Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Moon. I put my feet up like that because i do want to know that there were some comments in our orange pill espanol group read max scene, maybe s. And l. Set is max without socks on the sets. And i could tell he for sure, i see bare feet here. Thats another on substantiated conspiracy theory. Of course i would be wearing socks. You need socks to get to the moon. You need to wear moon boots for sure. Yeah. Moon bits are a requirement. And a lot of other stuff is needed as the whole story unfolds. I cant believe what citibank to say, because citibank has become actually even more aggressive on the price than john mcafee. And john mcafee was always like crazy beyond the pale price predictions. And now citibank has kind of taken, they the price prediction crown, but i think that were going to have more banks are going to be competing with each other to come up with higher and higher price predictions. But none of them are going to be capture the ultimate bull market number because remember
Worn surging numbers may undermine a Global Recovery. Plus, we discussed prospects for the u. S. And the wider picture with the atlanta fed president , who joins us this hour. Haidi lets look at the sydney staggered open, the friday session muted compared to the street we have had in asian stocks, asiapacific stocks seeing 13 consecutive days of gains broken by the thursday session, the longest winning streak since 1988 coming to an end. A flat stock a flat start in sydney, kiwi stocks up, muted start in japan spite heavy inflows of foreign buying. We are seeing a further downside when it comes to trading in the futures session. Getting secretary mnuchin speaking at the moment. He is speaking in an interview with Bloomberg News, saying financial conditions are quite strong, that companies that are need grants,covid not that. We heard secretary mnuchin earlier asking the fed to return unused coronavirus money. We will get you more as we get those comments. This is coming at a time when
A new interim president its 3rd head of state in just a week. Francisco sagacity will leave the country until a president ial election next year. There have been mass protests across the country since the impeachment, a popular former president. My team to scatter Central America is reeling after being battered by a hurricane. For the 2nd time in less than 2 weeks. Some 40000 people in nicaragua have been evacuated into shelters. Iowa made landfall in the northeast of the country with winds of more than 260 kilometers per hour. Iowa comes shortly after the region was hit by hurricane ekta. This is d. W. News from berlin. Follow us on twitter and instagram at news, or visit our website, w dot com for more on the all, the corona virus is spreading like never before in the u. S. , and here in europe hospitalizations in france and america, patients with coke at 19 are at a record high despite Promising Bank seems the short term future looks grim and unless radical steps are taken. Now, tod