A 2nd night of protests and looting in philadelphia following the death of a black man at the hands of the police. The u. S. President ial candidates are making their final push to win over voters with just one week before the election there crisscrossing the country campaigning in battleground states so far more than 60000000 americans have already voted a record that could lead to the highest voter turnout in a century mike hanna reports. A final for now take week of campaigning before election day President Trump doing a swing through 3 of the states with polls indicate he is neck and neck with joe biden wisconsin michigan and the brusque. Attempting to remove one issue from the agenda at the beginning of the day tweeting Fake News Media is going full on. We are rounding the turn 99. 9 percent and hes attempting to reset the conversation around an economy he claims to have provided its trouble believe the number one reason that im standing here because of trade and how we turn that
Back to an eight day holiday. They are putting much playing catchup. We have gains across the board. Shanghai is up 1. 6. These services pmi rising for a fifth month. The you on getting 6. 73 versus the dollar. This was stronger than expected. This is a weak dollar story. Some yen strength there. The bank of canada governors has negative Interest Rates remain an option. Courts seems like a lot of the action is in the shanghai markets here today given that robust reopening after the eight day holiday. We will speak exclusively to the Everest Medicine ceo. This is 27 right now in its debut in hong kong. The Trump Administration signaling that the administration is again leaning toward a largescale stimulus bill. That comes after nancy pelosi pushed back on the idea of peace for a. She is excepting refusing to accept help for airline without wider bill agreed. We want to help the airline workers. There is legislation that we had ed the cares act that we hope we could continue for the next
Fed uniform on for Caroline Hyde, all ready to go. They will come out with a forecast as well. There is a pandemic, everybody is guessing including tom keene and francine lacqua. But it is a nice vector, a nice gurrria. Fortress look at the headline. This follows from that dropping that jawdropping 11 lift in jobs. Amazon plans to put 1000 warehouses and neighborhoods. This is the new political message that we are getting from all of these tech juggernauts after this digital dominance of this pandemic. Francine i understand this would be a way of competing with walmart, which is doing pretty good. The warehouse would be closer to you in certain neighborhoods, so they could deliver on this oneday pledge. We are all used to getting our packages pretty fast and get upset if we dont, so it is a race to get to the consumer as quickly as possible. Francine it is a jampacked day, futures up 17. Francine we will speak with angel gurria at 6 00 a. M. In new york, 11 a. M. In london. Lets get to
American labor economy will fold into what we hear from that press conference. , howevera longer bid long rates will stay. But then there is this reality of x million of people here with no hope of a job. Jonathan we get the forecast and i think that is important. This Federal Reserve may have to upgrade them and say we are not doing anything for a long time. Tom while you were sleeping, i was saying following this delegate meeting. Saveel mckee is going to me and the 2 00 p. M. Show. Nuancescacies here, the i would suggest would be important. I was up at 1 00 eastern just to throw that out here. 1 00 eastern your time. Lisa, a retail sales late this morning. Lisa 8 30 a. M. Eastern time. To be the first read on Consumer Spending aspect and thats at the extra jobless benefit that did end of the end of july. We will be getting the Housing Market index, more optimism expected. Possibly a new record among homebuilders. Im thinking of transferring the oil out and bringing in lumber instead
Day for the Federal Reserve system. It is a meeting of mystery. Our Michael Mckee will be there for the press conference, special coverage this afternoon. But right now, a great conversation on some of the challenges that we are going to see. Jon ferro, to me, the major challenge, with futures up 17, you mentioned this earlier, this morning, is the two americans that are out there, that two americans that are out there right now, jon ferro, are nothing like what john edwards ever thought he would see. Jonathan just compare and contrast, tom, take the airlines on one hand you can take any sector, the retail sector, and compare it to fintech right now. Big tech on fire. Other companies, tom, literally slashing in tens of thousands, and a central bank that has to set policy for both economies. That is a tremendously difficult position to be in as a central bank right now, and that will create distortion. Some would argue that is already happening. Tom Lisa Abramowicz, within your reading,