Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Investors are shrugging that off as stocks look to rally at the open. One name that may not rally is zoom. Shares of zoom are sinking yeah, in the premarket, work from home stock taking a hit from a rising free user base and increasing cloud costs and we have vaccine optimism, moderna and pfizer filing for emergency use and Vice President pence says vaccine rollout expected to begin in two weeks carl all right jim, i guess the question of the morning is whether that rotation, that worked historically well in the month of november, still applies. I think were running out of gas in terms of the oil and gas and focusing on exxon. Stock may not go down, giving the dividend, it says, look, were at wits end and the big Exploration Development period for exxon, market leader, u. S. Leader, is i think now over. We are following were following europe and japan and i think that we forget that you come in today, and you look for all sorts of reasons why were up and up strongly except we dont look
Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha
Contributor, karl rove. Futures are pointing to another rally, extending yesterdays gains of 315 points on the dow futures right now, all three major market gauges finishing in the green yesterday, boosted by positive news on the vaccine front from astrazeneca this time. Best buy, burlington and Dicks Sporting Goods are reporting this morning, all the numbers as soon as they hit the tape. Were keeping an eye on the Holiday Shopping season thats largely shifting online. How you can protect yourself against cyber criminals looking to hack the holidays. And replacing an icon, or trying to. Jeopardy will be seeing a show alumnus as its new interim host, making a buzz this morning. Mornings with maria live right now. New york, concrete jungle where dreams are made of. Theres nothing you cant do. Dagen weve got a rally on deck here in the United States, same story in the european markets. Gains across the board, up about 1 in england, france and germany at the moment. In asia overnights, mar
But after the huge moves we have seen related to some of the vaccine news of late, this is a relatively quiet session. If you look at the headlines as well, the mnuchin and powell spat doesnt seem to have caused much aggravation during the market session thus far. Seeing weakness in the turkish lira today, but after that big move we saw yesterday by the work of central bank and the shift higher in the lira, people may be fading that move a little bit on some expectation that maybe erdogan will not stick with his recent decision to maybe go to more mainstream economics. Alix lets get to our top story, governments rushing to issue vaccine approval. The modernas that and Pfizer Biontech vaccines could be approved by december. If all proceeds with no problems, the conditional marketing authorization for biontech and mentor in a could happen as early as the second half of december 2020. Alix joining us now is sam fazeli. I love how she kind of couched it and said if. What are the options in