2020
#Trump Says He Now Wants Bigger Stimulus Than Democrats Offering – Bloomberghttps://t.co/SisuEgjd0t
— Christophe Barraud (@C_Barraud) October 10, 2020
Biggest U.S. Banks Keep Assets at Safest Level in 35 Years – Bloomberg
*Link: https://t.co/mu8UB8wt3v pic.twitter.com/XVCV58a9Vi— Christophe Barraud (@C_Barraud) October 10, 2020
Japan August machinery orders seen falling as coronavirus hits investment: Reuters poll https://t.co/SNwDW0t8AD pic.twitter.com/iZAJytM8Av
— Reuters Business (@ReutersBiz) October 10, 2020
China will maintain “normal” monetary policy for as long as possible, according to the People’s Bank of China Governor Yi Gang https://t.co/97d4d9nWY1
— Bloomberg Economics (@economics) October 10, 2020
India’s central bank and the federal government have urged the nation’s Supreme Court to reject pleas by borrowers to extend a loan repayment holiday, sources say https://t.co/bDftBUKfEB
— Bloomberg Economics (@economics) October 10, 2020
North Korea staged a predawn military parade that appeared to be its biggest in two years https://t.co/JpdpnVU59m
— Bloomberg Asia (@BloombergAsia) October 10, 2020
China has deployed tens of thousands of soldiers on India’s Northern border, Secretary of State Michael Pompeo said https://t.co/KtDak2AWtE
— Bloomberg Asia (@BloombergAsia) October 10, 2020
#Europe #Covid_19: Daily Summary (October 10th)
*Focus on #Germany, #Spain, #France and #Italy
HT @FLAHAULT, @macroandfinance, @ngbpadel2, @starjoin, @gforestier, @Fabien_L, @Corrierehttps://t.co/tBXJuFrMWl
— Christophe Barraud (@C_Barraud) October 10, 2020
#Europe’s Record Cash Pile Set to Prime Next Stage of Bond Rally – Bloomberg
*Link: https://t.co/BtCATlAymf pic.twitter.com/OZxXPHp0oe— Christophe Barraud (@C_Barraud) October 10, 2020
Britain and the EU will continue discussions and pursue smaller agreements if wider trade talks fail next week https://t.co/QPYIAWI5bF
— Bloomberg Economics (@economics) October 10, 2020
Spain is prepared to extend its furlough program beyond January https://t.co/ybrdkWh5ak
— Bloomberg Economics (@economics) October 10, 2020