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A SWIFT Kick in Russia s Assets Isn t Enough

Indian Morning Briefing: Asian Markets Mostly Higher; Chinese Trade Data in Focus

Provided by Dow Jones Jul 13, 2021 3:15 AM UTC GLOBAL MARKETS DJIA 34996.18 126.02 0.36% Nasdaq 14733.24 31.32 0.21% S&P 500 4384.63 15.08 0.35% FTSE 100 7125.42 3.54 0.05% Nikkei Stock 28801.90 232.88 0.82% Hang Seng 27870.29 355.05 1.29% Kospi 3269.30 22.83 0.70% SGX Nifty 15830.00 142.0 0.91% July contract USD/JPY 110.35-36 -0.02% Range 110.45 110.29 EUR/USD 1.1871-74 +0.08% Range 1.1876 1.1859 CBOT Wheat July $6.350 per bushel Spot Gold $1,807.28/oz 0.1% Nymex Crude (NY) $74.18 -$0.38 US STOCKS U.S. stocks edged higher to records as investors prepared for corporate earnings season to kick off this week. The S&P 500 and Dow Jones Industrial Average both gained 0.4%. The tech-heavy Nasdaq Composite added 0.2%. All three indexes closed at records. Earnings season begins in earnest Tuesday,

EMEA Morning Briefing: Stocks to Struggle at Open -2-

Provided by Dow Jones Jul 13, 2021 4:16 AM UTC We set a very clear marker, I think, not a quantitative marker, but a very clear marker that we want substantial further progress [on job market improvement] relative to where we were during the period before the coronavirus pandemic took hold, Mr. Williams told reporters after a speech. That s where I m focused, clearly right now we have not achieved that, he said. China s Monetary Policy Slips a Gear Into Neutral China just trimmed the reserve requirement ratio for banks-one of its major monetary policy instruments-for the first time since the height of the pandemic. There is more: China s monthly lending data released Friday also showed economywide growth in debt and equity finance outstanding stabilizing at 11% year over year after months of sharp slowdowns, and bank lending ticking up. China s monetary policy has shifted from a tighter stance to neutral.

NYC Will Reopen in July; France Eases Curbs in May: Virus Update

NYC to Reopen in July; Concerns on Oregon Surge: Virus Update Bloomberg 2 hrs ago © Bloomberg India Fights to Stem the World’s Biggest Surge in Covid-19 Cases (Bloomberg) New York City is moving to fully reopen on July 1, Mayor Bill de Blasio said, though Governor Andrew Cuomo said he wants it to happen sooner. Chicago is broadly easing restrictions to allow for higher capacity at restaurants, bars and large indoor venues. Michigan will tie reopening to hitting vaccination benchmarks. Popular Searches A surge in Oregon is sweeping through a partially vaccinated population, with steep rises in case rates among the young an indication that the U.S. may struggle with distinct outbreaks for months to come. Meanwhile, the country’s focus on increasing vaccine supply for other nations may mean boosting manufacturing at U.S. facilities rather than waiving intellectual-property protections, the White House said.

NYC Aims to Reopen in July; France to Ease in May: Virus Update

NYC to Reopen in July; Concerns on Oregon Surge: Virus Update Bloomberg 3 hrs ago © Bloomberg India Fights to Stem the World’s Biggest Surge in Covid-19 Cases (Bloomberg) New York City is moving to fully reopen on July 1, Mayor Bill de Blasio said, though Governor Andrew Cuomo said he wants it to happen sooner. Chicago is broadly easing restrictions to allow for higher capacity at restaurants, bars and large indoor venues. Michigan will tie reopening to hitting vaccination benchmarks. A surge in Oregon is sweeping through a partially vaccinated population, with steep rises in case rates among the young an indication that the U.S. may struggle with distinct outbreaks for months to come. Meanwhile, the country’s focus on increasing vaccine supply for other nations may mean boosting manufacturing at U.S. facilities rather than waiving intellectual-property protections, the White House said.

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