Analytics

How to Start the Week: Analytics and Forecasts — 15.03.2021

Fundamental analysis and forecasts for the future


Comment about the top story Brexit is worse than COVID-19.

 

Must know

President Biden is on his way to meeting his goal of 100 million vaccinations in his first 100 days, on track to hit the target by his 60th day. The highly anticipated $1.9 trillion stimulus package has been signed into effect and people could see their money this week. Hopes are high between the two efforts that the US could have a somewhat normal summer with a thriving economy.


The Office for National Statistics said, British goods exports to the EU, excluding non-monetary gold and other precious metals, slumped by 40.7% in January compared to December, the Office for National Statistics said on Friday. Imports fell by 28.8%, leading the gross domestic product to drop 2.9% lower than in December. Brexit is doing more harm than pandemic lockdowns.


India’s Enforcement Directorate has recently asked Amazon.com Inc for information related to its operations in the country, as the agency continues to investigate the U.S. e-commerce giant in a case stemming from last month’s Reuters special report. The piece revealed the company has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country’s foreign investment rules. A source at the country’s federal financial-crime fighting agency said the Directorate will examine the findings.


Tesla Inc is exploring an arrangement with Indian conglomerate Tata Sons’ power generation unit, Tata Power, to set up charging infrastructure for electric vehicles in the country. The e-vehicle manufacturer continues to push its way into the second most populated country.


Eurozone industrial output was much stronger than expected in January and was revised sharply upwards in December too, despite the COVID-19 pandemic. Eurostat announced industrial production in the 19 countries sharing the euro rose 0.8% month-on-month in January for a 0.1% year-on-year gain, beating market expectations of a 0.2% monthly and a -2.4% annual reading.

 

Fundamental breakdown

Google/Facebook

U.S. lawmakers introduced the plan in Congress on Wednesday to address a perceived power imbalance between news outlets and the tech giants. Critics accuse the companies of using content to drive traffic and ad revenue to their platforms without fairly compensating the publishers.

Netflix

Netflix Inc. appears to be tightening its practices on shared account logins among different households. A test program is notifying some customers to sign up for their own account if they aren’t watching with the subscriber on record.

Boeing

Boeing Co said on Friday private investment firm 777 Partners has agreed to buy 24 737 MAX airplanes with an option to purchase a further 60. After two years of headaches around this model, this could be the support the plane manufacturer needs.
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