There is the thenwhat later in the week that will be interesting. Francine right. Depending on whether it is a contested election, that is what i keep hearing on the markets, that if it is contested we could see a lot of volatility in all sorts of asset classes. And of course, there is a bit of news on brexit, and coupled with news on restrictions in the u. K. Economy, it is giving us more neutral pound going forward. Lets get to first word news with ritika gupta. Ritika good morning. The president ial campaign is in its final full day. If there is of polls show joe biden leading President Trump nationally and in battleground states. Some of those states remain extremely close. Candidates will Campaign Today in pennsylvania. The state is vital bidens chances, and it could become almost a mustwin state for the president as well. The white house slammed Infectious Diseases chief Anthony Fauci after he ramped up criticism of the way the coronavirus pandemic was handled. He told the Washin
Corporate and labor party support. Thanks thanks to she tells the hey theres no genocide in brookline st. My mas de facto president faced the you in court is the crisis the dispsplaced o of a Million People made a fatal military crackdown continues. Thank you very much for being with us. Pensions in front to o set to undergo a major reform announced this wednesday by the Prime Minister at waffle leap. Comments that came as a general strike continues to grip the country the issue as united fronts almost l like no other with political extremes coming together to condemn the reform plans basically president michael. Pledge to abolish the forty two special pension accounts number place them with universal scheme its the delivery of this Campaign Pledge at this conference workers out on the streets in protest. Lobbies showed the governments objective of universal pensions is a socially fat. Yeah but that there is no hidden agenda. The but were not looking for small savings here all that. We
Welcome to daybreak europe. We will see a little bit of selling in the asian session. A lot of read on the screen. Rates of korea cut kept rates unchanged, but cut its Growth Outlook. The bloomberg dollar index, we have seen an eightday winning streak. The sixthweek high for the bloomberg dollar index. Steady as she goes. Taking a look at equity markets in terms of u. S. Futures. The markets were closed for thanksgiving yesterday. Stock and bond markets. Futures under pressure for a second day. We saw europe close lower, too. Oil, just a little weaker, but it is heading for a fourth weekly gain ahead of the opec plus meeting. Opec and its allies are expected to extend the current supply pack rather than deepen those reductions. Following president trumps signing of the hong kong bill, there is one big question left unanswered, how would china hit back . The Foreign Ministry has issued a threat of retaliation, but they have been vague on details. Beijing will set the future course of tr
Hello, election cast, welcome to the latest episode for daily election podcast, electioncast. It has been a busy one of the campaign trail today, looks to get through it i will be going through it all with laura, our Political Editor and chris mason, Political Correspondent who tonight, much of the day, for them was spent in a nightclub in north london because that is where the liberal democrat leader unveiled her partys the liberal democrat leader unveiled her pa rtys manifesto the liberal democrat leader unveiled her partys manifesto on 90 pages of it. For the first thing we discussed was borisjohnson, it. For the first thing we discussed was Boris Johnson, the it. For the first thing we discussed was borisjohnson, the Prime Minister, seeming to blurt out a centrepiece tory policy that had not been announced yet. It was all about National Insurance and the threshold with which you start paying National Insurance and what comes out of your pay packet and the reason he blurted it out,
Pace in over 20 years. Industrial output and retail sales fall short. Jay powells happy place. He says Monetary Policy is where it should be as he sees monetary growth continuing. I think Monetary Policy is in a good place. If developments emerge that cause a material reassessment of the outlook, then we will act appropriately. Anna less than half an hour to go until the start of the equity trading day in europe, this is what the futures look like right now. They look weaker across the equity markets. And for the u. S. Equity markets, we have the ftse 100, the cac also weaker. Expectations for a weaker start being paired back a little bit by some reassurance from the german data. Lets not overdo that because the global story around growth is not a positive one. Lets have a look at u. S. Futures. They also have been pointing to the downside. Lets see if they still do. They do, but not by an enormous amount. German data offering reassurance, but the state of the German Economy is still w