The concern about the stronger currency, not to worry just yet. We saw that euro jump. Ist weakness on brexit sparking a rebound in the dollar. Your offshore renminbi, we are set to break six weeks of gains. 683 right now. That is below 40 right now. We have copper also and gold on the back foot. Oil prices on track for the biggest twoweek drop since what we saw back in april. Lets get to the first word news, we have Karina Mitchell. Senate democrats have shut down a relief plan proposed by republicans. They failed to get the 60 votes they needed. Estimatedican plan is at anywhere between 500 and 700 billion dollars. The democrats are proposing to. 2 trillion. 2. 2 trillion. Boris johnsons government refused to scrap plans to reignite the divorce accord. The eu is threatening legal action if the u. K. Does not drop the legislation within three weeks. Thes president has painted an optimistic picture. Economic data suggests a strong rebound. They kept policy on hold for Economic Contract
About financial repression. This has been widely predicted by a lot of people, deals have to be made. Revenue isnt there, so youve got to go out and buy it. You got to get better. Bigger. Athave not confirmed it here bloomberg, bob but that is a story tom nine tom whats john, lisa and i do is we go to bloomberg experts on this. John farrell, jonathan tice said exactly the same thing. Yeah right, but there are all sorts of reasons why that combination could be the giant bank of the continent of europe. Ritika a lot Jonathan Jonathan a lot to get through including lisa getting excited about tiktok. [laughter] we know lisa does tiktok often with the kids. Youve got a decent excuse. Lisa it is a verb. Do you tiktok or not tiktok . Politics front and center today. Including tiktok and oracle being the likely bidder. We now are talking about brexit. Boris johnson putting his controversial brexit vote to a vote. We will hear about whether or not he will get immunity if you go against the agre
We will be live in zurich assessing the credibility of that news. This story has been knocking around for quite some time. At some point hopefully it does go somewhere. Lets talk about where we are with markets. Markets getting attraction on the others of the pond. In europe we are barely making any ground. The british pound has been battered over the past few days. Maybe a pause before we see the fireworks return from the brexit debate. We also have the bank of england on thursday. There was a significant downgraded by moodys of turkey late last week on friday. The payments crisis is what the Payments Company is talking Credit Company is talking about and we are continuing to see stress in the system surrounding turkey. The lira fairly flat. More, kaylee, about the u. K. More insight on the debate over Boris Johnsons plan to rewrite the brexit debord divorce deal. As the market appropriately pricing and or does it need to reprice in the near future the risk of a no deal brexit . Bhanu
Are buying oracle, modest selling, investors are buying oracle, modest selling and microsoft, i got that right. They are buying nvidia which is paying 40 billion to softbank for the arm holding, heres what we know it helps nvidia become a major player in advanced computing from the cloud and nvidia ceo the stock is up 31 a share, as per the election campaign, the contrast, the president took his message directly to Live Audience in western states and invited up a crowd in nevada, joe biden stayed home. After the ambush of two Police Officers in l. A. Biden issued a tweet condemning violence, trump called for the Death Penalty football, tom brady lost but football is back and despite the absence of crowd, the gate on time played well on tvp fight shots of the game piped in crowd noise, it worked for me, social justice activism was hardly apparent during the game itself but Colin Kaepernick did have something to say. You will find out what he had to say. We have a new shopping holiday, t
Earning in the state four years ago. During a Campaign Rally tonight President Trump is expected to talk about his continued efforts to restore american manufacturing. The president will call out joe bidens halfcentury of shipping american jobs overseas and his recent flipflop of fracking. President trumps economic message remains a strong point with pennsylvania voters for that matter with voters across the country. Pennsylvania voters overwhelmingly say President Trump will handle the economy better than china joe. A quinnipiac poll shows the president up six points on the issue in the keystone states. Id campaign is desperately trying to respond to those surging numbers of President Trump. Bidens handlers today told him and his basement in dollar two a trip to kenosha wisconsin. The Trump Campaign criticized biden strip noting the president brought with him two days ago federal help for the victims of recent violent riots in kenosha and millions of dollars in assistance for Small Bu