Given access to voting locations. A review of ballots counted while his team were not president. The president saying he would sue to prevent the election from being stolen. The u. S. Has officially left the Paris Climate Accord, even with the full Election Results still unclear. President trump initiating the process a year ago. The exit took effect wednesday. Trump would be likely to spend a second term promoting fossil fuels and rolling back environmental regulations. Joe biden will rejoin the Paris Agreement immediately if he wins. In the u. K. , the house of commons voted in favor for a new lockdown in england. That as reported Coronavirus Infections continue to search. All nonessential businesses, venues, and stores will close until the second of december. The u. K. Has europes highest number of deaths at more than 47,000. Boris johnson warned of a mortality on a previous scale. Thats a look at the first word headlines. No problem, equity markets are on the up. Asia tracking the
Were going to have to be patient until the hard work of tallying boats is finished. Manus biden on the brink, michigan and wisconsin edging closer to the 270 electoral votes. Trumps campaign sued pennsylvania to stop counting votes. Treasuries are bid on policy uncertainty in the fed is set to focus on the pandemic, while the boe is expected to boost qe. The results may continue to flood in. Majors welcome to the show, and marie. Good to see you. What a difference 24 hours make. My guess in the past two hours have been saying you possibly have the genesis of chaos and hyperbolic language. Why . Because were going to begin to understand what the faceless Electoral College dissenters might do to spoil the road to the white house. Good morning. It is still risk on in these markets, but the question is the validity and veracity of a challenge to joe biden, if he gets the numbers. Annmarie we are still counting those boot those votes in america. Nevada, pennsylvania, georgia, were still wai
Austria chancellor retraced that aid must be disbursed as loans, not grants. Jay powell will tell the senate the fed is prepared to use its full range of tools to support the economy as traders bet the u. K. Will have negative rates by the yearend. A warm welcome to daybreak europe. Just a quick mind flashing across the screen on julius baer, one of the swiss private institutions, by the banking institutions. Asset management dropped by 8. 2 . They say their strategy for islementation of change back. 300 92 billion swiss francs in terms of asset under management. Good morning. Did we catch you offguard . He smiled and looked at the camera but it is a trifecta day. I have three things. Powell, 30e pivot by Million Barrels of oil demand in china, and you have a vaccine hope, so it is hope that is driving this or is it the pivot by powell that is the more dominant . Good morning. Nejra good morning, manus. It seemed to be what we heard from danna. We had the share hitting a record high. G
South korea, president moon calling the current Economic Situation as an emergency. The rhetoric is not positive even as what we see the beginning of a stabilization for some of these virus cases coming out of china. Certainly, the attention is on what regional economies are going to be able to do to support Economic Growth. Lets take a look at what we are seeing on the markets. A milestone for Chinese Markets in recruiting some of those losses since the Lunar New Year break, but we have seen very little positive price action since then. Absolutely. A little bit of a tempering of the positive tone we had seen. After we made up the post Lunar New Year losses, it is notable that you look at stocks on the mainland and they are trading lower, but off by just 0. 1 , so trying to hold in, trying to higherd continue to move with the cautiously optimistic town. Off slightly to the downside. Where we do see losses leading the way, that is in hong kong and japan. Both the hang seng and the andei
Markets, yields are continuing to move up. When you look at the japanese 10 year, we are flirting with the zero line. At some point, maybe, we will see if we break above the japanese 10 year. Let me end on this. Some markets are substantially down for the week. The dollar is also seeing a drop. 1 , that is ahead of the u. S. Jobs numbers, which comes out later today. Su keenan is with eyes. She is going to update is with us. She is going to update us. Su lets get right to the newest. We are going to start with china, which has competed has repeated it is going to remain in close contact with the u. S. Over trade. Reports suggest the two sides montharing a recorded 20 spat. The u. S. Intends to impose duties on more chinese imports if a deal is not struck by december 15. A new report says Political Uncertainty in the u. K. Is planning have playing havoc with the job market. Wage pressures continuing to ease. The Employment Federation says companies delayed or canceled plans last month.