The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you thank you. Welcome to outside source. T the u. S transition has begun at the nextde pre is introducing his appointees in foreign affairs. It i a team that reflects americas back, ready to lead the world, notetat from it. We have to proceed in equal measures with hnfility and ence. Humility, because we cant solve all the worlds problems alone. Ros and the state of pennsylvania has formally certified joe biden as winner of the election. European countries are managing plans for covid19 for christmas. Ministers in the u. K. Have allowed families to cross borders to celebrat together. In france, president macron announced easing of the lockdown is weekend so shocked show so at shops and restaurants n reopen for the festive period. Welcome to those of you watching on pbs i america, and everyone else watching on bbc
An estimate of expansion. About 1. 3 . Switching out the boards and having a look at the other asset classes, which are in the mix at the moment. The u. S. Election, according to a survey, sending the dollar in opposite pumps. If donald trump wins, we could see a stronger dollar. If joe biden wins, the reverse. Also wests going on with the also was going on with the yen. Against the backdrop of a slightly better industrial read out of japan. Opposed to. 8 . Al, despite coming back, has 36 a barrel handle. Oil is set for its worst month since march. It is down to coronavirus demand fears hitting things. Bring livee want to pictures from vietnam, where mike pompeo is meeting with the vietnamese deputy Prime Minister hanoi. Counterpart in this is part of his tour in asia. Some have called it an empty china tour of asia. Thats happening right now. Both are expected to exchange ideas. Up relations with the two countries. Vietnam had been boosting its import of u. S. Products. Mike pompeo wr
In china. China rolls out its fiveyear plan, promising to build a tech powerhouse. Coming his party also wants greater sustainability. At the ecb says more stimulus is coming as eu governments proposed new virus lockdowns. It says bond buying and support wont seize until the covid wont cease until the covid crisis dies down. Shery quick check of the markets, u. S. Futures coming online under pressure, down 1 after disappointing markets in earnings. We managed to end the session higher by more than 1 , s p 500 gaining the most in two weeks. We had strong data to surge Third Quarter u. S. Economic growth and a decline in weekly jobless claims. That recovery in the u. S. , setting us up for a recovery in asia as well. Look at new zealand trading at the moment, ever so slightly higher, asx futures pointing to a gain of. 4 , reversing declines of 1. 6 we saw thursday. Nikkei futures pointing higher, a little weakness though in seoul. Top story, plenty of action after the bell in the u. S. W
Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en
Religion clearly as law bans. Guide book to go through the federalist. Trumps popularity in germany is limited a survey show most germans want him to lose next weeks president ial election but he does have some fans we talked. To. Good to have you with us today as corona virus cases spike of course Germany Council be holding a video say 16 regional leaders leaders to agree on a new ground mr hope the reasons have risen sharply in the recent record. Nearly 15000 pieces are you you can draw just. Curious is moving all the wrong in your usually lives hes troopers 3 weeks was asian or fly. Have risen. Above all and leisure using fewer people. Is. Back much time in berlin squats but district this is one of 10 busy streets in the german capital where people now have to wear a face mask germany has seen record numbers of corona virus cases has been particularly hard hit now all 12 districts here are considered hot spots pressure is growing here in germany the politicians to introduce new stri