1. 30. Immunereally, it seems, in the pound crosses to the brexit headlines. You get a little bit of movement, but not very much on the headlines being generated out of brussels. Crude down 0. 6 . A cautious outlook coming from opec . The virus story front and center. Alix virus cases. Leaders virus cases surging across europe. Leaders weighing options. Italian Prime Minister Giuseppe Conte is holding a press conference right now, saying they cannot take the same measures as in the first wave of the virus. Joining us with more from roane bloombergs is alessandro. Ndro the milan area has requested a curfew from 11 00 p. M. To 5 00 a. M. To stop the activity, to stop people mingling together and going out for a drink in the evening. This is not enough to stop the spread of the virus. We had almost around 10,000 cases per day daily, below the european average, but still higher than what we have seen just a few weeks ago. We are expecting new numbers for today any minute now. Guy when you
People dead and 700 others injured at least 20 buildings were destroyed. I have a shop on the back side i was talking with someone i felt that while we were outside the ground started to shake while i was watching our building i saw this one collapse. I thought that the ground to chatted you cannot think or you try to do is get out everywhere was collapsing luckily our building was intact. A rescue operation is underway in el salvador where a landslide has left at least 7 people dead and more than 30 missing some locals are helping crews using their bare hands to dig through the mud and a landslide happened in a village just north of the capital. The New York Times is reporting that the u. S. Government is deporting Migrant Children to mexico without an adult and without any family to take them and all than 200. 00 children originally from Central American countries all set to have been expelled from the u. S. Over the past 8 months armenia and azerbaijan have agreed not to deliberatel
The uncertainty is out there in the election and particularly on pandemic news worldwide. Jon ferro, we are touching 50 on futures. On radio and tv, we will do more data checks throughout the hour. Rro in withn let fe his famed cross asset that a check as well. Three big figures out on vicks. What is the data on the screen that matters to you right now . Jonathan i just think the news flow out of europe has hijacked the whole agenda morning. The data is looking at the banks and bank equities, particularly in europe. I think the banks this week are down 6 , 7 in europe. Thats where the story is, more restrictions. Macron a little bit later this evening. Reports out of france suggesting a onemonth lockdown. Chancellor merkel talking about proposing restaurants that proposing closing restaurants and bars for a month talking about proposing closing restaurants and bars for a month. It is winter now in europe. That the idea right now not only is the virus increasingly severe throughout euro
Well in many states. Businesses are holding back from spending amid the pandemic and stimulus talks appear to be at a standstill once again with leaders from both sides accusing one another of moving the goal posts in the negotiations. Unlikely we will get a stimulus before the election. 59 minutes to go, dow down 2. 2 . Lets get to the stories we are watching right now as stocks fall sharply mike santoli is tracking the market selloff for us. Which parts he is watching in particular meg tirrell digging into the latest covid numbers mike, whats the broader take on what is happening today average bit of a rethink on a mull pent fronts the idea that covid might cause more business disruption last week the s p 500 was skirting this boundary between this sort of breakout level we had and around 3,400 we are actually below that right now. Did a little bit of damage s p and the nasdaq fell below the 50day average the s. A. P. Warning probably evented the nasdaq from doing a better job of sup
Ben because i have a dollar 2011 right here very poor we told you to buy it was going to compete with gold its going to take over the world it was in fact perfect money and still is in the role for evermore be well lets see how this is working out stacy so we were right jamie diamond was wrong and yet jamie diamond the guy gets paid a 1000000000. 00 to be wrong all the time thats kind of how they why the economy is in a crisis is that these people who are wrong of us time keep on getting elevated to higher and higher positions and they get rewarded and celebrated as heroes jamie dimon hated big queen at 10. 00 and we talked about it he did the 100 he hated it at a 1000 and well he loves it at 13000 to show you how this has worked im going to show you a 24 teen have behind from our j. P. Morgan chase c. E. O. Denounces big queen as terrible predicts its downfall in the article he says is a terrible store of value it could be replicated over and over it doesnt have the standing of a gove