FT News Briefing

Covid-19 shakes US equities, OECD warns against post-pandemic austerity

05 Jan 2021

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US equities had their worst day since October as spiking coronavirus cases and lockdowns shook investors, nearly €6bn of EU share dealing shifted away from London in the first trading day after Brexit, and China’s currency has rallied to its highest level in more than two years. Plus, the FT’s economics editor, Chris Giles, explains why the OECD’s top economist wants governments to rethink their constraints on public spending. EU shares trading flees London on First day after full Brexithttps://www.ft.com/content/a434b756-afe0-454d-9d70-ef2d42ea8d55Wall Street suffers worst day since October on virus advance https://www.ft.com/content/82e8a6ee-78a3-4ed1-aa13-bf6a67e58d97Renminbi rallies past 6.5 per dollar for first time since 2018https://www.ft.com/content/c91a70d8-001c-4924-9bfa-9b5c21099112OECD warns governments to rethink constraints on public spendinghttps://www.ft.com/content/7c721361-37a4-4a44-9117-6043afee0f6b Hosted on Acast. See acast.com/privacy for more information.

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FT News Briefing

Covid-19 shakes US equities, OECD warns against post-pandemic austerity

This episode hasn't been transcribed yet

Other episodes from FT News Briefing

Global birth rates are falling…phones are a big reason why

From “What Next”: How “Tax the Rich” Went Mainstream

Blockbuster IPOs to take Wall Street by storm

Trump’s new $1.8bn fund under fire

Germany’s far-right boosted by stance against Iran war

UK bond vigilantes ride again

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