Everyone here is really waiting with baited breath on who the president of the United States is. We understand through the counting that joe biden could win it. It is razor thin, but we dont know for certain. The markets dont expect some kind of surprise, which is why they are stable and up. The other story is the bank of england, talking possibly about negative rates. Although, not for now. Guy johnson in the conversation with the governor talking about the Downside Risk. I think we have learned earlier this year with thoughts of covid, that we act both andkly and we do at clearly scale. We have a very substantial genocide risk on the forecast, and a lot of that relates to how covid itself will evolve. The bank ofernor of england. Extensive comments on this. Really important interview, mr. Johnson, with Nestor Bailey on the bank of england. I should note, sterling rallies nicely. Some of the headlines this morning are pretty shocking. Let me do a data check. Jonathan ferro just emaile
Counting continues in a handful of states with more results to to be announced in the coming hours. In other news the u. N. Calls for an immediate deescalation intentions as ethiopias Prime Minister sends troops into the to gray region. Its over 600 g. M. T. Which is 1 oclock in the morning in the United States and in georgia one of several battleground states where the results of tuesdays president ial election remains in the balance now these are the latest pictures from atlanta georgias capital city where a vote counting still ongoing is the extremely close race in the traditionally republican states and all troops initial lead has been steadily falling now hes about 28000 votes ahead with thousands of absentee ballots still to be counted now we are expecting more data in the coming hours what might help joe biden though most of all is that the remaining votes from atlanta are from the suburbs which lean more towards the democrats what winning georgia could be crucial for biden this
Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
From voting no matter what it drives. The biden herons plan would outlaw American Energy you would at least economic misery for iowa wisconsin pennsylvania michigan and every other state in america your energy costs would go up at a level that youve never seen he wants to raise your taxes. The f. B. I. Says its investigating an incident in texas where a convoy of apparent Trump Supporters surrounded a Biden Campaign bus several pickup trucks with pro trunk flags can be seen flanking the bus on a highway President Trump tweeted that they were doing the think wrong. More than 2 days after a powerful earthquake hit turkey a 14 Year Old Girl has been found alive beneath the rubble in the turkish city of is near crowds cheered as rescue workers moved her to an ambulance more than 5 dozen are now confirmed dead but rescue workers are still working to find more survivors whos also pulled a 70 year old man from the rubble of monday the quake in the aegean sea struck both turkey and greece at l
During demonstrations biden and trump support just trade calls to count every ballot and protect the vote. Plus kosovos president steps down to face charges for war crimes over his alleged role in the countrys conflict. Its a 100 hours g. M. T. 8 pm on the u. S. East coast 2 days after election day Donald Trumps lead has been falling into key states as mail ballots are counted raising joe bidens hopes of clinching the presidency. Lets take a look at georgia 1st where joe biden is now fewer than 4000. 00 votes behind trump its been a solid republican state for almost 3 decades and its emerged as a surprising battleground this time around the bulk of the remaining mail ballots are from democratic leaning areas were also still waiting on pennsylvania the state where joe biden was born trumps lead has been consistently shrinking theyre just over 60000 votes separate the 2 candidates and the remaining male ballots are mostly from the democratic leaning cities of philadelphia and pittsburgh