Current plan. Stimulus will focus on active purchases on longterm loans. A move comes after months of a near fivefold rally in the stock which just soared. 9 00 a. M. In dubai. 6 00 a. M. In london. What is a vaccine . Essentially a hedge against lockdown, if it is delivered in a timely and high efficacy manner. Medley Global Advisors put this together. Starting toion is look like a syncopated move. Vaccine moving into the next trial period is going to help the situation. That is the backdrop to markets. Why are we giving up a little bit of value . Let me show you whats going on. Record after record on the s p rotate, wetime to will ask our guests. S p futures slightly later. At the moment, there is a little prevarication at the Solution Fund for europe. There you go. We are transitioning from a defensive bond market to a cyclical offensive market. Have a look at what is going on. I love the citigroup note on the dollar. As far as they concerned, a vaccine is checking off all the boxes
Bill gates says the nations testing has mind blowing problems. A mediag Police Arrest tycoon and prodemocracy activist reportedly on allegations of foreign collusion. Nexts in his Media Group Digital slumped. Gone 6 00has just a. M. In london. Good to see you this morning. Names a ceo and president from november. He had previously served as the chief operating officer. He will take over on november 2 he did his first interview, fiveandahalf years, go to your bloomberg 6 returnelivered relative to peers of 6. 4 so a change at the stop on equinor. We will keep an eye on any more detail on that. Rump, turkey, tiktok i am on tiktok. I have sent something out on. Tiktok trump, turkey, tiktok, and trade. Im determined to boost my tiktok numbers. Nejra good morning. Ill add tech because tech lead a decline last week on friday with the confrontation with china being ramped up with the white house. I cant wait to see your tiktok account. Manus it is awful, dreadful. I havent worked it out yet.
English premier league along with a spat with the u. K. , all reports prius president xi jinping could close the u. S. Consulate in showing do. Tension and political Mitch Mcconnell good unveil a gop plan opening up discussions with immigrants. Cost cuts assifies it sees a considerable slump in economic output. Confirms its diagnostics unit. Units from unilever coming from across the wire. What are you seeing . Anna we got the numbers from unilever. Lets get to the story in london. Unilever with underlying sales, down. 3 , but better than the market anticipated. The estimate was for a drop. 3. 89 . That is a good number for the underlying sales story. They were telling us about what they plan for their tea business. They talked about moving it on in some way. Now with a that will hold they will hold on to some of it. They are retaining the tea businesses in india and indonesia and interest in the ready to drink tea joint ventures they have, but they are telling us the operations they w
Impact on Small Businesses is still unknown. Boris johnson announces a dramatic lifting of lockdown measures imposed in england as the u. K. s chief medical officer warns the virus will persist into 2021. Its just gone 6 00 a. M. In london, 7 00 a. M. In paris. This he question is why is Anthony Fauci talking about a disturbing surge . Are we preoccupied by the two magical words from Steve Mnuchin . We will exit the session at the end of the year, with 10 unemployment potentially. We are hanging our hats on the holy grail of hope, but the reality of real human hotspots in this covid crisis. Nejra yeah, absolutely. When you talk about the real human impact as well, yes, we look at the fact cases are surging in the transmission rate is actually above 1 according to some estimates. The real human impact is on jobs as well. There are really questions over when that support comes away in autumn, what that means for the jobs picture, not just for the u. S. But elsewhere as well. Manus no, yo
And President Trump does not want to talk to president xi. The highestcords number of deaths in a week. And we have the gdp data from germany. Welcome to daybreak europe and welcome to friday after a rocky week in the market. On thee bit of green screen coming through from asia. Yesterday there was a rally on wall street. Initially, u. S. Stocks dropped after jobless claims again but we got a rally. Making a comeback. The gap between tech stocks and banks getting to an extreme level. Utures, a mix for europe, right on the screen yesterday. European futures up 1 ahead of the german gdp data looking to post the worst contraction for germany since 2009. 10 year yield dropping about eight basis points through the week. The dollar heads for a weekly aim speaking to risk off as well and oil heading for a third weekly gain as well. Some science the markets are slowly rebalancing. Kick off the latest development of the coronavirus with the global death toll exceeding 300,000. Cases fueled alar