31st March 2021

  • Biden to Map $2 Trillion Economic Plan in Reborn Pittsburgh

Biden will unveil enough tax increases to cover infrastructure

Wednesday speech holds up Pittsburgh as model for new economy

https://blinks.bloomberg.com/news/stories/QQSYPYDWRGG2

  • Oil Rebounds Toward $61 as OPEC+ Seen Rolling Over Supply Curbs

China PMI data top estimates in boost for crude demand outlook

WTI rally has stumbled in recent weeks, paring quarterly climb

https://blinks.bloomberg.com/news/stories/QQTKMFDWX2PT

  • IMF to Upgrade World Growth Outlook on U.S. Stimulus, Vaccines

U.S., China poised to recovery more quickly than most nations

Uncertainty remains for vaccine application speed, new strains

https://blinks.bloomberg.com/news/stories/QQRFO5T0AFB7

  • Fed Repo Usage Surges as Investors Rush to Escape Negative Rates

Banking system is flushed with cash unlike other quarters

Overnight facility acts as a relief valve in money markets

https://blinks.bloomberg.com/news/stories/QQT7ORDWX2PS

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