By 7 . Will rise the trade balance is expected to be at 53. 75 billion in u. S. Figures. In november, in terms of export, it is showing the overall chinese economy with the recovery story. The dollar index is flat. Sterling is under pressure. Go at 1837 u. S. Dollars. Lets head to new york and get the first word news with Karina Mitchell. Numbers continue to rise with President Trump revealing Rudy Giuliani has tested positive. The news reported you has been hospital. He the Administration Says all of americans who want the vaccine should get one by the middle of next year. Several states have record infections. The u. K. Will roll out shots tuesday, while they going to partial lockdown. Iran will raise Oil Productions under the new administration. Joe biden wants to revive the Nuclear Accord dropped by President Trump. Tehran is ready to raise output within three months. Iraq is nudging production higher, while insisting it is committed to the latest strategy from opec and its allies.
Los angeles orders residents to stayathome. The clock ticks. France warns it could veto a trade deal between the u. K. And the eu if it doesnt like the terms. It comes as officials on both sides of the deal could be done in the next few days. Increased scrutiny. The house of representatives clears a china delisting bill, sending it to president trump. The measure could lead to companies being kicked off of the american exchanges. 6 00 in london. 7 00 in paris. 10 00 in downtime see iop. We have the lifeline of stimulus. Stimulus against the risk, the u. S. Deadliest day of hospitalizations so far. The reality of covid is trumped by stimulus. Good morning. Annmarie if i would have told you a few years ago that we would have the s p 500 hitting a fresh record high at the same u. S. Had its deadliest day with 2700 people dying due to covid. You would not believe me. This divergence between the market and the reality of covid is yet again playing out. Manus indeed. I take you back 24 hours
I have the pleasure today of moderating this conversation between two outstanding policymakers and scholars. And the us china relationship. And working in the Defense Department and mongolia and the commissioner congressionally mandated Security Review Commission and the author of a terrific new book which is called the china nightmare. And we will be talking about it with him and with retired Lieutenant General hr mcmaster. And a reputation and military service one of those adaptive mines in the American Military i am delighted to have both of them here with us today. I am sorry neglected to say hr is also the author of a new book called battleground. Thank you both for making time for china policy. Thank you very much thank you for your leadership at aei and mr. Mcmaster for joining us. And to have reshaped china policy last few years. I am very thankful as we all are for doing that. The china nightmare, what does my book mean by that . China certainly has grand ambitions and power b
We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the restore our vitality, or relish lifes most precious moments, hugging grandchildren, children, birthdays, weddings, graduations, all the moments that matter most to u