About covert 19 vaccines. Fears for reading the refugees who are being moved to an island that aid groups say is dangerous. And people in indian administered kashmir accuse soldiers of widescale abuse which the army turn on is. A National Sport as a bron james signs an 85000000. 00 deal with the l. A. Lakers and finally one driver raymond version or a chance in the bahrain sakit scene of his horrifying crash just 4 days ago. But we begin with the corona virus pandemic now in a new phase with countries racing to approve vaccines but in some parts of the world the picture as you can see is getting worse with cases on the rise as winter approaches and since the start of the pandemic there. The more than 64000000 confirmed cases coming quite close to 65000000 there and nearly one and a half 1000000 people have died from the fire as well the United Nations is currently holding a special session of the General Assembly on covert 19 in his Opening Statements the secretary general antonio caet
Prices decline. The asx down nearly 1 . We dont have trading in india either because it is mahatma publics birthday, a holiday. Futures are trading on the nifty in singapore down zero point 3 . The 10 year yield slipping back as anticipated. A slight move to the downside with regard to the futures contracts. You see the currencies and weakness creeping in into the dollar overnight. We have seen a reversal of that this morning. You have the yen a tad weaker. Sterling had rebounded to 1. 29. Seenis after we have brexitinduced losses. The aussie dollar unchanged. Haslinda lets get the first word headlines. Top white house aide hope hicks has tested positive for covid19. She traveled with President Trump on air force one to tuesdays debate in cleveland. The president says there is no indication he contracted the virus. Tested positive, National Security advisor robert obrien. He has spent as much time with the president as hicks has. Coronavirus infections continue to surge with the new yo
Intraday high. Its remarkable to look at that but its al important to think about where we could go from here my director of research took a look at the median time when you print a closing high until the nec time its actually on average about 90 days. Were 126 days out from that date that you mentioned. Every time the stay at home stocks look like they will roll over, somebody comes in and buys them look at zoom that looked like it was in trouble. Teledoc had this really nice comeback then you think about docusign, peleton. All of them when they looked shaky have came back those stocks have been fairly important. Take a look at Home Builders you cannot find a name in this index that doesnt look incredible on a technical basis right now. The industrials are trading sideways after digesting a huge move to the upside materials are hanging in there they are at record highs they are not going anywhere. I think when you consider the balance of all the Different Things that look good right n
Record levels were hearing 47 Million People could lose their jobs, 32 unemployment stocks will soon collapse under their own weight according to morgan stanley, we could be looking at a 25 contraction in our Gross Domestic Product my money manager friends were all glued to their machines sunday why, of course, like every sunday night they expected the futures to be down the limit so how the heck could the market rally today . I mean, dow gaining 691 points, s p climbing 3. 35 nasdaq pulling 3. 62 simple because American Science is at last in play science that may allow us to not only contain this virus, but actually one day beat the darn thing. Look, i in no means want to disparage the extraordinary efforts to get the pandemic under control. Its absolutely essential. Thats why ive been calling for national lockdown, as much as it rankles some we have people gallavanting around like nothing is wrong new york city is a travesty. The new york mayor waited too long and were paying for it
Industrial high quality. Right now an enormous amount of precious type years potential innovations. Untapped potential we have to unleash zoot suit you better pay for industry to the tough stuff you know. We. Also coming up tonight us justice pardon me and him and him and him yesterday they were disgraced public figures behind bars today theyre free and the newest foot soldiers declaring war on the system that put them behind bars a moot point is that right from the Justice System that too often the persecution presents people. Over sentence people show rumors and. Who are in positions that have no accountability you can do it in 3 little. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the european high tech challenge how to be a referee and a star player at the same time today the European Union outlined its plans to boost its Digital Economy what does that mean making europe less reliant on the tech giants which are almost all u