Xi Jinping China has become more open than ever about that threat and as well see its far from certain that taiwan will get any help china or. Even 5 years ago. The United States to come to taiwans defense was greater than it is today so what my china actually do lets turn now are 2 or 3 scenarios each one more dangerous than the last were going to start by projecting whats happening right now into the future with china trying to chip away at taiwans defenses and were going to ask how far could it go. February 2020 taiwans air force releases this image to the media it shows a taiwanese jet fine. Intercepting the chinese gomaa flying air its ash makes a rankling of the dangerous tension in the sky the photograph might be red but what it shows happens a lot especially this year taiwanese military expert johnny chung explained a common flight path that chinese plates follow made and and so common prying out. Because they go to the. Site of taiwan and bryan down bed return back to china ta
Not good enough, eu leaders are set to say no breakthrough in brexit talks. Boris johnsons thursday deadline for walking away approaches. Bank earnings turned sour, jp morgan and citigroup slide despite posting betterthanexpected trading revenues. Bank of america and Goldman Sachs are among firms reporting today. Clinical complications, eli lilly becomes the latest company to pause its covid19 drug trial. We will bring you our interview with rival Johnson Johnson. One hour until the start of cash equity trading across europe. Thats look at what is going on in terms of futures. We are seeing gains and European Equity Index Futures even after live trade. An you can see ftse futures up 0. 3 , and euro stocks and dax futures little changed. In terms of u. S. Futures, you can see on s p and Dow Jones Futures slight gains, a little more on s p. Nasdaq futures up 0. 3 . Anna, you have earnings out. Anna lets get the closing details, the business talking about the year but remaining cautious o
The stock up close to 100 this week. Is that a squeeze or a fundamental reevaluation . We have seen travel stocks really rising quite sharply this week. Lets take a quick look at the european markets. Theres a bunch of factors i want to focus on, plus a global view of what is going on. You can see what is happening with the chinese currency. 0. 5 ,an stocks up around pretty much matching the gains in the united states. We are watching stimulus pingpong. Italian 10 year, there it is. Some pretty big moves over the last few days. Then weve got what is going on with the chinese currency. China back today from golden week. A huge bid in terms of equities and the currency. Will the pboc squash that one . We will wait and see. Europe focusing on what is happening with the lockdown story and what is happening with the bond markets. Lisa the pandemic ongoing, leaders stepping up to contain the surge in virus cases across the continent. Bloombergs maria tadeo joins us with more. What do we know
Jump that that 49 increase is the biggest jump. On top of that, one point 4 billion worth of gains. That is more than double what you saw one year ago. On top of that, equity underwritings, huge gains. We will see how this keeps going on. They are seeing saying there priceline is strong. A different story than what we are seeing at the Consumer Banks that have seen many declines. Big in terms of ipo trading at goldman. How sustainable is that . Sonali as long as the markets are healthy, this can keep going on. Our sources are telling us the election can create a bit of a pause. The pipeline is huge for next year as well. You dont know when airbnb is going to go and there are a lot of unicorns looking to break into the public markets. When the ipos fail, you know that there is sachs waiting on the sidelines. Guy we are going to leave it there but we will continue the conversation. She will continue to brief us. Thank you very much indeed. Joining us now for more on those , baird is davi
Have a durable exit from the health crisis. Including Amnesty International had written to the g20 finance ministers ahead of that meeting to warn that the world is facing a crisis unlike any in the last century, and that debt suspension is only a first step. The group said many of the poorest nations are spending more on debt payments than on lifesaving public services. There is growing pressure on british Prime Minister Boris Johnson to order a socalled lockdown. The Opposition Labor Party and government Scientists Say it is needed to get the coronavirus under control. Deaths have soared to the highest level since june. Concerns are mounting that johnsons new system of restrictions will not be enough. Pressure continues to see a Record Number of coronavirus cases. Officials work reported 14,000 new cases today, the most since the beginning of the pandemic. Russia has the Worlds Largest caseload. Despite a surge in new cases, russian authorities have dismissed suggestions of a Second