Interview for global wall street. I believe david folkertslandau is scheduled with us, from deutsche bank. The sun has not risen on the east coast yet. When it does, we will start to see the trickling in of the final 5 of voting in some states, and in some there is still a very large gap involving tens of thousands and hundreds of thousands of votes. What am i focused on . I guess i have to be focused on nevada. I may be wrong on that, but that is the one state on focused on right now, francine. Francine what im focused on is the legal challenges. I think it is pretty much being dismissed by the markets, and a lot of legal experts are also saying there is not a path forward for the president to challenge the voting. My want to see how that pans out and if there is a bigger impact. Lets get to first word news with ritika gupta. Just oneoe biden is battleground state away from becoming the next president of the united states. Biden already won two key prizes in the midwest, the states of
We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers
Spreading the next few months could be challenging. Approach with caution. Jay powell warning over economic challenges, despite the prospect of coronavirus vaccine. Treasury yields fall amid growing concerns around the pandemic. California joins texas reaching one million infections. U. S. Election Officials Say the vote was the most secure in u. S. History. Bandss President Trump investment in firms controlled by chinas military. What a week. Clarity in the u. S. Election. A hope old date on a vaccine. We are ending the week with a surge in covid cases. A push poll between the euphoria of a vaccine versus the pandemic. We wake up to french hospitalizations breaking a record. California joining texas surpassing one million infections. Chicago, the latest u. S. To issue a stayathome advisory. The mayor saying, this is literally a matter of life or death. Lets take a look at how this is playing out into markets. A stunning week. We have covid weighing on equities. Into session feeding fe
In the same question which we know of newborn babies were torn from their mothers and given away and forced adoption. I dont know to this day mothers still search for grown children for their birth parents. So what weve got to do is identify the threats that we have. Its crazy. Let it be an arms race. Be any dramatic developments, only very time to sit down and talk i this is boom bust the one business show you cant afford to miss. Im pretty boring. Washington coming up. Russias boasting the efficacy of its v vaccine as one nation has begun to import trial samples. Plus airlines have been battered as a result of covert 1000 despite a recent bump in holiday air travel. While the dow is setting record highs straight ahead, were going to break down all of those numbers later brecks it is back in the spotlight as the dangers of a no deal loom large for one of the worlds top economy showed today. So lets dive right in and we leave the program with another update in the race for a covert 100
Efficacy rates for russian citizen vaccination. With clinics, we will be free of charge. Now for comparison sake, pfizer and biotechs vaccine is expected to cost around 20. 00 per dose. The c. E. O. Of modernity said this week its drug will cost between 25 and 37. 00 per dose. And the astra zeneca vaccine being developed with Oxford University is estimated at around 3. 00 to 4. 00 per dose, all 3 of which will require 2 doses. On tuesday, the 2nd interim analysis of trial data for russian sputnik back b was really showing the vaccine had a 91. 4 percent efficacy in preventing a Coronavirus Infection after 28 days and was more than 95 percent effective after 42 days. Meanwhile, hungarys foreign minister of on monday said the country will be the 1st in europe to begin testing sputnik be. Last week, this scene arrived in hungary and arrived together with the necessary documentation for the one were going to carry out, which will help our scientists to decide whether to expect scene is rec