Tuesday, December 7, 2021

Business Intelligence Monitor 211208

(Introduction)

[Markets]
※   Shares, oil rally as Omicron worries ebb
※   Chinese stimulus spurs gains in Chinese tech
※   Investors await U.S. CPI data on Friday


[Indicators]
•   US Nov. Construction employment: Labor Shortage Squeezes Hiring: AGC
•   Eurozone Q3 GDP(final): Euro zone Q3 GDP growth confirmed at 2.2% q/q
•   Germany Oct. Industrial production: German industry "not out of the woods" despite rise in output
•   Germany Dec. ZEW economic sentiment: German Investor Confidence Deteriorates on New Virus Wave
※   Imports jump more than 30% on energy and metals demand
•   Japan Oct. Household spending: Japan Oct. household spending falls 0.6%, down for 3rd month
•   한국 2020년 일자리행정통계: 코로나 충격파, 소상공인·청년 일자리부터 덮쳤다


[Trackers]
•   Johns Hopkins University: COVID-19 Global Cases & Deaths
•   Worldometer: COVID Live Update
•   Bloomberg: Covid-19 Vaccine Tracker
•   Bloomberg: Global PMI Tracker
•   Bloomberg: The Covid Resilience Ranking


[News]
※   U.S. president reiterates his support for Ukraine’s sovereignty and territorial integrity
※   Proposed legislation would pave the way for Democrats to raise the limit in the Senate without Republican support
※   Shots should still help against severe disease with the variant on its way to dominate in Europe, scientists say
※   Property developer didn’t pay $82.5 million of interest payments originally due Nov. 6 on two sets of dollar bonds, say people familiar with the matter
※   Washington asks Berlin to back threat to gas pipeline to deter Putin from military action
※   Variant lacks feature that allows probable cases to be distinguished among positive PCR tests
※   Laboratory head Sigal advocates booster to combat variant
※   Event should not be a platform for politics, Zhao Lijian says
※   Although more data is needed, early cases of Omicron seem to require fewer hospitalizations and patients are less likely to need oxygen
※   CDC Director Rochelle Walensky said researchers are still working to understand the severity of omicron, but the public health measures used for past variants should provide some protection.
※   오미크론 확진자가 나온 서울 소재 대학(경희대·서울대·한국외대)에는 비상이 걸렸다. 서울대에서는 이날 오미크론 의심 환자가 3명 더 나왔다.


[Opinions]
•   Project Syndicate(Anders Åslund): Putin's Last Gasp?
•   Project Syndicate(Carisa Nietsche, Jeff Cirillo): Refining the Anti-Populist Playbook
•   FT(Editorial Board): Shadow banks must come out of the shadows
•   FT(Robert Armstrong): Will China have to loosen policy?
•   WSJ(William A. Galston): The Fight for Ukraine From Putin’s View
•   WSJ(David B. Rivkin Jr., Lee A. Casey): This Debt-Ceiling Crisis Threatens Democracy as Well as Solvency
•   WP(Daniel W. Drezner): So how is the global supply chain doing?
•   Bloomberg(Michael Newman): Biden-Putin Video Summit: What Should Happen Next?
•   Fox News(Rebecca Grant): Biden, Putin summit: 4 things to know

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