Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
If confirmed, she would be the first woman to hold the position. Promising stynes leader to have u. S. Coronavirus Vaccine Program says astrazenecas shot could halt severe covid. Welcome to the program. Futures in europe pointing higher. Futures in the u. S. Pointing higher and a number of uncertainties removed from the markets thinking over the last 24 hours or so. One of them is who is going to be treasury secretary. Somebody the that market knows ery well in the shape of janet yellen, somebody that has considerable monetary experience and fiscal experience. The other uncertainty is the transition at the white house. That seeps to be looking a little smoother given the headlines we have seen over recent hours. The asian picture benefiting from all of that removal of uncertainty i described. Something more complicated happening to the japanese market which had been doing well prior to being closed. It seems the Trump Administration in its last days still has some tough time to be toug
Out of the woods. For more on this were joined by boom bust cohost chrystia and former fed insider danielle de martino booth danielle fed minutes are in focus today and are specifically investors are going to be focused on inflation averaging an extended rate guidance this is these are the last minutes before the election thats just weeks away give us some color on that and how is the market digesting this latest update. Well so i think the market is interpreted in todays minutes as saying the fed is standing ready to monetize to print money to satisfy any stimulus spending that comes out i think the obviously the hurdle here is is actually Getting Congress to act but again the fed is showing a willingness especially with what powell said yesterday. There was no way that there could be too much stimulus and that is fed speak for saying whatever it is if its 2 or 3 or 4 trillion dollars whatever the price tag is however many treasuries are issued we will buy them in the open market and
The days to come. David we have heard that the president is still contagious. Him fromey isolate people around him . And how will he do the debate next week . He says he is going to do it. Are a lot ofre challenges with keeping somebody who is infected in a safe space and not creating danger to those around him. We have seen this with the the fda plans to work as quickly president when he was going into as possible and will not cut the residence last night when he scientific corners to rush a had taken off his mask. Vaccine. We note there were photographers around him at that point. Hurricane delta continues to it is going to be important that strengthen as it moves toward not only the president wear a the gulf of mexico. Forecasters say it is a dangerous category 4 storm with mask but that his staffers and Anyone Around him also wear them in addition to keeping the distance, at least six feet from him. We do not know how long the end virus that virus can be infectious and it is a poin
A network thats totally dishonest c. N. N. Is says you know 100 percent negative. Change fast changes so sometimes ill say thats going to be a great story be a pretty good report another as good as you. Will see what happens. I always say who knows what well see on this bill will be a success. But the catalyst of all of this. I want look at what why did. You call prove it but there are also friends. Are still so but the so will be to do something this year. Which will. Be the other about that this is the only ill go if i was there with someone that you know will go to that. I. This is boom bust the one business show you cant afford to miss and there montecito going washington coming up Us Federal Reserve minutes were just released with a bit of good news for an economic recovery but it could all be gone without the help of congress and the white House Democrats unveiled and the nearly 450 page antitrust report targeting big tech what is some possible changes to federal antitrust rules