Sen. Harris the American People have witnessed what is the greatest failure of any president ial administration in the history of our country. Vp pence quite frankly, when i look at their plan that talks about advancing testing, creating new ppe, developing a vaccine, it looks a little bit like plagiarism. One, joeis on day biden will repeal that tax bill, and what he will do with the money is invest it in the American People. Vp pence weve already added back 11. 6 million jobs because we had a president who cut taxes, rolled back regulation. Sen. Harris the president s trade war with china, he lost that trade war. He lost it. What ended up happening is because of the socalled trade war with china, america lost 300,000 manufacturing jobs. Vp pence lost the trade war with china . Joe biden never fought it. Joe biden has been a cheerleader for communist china over the last several decades. Alix the question is, has that been the last debate of the election cycle before november 3 . Presi
Fires rockets at u. S. Military base its. Tehran says it doesnt want war. Boeing737 jet crashes in a ron shortly after takeoff due to stateat stadia media describes as technical issues. All people on board were killed. Carlos ghosn says nissan used him as a scapegoat to block further integration with renault. He speaks out in a press Conference Today in beirut. We are also getting german factory orders in the economic data. It does not look good. November factory orders dropped 6. 5 yearoveryear. November manufacturing orders dropped 1. 3 month over month. That we haverders been waiting for here in germany just dont look good. You want to pull that up on your bloomberg, type ego go. Pull down on the german flag. The picture is fairly dire. Just under an hour away from the start of cash equity trading in europe. Before the factory ders came through, they were bad enough. Now you can see, dax futures are down even more. 1 . More than double the losses that we see on ftse futures. In term
Of 2. 32. For the quarter, they see earnings at the low end. The estimate was for 1. 51. A large part of this will be how are they going to offset Rising Labor Costs with lower fuel costs. When does that shift happen, and how are they benefiting from the 737 max . Will that benefit continue . That stock getting hit in premarket. In the market, it is still overall about trade. It was very whippy action here. Those numbers on your screen do not revisit the last 12 hours of trading for s p futures, now down just 0. 1 . We will get to some of the headlines in a second. Eurodollar at a twoweek high, and oil on the move. The opecaving secretarygeneral speaking at the oil and money conference today. He is saying some interesting things in terms of oil in particular. Hes talking about opec plus will take appropriate, strong decisions in december. Also the charter they are extending to the u. S. Trying to bring in other countries into that opec agreement. We will be speaking with Mohammed Barki
Gain in both directions, the market clearly banking on a trade deal. Whether stocks go up or down will depend on the details. Keep an eye on the dollar. The direction will be dictated on whether this is a shortterm deal or whether this is a more broadbased deal that resolves lingering trade issues. Crude oil, demand, supply issues. More information on the supply side out of opec, demand still a concern, 1. 43 . Up for a second day. Optionere is a third which is no deal, which would imply sanctions going up on the 15th and more on the 15th of december. The market risk on assets liking the idea that liu he will meet the president. The euro has been gaining ground despite disappointing data. The dollar is down. I want to mention what is happening with turkish assets, stock market trading down by 2 . Bond market, the yields moving aggressively, and the lira is under pressure. Turkey puts more troops into syria, a tense situation emerging as president erdogan says if europe says it is an in
Exchange, we bring a market moving news from around the world. Kong ifus from hong enda curran, we have Annmarie Hordern and emma chandra, and Michael Mckee joining us in new york. I want to show the slowdown. Bloombergs enda curran has more. Enda . Enda i think it was quite weak across the board, alex. The worst single month meeting retail002, which saw the sales side of things confirming that even though a lot of it was due to the slowdown in the car market, the auto market, there is a feeling that consumers are starting to track as well. The activeixed, investors side of it, we saw that lacking, pretty soft reading, setting up the economy for a pretty slow in to the year. Putting pressure on the government to respond. Alix thanks so much, enda curran come in hong kong. Saudi Oil Facilities were attacked. Annmarie hordern have the latest. Tomarie that is right here 5 of global supply, 5. 7 Million Barrels a day, but half of the kingdoms net exports. The biggest infrastructure that d