Saturday Brief – October 17th 2020
Americas
The S&P 500 and Dow posted nominal gains while Nasdaq finished lower as optimism about coronavirus vaccine developments and better-than-expected retail sales data brought buyers back to the market. Read more https://t.co/kreKmDunV3 pic.twitter.com/7mtwQYyvBb
— Reuters Business (@ReutersBiz) October 17, 2020
Daily coronavirus thread: The US reported its biggest one-day jump in cases since July, South Korea’s job market worsened and remdesivir was found to have no impact on Covid-9 mortality, the WHO said. Follow our live coverage: https://t.co/SMGGV8fgCt
— Financial Times (@FinancialTimes) October 16, 2020
There were 63,330 cases reported on Thursday, the most in more than two months – Bloomberg (citing Johns Hopkins University data)
*The trailing 7-day avg of cases ⬆ by ~9%
*Cases nationwide have been rising since mid-Sep. as the virus spread through the Sun Belt.— Christophe Barraud (@C_Barraud) October 17, 2020
U.S. Treasury urged PPP lenders to focus on existing customers: Congress report https://t.co/oNN9zl6CYi pic.twitter.com/Bw8fxKkzNY
— Reuters Business (@ReutersBiz) October 16, 2020
Twitter is no longer restricting people from sharing links to a controversial New York Post story that contains potentially damaging allegations about Joe Biden https://t.co/B06LkvEHJg
— Bloomberg Asia (@BloombergAsia) October 17, 2020
Trump praises Georgia congressional candidate who has backed QAnon https://t.co/vu0zJsxFNJ
— Bloomberg Asia (@BloombergAsia) October 17, 2020
Zuckerberg, Dorsey and Pichai to Testify on Content Policies – WSJhttps://t.co/Y40nphM4X1
— Christophe Barraud (@C_Barraud) October 17, 2020
Citadel Securities Sues SEC, Escalating Fight Over IEX Order – Bloomberghttps://t.co/RXOyUSV7S4
— Christophe Barraud (@C_Barraud) October 17, 2020
Asia
China's economic recovery gathered pace in the third quarter, according to an @AFP poll of analysts, with consumer spending gradually picking up as coronavirus fears ease, helping a wider rebound spurred by investment and exports https://t.co/tjOVBHMaZo pic.twitter.com/B3rXSAgQDl
— AFP news agency (@AFP) October 17, 2020
Labour wins landslide victory in New Zealand election https://t.co/v0vzVtcPI5
— Financial Times (@FinancialTimes) October 17, 2020
BOJ's deputy governor sees need for new accord with government https://t.co/gh5618EbV0 pic.twitter.com/BL0lOwZMg2
— Reuters Business (@ReutersBiz) October 16, 2020
Shenzhen's success overshadows China's other special economic zoneshttps://t.co/b8GenEkYJb
— Nikkei Asia (@NikkeiAsia) October 17, 2020
China's 'red lines' on Taiwan in play as Biden challenges Trump.https://t.co/hSFwcHXSK7
— Nikkei Asia (@NikkeiAsia) October 17, 2020
Europe
#Europe #Covid_19: Daily Summary (October 17th)
*Focus on #Germany, #Spain, #France and #Italy
HT @FLAHAULT, @ngbpadel2, @mianrey, @starjoin, @gforestier, @Fabien_L, @Corrierehttps://t.co/8pr14xD5xu
— Christophe Barraud (@C_Barraud) October 17, 2020
U.K. Adds a Credit Rating Cut by Moody’s to Its List of Woes – Bloomberg
*Moody’s lowered Britain’s credit score by one notch to Aa3https://t.co/3PwrT6WAU3— Christophe Barraud (@C_Barraud) October 17, 2020
Moody's downgrades UK as COVID-19 and Brexit hit debt outlook https://t.co/5pJ2OZhljy pic.twitter.com/r5KV1FMKbe
— Reuters Business (@ReutersBiz) October 17, 2020
DBRS Morningstar Downgrades Republic of #France to AA (high), Trend Changed to Stable
*Link: https://t.co/BCClpNQn0j pic.twitter.com/fU1iRxQiVO— Christophe Barraud (@C_Barraud) October 17, 2020
Boris Johnson's tough talk on a no-deal Brexit may not be all it seems | Anand Menon https://t.co/S4PRQJ9Zyv
— John Authers (@johnauthers) October 16, 2020
The EU is likely to hold off on new tariffs on the U.S. until after Nov. 3 https://t.co/9OIkV1s6Tk
— Bloomberg Economics (@economics) October 17, 2020