We are up for it faangs really driving that. We are up 4 . Usually a useful indicator in terms of risk sentiment. A clean kind of number actually providing one message from the market, confusion. The german tenyear guilt, we do have a bid on bunds, but the move particularly at the 30 end of the u. S. Curve really quite stark today, a big flattening of the curve. Alix it all depends on where we are in the u. S. Election. Nick wadhams of bloomberg joins us now. Where are we . Wheres michigan . Wheres wisconsin . Where is pennsylvania . Nick joe biden leads in wisconsin and michigan, and it looks like those numbers will hold. Wisconsin aspects to make a call later today, although the margin is so narrow that there will likely be a recount. President trump leads in pennsylvania, but both sides say they are confident that they will win that state. Essentially we are doing right now is playing a waiting game. There are states like nevada, pennsylvania, georgia where it is still going to take
Fastest pace in three months. I think probably the fed needs to be here, but the october number is the one you want to look forward to. Lets get the totals of what we learned today. It is kind of a good news, bad news day in terms of the economy for some we have had one good, one bad, and michigan is kind of neutral. Retail sales of 1. 9 in the month of september, much better than the forecast and much better than the. 6 gain the month before. Retail sales, ex autos also big. Car sales were strong during the month. And then we look at the control group, the part that goes directly into gdp, and that was percent inly up, 1. 4 august. In august it was down by. 3 . A significant boost for retail sales in the u. S. Economy in september. On the other hand, that news on the manufacturing side, Industrial Production falls. 6, a lot of that because airconditioners were switched off, utilities went down. When youre factoring production surprisingly went down by. 3 . That was the bad news for to
Session, 0. 7 . We are seeing a decent move when it comes to the bond markets. The eurodollar trading up by 0. 1 . I want to show you what is happening. A lot of sound and fury around the middle of the session, but as it has for a long time, the pound going absolutely nowhere. We are up by just 0. 1 against the u. S. Dollar. Alix i feel like it is the same thing now with stimulus headlines in the u. S. Lets get the latest on brexit headlines. The u. K. Says talks are over. Prime minister Boris Johnson spoke on that earlier today. Pm johnson given that they have refused to negotiate seriously for much of the last few months, and given that this summit appears explicitly to rule out a canada style deal, ive concluded that we should get ready for january 1 with arrangements that are more like australias, based on simple principles of global free trade. Under in australia type deal, there would be no competence of agreement, and the bulk of trade would be done under less favorable wto rule
A tomorrow minus the extremes. Im burnt off in berlin this is the day. Most americans dont want the promise of a revolution. To go this punk said opponents of so. Perny can be trouble the democrats run out money who said democrats. Thought we were all the same troll not just because of me but because of you. The democrats want to nominate to beat down and strong and that is why today i am campaigning. Also coming up turkeys president is threatening to flood europe with millions of migrants people as political weapons today the European Unions response to turkey not with us. The situation at our border is not only greece issue to manage it is the responsible responsibility of europe those who seek to test europes unity will be disappointed we will hold the line and our unity will prevail. But to our viewers on p. B. S. In the United States and all around the world welcome we begin the day watching and waiting for the final results of super tuesday the decisions being taken today in 14 u
Can try all the democrats want on how many who said democrat. But we will still see troll not just because of me but because you. Democrats want to nominate him to beat down and strong and that is why today i am. Sure thing. Also coming up turkeys president is threatening to flood europe with millions of migrants people as political weapons today the European Unions response to turkey not with us. The situation at our border is not only greece issue to manage it is the responsible responsibility of europe those who seek to test europes unity will be disappointed it will hold the line and our unity will prevail. But to our viewers on p. B. S. In the United States and all around the world welcome we begin the day watching and waiting for the final results of super tuesday the decisions being taken today in 14 u. S. States represent the 1st major step to determine who among the democrats will challenge President Donald Trump in november although there are 5 candidates on the ballots today