Exchanges. Regulators criticize the lack of access. Goldman sachs is set to be preparing a second round of job cuts in three months as a moratorium on firing amid covid19 comes to an end. Howi lets take a look at we are setting up in the first couple minutes of sydni trading. We have had a pretty cautious trading session this week ever since we had a Technical Glitch that essentially put the asx out of action for monday. We are seeing a little bit of a flight back to the opening session as we get more clarity in terms of the ongoing trade tensions between camera and beijing. Still on the back foot trading at the moment. We are seeing outside of half a percent trading in new zealand stocks. Shery we continue to see pressure in the futures markets. U. S. Futures down. 1 after stocks pulled back from record highs. We are seeing nikkei futures down 0. 4 , coming down from the highest level since 1991. The japanese yen unchanged, although one of the biggest gainers. Virus concerns. And wti
A little bit more u. K. What weve got today, Kevin Cirilli, our chief washington correspondent, makes clear when he is on after midnight, we are not going to know many of these outcomes. Jonathan we do better because it is shorter and it is cheaper. We hope wednesday morning we have a result. This market fears this could drag out for a long time. Sea, wem sea to shining are having a vote occur right now. We see a number of institutions already. How about the bank of America Stadium in the carolinas . Carolina playing at kansas city this weekend. This is the first of the disciples in west palm beach, florida. It is a beautiful church, ravaged by hurricanes over the years. Yet today, there is the peace and calm of voting. I want to make clear that within the punditry, there is a question. How big will the turnout be after 98 Million People choose to vote early . Jonathan the pundits everywhere, all the time, it is all about the turnout. Is massive. No one knows what it means. Equities po
To the upside. Other news coming through about approvals for future houses as well. The asx up 119 points. Thats move along and look at other Asset Classes. Crude trading yesterday with a 33 handle, hasnt had a huge rally since then. Part of that is down to russia and opec looking like they will not be hiking reduction in january. That news helping to propel oil prices up to over 97 in the last six hours or so. ,old remaining where it was just shy of the 1900 level. Thats ahead of the u. S. Election. The u. S. Dollar index marginally down, the Rate Decision coming expecting a 0. 15 cut in the base rate and we do have in anticipation of all that move slightly higher than that, and thats down to a commodity related currency and the crude price helping that along. Lets head over to new york and join karina mitchell. We start with the latest headlines on the pandemic. Starling fell to its weakest in the month, with an economy already reeling from similar measures earlier this year. France
And tom keene on Bloomberg Television, Bloomberg Radio across this nation, one day to the election, and to all of you worldwide, good morning. An incredibly busy newsweek. After the election, weve got the fed, weve got jobless claims, and a jobs report on friday. We are really focused on the election. How do you from london see it. Jonathan elevated volatility going into it, and a breakdown in correlations. For markets, i think it is really tricky right now. Typically you would expect some inverse correlation between stocks and bonds. At are not getting at the moment. Difficult is really to assess what the politics actually mean, and to put together a portfolio around it. Tom we are going to talk to an esteemed guest about that. I got to ask you about the lockdown. We heard earlier this morning the exceptionally difficult weekend Prime Minister johnson had. It is government threatened . Jonathan his government is failing on this front, and plan has failed as well. His party, that is wh
Politics at home and abroad for years to come. The ipo has taken a dramatic turn with jack ma and other executives summoned by regulators. The company ahead of scrutiny. Shery breaking news out of south korea. We are getting the october Consumer Price numbers. Month for month, we are seeing a contraction of 0. 6 , really missing expectations of analysts. Not to mention it is a slow down and Inflation Numbers from the previous month. Not surprising given we had a pickup because of the weather related issues. We had monsoon season. And lowerlf Pressure Energy prices. Growth of prices is only. 1 which is a deceleration from the previous year. Not to mention it is under analysts expectations. Only in october we saw bright about 30 lower on average compared to a year ago so we are getting pressure on both numbers. For now, lets turn to the market. We are seeing u. S. Futures slightly higher online. Lets turn to sophie in hong kong. S p adding about 1 10 of 1 at the start of the session in a