BFJ Daily Hawkeye by Session AP 02112020

BFJ Research
02.11.2020

Trending News Headline

Equity
Huawei	Huawei develops plan for chip plant to help beat US sanctions
NYSE	NYSE wins back listing crown from Nasdaq after luring Spacs
Mitsubishi	Mitsubishi Heavy Industries will freeze its regional jet programme as the coronavirus crisis threatens a high-profile national project.

Fixed Income
US Bond	The yield on 10-year Treasuries rose five basis points to 0.87% on Friday.

Currency
EUR	Eurozone economic forecasts slashed as fresh lockdowns imposed; Belarus opposition leader calls on EU to step up sanctions against regime;
USD	Trump tries to cut Biden’s poll lead with blitz of rallies; More than 93m have already cast ballots as election campaign enters final stretch; Florida recount haunts Supreme Court as it tackles mail ballots; The US reported its biggest single-day jump in cases, with more than 97,000 new infections on Friday
GBP	‘Grim’ mood among Tory MPs turns darker after admission month-long lockdown could be extended
CNY	China boosts foreign access to huge onshore capital markets

Metal
Gold	Gold was steady at $1,879.19 an ounce.

Energy
WTI	West Texas Intermediate crude slid 2.9% to $34.75 a barrel.

COVID-19 Global Pandemic Latest
Region	Confirmed Cases	New Cases	Recovered
Global	46,797,808	+429,901	33,726,523
U.S.	9,470,838	+68,248	6,096,051