BFJ Daily Hawkeye by Session AP 19102020

BFJ Research
19.10.2020

Trending News Headline

Equity
Deloitte	Deloitte to close 4 UK offices amid pandemic shift to remote working

Fixed Income
US Bond	The yield on 10-year Treasuries advanced one basis point to 0.75% Friday.

Currency
EUR	Europe’s second wave raises threat of double-dip recession, with economists warning that rising coronavirus infections and fresh government restrictions on people’s movement are likely to cut short the region’s recent recovery
GBP	Johnson to warn ‘time running out’ to prepare for end of Brexit transition; Rishi Sunak, UK chancellor, is ready to release tens of millions of pounds to take Greater Manchester into the highest level of lockdown, ending days of deadlock
USD	Democrats set 48-hour deadline for US stimulus talks; PwC UK says UK shops close at twice the pace of 2019; Donald Trump has used rallies in Michigan and Wisconsin to urge their Democratic governors to relax coronavirus restrictions, even as both states experience a record number of new cases.
AUD	Stay-at-home Australians struggling to pay bills
NZD	New Zealand has reported its first locally acquired case of Covid-19 in more than three weeks on the heels of a sweeping victory for Jacinda Ardern’s Labour party.

Metal
Gold	Gold was little changed at $1,899.53 an ounce.

Energy
WTI	West Texas Intermediate crude rose 0.2% to $40.96 a barrel.

COVID-19 Global Pandemic Latest
Region	Confirmed Cases	New Cases	Recovered
Global	40,259,853	+320,561	30,095,402
U.S.	8,387,046	+44,188	5,453,347