Pope, but still no sign of donald trump conceding to joe biden. Also im natasha popular in paris 5 years after the movember 2015 attacks. There are still painful memories and deep divisions. Montana how much not have all the days sport, including number one in the dust. And johnson takes a share of the lead after the 2nd round of the mostest. Hello, welcome to the program out top story, the United Nations saying that its concerned war crimes might have been committed in ethiopias, northern ted gray region, a Government Forces are battling local leaders. Its when the fighting could spiral out of control leading to heavy casualties. The 10 day conflict has already killed hundreds of people and sent thousands more, fleeing across the border to sudan, the Prime Minister, the i am that has accused the take great Peoples Liberation front of treason and terrorism, and says the offensive wont end until they have removed Amnesty International has said schools of civilians have been massacred du
Commodities having a positive session the far. Astrazeneca stock is actually down today. The s p is up i 014 . It is a monday. We get vaccine news. Generally it is taken quite well. Cyclicals have a bigger day. That seems to be the narrative that is establishing itself. We do have a euro that has weakened. The manufacturing pmi data out of the united states, and i know the ism is more important in terms of what people look at, but nevertheless, the manufacturing data was strong, and as a result, the dollar went up. It does seem to be something of a consensus now that the u. S. Is simply a few weeks behind europe. You only have to look at what is happening with the eurozone data today to get a sense of how far pmis can fall. Highs,off our earlier off by 0. 2 percent. Boris johnson is currently talking about covid. We are also possibly making some progress when it comes to the brexit story. Certainly today, the big driver is definitely that news on astrazeneca. Alix Boris Johnson saying
Afternoon towards t close. That will be your best guide to what is happening. We are approaching the point in europe and we are up by 1. 73 . The pound is actually catching a little bit as well. Earlier on it was turning around a little bit. Now abide. 2 . Now up by. 2 . Normality has resumed. Yields are a little higher and prices a little lower as we start to maybe get a little bit of a better news when it comes to the story. We are watching what is coming out of the u. K. We are now getting news from astrazeneca saying the covid19 trials, the vaccine trial may resume next week. This has been reported by the financial times. Alix we are watching that as well. Blackrock,from marilyn watson. It has been quite a week for investors in any asset class. You had a tech selloff in the u. S. , rising cases in europe. Looking to the ecb on thursday. Our bond markets pricing in the correct things . Markets aret bond pricing in our the fact you have supportibly ands weolicy from the ecb and need
Seem first, welcome to the program, thank you for joining us. It does seem to be a bit of a monday. What does that 02 . Why does the investor looking to buy risk assets question mark james assets . James the fall to 2 is encouraging people to take extra risks, on the basis that they cannot find adequate return and fixed increase interest. So they are having return free risk rather than risk free return. Matt why does it make sense to buy u. S. Assets right now . If i look at the wei on my bloomberg to see the moves in equities, the big drops that we have seen in europe to date are astounding. 25 is the year to date drop. 8. 5 . P 500 is down it looks like investors will continue to bid up u. S. Assets, why . James if we look at prior periods where we have low real yield, we see higher valuations of good quality companies. In previous growth bubbles we have seen priceearnings move between 45 and 65 and adjusted 31 times. People would say isnt that really very low . Rates,s very low cash
Big league account for the plaintiffs can request compensation from the defendant on the Purchase Price of his Vehicle Community werent just helpmate but also the thousands of plaintiffs who have been waiting to bring their lawsuit was speeding conclusion. That you will approach the plaintiffs and often one off payments. On. This im for the it would have been easy for v. W. If they did make a lot from the outset and said we cheated. Getting caught but all this time youre proud of this outcome and that its possible in this country for a pensioner to win against the Worlds Largest kamikazee of it are. Also coming up tonight loosen up versus listen up germany is reducing its coronavirus restrictions to fast or but today of course we need to justify the easing of restrictions regularly we need to explain why some restrictions and maintained and others can be trucked. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with a new expense for the