Monday, when we had 97 basis points. Some of the risk on currencies not necessarily reacting as they should, like the euro. We will break that down over the next couple of hours as the market digests the news and what it means Going Forward as cases pickup. Now we welcome our tv viewers andradio listeners, modernas ceo. The biggest question that it seems like people have is why does your vaccine require less cold storage then pfizer, key to distribution . Good morning, and thank you for having me. I think it goes back to the fact that we have been working on mrna vaccines for more than 10 years. That you mentioned, it is the first time they are doing an Infectious Disease vaccine. Over the years, we have invested heavily in science, and process develop and that allows us to have much better storage conditions than what we had five years ago. Guy this is really important because it is going to have a huge impact on distribution. How much of an effect will that stability at a higher temp
Areas. We have done an incredible job. But had a lot of outbreaks, they will put them out. The hospitalization rate has fallen in our country, 54 since the peak in april, 54 . Older americans are still the most vulnerable. 92 of deaths are among those 55 and older. Only 2. 7 of deaths have occurred among those 44 years think of that, 44 years and younger, so 44 years old and younger. We are hearing from president donald trump, speaking at the white house, notably saying the u. S. Will use a snapback mechanism for further u. S. Sanctions on iran, saint mike pompeo will notify the united saying mike pompeo will notify the united nations. Controversial, given this statement is being made by the Security Council rejecting washingtons attempt to extend the arms embargo against iran. That snapback mechanism is the contested argument around the 2015 nuclear deal, despite President Trump withdrawing the u. S. From that deal, and can therefore force the return to sanctions if it is seen as a vi
A survey. And the lebanese government overns amid public outcry last weeks explosion, threatening the debt restructuring deal. It has just gone 6 00 a. M. In london, 9 00 a. M. In dubai. A good day to you. Dipping into negative territory. On a more serious note, trump talking about the possibility of unilateral Capital Gains tax cuts is the equity story and ignores the beijing bustle or hustle. Reports from china against the u. S. , but i love this story because i remember the iraq war. The seven deadly unknowns that drive the dollar lower, and talking about complacency, we are complacently complacent at heart, too optimistic about the vaccine, too optimistic about the u. S. Good morning. How are you . Good morning, and i do think this is interesting. We saw the dollar higher, and i felt there were two different attitudes. Some said it was risk off because of the escalating tension and the u. S. Moves on chinese companies, but you could say, hang on, it is a risk on day, because of the
Happening with the vaccine story. Depending on which market you were looking at, one is winning out. Here in europe, the bulk of equity markets are writing higher today, and its been a good week. The ftse 100 being dragged lower by names like hsbc, which is certainly down quite sharply. That obviously relates back to what is happening in hong kong. A big impact there. You can ripple that out into what is happening as well within the commodity space. Copper trading down by over 2 . U. K. , data out of the some deficit data that is terrifying, but in some ways to be anticipated. Again, the market has largely priced that in. We are going into a long weekend. Do you want to carry risk over this weekend . The pound trading 1. 2177 on the cable rate. Vonnie hong kong chief executive carrie lam spoke a short time ago, addressing the unrest caused by chinas new National Security legislation. For more on what carrie lam is saying and what exactly is going on in china, lets get to our first gues
Crude posting its longest winning streak in a year. Opec cuts may be draining the blood. And top fed officials weigh in on negative rates, saying such a move is not on the agenda for the foreseeable future. Shery lets get to a quick check of the markets. We are seeing u. S. Futures holding steady, after we saw the s p 500 fall on rising u. S. China tensions that we saw in the regular session. The s p 500 fell eight tense of 1 . Technology and utility also leading the losses. We have heard from china responding to act as asians from President Trump warning that responding to comments from President Trump warning that nasdaq sides biggest composite fall in more than a week. We also have some abysmal Economic Data. Millions of americans claiming jobless benefits. We are seeing wti under pressure, but still above the 33 a barrel level. This after sessions of gains. We are talking about the longest winning streak in more than a year. Haidi and really that crude story may be a bright spot as