Joker's Google Blog: Business Intelligence Monitor 211130

(Introduction)

[Markets]

• 한국: 두산그룹주 하락 우세, 두산중공업 13%대 두산 8%대 급락

[Indicators]

• US Oct. Pending home sales: U.S. Pending Home Sales Rebound to Highest Level of the Year

• US Nov. Dallas Fed manufacturing Index: Texas Manufacturers Are Boosting Wages as Inflation Pressures Rise

• Eurozone Nov. Economic sentiment: Euro-Area Economic Confidence Retreats as Consumer Mood Slips

• Germany Nov. CPI: German inflation of 6% adds to pressure on ECB

• Japan Oct. Retail sales: Japan Oct retail sales boosted by fuel-price spike, broad trend still soft

• Vietnam Nov. Balance of trade: Vietnam Sees Surge in Nov. Exports After End of Lockdowns

• 한국 2020 인구주택총조사: 전셋값 상승 등에···지난해 서울서 26만명 빠져나가

• 한국 11월 주택시장 동향(KB): 서울 평균 집값 9억원 넘었지만···"가격 떨어진다" 하락 전망 우세

[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

[News]

• WSJ: CDC Says Everyone 18 and Older Should Get Covid-19 Booster Due to Omicron Variant

※ New York City broadens mask advisory, reflecting potential risks posed by new variant

※ President Biden said Monday that his administration was working with officials at Pfizer Inc., Moderna Inc. and Johnson & Johnson to develop contingency plans for vaccines or boosters

※ “This variant is a cause for concern, not a cause for panic,” he said.

• WSJ: Omicron Variant Has Covid-19 Vaccine Makers Preparing for Worst Case

※ Testing just started, but drugmakers have expressed concern that Covid-19 vaccines won’t work as well against the new strain

• WSJ: Omicron Disrupts Reopening Plans Across Asia

• WSJ: Omicron Variant Prompts Governments to Push Covid-19 Boosters

• WSJ: For Covid-19 Vaccine Doses, Should There Be More Time Between Shots?

• WSJ: Pentagon Plans to Improve Bases in Guam and Australia to Confront China

• WSJ: Biden Administration to Redirect Rental-Assistance Funds to Areas With Greater Demand

• WSJ: Omicron Variant Drives Rise in Covid-19 Hospitalizations in South Africa Hot Spot

• WSJ: Iran Doubles Down on Demands as Nuclear Talks Resume

※ Negotiations in Vienna aim to address steps Iran and the U.S. will take to revive the 2015 nuclear deal

• WSJ: Turkey’s Lira Crisis Exposes Reliance on Imported Energy

• WSJ: Workers Quit Jobs in Droves to Become Their Own Bosses

• WSJ: Nissan to Spend $17.6 Billion on Battery-Powered Vehicles Over Five Years

• WSJ: Nissan, Burned by Experience, Shuns Bold EV Forecasts

• NYT: Made in the U.S.A., but With a Supply-Chain Reboot

• NYT: Millennials Confront High Inflation for the First Time

• NYT: Omicron carries scary mutations. That doesn’t mean they work well together.

※ Mutations can work together to make a virus more fearsome, but they can also cancel one another out. This phenomenon, called epistasis, is why scientists are reluctant to speculate on Omicron.

• NYT: A changing climate is buckling concrete and flooding roads. States are moving slowly to guard the nation’s infrastructure.

• NYT: Hunt for the ‘Blood Diamond of Batteries’ Impedes Green Energy Push

• NYT: Europe Revisits Nuclear Power as Climate Deadlines Loom

※ While wind and solar ramp up, several countries, including France and Britain, are looking to expand their nuclear energy programs. Germany and others aren’t so enthusiastic.

• WP: WHO warns omicron coronavirus variant poses ‘very high’ global risk

※ “The likelihood of potential further spread of Omicron at the global level is high,”

• WP: As omicron emerges, a tired public has little appetite for new restrictions

• WP: Red America has seen the highest rates of cases and deaths and the lowest rate of vaccinations

• WP: Coronavirus posturing is the new Trumpism

• WP: U.S. won’t meet electric-vehicle targets without semiconductor investment

• WP: Threat of Russian invasion of Ukraine tests Biden administration

• WP: Pfizer poised to request authorization for coronavirus booster for 16 and 17 year olds

• FT: Omicron’s economic impact expected to be only small, analysts say

※ Initial assessment based on growing ability of economies worldwide to adapt to Covid waves

• FT: EU plans €300bn global infrastructure spend to rival China

※ Brussels wants Global Gateway proposals to help boost its influence worldwide

• FT: Europe returns to travel bans amid spread of Omicron cases

• FT: UK businesses warn of impact of new Covid variant in run-up to Christmas

• FT: UK to expand Covid booster jab campaign to all adults

• FT: UK’s energy system is ‘broken’, warns industrial group

• FT: BoE concerned cladding crisis poses risk to UK financial stability

• FT: Planning for second Scottish independence vote to start next year, says Sturgeon

• FT: US watchdog demands information from nine companies in supply chain probe

• FT: Some quiet relief as Covid aborts the WTO ministerial

• FT: Beijing targets Taiwanese companies with operations in China

• FT: Investors rush into private markets in search of returns

• FT: Brussels criticised over plan for capital markets databases

• FT: Gazprom reports record profits, and forecasts further bonanza

• Bloomberg: Omicron Risks New Inflation Headache for Global Central Bankers

• Bloomberg: Omicron Variant Symptoms Differ to Delta, Doctor Who Spots New Strain Early Says

• Bloomberg: Economists Game Out How Omicron Will Hurt the Global Recovery

• Bloomberg: Powell Says Omicron Adds Economic Risks, Inflation Uncertainty

※ Senate testimony doesn’t discuss tapering of bond purchases

• Bloomberg: Omicron Undetected in U.S. So Far, Testing Biden Sequencing Plan

• Bloomberg: Showdowns Loom Over Debt Limit, Shutdown, Biden Agenda

• Bloomberg: Atlanta's Economic Boom Makes It Epicenter of U.S. Inflation Surge

• Bloomberg: Why Job Openings Are Surging, Even With So Many People Out of Work: Transcript

• Bloomberg: White House Discourages Firing Unvaccinated Workers Before 2022

• Bloomberg: Bundesbank Chief Shortlist Down to Nagel, Schnabel, Two Others

• Bloomberg: ECB Tries to Reassure Citizens That Spike in Living Costs Won’t Last

• Bloomberg: ECB Outlook to Show Higher Inflation Peak Before Stimulus Review

• Bloomberg: Germany’s Merkel, Scholz to Discuss Covid Strategy With State Leaders

• Bloomberg: China Won’t Invite U.S. Politicians to Olympics, Report Says

• Bloomberg: China Faces More Growth Risks, Increased Policy Support in 2022

• Bloomberg: China’s Economy Likely Remained Weak as Factories Slump

• Bloomberg: China Needs Cut to Inequality for Common Prosperity: PBOC’s Cai

• Bloomberg: China’s Xi Pledges 1 Billion Additional Vaccine Doses to Africa

• Bloomberg: Omicron Variant Delays Africa Forum Set to Unveil $110 Billion of Deals

• Bloomberg: Lockdown Probably Sent Australia Economy to Second-Biggest Slump Ever

• Bloomberg: India’s Spending Helps Fuel Growth as Risks From New Variant Loom

• Bloomberg: Omicron Cases in Hong Kong Won’t Impact Border Reopening With China

• Bloomberg: Cargo Ships Waiting at LA Ports Are Skipping Oakland And Returning to Asia

• Bloomberg: California Port Backups: Shipper Offers Cash to Help Clear Containers

• Bloomberg: 10 Strategists Say Omicron Turmoil Is Overdone as Stock Bounce Back

• Bloomberg: Europe’s Cash Glut Is Spilling Into Already Stuffed U.S. Markets

• Bloomberg: Vale Sees Beijing Olympics as Key for Iron Ore Turnaround

• Bloomberg: Aramco CEO Stays Bullish on Oil Demand After Friday’s Price Rout

• Bloomberg: IEA’s Birol Says Energy Producers Are Key Cause of Price Spike

• Bloomberg: China's Companies Are Going to Any Length for a Hold on Lithium

• Bloomberg: Climate Actions in China Face Challenges From Rising Ultra-Nationalism

• Bloomberg: Global Economy Can Grow If World Warms Less Than 1.5°C, Study Says

※ Nature: Current and future global climate impacts resulting from COVID-19

• Bloomberg: BP Plans Green Hydrogen Base in U.K. as Transition Speeds Up

• Bloomberg: Oil Guzzling Shipping Still Short of 1.5°C After Climate Talks

• Reuters: Fauci says can't predict if Omicron will become dominant variant in U.S.

• Reuters: Russia, Saudi signal no rush on Omicron ahead of OPEC+ meeting

• Reuters: EU reaches for hydrogen stars as economics shift

※ The cost of producing green hydrogen with renewable energy is set to fall and the capacity to produce it in Europe and nearby countries will likely surpass current targets by 2030

• Reuters: U.S. labor board official orders Amazon to redo union vote at Alabama warehouse

• Reuters: Record number of U.S. firms change tack on political spending after Jan. 6 attack

• Reuters: French economic growth is solid, says finance minister despite new COVID wave

• Reuters: Inflation reached its peak in November - ECB's Schnabel

• Reuters: Explainer: U.S. gasoline prices could fall below $3 if oil market sustains losses

• Reuters: Analysis: Scientists ask whether Omicron can outrun Delta

• AP: Omicron brings COVID-19 vaccine inequity ‘home to roost’

• CNBC: Biden ready to release more oil reserves to cool price: Amos Hochstein

※ “This is a tool that was available to us and will be available again,”

• CNBC: Moderna CEO says it will take months to clear a new Covid vaccine targeting omicron

※ Moderna CEO Stephane Bancel told CNBC that it could take months to develop and ship an omicron specific vaccine, but a higher dose of its booster could be ready much sooner.

• CNBC: China could double down on its zero-Covid approach amid concerns about omicron, analysts say

• MarketWatch: Oil could hit $150 a barrel with OPEC+ 'in the driver's seat': J.P. Morgan

• SCMP: China’s property tax causing sleepless nights for homeowners as Beijing walks the ‘tightrope’

• SCMP: China’s Sinovac ready to produce targeted Omicron vaccine ‘if necessary’

• SCMP: US-EU press on with plan to tackle ‘dirty’ Chinese steel flooding markets

• SCMP: China’s economic arsenal has ‘more ammunition’ than other countries as 2022 uncertainties around Covid-19 and economy loom, policy advisers say

• SCMP: What one-child policy? As India’s population growth slows, China-style controls on births called into question

• Nikkei Asia: Japanese power companies bet on 'zero-emission thermal'

※ Industry tries to buy time for fossil fuel plants as pressure to go green mounts

• Nikkei Asia: Japan struggles to nail down Kishida visit to White House

• Nikkei Asia: Auto chip shortage shows new sign of easing as inventories rise

• Nikkei Asia: China-Pakistan Belt and Road Initiative hits buffers