Im going for the most unwelcome we begin with a pandemic in Europe European Union countries half agreed to a common strategy for restricting travel from coronavirus hotspots e. U. Ministers meeting in luxembourg want of traffic light system showing regions as green orange or red depending on the number of coronavirus cases ministers hope to avoid the kind of confusion that disrupted travel across the e. U. At the height of the initial outbreak earlier this year. Early brussels correspondent bob but ive easily explained in more detail how those traffic lights system is expected to work countries are not trying is. The same data used the same criteria to determine whether you can travel from point a. To point b. For instance germany has a travel warning against belgium where i am at the moment but france does not have a travel warning against or for belgium so why is that because they sort of set the point where the think a country is dangerous at Different Levels now that is supposed to
It is the big heavy weights adding weight to the downside. We are seeing apple down, alphabet down. 1. 44 ,xx 600 down by less heavy on tech. Yesterday higher. The cable rate also under pressure. Pressure on Boris Johnson right now as he prepares walk away potentially from an international treaty. The other thing worth bearing in mind is the financials are under pressure. We put the german 30 year in there. The curve flattening quite significantly today, and that is having an impact into those financials. Alix yes indeed. Also, watch aerospace. Boeing is apparently slowing streamliner deliveries to inspect a new factory flaw. That stock off by about 5 . If investors are positive on europe, it tends to lead with the European Recovery Fund and germany lifting the debt break. Germany has said it needs to take on significant in 2021, according to finance minister olaf scholz. He sat down with Francine Lacqua for an exclusive conversation. Olaf we will find a solution, and anyone knows that
Yields have been falling all year. The 10year gilts down five basis point the 10 year yield down five basis points. That tells us bonds are falling. The overall context has a risk off tone. When we bring the again into the picture, the yen is down. We have mixed messages. It will be right down to the wire. Weve been talking about the range for the s p 500. The level a lot of traders are looking at, 2775. That was breached. Both are holding right now. Lets see what the day brings. Vonnie when you talk about david when you talk about beatendown sectors, you have to talk about energy. Energy is getting a break. Abigail that caught my eye. Right now we have two sectors higher, the banks and energy. Energy is the worst sector on the year and a huge bear market. The worst year ever on record, but getting a little bit of a bid. Some are saying the reason we have a bounce overall was an unconfirmed rumor President Trump is open to the idea of a fourth stimulus bill around the coronavirus. That
In spain, concern is growing the Health Care System will not be able to cope. And in italy, the epicenter of the pandemic, a near total lockdown is not slowing the spread of the virus. Brent im brent goff, to our viewers in the u. S. And around the world, welcome. The week is ending with more and more shutdowns around the globe. The British Government has announced it is ordering all pubs, restaurants and gymnasiums to close, in an effort to fight the coronavirus outbreak. Prime industry Boris Johnson says venues should close as soon as possible and not reopen until further notice. He says it is essential to slowing the spread of the virus. The closures include nightclubs, cinemas, theaters, effectively pulling the plug on public life in the u. K. For the foreseeable future. Lets listen to what Prime Minister Boris Johnson said today. We need to push down further on that curve of transmission between us. So following an agreement between all the formation of formationsns of the unitede
Substory at least 4 people have been killed and at least 20 were injured in israeli airstrikes on gaza funerals have been held for Palestinian Islamic jihad commander and his wife killed in a targeted israeli airstrike on their home in gaza overnight israeli airstrikes have also hit apartment buildings and a hamas facility in gaza syria says israel fired missiles towards damascus targeting another commander of Islamic Jihad its unclear what happened to him but his son and granddaughter work killed fighters in gaza have retaliated firing more than 50 rockets into israel one exploded on a busy highway narrowly missing cars and buses a factory instead ops was also hit setting it on fire in a moment well go live to her before. That on the israel gaza border but 1st here we have all the days developments with mohamed el. In the sky above israeli cities israels Defense System attempted to intercept palestinian rockets. And damage on the ground can be seen there is a state of eilat some schoo