President trump dismisses talk of an extension. The markets are opening right now. U. S. Futures coming in slightly higher at the open. This, of course, after the regular session felt pressure. Stocks falling for the fourth time in five days. Had the stimulus package being blocked in congress. Both sides are far apart when it comes to more stimulus measures. Leading the decline. Volatility much higher. The dollar also strengthening. Weakness in the pound. The pound picking up more than 11 , although we did see the u. K. Refusing to withdraw legislation to tear up the brexit treaty. Look at what oil is doing at the moment. Oppression, 37 a barrel under pressure, 37 a barrel. Lets see how things are shaping up for the asian markets. Futures are mixed, but we could be looking at a down day this friday in asia. Back to back weekly declines. Australia, we are watching commodity stocks. Chinas plan to boost the reserves of oil and strategic reserves. Over in japan, we are keeping an eye on n
Amazon billion offer to goes from rivals to partners as jeff bezos is willing to take a 40 stake in his indian retail revolution. At thelets take a look set up for the session of trading in asia. We saw that resumption of the loss in the u. S. How are we setting up in this part of the world . Sophie a pickup in volatility once again. In asia, futures are mixed, but we are seeing s p eminis. Chicago adding. 3 . The yen is stuck in the range with brexit risk also a consideration. We are watching tiktok reaction to trumps extension of that tiktok watching reaction to trumps extension of that tiktok sale. Jupiter Asset Management is cutting its exposure to debt of Chinese State linked borrowers so that is something to consider as well. Ahead of the u. S. Election, you are seeing one vol bets can yuan vol bets. Keeping an eye on korean bonds with potentially 6. 3 billion of supply coming through. The government may submit its proposal to parliament this friday. The global rush of Corporate
It supports a political settlement in libya a day after president sisi threatened to military action against the u. N. Recognized government. Bought into the program the World Health Organization has reported a record increase in global coronavirus cases with more than 180000 new infections on sunday while some countries around the world are now winding down their fight against the pandemic so many the scale of their battle continues to grow latin america has recorded more than 2000000 confirmed cases with more than half of those in brazil protesters marched against president as a response to the pandemic as deaths cross 50000. 00 in europe the rate of infection in germany has jumped sharply due partly due to the relaxing of restrictions the. Country has recorded its single largest outbreak in a slaughterhouse with more than 1300 workers testing positive meanwhile spain is reopening its borders to the rest of europe theyre hoping an influx of visitors can study the struggling Tourism I
Yesterdays stomach churning day during which the dow saw its fourth biggest point drop in history. 1,861 points. Equity losses of 2 trillion dollars just shaved right off. One of the triggers from yesterday is the same one thats pulling the oxygen out of todays rally. Worries about a longer recovery and a second wave of the coronavirus pandemic rearing its ugly head. One of the most widely followed economists on the street, in this final hour, what he sees as the biggest obstacle to a more persistent and longer stretched market and economic rebound. Plus, College Football taking baby steps the put the pandemic behind it as players get the green light to begin workouts this coming monday. So could we really see oregon and cal and ucla and yes usc football in the fall . The commissioner of the pac 12 is here in a fox business exclusive. Yes, i will ask, will there be fans . Plus poking fun at the brand new playstation 5 . Portfolio margin protectors and charlie breaks it on the players l
I am jane harman president and ceo of the Wilson Center. It is the best job on the planet because i get to talk geniuses every single day. One of them is not my script but im going to call her out and shes going to hide somewhere is meg king. Some of you may not know meg but she runs her Science Technology and Innovation Program and is responsible for the schools we have on fridays to teach capitol hill staff about cyber and Artificial Intelligence and todays genius, that would be ben buchanan, is there go to guy when we teach them both schools and hes been trying to teach me for while. I think ive been the repeater of all time at some of those schools. Im kind of getting it that i havent analog rain and i thank him for his patients. Ben is a global fellow and he will discuss his latest book right now called sub the hacker and the state. Spoiler alert hackers to change the world. How . Been maxis Cyber Operations are an fellow glee part of International Relations in the gap between Uni