Joe lynskey, bbc news. ThIs programme contInues on bbc one. A genocIde and a declaratIon of war. So says hezbollah S Leader of the ExplodIng Pagers In lebanon. As Israel strIkes tonIght, Is It over for Peace Talks . And Im In control, says the PrIme MInIster durIng a messy week of DownIng Street feuds, leaks and expense rows. Is he . Good evenIng. Welcome to newsnIght for the best of late NIght Talk and takes. TonIght. ExplodIng pagers and walkIe talkIes In lebanon and a row over freebIes for the PrIme MInIster at home. Our Panel SIt on two sIdes of uk polItIcs. Labour grandee HarrIet Harman whos makIng headlInes wIth her advIce for her own party leader, and Robert Halfon one of the conservatIves who gave RIshI Sunak a headache when he saId hed quIt. Thank you both are comIng. We wIll also see NIck Watt shortly. Lets start abroad. The explosIons In Hand Held DevIces have been called an Act Of War by hezbollah s Leader SheIkh Hassan Nasrallah speakIng on tv. Over two days more than 30 w
Fromsion off of the news pfizer. Lets just frame where this market is. Ill let lisa worry about bonds. I am looking for an entry point, and i dont have one coming with s p futures out to record highs, up 120. Jonathan lets get straight to the price action of this moment. Equity futures are absolutely surging, up by 3. 3 . It is a huge turnaround. On the 30 year we go about to 88 basis points. A bit of dollar weakness back through this market, just south of 1. 19. A vaccine possibly helping us normalize this global economy. What does that mean . Bti with a 40 handle. Lisa it looks like pfizer will get some of the safety data necessary to see whether they can get some of the emergency approval to roll this out. This is what everyone has been waiting for. I simply, what is the Circuit Breaker to the surge in covid cases we have seen . Could this be yet . The market is saying yes, and the chances of higher growth, very high according to the market trade this morning. We can bring in sams n
Tom good morning, everyone. Bloomberg surveillance. And keep her being with us on Bloomberg Radio and bloomberg television. Thisan important our is an important hour. Will join us later, carmen and Vincent Reinhart. Morning,at we see this the only thing that matters. Dollar out to new weakness. Jonathan dxy taking out the lows of early september. That is the dollar index, heavily weighted towards this goal currency. The eurodollar nicely through 1. 19. Another monday with a cyclical tilt. Small caps outperform big tech, largely off of some positive vaccine news. Haddownside surprises weve in the Economic Data over the last week, we need to Pay Attention to that. Im excited to hear what david has to say about that. Tom lets frame that right now. I look at the 55year forwards. The answer is ive got disinflation in the united kingdom, a little bit of a rolling over of disinflation trend in the united states, and is some noland right now. Kind of the wrong upside surprise. That is the labo
14 days to the election. It is a tuesday october. Obviously. Lettingpreme Court Pennsylvania go after that election to count ballots. Weve got lots of politics to talk about, and extort an area markets after the drop yesterday that we saw. How much do you think link yesterdays 700 point down drop to stimulus . Jonathan not me, but i think other people might make that link. I think if you want to make that inconsistency an because treasury yields climbed. If you think all of this stimulus was going to drive yields higher, then stimulus talks pulling apart would mean lower yields, higher yields. I think the temptation is to take every single piece of price action and draw a line back down to d. C. From wall street. Israelcretary mnuchin in for the important siding of the united arab emirates, israel, and United States of america. He will have a call with pelosi. Pelosi is going to be briefed by westin later on bloomberg. Lisa i am trying to understand Mitch Mcconnells role in all of this
Im very excited to tell my daughter all about it. For those of you who have not followed, through the artimus, the American Government will send astronauts to the service of the moon, another man and woman to the moon, which is very exciting. Conduct new science, prepare for future trips to mars. Today only 12 humans have walked on the moon. That was half a century ago. The artimus provides the opportunity to add numbers to that, of course. Lunar exploration has brought the most recently detailed in fy21 omnibus spending bill, and certainly we support this effort and endeavor. Why dont we go to you first, darlene. Reporter thank you. Can you update us on the president s thinking on forgiving Student Loan Debt . There are groups who are pushing for the president to forgive all Student Loan Debt. Where does he stand on all that . Sure. The president has and continues to support cancelling 10,000 of federal Student Loan Debt per person as a response to the covid crisis. Hes calling on con