Joker's Google Blog: Business Intelligence Monitor 211018

(Introduction)

[Markets]

• Global: World stocks notch best day in 5 months; oil, govt bond yields up

• Japan: Yen hits lowest in nearly 3 years, dollar set to snap streak

• Coal: China coal futures post record weekly increase

• Metals: Copper heads for best week since 2016, zinc rockets

• Grains: Chicago corn, soybean futures bounce on technical buying, potential export demand

• Cryptocurrency: Bitcoin Price Hits $60,000 Ahead of Potential ETF Approval

• 한국: 코스피, 3,000선 회복…환율 4.4원 내린 1,182.4원

• 한국: ‘7만전자’ 회복했지만, D램 하락·긴축 탓 반등 쉽지 않을 듯

• 한국: 두산그룹주 강세, 두산중공업 4%대 두산밥캣 두산중공업 1%대 올라

[Indicators]

• US Aug. Business inventory: U.S. business inventories rise solidly, but auto stocks fall

• US Sep. Retail sales: Retail Sales Rise, Showing Strong Consumer Demand, Higher Inflation

※ Supply constraints raise questions about approaching holiday-shopping season

• US Sep. Export·Import prices: Food, fuels lift U.S. import prices in September

• US Oct. Construction backlog: Construction Backlogs Drop as Labor, Supplies Remain Tight: ABC

• US Oct. Consumer sentiment: U.S. Consumer Sentiment Falls to Second-Lowest Since 2011

※ University of Michigan gauge at 71.4, missing 73.1 estimate

• US Oct. Empire State manufacturing index: New York factory activity moderates in October, Empire State survey shows

• US Weekly Rig count: U.S. drillers add oil and gas rigs for sixth week in a row -Baker Hughes

• India Oct. Electricity demand: India's electricity demand picks up in Oct as coal shortage lingers

• Indonesia Sep. Balance of trade: Indonesia Sept trade surplus beats estimates on strong commodities

• 한국 9월 자동차산업 동향: 반도체 수급난 길어져, 자동차 생산·내수·수출 두 자릿수 감소

• 한국 9월 주택가격(부동산원): 재개발 기대감에···서울 빌라 상승세 10년만에 최고

• 한국 주간 주택시장 동향(KB): 전국 아파트 “팔겠다” >“사겠다”… KB 매수우위지수 100아래로

[Trackers]

• Johns Hopkins University: COVID-19 Global Cases & Deaths

• Worldometer: COVID Live Update

• Bloomberg: Covid-19 Vaccine Tracker

• NYT: Covid-19 Vaccine Tracker: Latest Updates

• FT: Pandemic crisis: Global economic impact tracker

• CNN: Tracking America's recovery

• Bloomberg: Global PMI Tracker

• Bloomberg: The Covid Resilience Ranking

[Calendars]

• WSJ: Economy Week Ahead: China GDP, U.S. Industry and Housing

• FT: Brussels plays host to some tricky international debate

• Bloomberg: China’s Economy Is Reeling From Successive Punches: Eco Week

[News]

• WSJ: Inflation Surges Worldwide as Covid-19 Lockdowns End and Supply Chains Can’t Cope

※ The big question for the global economy: Will price rises feed further inflation cycles?

• WSJ: Supply-Chain Bottlenecks, Elevated Inflation to Last Well Into Next Year, Survey Finds

※ Economists see supply constraints, labor shortages as bigger risks to economy than Covid-19, WSJ survey finds

• WSJ: About The Wall Street Journal Economic Forecasting Survey

• WSJ: Maybe Productivity Will Save Investors From Inflation

• WSJ: At Times Like These, Inflation Isn’t All Bad

• WSJ: Global Energy Crisis Shows Strain of Shift to Renewables

※ The transition to cleaner energy sources isn’t far enough along to meet a surge in demand

• WSJ: California Scrambles to Find Electricity to Offset Plant Closures

• WSJ: Johnson & Johnson Covid-19 Booster Shot Endorsed by FDA Advisers

※ The experts, whose recommendations are often followed by the FDA, said the agency should clear the extra dose for adults

• WSJ: FDA Delays Moderna Covid-19 Vaccine for Adolescents to Review Rare Myocarditis Side Effect

• WSJ: Biden Presses Climate Agenda on Wall Street

• WSJ: Democrats Face a Deadline on Benefits and Climate Bill Consensus

• WSJ: Biden’s Soft Infrastructure Agenda May Not Boost Growth

• WSJ: Democrats Bet on Raising Taxes on High-Income People, Big Businesses

• WSJ: What’s in Democrats’ Budget Reconciliation Plan—From Social Programs to Climate Measures to Taxes

• WSJ: Largest Cities Had Some of the Lowest U.S. Inflation Rates in September

• WSJ: Trading Furor Complicates White House Decisions on Fed Leadership

• WSJ: Fed’s Barkin Says He Is Open To Taper Debate

• WSJ: Rising Mortgage Rates Shift Lenders’ Focus to Home Buyers

• WSJ: U.S. Border to Open to International Travelers With Proof of Vaccination

• WSJ: China Evergrande Spillover Risks Can Be Controlled, Central Bank Says

※ Developer had blindly diversified and expanded, official says, but the risk exposure of individual financial institutions to the developer isn’t big

• WSJ: ‘Crazy’ Bets on $200 Oil Invade the Options Market

• WSJ: Why Ford Picked Tennessee for Its New Electric-Vehicle Plant

• WSJ: From Film Sets to Manufacturing Plants, Unions Push Companies as Workers Stay Scarce

• WSJ: Selling Cars in the Era of the Chip Shortage: Online Chats and No More Haggling

• WSJ: Facebook Says AI Will Clean Up the Platform. Its Own Engineers Have Doubts.

• WSJ: LinkedIn Social Network Is Leaving China, but Microsoft Remains

• WSJ: Walmart, With Eyes on Amazon, Tries to Build a Fintech Startup

• NYT: Key to Biden’s Climate Agenda Likely to Be Cut Because of Manchin Opposition

※ The West Virginia Democrat told the White House he is firmly against a clean electricity program that is the muscle behind the president’s plan to battle climate change.

• NYT: Money Floods the Race for Control of Congress, More Than a Year Early

• NYT: Will New Covid Treatments Be as Elusive for Poor Countries as Vaccines?

• NYT: Rising Rents Are Fueling Inflation, Posing Trouble for the Fed

• NYT: After Iraqi Election, a Shiite Leader Emerges as an Unlikely U.S. Ally

• WP: Uncomfortable inflation is here, and it’s changing the economy

• WP: Are Americans growing warier of more government just as Biden tries to pass his big agenda?

• WP: The permanently temporary 2021 economy, in charts

• WP: Strikes are sweeping the labor market as workers wield new leverage

• WP: New CDC data reinforces the benefits of getting vaccinated

• WP: Antibody tests can’t give answers you want about covid-19 immunity.

• WP: In Russia, experts are challenging official pandemic figures as too low. They refuse to be silenced.

• WP: One of the world’s toughest coronavirus quarantine regimes is finally ending