Philips beats expectations in the Third Quarter, sending shares higher in early trade this as the dutch Health Tech Company also backs its outlook. The world needs more Productive Health technology, find new ways to connect patients to doctors, overcome the pandemic and philips is very well placed for the coming years to benefit from that. And chinas gdp rises 4. 9 in the Third Quarter as strong growth in retail sales and Industrial Production support the economys rebound. But the data slightly misses expectations so, there are three parts if i can put it more sub sectors and ideas, one, whats going on politically and economically and on a corporate front this week promises a lot of information on all of the above. Maybe not conclusive information. As the u. S. Elections. Such as brexit were getting to a very key crunch moment as well. Because lets face it, weve got around 15 days until americans have their vote, theyre already voting in droves by the way in the u. S. Election. Not muc
This comes after modest advances you did see gains. The second out of the last three sessions as joe mentioned it has been a rough week we are on track now if we continue on this pace to have the first down month weve seen since march. Looking at all the gains theyve built up on all of this. You are looking at fairly solid gains. It is a matter of days before we get to the end of the quarter. Take a look at the treasury yields now, especially the 10year. 0. 661 hasnt budged. Weve been sitting at these levels for some time weve got developing news right now. President trump asking a u. S. Court to let a ban on the tencent app wechat proceed the judge is giving the president to 2 30 this afternoon to postpone a ban on tiktok downloads. It doesnt pause the ban but says they must defend the policy in a sunday court hearing. The policy is currently set for 11 59 p. M. This sunday so a lot going on with the kvdel saga it was 11 59 last week too. What happens if you cant download it . Did you
A former east german factory still going strong. This is day to day business on robots in berlin welcome to the Program European Commission President ursula found a line says brussels is launching legal action against the u. K. For a breach of good faith articles in the brics Withdrawal Agreement these decision was triggered by the u. K. s internal market bill which westminster passed on choose day the controversial bill aims to guarantee smooth trade between Northern Ireland on the rest of the United Kingdom but brussels fears it could trigger a hard border between Northern Ireland and the republic of. Well lets cross to financial correspondent Ashutosh Pandey who joins us from frankfurt worth talking to you from there actually because figures are starting to show that places like frankfurt are benefiting from brics it at the expense of the u. K. Absolutely thats what this unsaid younger report shows us 7500 jobs have moved out of britain 1. 4 trillion euros have moved out of britain
Annualized basis. Slightly less bad in the estimates. They do expect a contraction of more than 20 . Nonetheless, the nikkei up 2 . You looking at u. S. Jobless claims and payroll, adding urgency around stimulus in washington. The snp active futures in the u. S. Up 1 10 of 1 . The dollar still a big story in terms of the weakness. 6. 97 . Offshore at stronger data suggesting the economic recovery in China Remains on track your the bloomberg dollar index flat. This is what is happening with the dollaryen, flat essentially. The pound on a tear. Have a the boe that will meeting thursday and no action is expected. We will look at some of the commodities as well. 56,10 year yield below yelled at 55. Today we are expected to get details around a treasury in cash issuance and the economic recovery plans in the united states. Thats whats happening with oil at 43 a barrel, down 6 10 of 1 . Lets get to first word news with Karina Mitchell in new york. Karina global coronavirus cases have topped
Same saying we have this white mans burden to take care of everybody else and it is its not really about white and black is it you dont have to be white to be racist you dont have to be black to be a victim of racism the europeans were being conducted programs against the jews before they ever saw a black person the british were conducting programs against the irish thats all they ever had a friend african caribbean and indians you know to be racist against therefore they had ill you citizens to be racist against which has been our most recent target and of course you know the arabs in between because were waging war over the middle east so for me this is somewhat of a diversion im happy to see the back of the statues but if it just is a question of looking at statues and taking them away whilst doing nothing about the roots this is limit is it why does it change exert georget exactly half of diversion is needed a bill thats now. Oh i see it all ok that i offered to address social ineq