There say couple of people in some room in pennsylvania, i dont know who they are, i dont know if theyre working yet, maybe not up yet, maybe working 9 00 to 5 00, i dont know who are going to determine what matters the most, i can put a price multiple on bristolmyers better than anybody in the world unless you tell me there is a big sweep or something that is going to happen. You know when you deal with a lot of the companies were looking at, the price sharing multiple will be decided by the notch up or down by the president ial election. I think you dont think over the last two yesterdays trading session, potentially what were going to see today, the market is already making a decision in terms of who it thinks the president is going to be and what the composition of senate is going to be. Yes, it is. Youre talking about workers in rooms as though theyre make the decision, the decisions have been made, theyre simply doing an envelope, taking a ballot out and putting it in a pile so i
Prospects and rising virus numbers. Disney is laying off workers at its u. S. Theme parks and resorts as covid19 continues to hammer travel and demand for group entertainment. Ahead of the first u. S. President ial faceoff, that debate in cleveland happening in the next couple of hours. We are seeing asian markets looking like they will start the day pretty adrift. Chinese pmi numbers could show a steady decline further into more negative conditions. This is how u. S. Futures are trading after slippage in the overnight session with low volumes going into that debate. Contracts are pretty flat at the moment. Thinolume is expected and liquidity on the ground in asia with korean markets on a Public Holiday and the last day of trading before the golden week holidays takes the mainland Chinese Markets out of action. We are seeing a pretty flat start according to the futures session. In sydney, bearishness going into the open, looking like indicated downside of 1 when we get into cash tradin
Days, weve seen the dow up over 1,000 points a gain of 553 yesterday and 529 points on tuesday. Looking this morning at the dow futures indicated up another 105 points we are back above 25,000 for the First Time Since march when watching the dow s p is up just under a point the nasdaq down around 54 points both of those indexed were hire yesterday as well. The 10year looks like it has been yielding around where weve been around 0. 677 we will continue to watch this this morning we have a lot of big guests coming up. Now to the moment weve all been waiting for. Joe and andrew, ill send it over to you. What moment would that be well be in a twoshot we are good we spoke yesterday we are good. You didnt have much time. We made the news. A few comments. People seem to have differing opinions he wasnt able to talk much. We were moving on. He had zuckerberg. We dont have time to dwell. Weve been together 10 years longer than many marriages we have our moments but we will disagree but not be d
Book the world. Francine lacqua in london. Extraordinary markets yesterday. Francine extraordinary yesterday but today they are taking a breather. On folks yesterday was moderna. Say if we haveto better news on the early trial of this vaccine. There is a huge fund being put in place by Emmanuel Macron and Angela Merkel. Again now, a bit more temperament or a little bit slower as we expect some countries to go against it. More subdued markets than yesterday. Tom interesting. Markets pulling back in the last few hours. With over a world news in new york city. Federal reserve chairman says the central bank is prepared to use its full range lendingd plans on rate neil zero than rate to near zero. Ritika President Trump is taking the antimalaria drugs he has promoted as a treatment for coronavirus. That is despite government warnings that hydroxychloroquine can have serious side effects. The president says he has been on the drug for about a week and a half. Mike pences press secretary test
Stranded with no income no work the pandemic or shes millions of Migrant Workers out of a job and that families back home go hungry so who should look after the. Crisis change the way wealthy countries use foreign labor this is inside story. Hello welcome to the program. Farm workers are often the backbone of many societies they are doctors nurses shop assistants and manages all this take low skilled work the citizens of wealthy nations wont do they have families back home depending on the money they send but millions of Migrant Workers have seen their livelihoods evaporate as the corona virus spreads economies all over the world have been hit by the effects of lockdowns salaries are being cut or staff fired as business dries up the World Bank Says global remittances will drop by 20 percent this year the sharpest fall in recent history Migrant Workers sent home 554000000000 dollars last year a wreck or remittances overtalk Foreign Direct Investment as the biggest source of money flowin