Moment. It is moving markets, but theres a lot of stuff percolating. The Dollar Strength really has my attention. I would go to the news released in the 5 00 hour of the reports that mr. Netanyahu met with the crown prince of saudi arabia. These really havent been vetted out by the israeli or saudi government yet, but i wonder if that helped a little bit as well. Jonathan i dont know about that, tom. News, dollaraccine weakness, can we touch about that a little bit more . The dollar taking out the lows on dxy. Es, we will see how bbdx do and the others. What i would note is the mexican peso. Comes through, hits 20 this morning. That is just one little snapshot of the complexity of e. M. Pairs doing well. Dm,than from e. M. To everything stronger against the u. S. Dollar. Yields up a couple of basis points. Lisa, good morning to you. Supply coming through the week. Lisa we will be getting 190 billion of debt, fiveyear notes. I dont know if you did this reading over the weekend about the
Have voted so far. 100 million voted already. More are going to vote today. Pres. Trump a vote for biden is a vote to eradicate your auto industrys. Mr. Biden my message is simple. The power to change the country is in your hands. Tomorrow we can put an end to the present who has fanned the flames of hate all across this country. Pres. Trump i am running against a very sleepy guy. He happens to be a corrupt politician. Mr. Biden it is time for donald trump to pack his bags and go home. Pres. Trump this election comes down to a very simple choice. Do you want to be ruled by the corrupt political maniacs that you are dealing with, or do you want to be ruled by the American People . Alix going us now is bloombergs aquatics bloombergs nick waddings. What are the numbers . Reporter the big time we will know things at about 9 00 a. M. At about 9 00 p. M. Eastern time in the u. S. At that time, we will have a pretty good idea of where florida is. Once we know where florida is, is goingnow joe
In placen, and the fog on fiscal stimulus. It has crept up on us after the dueling debates of last week, but there it is on thursday in nashville, with a mute button. It will be interesting. Jonathan we know this campaign is unhappy, not with the mute button, but with the topics. They want this debate to be about Foreign Policy. I imagine the president wants that to be about Foreign Policy, and he will do his best to make it just about that. Tom he will do that. You wonder if it will be the uproar over the bidens in the out york post article front of our giuliani interview the other day, but help me here, lisa. This is really important. Does Foreign Policy matter in a president ial election . I am not sure it does. Lisa i would argue in this case it does, not so much with russia, but with china. We have seen an increasing amount of betting on the chinese economy, not because they have handled the virus arguably better than we have come about because they believe joe biden will be a lit
Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu
Through for the United States at 57. 8. The previous number, 56. 9. The survey, 56. 2. We have a easily beaten expectations on this number, but the details are important. Lets dig into the details with bloombergs mike mckee. Michael important to realize this is a diffusion index that basically asks companies, what are things like this month compared to last month. There is a bit of an improvement. The level of improvement has slowed some. But that is a reasonably good number because we see business activity, which is sort of the same of production in the manufacturing index, up to 63 from 62. 4, and new orders up. Again, this compares with the last month. We were at very low levels, so the fact that things are expanding doesnt mean we are back to where we were. It just means that things are gradually Getting Better. The one thing everyone has been watching his employment. This report comes out too late to influence everybodys view on what the payroll report was like for august for sept