Sunday Brief – March 7th 2021
Americas
#Senate Passes $1.9 Trillion Relief Bill After Marathon Votes – Bloomberghttps://t.co/vbHZLrHhsR
— Christophe Barraud (@C_Barraud) March 6, 2021
Biden says $1,400 payments can start to go out this month https://t.co/8IU4ilAodn pic.twitter.com/RuiiJbJFKC
— Reuters Business (@ReutersBiz) March 7, 2021
U.S. Senator Schumer predicts Biden will sign COVID relief bill by March 14 https://t.co/l8s0GrI7mN pic.twitter.com/3d80r5vZy1
— Reuters Business (@ReutersBiz) March 7, 2021
Bloomberg consensus for 2021 GDP has been revised ⬆ from 4.1% on Feb. 1 (https://t.co/JzT8MD6KZT) to 5.5%.
*However, this level still looks pessimistic amid:*Fast vaccines rollout and easing restrictions
*Massive Excess Savings
*⬇ in trade tensionshttps://t.co/nBATsxWz8J— Christophe Barraud (@C_Barraud) March 7, 2021
#Covid_19: Daily Summary (March 7th)
➡ News
➡ Restrictions (easing)
➡ Regional/national data
➡ Vaccine trackerhttps://t.co/ELlSDe8gLx— Christophe Barraud (@C_Barraud) March 7, 2021
#ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week – Bloomberg
*Link: https://t.co/ZlqjnzTkEN pic.twitter.com/YZgXealUnq— Christophe Barraud (@C_Barraud) March 7, 2021
The first major bankruptcy from the Texas power crisis highlights growing risk in the energy sector https://t.co/roS58M6tUf
— Bloomberg Economics (@economics) March 6, 2021
Asia
Thailand plans to relax quarantine rules for foreign visitors from next month as part of a series of steps being considered to revive the nation’s tourism sector, the Bangkok Post reported https://t.co/gZCSwKyVO5
— Bloomberg Asia (@BloombergAsia) March 7, 2021
Chinese firm working on Covid-19 mRNA vaccine that can be stored in a fridge https://t.co/anLmkgxT8p
— SCMP News (@SCMPNews) March 7, 2021
#China’s Exports Surge From 2020 Lockdown as Demand Booms – Bloomberg
*Link: https://t.co/02TPxrTY8q pic.twitter.com/jtirpIyo8D— Christophe Barraud (@C_Barraud) March 7, 2021
China’s most senior officials are gathering in Beijing as the annual meeting of the country’s parliament, the National People’s Congress, enters its third day https://t.co/AmYT0R36I2
— Bloomberg Asia (@BloombergAsia) March 7, 2021
China's 5-year plan did little to bring it closer to President Xi Jinping’s goal of reaching net zero by 2060 https://t.co/axsSjuKgq8
— Bloomberg Economics (@economics) March 7, 2021
China’s military ‘resolutely supports’ reform of Hong Kong electoral system https://t.co/UW7ldEE5Gz
— SCMP News (@SCMPNews) March 7, 2021
Europe
#Europe #Covid_19: Daily Summary (March 7th)
Special focus on ⚠ #France ⚠
Data for #Germany, #Spain and #Italyhttps://t.co/FYb2ebrECT
— Christophe Barraud (@C_Barraud) March 7, 2021
Italian government faces criticism over consulting contract with McKinsey over EU funds https://t.co/j5S8QgE0vF pic.twitter.com/hcMf6wO5up
— Reuters Business (@ReutersBiz) March 6, 2021
France Backs Italy’s Decision to Block AstraZeneca Exports https://t.co/avqWp7SN24
— Edward Harrison (@edwardnh) March 5, 2021
Post-Brexit costs are affecting supply chains for a wide range of products. British firms relying on materials or products from developing countries worry rules that come with the trade deal will limit their market access. https://t.co/SSaUzBnl9O
— POLITICOEurope (@POLITICOEurope) March 6, 2021
#ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week – Bloomberg
*Link: https://t.co/ZlqjnzTkEN pic.twitter.com/YZgXealUnq— Christophe Barraud (@C_Barraud) March 7, 2021
⚠ Most Read ⚠
US Growth Will Exceed Expectations In 2021
U.S. Total Excess Personal Savings Will Be A Massive Economic Boost From 2Q