Attention to that, with the ecb coming up thats a huge deal. Delivers more stimulus, and the bcp will be really under pressure, down by 4 10 of 1 , but its all about the dollar and its driving Global Equities higher. And the tension between the weaker dollar driving risk themete, and the overall has been the protest here in the u. S. Under covid. Lets break down that disconnect. Torsten, what is your best explanation for the markets versus the headlines . We have discussed why markets are doing well, and we continue to believe that the answer is on the significant firepower coming from the fed. If you change the credit market as dramatically as they have , i spreads are very close to where they were before. All of that is, in plain english, making this look a lot better today than it did a month or two ago. And you have the equity of companies with the support to the credit markets, this is probably an important reason why the equity markets continue to do well. Think the fed is making
Stoxx 600 at a record high. On top of that encouraging news out of china. The pound, 1. 3363, getting a little bit of data with manufacturing. 45. 9 but it is still also indicating contraction. Lets take a look at a share price of electoral a come of , those are down. Mark carney will present the financial report. Thats from 5 00 p. M. London time and we should be a week away from the nomination of the new bank of england governor. Lets get straight to bloomberg first word news in new york city. Boris johnson will appoint new ministers to his cabinet after his landslide victory in the u. K. Election. The Prime Minister will welcome 109 new conservative members of parliament to london. They will take their seats in the house of commons. Downing street saying the government will introduce a law to deliver brexit before christmas. That will pave the way for the eu divorce and take place by the end of january. The International Effort to rein in fossil fuel pollution stumbling after u. S.
This afternoon. Good news about these showers though theyre really losing steam by the time they work into the bay area so nothing more than just a few overnight sprinkles is really possible. Daytime hours today will be nice and pleasant certainly feeling like fall, 60s and 70s for your daytime highs across the bay, ive got more about your forecast for the rest of the week. Still ahead robert thank you john back to the bay bridge here back up here on 80 is still spilling back. Through the main singer approaches have not improved, but the suspension and the skyway have so that looks good, but you got to get their right to get a will way through all of this heavy traffic it through the maze s still under 15 minutes afte fremont street. Were checking in on 5 80 and the nimitz and both are roughly the same i dont see any big problems so from to 38 to downtown oakland, youre just under 30 minutes and then 2 80 in san jose is recovering from earlier problems, 27 minutes from the one oh one s
Demonstrators in south africa condemn israel is the actions in gaza and march toward its embassy in pretoria, demanding be shut down tennessee. Stop until the 2nd board is the live in moscow on rachel ruble. Youre watching r t international. We start in gaza where more than 50 people have a park or theyve been killed in is really attacks overnight. According to reports, a Civil Defense unit taking part in rescue operations in the northern part of the territory with heads several buildings that were destroyed in the raid. A warning, the following images may be disturbing. The the, the scenes are from a hospital in gaza with the children among the victims. More than 2000 palestinian children had been killed since the war, abrupt it over 2 weeks ago. A total desktop there has now surpassed the 5000. 00 according to local health officials. Doctors rush to bring new patients in with the youngest, also needing urgent care. And you can see in this video a baby is being brought in for treatmen
Pope francis has urged the worlds roman catholics not to ignore the plight of migrants who have been forced to flee because of violence. At Christmas Eve mass in saint peters basilica, the pontiff drew comparisons with the biblical story of mary and joseph, who found no place to stay in bethlehem when mary was about to give birth tojesus. Pope francis said respect for migrants was an integral part of christianity. Virginia langeberg reports. In vatican city, the faithful began gathering long before midnight in st peters square. Beneath a giant Christmas Tree, are seen to reflect the birth of jesus. Christmas tree, are seen to reflect the birth ofjesus. A scene. While inside the basilica began the annual ceremony, steeped in catholic tradition. This, the fifth Christmas Eve mass to be held at pope francis. With 1. 2 million roman catholics with1. 2 million roman catholics followers around the world, the pontiff used his speech to highlight the plight of migrants, telling his followers t