To be in talks with the u. S. Government to avoid a sale. Lets get started with the quick check of the markets. U. S. Futures coming offline. Down given the rally we saw in the regular session. There was really solid buying throughout the session. A big reversal from the selloff we saw yesterday. The s p 500 saw the best day since june. 500 sectors11 s p up led by tech. Higher. T was also the nasdaq gained. And headingalling toward the 37 per barrel level. This is after it saw the biggest jump since june. There has also been expectation that u. S. Crude stockpiles would extend their streak of declines. We are waiting for the brent open but we have seen it back above 40 per barrel. Of the oil ande gas names here in asia. Lets look at how asian markets are setting up for the day given that we had a rebound we saw in the u. S. Most stocks ending off the session highs. Just half ais percent higher. Sidney futures looking much more positive. We are also getting increasing nervousness when i
Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cash rate on hold as expected. Just keeping calm and carry on. You mentioned that november review of the Monetary Policy tool. A lot of questions that they will deploy are negative Interest Rates. This is what the market seems to be pricing in. You see that new zealand 10 year yield ever so slightly get into those record those for yields right now at 47 basis points. Lets check the markets to see what else we were expecting. A lot of central bank action. At these newg zealand assets right now. We a
Country, treating more than 1000 patients a day with liquid gold. Convalescent plasma, taken from those who survived the disease. Plasma contains antibodies for the coronavirus. Hope a good dose of antibodies will help the sick fight off covid the problem is that the demand outstrips the supply, and some donations have weak levels leaving the issue of this plea. If you have recovered you can save up to three lives by donating your plasma. A bay area Biotech Company may have a solution. We are excited about this. Meth a way to make a co has conty witht reon donors. Its a new class of drugs called recombinant hibernians. Dr. David johnson says without technology you can crank out millions of doses from just a few good survivors. We dont have to go back to the same donors over and over again. Taking dna from the plasma of a Covid Survivor and then using highend dna technologies cranks out a consistently potent antibody serum. That contains thousands of different antibodies. 12,500 antibod
Return to public life, as global past 251,000. In hong kong, they say they will relax restrictions soon. Bnp paribas is fullyear earnings take a pounding from the coronavirus pandemic. We will bring you our interview with the banks chief financial officer. Recovery mode. Goldman sachs and Morgan Stanley see signs of the World Economy is bottoming out. Could growth bounceback in the second half of the . We are just not half of the year . Where just under an hour away from cash trading in europe and the u. K. Lets take a look at where futures are after the pounding we took yesterday. Than 4 fell more yesterday before u. S. Stocks rose. We have european futures falling, asian stocks higher. Ftse futures up 1. 3 and dax futures up a little bit more than that. Take a look at u. S. Futures. We see gains there as well. S p 500 many contracts currently percent quarters of a and Dow Jones Futures up 0. 9 . These are todays top stories from the bloomberg terminal. An internal u. S. Government pr
Wonderful that we have made it to friday, dave. And global fund, including yes, we have. Developing tests and speeding and Steve Paulson has a great up vaccines against the coronavirus. Uc berkeley wants more forecast, which i think youll Public Comment on Building Student and low Income Housing like. Wait a tton. At peoples park. The new renderings were well, i can try to forecast it. Released, including the 16 Story Building that would be the tallest in the theres steve. Neighborhood. Activists have long wanted the no . All right. How about now . Steve will figure it out. Space to remain a sanctuary. The university hopes to begin got me now . Construction in late 2021 and youre there. There you are. There i am, okay. Up and over she goes. Thats what we are looking at open the building in 2024. Back to steve we go. Here with temperatures warming the blue skies are out there. Pretty rapidly under clear skies. Steve, how warm is it going to 60 already in santa rosa, 56 oakland, 50 in li