22 days to go until the election. Trump trails joe biden in a national poll. Yuan rally hit the pause. A weakerlowed with than expected fixing. It is just gone 6 00 a. M. Really filled with a lot of fingerpointing as mark cudmore points out. No one really expect money from a major new package before the u. S. Election, but they are betting on a monster injection. That puts our focus on the rising coronavirus cases europe is battling, and attention will shift to london. We will hear about restrictions from Boris Johnson. Lets take a look at how. Monday lets see how monday morning is shaping up. Equities, the csi 300 outperforming. Up to. 5 . There is a lot of optimism ahead of president xi jinpings address this week. That is expected to announce reforms to the upside. Trade,. S. Equities of the bond markets will be closed for columbus day. Lets take a look at what is going on across asset. When you look at the currency space, it is about the yuan. A higher dollar weaker yuan. This comes
Everyone is safeguarded and is as safe as possible. But again, there are different rules in england, if you are in scotland, in wales. That of people are saying it is confusing. The bigger thing is that there is not a rebellion inside the tory party about some of the extra things put in place, on the fact that the Prime Minister is gaining too much power. Debate. Big story is the ruining beauty rest. Right now, your first word news, ritika gupta. Ritika President Trump and joe biden will go headtohead for the first time in the president ial debate in cleveland tonight. The president unwittingly has n,ne a big favor to bide lowering expectations. He has painted biden as sleepy, which we have lowered expectations for menu have not seen him since the democratic convention. And a scaledback 2. 2 trillion proposal has been the legislation is designed to move along talks between House Speaker nancy pelosi and secretary of the treasury steven mnuchin. More details coming up from the New York
New york city for bloomberg television. All eyes on cleveland, ohio. Jon ferro, i dont know your history with cleveland, ohio besides the best Football Team on the planet, but this debate tonight will be a battle. It will be interesting to see just in the first 10 minutes how the debate agains the debate begins. Jonathan jonathan my association with cleveland is lebron james. Did i do that right . Tom you nailed that. Jonathan we can explore that another time. In the markets, i am not sure what the implications or conflict once is actual or consequent is actually are. The nearterm risk, the number one is that we dont have an outcome november 4. If we get a clear lead and joe biden really solidifies that in the debate tonight, is that risk on . Do you fade the volatility off the back of that without really considering the policy implications of a democratic sweep . I think that might be a step too far, but i am trying to work through those issues with a series of guests. We continue to
Ginsburg made the political picture in washington significantly more complicated with some analysts saying the odds of another round of stimulus before the election falling sharply. Bank stocks are getting crushed today as well amid new report about major firms dealing in suspicious funds well have more on that in just a bit. We have 59 munz left left to goy volatile session still make for the worst day in a while. Percentage terms, were down 2. 2 as we stand ahead will be all over the selloff in the final hour of trade. Billionaire investor Mike Novogratz will join us with his take on todays plunge and whether he is buying any of the dips after three straight lease losing weeks and well speak with john kerry in an exclusive interview. Well get his take on the Supreme Court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about lets focus in on the big stories were watching on a very busy day of news mike san toll toli is track
Groups say no. Hello and welcome to your business i want to get johnson berlin good to have you with us ever heard of and group if not now is the time to find out more and group is the Financial Technology of Chinese Commerce giant ali baba and its just filed for a do you a listing in shanghai and hong kong the i. P. O. Is being billed as one of the Worlds Largest stock market listings which could well raise a record 30000000000. 00 and group operates ali pay 1. 00 of chinas 2 dominant Online Payment Services now for more on this story lets bring in our financial correspondent in frankfurt thats Chelsea Delaney good morning to you and a man in taipei its so hans soo good morning to you too and id like to start with you. Because why is it you will have listing and both of those basically taking place in china. Well actually the end financial is not the 1st Chinese Company to list both and china and hong kong we know Companies Like net. And financial Sister Company they all went to hong