Grounds. Nikei down. 4 . The japanese yen hold steady against the u. S. Dollar. Industrial production beating estimates. The asx 200 down 1. 5 as the aussie dollar continues to strengthen against the u. S. Dollar. Quarter end demand from iwiorters as well, and k stocks reversing yesterdays losses. Holding steady after falling for the lowest level in a week. Steady ahead of the first u. S. Debate. Continues to lose ground after a touched the lowest level in almost two weeks. We are seeing the offshore yuan holding steady. We might see some china bashing in that debate. That is it from daybreak asia. Coveragemarkets returns at 11 a. M. Hong kong. This is bloomberg. From bloomberg headquarters to our tv and Radio Audiences, i am david westin. Welcome to a special edition of balance of power, coverage of the first president ial debate. President donald trump and joe biden will share a stage for the first time tonight in cleveland as they debate each other at a campus shared by case western
Donald trump and joe biden will take the stage for 90 minutes. Six topics on the table. The big question, will the candidates do anything tonight to change the course of this race . President tru behind right now, has been for months. And our statistics guru nate silver at fivethirtyeight calculates that joe biden has a 78 chance of winning the white house. But there are three debates, five weeks to go and President Trump has a history of shaking things up. Our chief White House Correspondent jon karl is on the scene in cleveland. George, donald trump goes into this debate with his back against the wall. By every publicly available measure, he is losing this race. Trailing in the national polls. No consistent lead in any of the top dozen most competitive battleground states. He needs to change the dynamic of this race and tonight is the best chance for him to do it. Hes been here before, four years ago, his campaign was collapsing and he turned it around in part with a debate. And goin
Joe biden. After months of lobbing longdance attacks, aides for both candidates say tonight the gloves and the masks will come off. The two men arrived at the debate hall at Case Western Reserve University in cleveland a short time ago. They were not expected to shake hands because of the coronavirus pandemic. Lets not forget as we come on the air tonight, this virus has killed more than 205,000 americans. This pandemic has led the u. S. Into its worst economic cracks since the great depression. More than 26 million americans are claiming unemployment benefits. And two late developments have thrown a lit match into an alreadyvolatile race. The republicans effort to quickly replace the late Ruth Bader Ginsburg with conservative judge Amy Coney Barrett and the latest revelations about President Trumps taxes. So the stage is set for this first showdown. There will be no opening statements. Chris wallace of fox news will be asking the questions. He was chosen by the president ial debate co
Here is the game plan for this evening. There will be six 15 minute rounds with the entire debate lasting about an hour and a half. No commercial breaks, no opening statements. Topics include the following covid, the Supreme Court, the economy, race and violence, the trump and biden records and the integrity of the national election. In a moment we will hear from Chris Wallace make his introductory remarks here at the Cleveland Clinic. We want to bring in tom bevan, cofounder and president of real clear politics. Good evening. Donald trump as we know is the incumbent. He is looking for the chance for the American People to rehire him for another four years. Layout is challenged tonight, tom. First he has to present a defense of his record, what hes done, and then also has to present a vision for the next four years. He is going to center that primarily a thinker on the economy, which is the number one issue in the minds of the American People. The single issue where Donald Trump Holds
80eople will be in the audience in person tonight on the campus of casete wes reserve university, which is cohosting the event with the Cleveland Clinic. The moderator is fox news Chris Wallace, we at the newshour are practicing social distancing while i am broadcasting from our sturedio, ourters and analysts will join us remotely. Thats White House Correspondent yamiche alcindor, congrsional correspondence, Lisa Desjardins who is covering the biden campaign, amna nawaz will be watching the debate with a half a dozen voters from around the country. Amy walter of the cook political report, along with Washington Post contributing Columnist Gary abernathy, joining us from ohio, and syndicad columnist Cynthia Tucker in alabama, welcome to all of you and we are gog to ask yu no for a quick word from each one of you starting with yiche, tell us how is the president prering. T president did not do traditional debate pretp, he waaving mock debates or having anybody play his political opponent.