Inflation unexpectedly slowed any third quarter. It could add to signs that the rbnz could deliver more stimulus in the coming months. Rishaad we are at the moment drifting. Lets have a look at what is going on with some other Asset Classes and benchmarks. Bloomberg dollar index pretty much unchanged after gains overnight. 10 year yield, very little going on. Still 85 basis point. Hang seng up about. 4 . Shanghai lurching slightly lower. We do have this headline. 9. 9 i posting near 10 , rise in revenues between january and september. They came in at 671 billion yuan. That is huawei coming out with numbers. But really, we are just sort of drifting, arent we . Juliette we are indeed. Lets get a check now of the first word headlines. Stimulus negotiators in washington say they are moving closer to an agreement with nancy pelosi, saying they are just about there on a relief package. The speaker says she and Steven Mnuchin are close to agreeing how to allocate funds while letting schools r
In the star ship program. Guy how far are we now to the star ship program . Its a big piece. Matt talking 30 rockets instead of the nine on the falcon. Its really adding complexity to the program and you see them thinking of technology that allows you to get it all the way to mars as complexity, too. Hellon elon talked about the physical issues of getting to gravity and when you get to that size rocket, you Start Testing technology, physics, or our understanding of it as we know it today. Vonnie theres no particular regulator for these type of missions but the International Telecommunications union coordinates the allocation for frequency of communications, matthew, so in a sense space x is given a lot of freedom and seems to be using the freedom pretty well. Lets talk about the satellites and go up in the tower and then one is at the ch lower orbits and they have to push their own solar panels to survive in space. Its very ingenious. Matt theyre using a lot of technology though its go
Qualcomm a downgrade at Morgan Stanley saying basically the underpricing has gone away, that qualcomm is pretty well priced at this point. Walgreens is a interesting one because there may be a bid out there according to people familiar. Walgreens is getting a bit and barons over the weekend mentioned Warren Buffett. Todays story were reporting is k. K. R. Will make a bid for walgreens. Guy alibaba set a single day cord, its a value record of 268. 4 billion yuan hitting the bloomberg terminal the last couple minutes. Showing you what European Markets look like, light volume on the other side of the atlantic due to veterans day, bond market closed and European Market is flat and the london market is down but pound is up. 7 . If you look whats happening with the havens, vonnie, gold trading down by. 6 of 1 . Vonnie protests in hong kong intensifying as Police Fire Tear gas after the shooting of a protester increased tensions. Carrie lam addressed protesters saying violence could leave hon
Kellie pickler, down 4. 5 caterpillar, down 4. 5 . Boeing, that is total of more than 8. 3 billion and analysts are looking whether that number will rise in coming quarters. Facebook with their fine down 1. 5 . Lets look at where the pound is trading. A lot of Economic Data and political news out of london and germany today. Pound is trading higher. We have a 4 10 of 1 gain. The euro is trading lower. Incredible weakness out of germany in terms of manufacturing pmi, confirming what is not a temporary downturn but something very different. How will the ecb react tomorrow . Touch anding down a we await to see the chancellor will be later on which may give us a clue as to who is the next governor of the bank of england. Vonnie Robert Mueller testifying before the House Judiciary Committee over his investigation and russian interference in the 2016 president ial election which estimate going on for 90 minutes. Kevin cirilli is live on capitol hill. A couple of fireworks, how is Robert Muel