Business Intelligence Monitor 200820

(Introduction)

[Markets]

•   Global: Dollar gains but Wall Street retreats as Fed nixes dovish measure

※   Fed policymakers zero in on strategy tweaks, minutes show

※   Dollar claws back from 27-month low

※   Macro 백업표

※   Industry 백업표

•   US: Apple’s Market Value Surges to $2 Trillion

•   한국: 코스피, 반발 매수세에 0.5% 상승…2,360선

•   한국: 두산그룹주 대부분 올라, 두산퓨얼셀 6%대 두산밥캣 3%대 상승

•   Metals: Copper rallies to highest since 2018 on weak dollar and falling output

•   Grains: Soybeans hit seven-month high on U.S. export optimism, dry weather

[Indicators]

•   WTO Jun. Goods Trade Barometer: WTO Tempers Hopes for a V-Shaped Rebound, Sees L-Shape Possible

•   US Weekly Mortgage rates·applications: Weekly mortgage refinances fall as interest rates suddenly turn higher

•   UK Jul. CPI: UK inflation hits 1% in July as lockdown restrictions ease

•   한국 2분기 가계신용: 주식·부동산 역대급 '빚투'…가계빚 1637조원 '사상 최대'

•   한국 2분기 지역경제 동향: 서비스업 생산 -3.4%...20년만에 최저

•   Japan Jun. Machinery orders:Japan's June machinery orders fall 7.6% to 7-year low, assessment cut

•   Japan Jul. Balance of trade: Japan's exports tumble as U.S. demand collapses, order books shrink

•   Indonesia Q2 Current account: Falling import demand, reduced foreign bond holdings narrows Q2 deficit

•   Indonesia Jul. Balance of trade: Indonesia logs biggest trade surplus in nine years, higher exports for three consecutive months

•   Indonesia Benchmark rates: Bank Indonesia Holds Rates as Focus Shifts to QE Expansion

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Universities Move Classes Online to Prevent Campus Coronavirus Spread

•   WSJ: Covid-19 Appeared to Be Under Control in Europe. Now It’s Surging Again.

•   WSJ: Fed Sees Need for Additional Support but Is Vague on Timing

※   Fed: Minutes of the Federal Open Market Committee, July 28-29, 2020

•   WSJ: Amazon Is Hiring and Expanding Its Offices: Inside the Tech Giant’s Strategy

•   WSJ: Target Sales Jump as Pandemic Speeds E-Commerce Shift

•   WSJ: Joe Biden United the Democrats—It’s Not Likely to Last

•   WSJ: Next Steps on Coronavirus Stimulus Divide Both Parties

•   WSJ: Newsletter: Building Boom, Stimulus Talks and a New High for Stocks

•   WSJ: Nvidia Posts Record Sales as Pandemic Sustains Chip Demand

•   WSJ: Uber and Lyft Threaten California Shutdown: Here’s What’s at Stake

•   WSJ: Airbnb Files Confidentially for IPO With SEC

•   NYT: Obama Returns to the D.N.C. With a Chance to Rescue His Legacy From Trump

•   NYT: Virus Alters Where People Open Their Wallets, Hinting at a Halting Recovery

•   FT: US senators’ Nord Stream 2 letter sparks German outrage

•   FT: EU leaders say change in Belarus must come from within

•   FT: China cautious on hitting back at US companies after Huawei sanctions

•   FT: Brazil’s once-mighty Workers’ party faces reckoning

•   FT: Saudi Arabia the big target in US efforts to smooth Israel relations

•   FT: Coronavirus outlier Sweden chooses its own path on face masks

•   FT: Thai schoolchildren join protest movement with defiant salute

•   FT: London’s ‘complacency’ puts Scottish independence back in play

•   FT: Shinzo Abe hospital visit stokes speculation over successor

•   Bloomberg: U.S., China to Plan Resumption of Delayed Trade Deal Talks

•   Bloomberg: Trump Adds to Earnings Threat as Alibaba Challenged in China

•   Bloomberg: U.S. Curbs on Huawei May Impact South Korea’s Recovery

•   Bloomberg: Americans Surprise Wall Street With Spending Boom During Coronavirus

•   Bloomberg: U.S. Ends Three Pacts With Hong Kong on Extradition, Taxes

•   Bloomberg: Trump’s OPEC Push Fails to Avert U.S. Oil Industry’s Breakdown

•   Bloomberg: Markets Tell the Fed It’s Finally Getting an Edge on Inflation

•   Bloomberg: South Africa Struggles to Contain Coronavirus While the Economy Crumbles

•   Bloomberg: Trump Losing Support Among Farmers Over Handling of Virus, Survey Says

•   Bloomberg: Economists Who Predict Rate Hold Say Turkey Should Actually Hike

•   Bloomberg: ECB Says Efforts to Keep Euros Flowing Globally Help Economy

•   Bloomberg: U.S. Payrolls Count Falls by 173,000 in Year Through March

•   Bloomberg: OPEC+ Keeps Pressure on Oil-Cut Cheats Amid Fragile Recovery

•   Bloomberg: Canada’s Economic Recovery Slowed as U.S. Virus Cases Surged

•   Bloomberg: Near Zero Muni-Bond Yields Signal Fed Loans to Remain a Rarity

•   Bloomberg: GM Electrifies China Lineup to Challenge Tesla’s Early Lead

•   Reuters: Trump says directing Pompeo to notify U.N. of intent to 'snapback' Iran sanctions

•   Reuters: German institute says coronavirus vaccinations could start in early 2021

•   Reuters: Exclusive: Fed's Bullard - Wall Street 'about right' as U.S. muddles through virus risk

•   CNN: What happened when children went to school during the 1918 pandemic

•   CNN: 1 in 4 hotels can't pay their mortgages

•   CNBC: Larry Kudlow on Trump's desire for U.S. to get cut of a TikTok sale

•   CNBC: Trump supports Oracle's bid to buy TikTok from ByteDance in the U.S.

•   CNBC: U.S. imposes sanctions on two UAE-based companies for aiding Iran’s biggest airline

•   CNBC: Fed faces a ‘major challenge’ in making its new inflation strategy official, former governor says

•   CNBC: A Biden presidency could be 'positive' for Asia: Nomura

•   CNBC: World’s largest shipping firm says demand will ‘significantly decline’ this year

•   CNBC: Walmart says its second-quarter e-commerce sales surged 104% in China

•   CNBC: White House economist on why he expects a 'V-shaped' recovery

•   CNBC: Cramer: The U.S. dollar could be poised to rally, based on the charts

•   SCMP: US and China to double weekly flights, handing lifeline to grounded carriers facing industry’s worst travel slump

•   SCMP: US-China trade: Beijing focuses on its own economy as half-year review of phase one deal is postponed

•   SCMP: Coronavirus: developing a vaccine is one problem to solve, getting people to use it is another

•   SCMP: China seeks solution to unemployment crisis with flexible jobs

•   매경(P1): 전월세 전환율 4%→2.5% 내린다

•   매경: 전세 물건도 없는데…"월세전환 싸게 해주는게 무슨 소용"

•   매경: 홍남기 與대신 사과…"전셋값 상승 송구"

•   매경: 집주인들, 주택수리비 등 세입자에 떠넘길수도

•   매경(P1): 상장사 영업이익 작년보다 17% 줄어

•   매경: 3분기 상장사 이익 16% 늘어난다지만…2차 팬데믹땐 하향될수도

•   매경(P1): "트럼프 재선땐 주한미군 감축할 수도"

•   매경: "美北 `10월 깜짝 딜` 가능성 희박…트럼프, 예측불허 北 피할것"

•   매경: 트럼프 멘토·美싱크탱크 수장…9월 지식포럼 뜬다

•   매경(P1): SK건설, 최대 폐기물업체 1조원대에 인수

•   매경: 美집콕족 "더 크고, 선명하게"…삼성 프리미엄TV 훨훨

•   매경: "일하는 장소·시간보다 성과 따질때…탄력근로 과감히 시행을"

•   매경: 50년넘은 장수기업 영업이익 非장수기업보다 30배나 높아

•   매경: 최고의 스마트기술 도입해도 일하는방식 그대로면 `도루묵`

•   매경: 김대지 "1주택 종부세·양도세 과세이연 검토하겠다"

•   매경: 11월부터 주택 임대소득 있으면 `건보료 폭탄`

•   매경: 弱달러·해외여행 실종…7월 환전액 73%↓

•   매경: 경총 "韓 노사관계 특수성 고려를"…손 회장, EU대사단에 협조 요청

•   매경: 입으로 흡입 코로나19 치료제 개발 나섰다

•   매경: 집값 겨눈 토지거래허가…상가거래도 `반토막`

•   한경(P1): "정부 부채 증가속도, 너무 빠르다"…국회 예결위의 이례적 경고

•   한경: "출장·회의·회식 없애라"…셧다운 공포에 기업들 '3無 방역' 돌입

•   한경: 하반기 채용일정도 '감감'…또 날벼락 맞은 취준생들

•   한경: 6·17 대책' 두 달…용인·구리 집값, 오히려 더 가파르게 올랐다

•   한경: 노도강·금관구 전셋값 5억원 돌파

•   한경: 홍남기, 수해 복구 4차 추경엔 선 그어

•   한경: 태양광발전 설비 보조금, 50%서 최대 60%로 올린다

•   한경: 현대차, 세계 첫 '로보택시 상용화' 풀액셀 밟는다

•   한경: 시총 2위도 '위태'…하이닉스에 무슨 일이?

•   한경: CS "코스피 연내 2600 간다"

•   서경(P1): [이슈앤워치] '규제만능' 빠진 정부, 부동산시장 혼란만 키운다

•   서경(P1): 정승일 차관 "수소차 매출 2년내 5조로 확대"

•   서경: "2년 후 30분내 어디서나 수소 충전···기업에 신사업 판 깔 것"

•   서경: "글로벌 톱 '수소에너지' 위해 입법 뒷받침 할 것"

•   서경: "수소차, 한번 충전에 수백㎞···자율주행에 적합"

•   서경: 효성 "세계 최대 액화수소공장 건설"

•   서경(P1): 하루 확진 297명···정세균 "3단계 아직 검토 안해"

•   서경: 코로나 치료병상 여유 있다지만···"경증환자 중증되는데 1주일밖에 안걸려"

•   서경: 산사태 원인 아니라더니...성윤모 “산지 태양광 허가기준 강화”

•   서경: ‘한국 수출 1호’ UAE 바라카 원전 1호기 첫 송전

•   서경: 역대급 가계빚에...은행 주담대 '속도조절'

•   서경: "통화정책이 강남 집값 잡기에 휘둘리면 디플레 빠질수 있어"

•   조선(P1): 통계청장 바꾸더니 이젠 통계방식 바꾼다

•   조선: "통계기준 갈아엎는게 文정부의 상투적 수법… 숫자는 죄가 없다"

•   조선: 감염자와 비감염자 접촉했어도 둘다 마스크 썼다면 전염률 1.5%

•   조선: 손님 27명 감염, 직원은 멀쩡… 파주 스타벅스 미스터리

•   조선: 영업익 줄었지만, 대기업 상반기 투자 15% 늘려 43조… 삼성이 이끌었다

•   조선: 천도론이 불지른 세종 집값… 두달새 2억 뛰어 85㎡가 10억

•   조선비즈: 내년 정부 예산 9%안팎 증가할 듯… '무용지물' 국가재정운용계획

•   조선비즈: 위기대응 VS. 재정파탄… 기재부의 재정준칙 딜레마

•   조선비즈: 선택과 집중 나서는 SKC “반도체·모빌리티 빼고 다 판다”

•   조선비즈: [차이나 모빌리티] ‘카택’ 부르니 로보택시가 왔다…中 자율주행 급가속

•   인베스트조선: 열기 더해가는 자산시장…존재감 잃어가는 자본시장

•   중앙: 중국 싼샤댐 오늘 역대 최악 물폭탄 비상

•   중앙: 5G폰 사고보니 우리 동네는 먹통

•   중앙: 200그릇씩 팔던 '무한도전' 맛집 "하루 11그릇 팔았다" 한숨

•   동아: 국민 12%만 “나도 감염될수 있다”… 7말8초 방심이 방역실패 불러

•   동아: 사회적 거리 두기 3단계땐 일상-경제활동 사실상 ‘스톱’

•   동아: 삼성전자 반도체 시총, 美엔비디아에 밀려 3위로

•   문화: “음료수 마실 때마다 벗고 쓰고 하라니…” 경기도 마스크 의무화 명령 실효성 의문

•   문화: ‘비상자금’ 늘리는 기업들… 삼성전자 34%↑·현대차 25%↑

•   서울: 협력이냐, 경쟁이냐… 현대차·한화 ‘미래 먹거리’ 묘한 신경전

•   머니투데이: 에너지 공급자에 효율 향상 의무화…선진국형 에너지제도 도입

•   머니투데이: 신촌·명동 점심시간에도 텅텅…상인들 "이젠 의욕도 없다"[르포]

•   헤럴드경제: “갤버즈 공짜 끝!”…갤노트20 ‘흥행몰이’ 다음 카드는? [IT선빵!]

•   파이낸셜뉴스: 유럽, 전기차 배터리 '자급자족' 가속화.. 한국과 기술 격차 빠르게 좁히긴 힘들 듯

•   이데일리(P1): 코로나가 부른 양극화…대기업 웃을 때 자영업은 '벼랑 끝'

•   이데일리(P1): 中양제츠, 21·22일 부산 방문…시진핑 방한 급물살?

•   이데일리: 코로나發 '줄폐업'에…무너지는 자영업 생태계

•   이데일리: 기업들 자금난에 빚 늘었다

•   이데일리: 코로나 습격에 상반기 상장사 3곳 중 1곳 적자

•   이데일리: 기대 이상 쏠쏠한 수익...은행권 뜻밖의 효자 '채안펀드'

•   연합: 경남 에너지산업융복합단지 지정…가스복합발전산업 발돋움

•   연합: 부산·울산 원전해체 에너지산업 융복합단지로 지정

•   뉴스핌: [단독] 한화, 두산인프라코어 인수 검토... 채권단 "판 커져, 조기 정상화 기대"

•   아주경제: "두산밥캣, 업황 회복 긍정적·연말 배당 가능성··· 목표가↑" [신한금융투자]

•   EBN: 속도 붙은 두산 자구안, 문제는 시황

•   더구루: 두산밥캣, 美 영업망 확대…중부지역 공략 본격화

•   아시아뉴스통신: [단독] 두산건설, '들뜸·미시공·틈새·흠집' 등 불량투성이 아파트…입주민들 "짜증난다"

•   Power Engineering: Siemens Energy moving forward with China electrolysis-hydrogen project

•   Gizmodo: Renewable Energy Isn’t to Blame for California’s Blackouts

•   KHL: Bobcat orders signal positivity in Swedish rental

•   Equipment World: Road construction jobs surpass 2019 employment stats for June

•   OilPrice.com: Europe’s Big Oil Companies Aim To Become Big Energy

•   OilPrice.com: Russia’s Crude Oil Exports To Europe May Not Stay Low For Long

•   전자신문(P1): "무기한 출입 통제"...全 산업계 고강도 비상계획 돌입

•   전자신문(P1): 中, '한국 반도체 인력 빼가기' 노골화

•   전자신문: 삼성디스플레이, 차세대 OLED 재료 세트 'M11' 선정…SDI·덕산·두산 소재 채택

•   Phone Arena: iPhone 12 release date, price, features and news

•   Phone Arena: Huawei says existing devices will continue receiving Android updates

•   Phone Arena: Apple plans to make the iPhone 12 and iPhone SE in India to improve competitiveness

•   Robotics Tomorrow: The Internet of Robotic Things: How IoT and Robotics are Evolving to Benefit the Supply Chain

•   Robot Report: Qualcomm’s Dev Singh on 5G, edge robotics; do delivery robots make economic sense?

•   Nikkei Asian Review: Panasonic to invest $100m in EV battery plant in US for Tesla

•   Nikkei Asian Review: Abe returns to work after 3-day break amid questions over health

•   Business Standard: World Bank sees higher GDP fall in India than 3.2% it projected for FY21

•   Business Standard: Cabinet expands lending limits for power discoms to help them clear dues

•   Folha de S.Paulo: Brazil Reaches 110,000 Deaths from Covid-19; Death Rate Reaches that of USA

•   Jakarta Post: BI to remain standby buyer for Indonesia’s government bonds in 2021

•   Jakarta Post: Indonesia looking at near-zero growth as govt struggles to spend budget, Sri Mulyani says

•   Jakarta Post: Indonesia aims for structural reforms as pandemic poses 'short-term challenge' to economy

•   Jakarta Post: Indonesian urban consumers more optimistic than global peers: Survey

•   Jakarta Post: Indonesia must derisk its infrastructure projects to attract foreign investors amid crisis: Infrastructure Asia

•   Viet Nam News: Central bank to adjust monetary policies to weather pandemic

•   Myanmar Times: Myanmar govt extends electricity subsidy until December

[Opinions]

•   Project Syndicate(Larry Hatheway): Whither the Pandemic Economy?

•   Project Syndicate(Sania Nishtar): How Cash Transfers Prevent Lockdown Tragedies

•   Project Syndicate(Andrew Scott): A Healthy Improvement on GDP

•   Project Syndicate(Sławomir Sierakowski): Lukashenko’s Ceauşescu Moment?

•   FT(Editorial Board): In Thailand, a new generation finds its voice

•   FT(DeAnne Julius): Market rally contains a hopeful message for the economy

•   FT(Leo Lewis): Covid-19 encourages governments to play the meddling matchmaker

•   FT(Ben Hall): Emmanuel Macron’s low profile on China is strategic

•   WSJ(Joel M. Zinberg, Tomas J. Philipson): The White House Prepared for a Pandemic

•   WSJ(Joshua Bolten): A Good Year for Stakeholder Capitalism

•   NYT(Thomas L. Friedman): Will 2020’s Election Be the End of Our Democracy?

•   WP(George F. Will): Progressives want a new New Deal. The old one failed at its main task.

•   Bloomberg(Tyler Cowen): The Phantom Risk of Covid-19

•   Bloomberg(John Authers): Stocks Look Stretched (Or: How I Missed the Rally)

•   Bloomberg(Ramesh Ponnuru): Congress Can Make a Deal on Coronavirus Relief

•   Bloomberg(Faye Flam): Outdoor Masking Isn’t Always Needed

•   Bloomberg(Tae Kim): Apple's Next Trillion Won't Come So Easily

•   Bloomberg(Hussein Ibish): How Israel Fits Into the UAE Doctrine

•   CNN(Charlie Dent): I'm voting for Joe Biden

•   MarketWatch(Mark Hulbert): Why the COVID-19 ‘baby bust’ could impact stock prices for the next 30 years

•   MarketWatch(Pierre Briançon): Four reasons why the U.K. inflation jump won’t start a trend

•   MarketWatch(William M. Rodgers III): Changing the Federal Reserve’s mandate could provide a down payment on ending racial inequality

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•   국민(한장희): 씁쓸한 한전의 깜짝 흑자