22 days to go until the election. trump trails joe biden in a national poll. yuan rally hit the pause. a weakerlowed with than expected fixing. it is just gone 6:00 a.m. really filled with a lot of finger-pointing as mark cudmore points out. no one really expect money from a major new package before the u.s. election, but they are betting on a monster injection. that puts our focus on the rising coronavirus cases europe is battling, and attention will shift to london. we will hear about restrictions from boris johnson. let s take a look at how. monday let s see how monday morning is shaping up. equities, the csi 300 outperforming. up to .5%. there is a lot of optimism ahead of president xi jinping s address this week. that is expected to announce reforms to the upside. trade,.s. equities of the bond markets will be closed for columbus day. let s take a look at what is going on across asset. when you look at the currency space, it is about the yuan. a higher dollar weaker yu
from the bloomberg terminal. tipping point boris johnson is set to tighten u.k. restrictions after a spike in virus cases. italy s government also considers stricter lockdown rules. britain s other headache the prime minister tells angela remains significant gaps in brexit trade talks. a crucial eu summit takes place .hursday, and stimulus/ president trump and house speaker nancy pelosi blame each other for a lack of progress on a second package. larry kudlow says he expects more negotiations this week. we are just under an hour away from the start of cash equity trading throughout europe, and in the u.k., let s look at futures, indicating a positive open this morning across europe. we have euro stocks futures up 6%. .75%utures in frankfurt up and ftse futures kind of trailing behind, but still a gain of .6%. stocxx up .6%. gmm?do you see on the anna: i will get to that, but we have some breaking out from london. iag says sean doyle will become ba, part of iag. this is in
treasury market. european stocks are down by 1%. u.s. stocks are up i .2%. i also want to bear in mind what is happening with the chinese currency. this is important. 6.6 four, below key levels. the dollar continues to weekend. the dollar is important, the euro is important, but the chinese currency is potentially very important. jump inaly reporting a new daily virus cases to over 15,000. the other part of the story, we are talking about trade talks, the u.k. and the eu are ready to sit down immediately with the goal of finding a deal by mid-november after positive contacts between the two sides. our bloomberg is european politics reporter. ian, a great way to talk about itting the deal, getting done, was that boris johnson was getting his way and getting it done. ian: in the past five minutes, the chief negotiators have gotten off the phone after about an hour long discussion. we have not heard officially what they have agreed to do, but as you were saying, we have reported
out with north korea over its nuclear and missile programmes. he said he would prefer a diplomatic outcome to the dispute but that would be very difficult to achieve. as he prepares to mark his first 100 days in office this weekend he says that north korea is his biggest global worry. well, there s a chance that we could end up having a major, major conflict with north korea absolutely. let s speak to laura bicker in washington. we should balance this with the more moderate tone coming from the secretary of state. that is correct. rex tillotson also gave a very rare interview to fox news just a little bit earlier. he spoke about the difficult diplomatic strategy followed by the administration. this is ahead of, in a few hours time, a un security council meeting where rex tillerson will urge members to enforce tougher sanctions. not new ones, ones that are already on the table in part of an accord that has already agreed. but he wants them agreed and pushed to the full le
president trump has again claimed that a major conflict could break out with north korea over its nuclear and missile programmes. he said he would prefer a diplomatic outcome to persuade pyongyang to abandon the weapons but said that would be very difficult to achieve. as he reaches the end of his first 100 days in office he s confirmed as barack obama famously warned him when they first met in the oval office that north korea is his biggest global worry. well, there s a chance that we could end up having a major, major conflict with north korea absolutely. earlier our correspondent laura bicker in washington explained how the us secretary of state is also lending his weight to the diplomatic pressure bearing down on north korea. rex tillerson also gave a very rare interview to fox news just a little bit earlier. he spoke about the difficult diplomatic strategy followed by the administration. this is ahead of, in a few hours time, a un security council meeting where