The russell 2000, another alltime high, up 2. 1 . The s p 500 up a solid 1. 5 . Important is the cyclical reopening rotation we had happening in recent weeks, often it comes at the cost of tech but that is not happen today. The nasdaq 100 is up 1 . This is a bully lock cyclical rotation on the expectation of normalizing economy this is a goldilocks cyclical rotation on the expectation of normalizing economy. I know we have been talking about whether or not it will last. If we take a look at the sectors on the month, it does suggest the cyclical rotation is on the way. Take a look at energy, up 30 . Heading toward its best monthly performance ever. That is the foam oh buying we have around that is the fomo buying we have around energy, but also financials. We have stocks off to the races. Taylor is interesting as we talk about the reflation trade in the outlook for politics. We are looking at bond yields up three basis points on the 10 year, five basis points on the 30 year that goes in
The postelection risk rally faltering. Of good morning, everybody. 7 00 in london. Eight in paris or berlin. Lets have a look at the equity markets. Look like europe this. Negative. This is indicative of what we have seen on u. S. Futures or are seeing. U. S. Futures down 0. 5 . Nasdaq futures off their lows but still pretty negative. We are losing our nerve on Global Equity markets. Three days into this neverending election account it seems, the context of course is important. The rally we have seen must have been forgotten when we look at nasdaq futures, up nine, down one. Lets have a look at the gmm. Going on other things here. Oil prices are interesting, down by just over 2 . Dollar, not all about what is going on the dollar. Inflation trade unwinding. Investors wait, the electorate in the United States waits for the counting to continue. The race for the white house is still too close to call. Counting continues in crucial swing states with joe biden catching up in georgia and pen
Failed azerbaijan and armenia accuse each other of killing civilians and attacking its. Hurricane slams into the u. S. State of louisiana the 5th major storm to hit that region this year. And back in the hot seat the heads of Facebook Google and twitter face tough questions from politicians about how they monitor content on their platforms. Day hell didnt even put you in charge of what immediately allowed to record and what the American People to hear. A part of europe are facing a new round of shutdowns as the continent struggles to stop a 2nd wave of private 19 france will go into its 2nd nationwide knocked out on friday in announcing the wave president warns the surge could be more deadly than the fast and hospitals could soon be overwhelmed natascha buffet begins our coverage. In a sort of a t. V. Address french president emanuel. New lockdown was necessary because frances Health Situation had deteriorated rapidly. Want to play this even more departed because of what we learned in
Politicians about how they monitor content on their platforms. We take a look at how cinemas in south korea are using technology to adapt to the new reality of private 19. Now parts of europe are facing a new round of shutdowns as the continent struggles are to stop a 2nd wave of curve at 19 france will go into its 2nd nationwide lockdown on friday and announcing that rove president warns that this could be even more deadly than the fast and hospitals could soon be overwhelmed natascha back to reports from paris. In a sort of a t. V. Address french president emanuel. New lockdown was necessary because frances Health Situation had deteriorated rapidly. Departed because of what we learned in spring lockdown will be adapted schools will stay open and work can continue visits will be permitted to Retirement Homes but as in the spring you can only leave home to work for a medical visit to help someone for essential shopping or exercise in the home of. The number of new clothes that caseys i
Magazine charlie. And a tense wait for results in tanzania after an election mobbed by violence and accusations of fall. Thank you for joining us we begin with the coronavirus pandemic and germany is imposing a partial lockdown from next monday to try and stop the record rise in cold in 1000 infections chancellor Angela Merkel says its needed to avoid a National Health emergency germany recorded nearly 15000 new cases on wednesday evacuees following developments from london and has more on germanys. In the local service she was responding to a very serious situation indeed she said that the doubling time for the virus house got shorter and the numbers in intensive care were doubling every 10 days she said shes been Holding Meetings with the leaders of germany 16 different federal governments have largely been able to set their own coronavirus rules but what shes looking for is a nationwide concerted effort to bring these spiraling figures under control so for november the 2nd all bars