Life well planned. The freeman foundation. By judy and Peter Blum Kovler foundation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you. Thank you. Ros hello. Im ross atkins. This is outside source. Covid19 cases passed 52 million globally as the pandemic its new records, america still worst. We have got to double down on the fundamental Public Health implementation that we have been talking about incessantly, and appropriately. Outside source. California ros californias about to become the second state to hit one million cases, after texas. Prodemocracy politicians are expelled from hong kong. It breached that ng kong will enjoy a high degree of economy high degree of autonomy and free speech. Ros and reports that thousands of civilians have been killed in every tria eritrea. Five days after jill biden wins the u. S. President ial election, donald trump still hasnt conceded defeat. We will be looking into what that means for
Stocks your morning rbi is all about people making a return to the airports kind of. It is tuesday, august 11th, and this is Worldwide Exchange right here on cnbc well, good morning, good afternoon, good evening, and welcome, wherever in the world you may be watching. I am Brian Sullivan. Hope you had a nice weekend as well i know its tuesday but its the first day back for me. Lets get to it and see how your money and the Global Markets are setting up their day stock futures are soaring, look at that, up 266 points right now. They are well in the green this is coming off a lot of recent momentum. The dow gaining about 350 points yesterday. If you are counting at home, and you probably are, thats its seventh positive session in a row. It is the longest winning streak since september. The s p 500 also on the rise as well, now less than 1 from its record high set back in february you got millions unemployed, trillions in stimulus, and maybe thats the reason, and we are less than 1 from ou
Index to session lows in the final halfhour. Asian markets face an uncertain retention ofs want u. S. Actions. Meanwhile, hong kong braces for what could be the biggest protesting month as the City Government needs to discuss criminalizing disrespect for chinas National Anthem. Haidi lets get a look at the markets, which are being jolted by prospects of more u. S. China tensions, the prospect of these further sanctions from washington to beijing as well as Key Developments in hong kong as we get the second reading of this controversial bill as well as the expectations of more protests. Held by newg upside zealand markets. We heard from the annual testimony report there could be more mobility to the countrys Financial Institutions, hearing from the governor. Upside in kiwi trading at the moment. U. S. Futures stumbling. A little downside when it comes to trading in the futures on the back of the failure to hold onto the key psychological 3000 level for the snp, geopolitical concerns get
Argentinas debt levels are unsustainable. This is after the review we had been expecting. We will dig a little deeper into any and try to let you know impact from that decision. Lets dive a little deeper into the action with our markets reporters from equities want. Watching . Hat are you abigail i have volatility on the mind. The vix maybe receiving the panic index. The skew index is an interesting to. It could be hedging against a big move higher for stocks or could be an early look at volatility. In 2018 in the summer when the vix was smooth was snoozing, that is shown in yellow. Part over the last year, both the vix and the skew index down. We see the skew index going back to levels seen in 2018. That is ahead of the pullback we had last month around the coronavirus tragedy. Take a look at this. We have a big divergence between the skew index and the vix. Something worth keeping in mind. Taylor i wanted to take a look at the stocks index. It has been outperforming the general marke
Jeep of staff, saying the Vice President know you had a conversation about investigating based the bidens upon potential investigations. This comes at a time where he is at the Political Center of the storm. Republicans still stepping by the president. Democrats continuing to press ahead with this. As of now, according to my reporting, this testimony has not done anything to move this impeachment inquiry out of the political sphere into a risk of the president being removed from office. David as a lawyer, you parse the language, ambassador sondland said i did not think the president wanted a completed investigation, he just wanted the announcement of the investigation. By the way, i did not know he withheld the aid from this, i just thought he might have. Kevin i will leave the legal speech to you, but heres what i can say. I spoke with one source this morning who said this testimony onay is putting pause President Trump, it is completely damming to rudy giuliani. How he has negotiated