What action will be taken to help cities stop the bloodshed. And crime was top of mind for New York City voters who cast their ballots for the mayor. When all said and done, will a former Police Officer come out on top . Its Way Too Early for this. Good morning. And welcome to Way Too Early, the show that shuts down all the fire alarms, i think were good this morning. Unlike yesterday. I am kasie hunt, this wednesday, june 23rd. Well start with the news. Democrats say they will keep fighting after Senate Republicans on a sweeping new Voting Rights action in laws in red states. Democratic governor joe manchin voted to debate, after receiving assurances that his compromise would be considered. At the end, the vote was split 50 50, short of the 60 votes needed to overcome the republican filibuster. Heres what will we heard on the senate floor yesterday. Theres no widespread effort to stop voters from casting a ballot. And theres no design to hand states constitutional authorities over to
To challenge records. Eu finance are set to meet today. Italy lays out fresh restrictions. Chancellor merkel urges germans to follow the rules. Bmp bounces back, the french Bank Benefits from volatility. A bullish tone on the numbers. If you look at the bottom year ago, andus a nine months, it is ahead of the target we gave for the outlook for the full year of 2020. We are under one hour until the start of cash equity trading. Good morning. Lets look at futures. Some real strength coming through futures markets sees the european picture up 0. 8 . If we look at the u. S. , we get a similarly positive picture. He saw strength yesterday. We have not erased losses from last week. The coronavirus is still very much with us. Yesterday the u. S. Equity markets recovered to some extent, and in europe, the cac 0. 2 . X up by today we see more of that positive trend. We can see positivity coming through in the asian session. Japan is closed, but we have the asian equity session fairly positive.
A potentially breakthrough u. S. Vaccine was deliberately held back until after the election. Are your headlines, my colleagues, youll be hearing about an hours time with a look at your news until then stay with us. This is our international i am max kaiser. This is the kaiser re port lots to get to stacey. Yes. Well, you know, weve been talking about the cantillon, our class over the past few years since the money printer started going postal. The central bank started printing credit for the bailout, the Global Financial system. And now soc gen society in general has actually quantify how much just how much of trillions of dollars has been transferred to the top one percent who own the vast majority of stocks and bonds. So how much of the stock markets rise over the last 11 years . Is due to q, e, here is an estimate. The s. And p. 500. 00 will be trading closer to 1800. 00 without fed bond buying says society in general. Right now, is that 3500. 00 it should be at 800. 00 if it weren
Is the first air travel bubble of its kind. There we go. We should be watching airline stuff as well but a lot of that thisready priced in after bubble was announced a few weeks ago. A have a look at the tech index here. Alibaba and tencent on the market at the moment. They are taking 179 points off the hang seng index itself. That is as we are seeing this rotation out of tech stocks, a global phenomenon at the moment. This will be because of the regulatory challenges we will be facing through some of these online retailers. Juliet . Juliet lets get Market Analysis with patrick, the global asset strategist. Patrick, we are finally getting this news of this travel bubble between singapore and hong kong. This is one thing that investors have been looking for when we start to see Global Travel open up and how that will feed into the energy markets. Lets get to our question of the day. That is when will crude back to these march highs . What is your view . Patrick morning. We are not speci
The u. S. Election and there is profit taking in parts of the market. Investors, trying to figure out what a biden possible blue sweep and the senate means for markets. The focus is on brexit. Rushing outstories and we go to the fed and jobs tumbling. Oil two other stories we are watching, euro area october are thanring pmi, that expected, 54. 8 instead of 54. 4. Se extra this is pretty lockdowns. Watch down for some of the stocks because there was an input error. Maybe we look at individual countries instead of the stoxx 600 as a whole. Lets get to the first word news in new york in london with leighann gerrans. And thank you. With one day until the u. S. President ial election, democratic nominee joe biden is leading incumbent donald trump in a series of polls. He remains ahead nationally as well as in key battleground states although some of the races remain extremely close. A number of polls put widen and ahead in the key swing state of pennsylvania. The u. K. Is set to enter a loc