And fighting on all fronts. The tory rebellion over Boris Johnsons coronavirus powers Gains Momentum as brexit talks enter a crucial week. 6 00 a. M. In london. Annmarie hordern is out for the day. A solo show. Morphing tol risks the center of the barbell. Inmorgan warned very clearly terms of where we are. We are moving toward a point where correction is overdone. Moves from the tail into the middle. It is the size of the risk you have to measure. Lets take a look at what jp morgan has to say. Three quarters of the way done. We have moved straight to the markets. Lets have a little bit of a look. Csi 300 industrial profits up in china. That has bolstered the equity story. Standard chartered shows a moderating in the growth story in china. An eighth of 1 . The s p 500 up 0. 4 . Lets roll it across and have a look at other products on the move. Oil is moving. Its going to be a long road to recovery. The commodities story is reflective of the dollar story, but also this morning in terms
End. Reversing what we saw last week, 128 handle on the cable rate. We saw bank of england pushback earlier. Eurodollar, we are trying to get a 116 handle. 11645. The virus is setting the tone for growth in europe. Global covid19 cases are topping 33 million. We are nearing one million in death. Angela merkel warning germany could face more than 19,000 cases by christmas. The u. K. Health minister refused to allow more restrictions despite lawmakers pushing back against government curbs. Joining us from brussels maria, what have we learned about restrictions from different governments . We havent really seen anything new except for what was already announced last week. It has deftly changed in terms of perv Public Perception and tone. Story making headlines across europe is that warning from Angela Merkel that she is concerned about the virus. She is concerned about the number of cases we could see heading into winter and flu season. You have that number narrow there at 90,000 perhaps
The u. S. And china clash again, this time at the virtual u. N. Meeting. U. S. Futures are flat the moment. This after another volatile session. We had stocks rising. One mega cap rebounding. The s p 500 recovering from an early dip prompted by some comments coming from jay powell. Mnuchin spokery in congress today. The dollar touched a one month high. Look at what oil is doing at the moment. Wti is below 40. We are also looking ahead to the asian section. We are suspecting policy changes to come in the november Monetary Policy statement. Large parts of the market expecting the negative rate to take place in the First Quarter of next year. It looks like a modest start to the trading day. Cindy futures are looking positive. Watching the aussie and kiwi dollars. We saw the u. S. Dollar strengthening to the highest in five weeks in the overnight session. Repeating that the u. S. Economy needs more support and has a long road to travel before it will fully recover from the coronavirus fall
We have. A look at everything. And were here to support the Climate Action because we really feel that teachers on the life. Of me the future generations will be facing the right if the oldest be there slave you have good reason why hes against it if you dont want it. Done quite right. That the congress at one time. Also on the day of the race to create the 1st corona virus vaccine but its the search for a cure the only motivation. Is part of russias Strategic Interests to always want to be 1st irrespective of whether its a revolution or the 1st flight into space now its about saying that were the 1st to develop a vaccine. Welcome to the day world fridays for future climate protests back for the 1st time since the pandemic back in march the rallies calling for urgent Government Action on Climate Policy went on live by the pandemic began today more than 3000. 00 climate strike events took place all over the world. Bad weather and social distancing rules couldnt keep them away the friday
The belorussian leader to quit 100000 protesters marched through the compliments. The u. S. Democratic president ial nominee joe biden has called plans by donald trump to rush through a vote for a new Supreme Court judge an exercise in raw political power trumper said he will announce a nominee to replace the late Ruth Bader Ginsburg as early as next week but biden wants republicans to delay a confirmation vote until after the president ial election official reports from washington d. C. The Supreme Court has suddenly become the dominant election issue in the United States donald trump says hes going to move forward with filling a b. Can see this week democratic challenger joe biden says with early voting already under way that simply wrong the people of this nation are choosing their future right now as they vote to jam this nomination through the senate is just an exercise in the wrong political power. No i dont believe the people of this nation will stand for. President trump told a