Deaths, and germany reports is highest fatalities since april. Brazil is resuming trials of chinas vaccine amid claims the original was political. Joe biden held his first calls with political leaders in tokyo and ellis and dolores seol. And calls for stronger twoway ties. He also wants to meet biden as soon as possible. Korean president moon called for a stronger aligns with the u. S. And said they agreed to Work Together on the virus and climate change. Financial markets in the philippines will remain closed as another powerful storm heads across. At least one person has already been killed. Currency and trading has been suspended. The typhoon is the 21st storm to hit the philippines this year. Winds gusting to 250 kilometers per hour. It is then forecast track towards vietnam. Global news, 20 four hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. Im Karina Mitchell, this is bloomberg. Lets get a look at the
Plan, but Republican Leaders warned the gap remains wide. Mitch mcconnell says the plan contains poison pills. Bloomberg economics cuts its growth forecast for japan, saying the recovery is weaker than expected. This hour brings a survey showing what business thinks. We are getting breaking news crossing the bloomberg. President trump has moved to sign an order which would expand u. S. Mining, citing a threat from china. President trump has moved to expand rare earth mining in particular according to an official. We know china has in recent years have a huge presence when it comes to rare earth mining, which is used from everything from cars to mobile phones. Officials say President Trump has moved to expand rare earth mining for the u. S. There is a political element where union votes will be key going into the election. We will get you more details as they get to us. Lets take a look at the thursday session with sophie kamaruddin. Miers we are watching across the region following tho
The chinext is lackluster here. Indonesia coming online. The futures are not going anywhere in singapore today. We are watching that dollars story once again. The dollar weaker here. We did see the pound falling after the bop made the clearest signal yet that it may be considering negative Interest Rates. 104. 81 for the dollaryen. Take a look at crude. You better not be challenging us. You are watching a bit of a bid for iron ore. Global coronavirus cases have no topped 30 million with more than 940,000 deaths. Reported the most cases since the lockdown in may. There were more than 10,000 new infections. The northeast of england is introducing tough new restrictions. The bank of england has given the clearest signal yet that it may consider cutting Interest Rates to below zero for the first time in its history. The policy is part will be a similar move shortly after. Here in the u. S. , the Federal Reserve has started the second round of wall street stress tests. Unprecedented restrai
With the reality of inperson classes amid the pandemic. A surprise cfo shakeup is sending one stock at the center of the coronavirus sinking and tesla and when it comes to electric vehicles. Evs. You are watching Worldwide Exchange here on cnbc good morning. Im dominic chu in for Brian Sullivan today stock market indicating modest moves. You have moves with the dow implied higher higher by 26 and by just about five points. This is after the s p 500 after multiple tries and record high since february from that march 23 bottom to yesterday marks the end of the shortest bear market in u. S. History at 148 days. A 35 drop for the s p and 55 rise to those record levels we are right now. The s p not alone. Continuing to outperform coming off its 34th record close of the year just yesterday. In bonds, the 10year currently sits moving a little bit around 6. 5 or 4. 1 as the fed prepares to meet the minutes from the policy position later today. Let us go worldwide. Geoff cutmore with us with th
In the last 10 days. The u. S. And china trade new barbs. Washington rejects chinas claim to the South China Sea. Top u. S. Senators are facing mainland sanctions. Haidi u. S. China sentiments dominating again with the grim overlay of rolling back restrictions around the world. This is how we are shaping up when it comes to u. S. Futures contracts, up by. 2 after what was a truly volatile session. We had the s p 500 touching levels prepandemic and we also have the nasdaq hitting a fresh record before finishing in the red and we spoke about tesla being a huge part of that tech eventual close lower. Nikkei futures up by. 2 percent. Sydney futures escalating in the red, point 8 lower, looking like a set up of. 5 lower, this as we are expecting an announcement today that the fed of New South Wales will ease back those restrictions when it comes to indoor gatherings at pubs after cases coming from the pubs. It is now over 20. New zealand trading modestly higher, about. 25 . Some significant