Merkel is said to have warned germany could exceed 19,000 cases in a day. Trump and Joe Biden Square off in the first president ial debate tonight. Bloomberg television and radio will have special coverage and analysis on the headtohead. 6 00 a. M. In london, 7 00 a. M. In frankfurt and 9 00 a. M. In the difc. Differencell it make to markets who wins technically . Tell you what is questionable, who is the greatest of them all . Slightly schizophrenic in the equity market but do you want to walk naked for the next 30 days into an election and be short the dollar . We will take a look at the dollar. Kitties is the carry trade getting unpacked. The short dollar by the e. M. Buy the em. This is the biggest losing trade out there. Bmp into the election, high vol, there will be a better opportunity. The fx carry trade is down nearly 3 this quarter, adding to the dollar. Do you walk naked into the woods into a u. S. Election with no dollars around your neck . Lets talk about the markets, the
Here are your top headlines from the bloomberg terminal. Confirmed coronavirus deaths top one million globally but some estimates are double that. Angela merkel warns about a christmas virus bike as the netherlands imposes a threeweek curfew on bars and restaurants. Stimulus still drives stocks. House democrats released a scaledback 2. 2 trillion proposal. President trump goes headtohead with joe biden tonight in the first u. S. President ial debate. Out free now, considering the purchase of daimler and bmws joint shares 3 . 3 into the close. Lets take a look at futures. We see green arrows, but only up. 1 or. 2 . U. S. Futures are doing better at this early hour, up one third of 1 . Regardless of where you look, the dow jones, s p, or nasdaq, contracts are rising. What do you see on the gmm . Anna a fascinating day yesterday in markets, with gains of more than 3 on some European Markets. As you have been through, futures looking more subdued, and that is the case in the asian session.
U. S. Futures. We saw you choose drop immediately. Down 0. 9 . You can see the stock drop as concerns mount about the president and the first lady having covid19. This comes after a top aide that had traveled with him to cleveland and minnesota, hope picks. Hicks. She contracted covid19. The president and the first lady tested positive. You are seeing immediate Market Reaction. Joining me is the head of Investment Strategy. A lot to digest. We just learned this news. The president contracting covid19 to be this comes 32 days ahead of the election. It goes without saying we wish the president and his family and anyone that comes in the path of the virus well wishes. Howdy prepare for the risk of this event . Frameworke to have a of how things will work out over the next 612 months. , depending onerm, how far markets have come from since march. Fostering a trade war. All of that can potentially impact markets in the shortterm. Mediumterm, 612 months, we do think equities are going to be
And im going to be letting you know about it. President u. S. Unexpectedly leaves possibl hospital to greet supporters. Risk on returns. The president could leave walter reed as early as today. On stimulus, he tweets, get it done. France plans fresh restrictions amid rising cases. Boris once the u. K. Of a tough winter and the chancellor speaks today. London, 9 00 a. M. In dubai. Hey good morning to you. Well done on friday. The world looks this morning at where complete chaos is, for the moment, taken off the table. That is reflected in dollaryen, the dollar. We dont know the full status of Trumps Health, but for now, the complete chaos. Seems to have been tempered. Annmarie yeah, we are getting conflicting reports and confusion out of d. C. Regarding the president s health. There was a wild 72 hours from when he tested positive to what medical experts are saying. And pretty much set the bar this expectation the president could be released as early as today. What happens to the market
Harris slams the president s Pandemic Response in an eventempered debate with mike pence. Polls show joe biden widening his lead in battleground states. Push higher amid signs nancy pelosi is open to a relief bill. Help downigger fiscal the track. Coronavirus cases rise in europe. France reports a record daily number. President macron says more restrictions are coming. Boris johnson wrote warns of rising infections in london. 6 00 in the city of london where Annemarie Gordon is resident. What a different debate this was. This was salvos of policy. Where harris going after, did mr. Trump borrow his money from . Pence went after her on the energy front. Good morning. Annmarie good morning. I got up early to make sure i got the start of the debate. More policy, less chaos, coronavirus front and center. Both of these candidates were behind plexiglas. One thing that was very prevalent that they both dodged. , harris, whether she would expand the courts. Not ce, whether or what he would do i