The stock up close to 100 this week. Is that a squeeze or a fundamental reevaluation . We have seen travel stocks really rising quite sharply this week. Lets take a quick look at the european markets. Theres a bunch of factors i want to focus on, plus a global view of what is going on. You can see what is happening with the chinese currency. 0. 5 ,an stocks up around pretty much matching the gains in the united states. We are watching stimulus pingpong. Italian 10 year, there it is. Some pretty big moves over the last few days. Then weve got what is going on with the chinese currency. China back today from golden week. A huge bid in terms of equities and the currency. Will the pboc squash that one . We will wait and see. Europe focusing on what is happening with the lockdown story and what is happening with the bond markets. Lisa the pandemic ongoing, leaders stepping up to contain the surge in virus cases across the continent. Bloombergs maria tadeo joins us with more. What do we know
Week on the hole for global stocks. Lets get a first word news update. Heres leighann gerrans. Leighann president macron of france has appointed a new Prime Minister. Macron is preparing to reshuffle his government in the widely expected relaunch of his presidency for the final two years of his term. North Korean Leader kim jongun urging people to stay alert of coronavirus. He warned that complacency could lead to unimaginable and irreversible crisis or get despite the warning, he has reaffirmed north koreas claim to not have had a single case of covid19. This is widely doubted by Global Health officials. European president christine crisiss signature fighting tool is becoming the focus of disagreement among policymakers. Governing councilmembers face a potential risk over how much their emergency Bond Purchase Program should stay weighted toward weaker countries such as italy. That is according to multiple conversations with central bank officials. And hong kong, police have charged a
Retail earnings over the next couple of days. Thirdquarter earnings better than estimated at 1. 13. They see their fullyear adjusted earnings raised from what they saw before on the 5. 91. D, looking at. It looks like on first blush, a beat and a raise for the rest. Global exchange for the rest of the year. Time now for global exchange, where we bring you the news from all around the world. Our bloomberg voices are underground with the latest. China and the u. S. Agreed to stay in touch on remaining issues to get to a phase i trade deal after a phone call earlier, in which topic a shooters top negotiators from both sides discussed core concerns. They agreed to maintain communication on the remaining issues for the first phase of negotiations. Enda curran joins me from hong kong. It is a long, convoluted way of saying they are still just talking . Is all about the mood music. It is another day of incremental news that seems to bes adjusting that governments are on track for some kind of
A contest to build the micro union units. Theyre expected to be ready in 2015. Wolf and kate . Small, small apartment. But you know, its in manhattan, you dont have to commute. Its pretty cool. Do what you got to do. Maybe spend a lot less time at home. Thanks very much for watching. You can follow us on twitter, tweet me wolfblitzer. The white me katebaldwin. Erin burr rent out front starts next. Theyre zeroing in on the main interacts behind the hostage crisis in algeria but we told you about them last week. If the nra has such influence, why is one of its most senior lobbyists criticizing it . The ceo of yahoo is an instant rock star. Shes crashed servers around the planet today. Lets go outfront. Good evening. Im erin burnett and outfront tonight the mali terror connection. U. S. Officials are zeroing in on terrorists based in northern mali as the suspects behind last weeks terror attack in algeria. Three americans were killed in that attack, seven survived. Barbara starr broke thi
Oh, we can. Look. Would you not eat my pants . Ah nothing like ending a long week by repeatedly watching someone getting knocked over by a goat and hearing a goat scream. Have a good weekend, everybody. And watch your backs. Thats it for us. Theyre zeroing in on the main suspects behind the hostage crisis in algeria, but we told you about them last week. If the nra has such influence, why is one of its most senior lobbyists criticizing it . And later in the show, the ceo of yahoo. Shes an instant rock star. Shes crashed servers around the planet today. Lets go outfront. Good evening. Im erin burnett and outfront tonight the mali terror connection. U. S. Officials are zeroing in on terrorists based in northern mali as the suspects behind last weeks terror attack in algeria. Three americans were killed in that attack, seven survived. Barbara starr broke this news today. U. S. Officials now say this is the case. Why arent they entirely sure who is behind an attack which frankly was this b