He said simply, this doesnt matter, and december could be green. Could be grim. Jonathan the markets are looking at the data in the second half of 2021, not 2020. Tom jon will get to the data of a market lifting and all of that. This ecb announcement a bit ago is buried, and im sorry, it just sets up the theme of extend and pretend into 2021. They are going to extend bond buying forever and ever. It is Central Banks to the rescue. Jonathan the ecb wants you to focus on the duration of the Bond Buying Program and not the size of the package they might announce this week. That has been a big push on the communications side. I imagine that will be the focus for them when they communicate with us. For us, we are all getting used to the idea that Central Banks will be there for us. Weve been conditioned by that all year. The biggest challenge through 2020 was to somehow divorce how you feel about the world around you from your view on financial markets, on where we will be 12 months out. Th
Airbnb expected to go public this week. Analysts saying it will surprise above its target despite all the headj winds the travel industry is facing. Well explaint iwhy ase xdp lunch starts right now. Thank you, ty the dow pullingqback but still above 30,000 only six dow stocks are higher right now. Teq apple is one of fthem the dow industrialso so far today as well as theee nasdaqe pos t composite and russell 2000 each have hit a record high intra day despite the fact the the dow is lagging, only up 5 and 13 gains over here for the Overall Index for the russell 2000 look at other parts of the market were also watching as well look at the semiconductor. Dze cord highsf pushing the semiconductors, possibly a leading indicators for the rest of the markets and another set of record highs tesla. Billion, would make it close to around the sixth biggest stock in the s p when it eventually goes in. That happens before the open of business on december 21ste1. And perhaps Short Co
Facebook. Fears of celebrity boycotts. And jp morgan has said to have sent some manhattan traders home after positive covid test with plans to restack. Jamie dimon says work from home will cause lasting damage. 6 00 came in london, and a call over the past 24 hours, from the two veterans of markets. Gross. Y dalio and bill its about debt, deficits, and inflation risk. The veteran mindset, the warning shots are plenty. Annemarie good morning, manus. Certainly in different ways both these titans as you say are playing those risks. For ray dalio, he said the dollar is under threat. My question is, what would become the global new king currency as he makes the point in his interview with erik schatzker, the three major currencies all have the same basic problem. Gross, for him its about becoming more defensive, isnt it . Manus it is. We will pick up on the trades in just a moment. Do with to corresponding cash having negative rates. Lets see what our guest host makes of that trade. Take it
A stark reminder we need to find Sustainable Solutions on migration and we all have to step up. Moreas residents know rehearsed in another makeshift camp can only hope that action comes sooner rather than later. I want to go now to brussels or to correspond above of a. Following this story for you barbara so will they rise to the occasion what are you hearing. It depends on how you look at it of course there were a lot of wonderful sounding words there was a lot of paper there of a lot of new proposed legislation but then this new listening to the commissioners they began stumbling through the minefield off their own proposals because it is difficult it take for instance the proposed sponsorship for people who bring being brought back to their home countries how is that going to work take for instance 300 afghans who might not have the right to sign and then well hungary who as we know notoriously doesnt want to take migrants in take the sponsorship for them take in all girl they hire
Beijing. Its markets, g president xi say both side have increase talks. Amid a cuts, it comes drop this quarter. And joining london me very, very shortly, its called technology, when she is ready, she will join us. Through on s coming bayer, the company in germany, point of the weed thousands more u. S. Wind up weed killer has been a deal reached. This is the breaking headline coming through. That the court filing was late monday epresenting consumers argue that roundup had caused their cancer. A little more detail on that, we bring that to you. Nne marie will be with me, but absentia of herself, a snapshot of the markets. The narrative of recovery and victory for trump, how does it translate, its data and the recovery coming through in china that equities chinese higher. 6 of 1 , the trifecta, sales, investment and wise. Ction yuan trades higher, how much stronger will it get. A man concerned about relapse. Cable peaks in the green at 8. 67 despite the political chair s in westminster