Stocks into value encyclicals keep up . Havens are bringing back some ground. The Federal Reserve warns there could be major downside for asset prices if the Economic Impacts of the virus is not mitigated. Will a vaccine or stimulus come soon enough . Welcome to the program, happy tuesday. Picking news from the u. K. , jobs data giving us a picture of the damage done or avoided on the u. K. Economy. The unemployment rate, a three month figure, we get an ,nemployment rate of 4. 8 exactly what was anticipated. It was on the rise. Very cushioned by the furlough scheme over the summer, and the end of september. Where we are on the jobless claims number, we have i go to this because we do not have survey data but it is interesting because it is october data, a little more impactful. The jobless claims change down by 29,800. , that looks lower than the prior period. Some of the data seems an improvement on the previous period. I go to that redhead line on the u. K. Unemployment story. 164,00
Heavily political negotiation we said we cannot tell what is going to happen. The market seems to believe there will be some kind of stimulus, the dow up this morning up 150 and nasdaq of 171. Plenty of green on expectation of a stimulus deal. As for the white house, doctor sean conley says the president has responded extremely well to treatment. And expects him to return to public engagement, mr. Trump is going to do just that, hes going to florida for a rally tomorrow. Speaker pelosi questioning the president s fitness for office, she intends to bring up the 25th amendment to the constitution which is about the presidencapacity to function. On the one hand they negotiating training in dollar stimulus plan and on the other the speaker questions mr. Trumps ability to run the country. To the debates, more confusion. Mr. Trump will not participate if its virtual, joe biden says he will be there anyway. But he has scheduled a town hall with abc on debate day, october 15 and a raging debat
Nearly 200 countries and. The no letup in the fighting between armenia and azerbaijan out of the disputed territory of the going out of cairo back the 2 countries project calls for pains talks as the conflict threatens to escalate into an all out war. Im rebecca races welcome to the program well were just 2 hours away from the 1st televised debate in the u. S. President ial election the republican incumbent donald trump will face off against his democratic challenger joe biden in the hotly awaited contest but candidates have been preparing intensely for tonights high stakes debate in Cleveland Ohio biden will step onto the stage with a significant late in the National Polls and more importantly with. Blades in k. Battleground states for donald trump its a crucial chance to claw back ground and reframe his campaign the showdown comes as the u. S. Faces multiple crises including the coronavirus pandemic economic woes and rising racial tensions when its head straight to the u. S. And Wash
The german lender taps Deutsche Banks retail head, manfred, for the top job, ending months of management turmoil. Shares and hsbc jumped the most in over a decade as its biggest shareholder, ping an, raises its stake to 8 . And buckle up, brexiteers. The e. U. And the u. K. Enter the final round of formal brexit talks this week as britains conservative Government Faces another Party Rebellion at home over emergency covid19 powers. Just under one hour away now from the start of cash trading throughout europe, and in the u. K. Take a look at futures. We see more than 1 gains across the European Equity indexes. European equity Index Futures contracts that are trading, gaining more than 1 with euro stoxx 50 futures up one point 1. 6 right now. Trading higher, up more than. 5 on the nasdaq contract right now. S p and down jones futures or jones futures trading. 7 . 8 . Anna you try and catch up with gains in the United States on friday. I want to mention what is going on. The real focus on
Air force. You ran against Kamala Harris for state attorney general. There has been some criticism from the left that she was too harsh as a prosecutor. Is that a problem for her with a left wing of the Democratic Party . Rep. Lieu i do not think so. My advice is never run against Kamala Harris. In terms of her record, you do not get to be elected as the District Attorney of San Francisco and then elected statewide in california as attorney general if you were not progressive. She has a record she can put up against anyone, and she will prosecute donald trump in terms of showing his failures and addressing this pandemic, in terms of creating job, in terms of his failures on the Foreign Policy front. She has done that with other witnesses before her in congressional hearings. She will do that as Vice President. Ticketdoes she help the in this respect that President Trump wants to make law and order a major issue, does she pull teeth on that argument a little bit . Rep. Lieu as a former