President tells bloomberg positive news on the vaccine isnt a major game changer for its forecaster. She says the focus remains on stopping the economic slump from worsening. Judy sheldons nomination to the fed board is blocked. Set tome as the sec is move ahead for plans that could delist chinese companies. A warm welcome to the show. Welcome back. I hope you had a good rest become because you come back to many warning signs. From the equity markets, sell the top. Markets, the dean of debt a little to get suspect on distressed debt markets. Marie. Orning, ann annmarie good morning. When this level of optimism is high, there is usually more room for disappointment and that seems to be what we are seeing. I said facing reality. You had a good term of categorizing that reality and for me, Christine Lagarde saying the vaccine is not a game changer because it is not going to change in terms of the economic fallout we are seeing. If we take a look at where we trade this morning in the monda
Astrazeneca is to resume vaccine trials amid questions about initial claims and the level protection with Global Buyers numbers on the up. But thanksgiving travelers defy warnings to stay at home. New data shows china is likely to miss targets this year. Imports were slow last month after septembers high, leaving the full year targets out of reach. We are seeing australian stocks starting off on the back after snapping three days of gains yesterday, just falling short of being able to erase those 2020 losses. But we are still on track for the best monthly gain on record, about 13 on november. Further positive news for the country when it comes to 28 consecutive days of no coronavirus cases from victoria. Looking at u. S. Futures right now, initial jab, if you will, cash markets were shot overnight. Not a lot of price action. Down about six points on your s p futures. Dollaryen, 104. 24. Limits to the upside. New york crude below 45. We will talk about opecplus later on. The outlook for
Interview for global wall street. I believe david folkertslandau is scheduled with us, from deutsche bank. The sun has not risen on the east coast yet. When it does, we will start to see the trickling in of the final 5 of voting in some states, and in some there is still a very large gap involving tens of thousands and hundreds of thousands of votes. What am i focused on . I guess i have to be focused on nevada. I may be wrong on that, but that is the one state on focused on right now, francine. Francine what im focused on is the legal challenges. I think it is pretty much being dismissed by the markets, and a lot of legal experts are also saying there is not a path forward for the president to challenge the voting. My want to see how that pans out and if there is a bigger impact. Lets get to first word news with ritika gupta. Just oneoe biden is battleground state away from becoming the next president of the united states. Biden already won two key prizes in the midwest, the states of
A crowd of hundreds at the white House Democratic president ial candidate joe biden has accused the trumpet ministration of neglect over its handling of the pandemic bidens been campaigning in pennsylvania and laying out his plans for the economy he says hell create millions of jobs and fund the recovery through new taxes on the rich more than 7000000 people in india are now confirmed to have caught the coronavirus the Health Ministry says or than 74000 people have tested positive in the past 24 hours doctors are warning recent gains in containing the virus have been undermined by social distancing fatigue. Production is restarting at the share our oil field in libya Libyas National Oil Corporation says its lifted an order that prevented the fields from operating almost all libyan oil exports was stopped in january by wald after us forces based in the east shot are is the areas Largest Oil Field and has been closed for most of the year polls have opened in tajikistan sprezzatura electi
Destroyed. You can take a look over here and see whats left of a pickup truck. What appears to be an archway and the rest of the home reduced to a pile of rubble. Spot fires that broke out in santa rosa sparked by the larger glass fire led to mandatory Evacuation Orders. Thats when i saw a orange ball of flames. Right down the street. They destroyed homes in the eastern part of the city. Some reduced to rubble. Others were unscathed. Despite the destruction, santa rosas assistant fire marshal tells me improvements made to the Emergency Alert system since the devastating fires of 2017 saved homes and potentially lives. That allowed us to move into where the fire was impacting the city. And able to protect structures without being tampered by people trying to leave. For this man, this is the third time in three years he has been forced to evacuate because of a fire. It doesnt get any easier. You think youve got everything and you dont. You never know if youre going to come back to your h