At imposing a state of emergency ethiopias president moves to replace the Regional Government in the troubled will. Jump in corona virus infections in france at a national locked out increase european nations grapple with the 2nd wave of the pandemic. And sport pressure is mounting on Manchester United boss ole gunnar is so sour. Just hours away from facing everton in a game that could have massive implications on his future at the club. So joe biden is inching ahead in the race to become the 46th president of the United States he has a narrow lead over President Donald Trump in battleground states 4 days after america went to the polls the votes are still being counted amid protests and several legal challenges by the trump camp. And biden has spoken in an address to the nation saying that hes convinced hell win hes ahead in pennsylvania nevada and georgia so far biden is projected to have won 264 Electoral College votes from past 214 remember the number acquired is 270 bible needs to
Really settle this morning. Ive got to go right to the deepest market exchange. The Dollar Strength is really resilient. Jonathan the treasury marketjonathan not doing what the treasury market would typically do in an equity downdraft. So many people have come on this show talking about it. There it is, the 10 year yield doing nothing. Your yield, 0. 67 . You could clip that, repeat it, and it would have been true for the last five days. Tom when you intrude into market spaces, markets dont give you signals. Ive been surprised by it. The completeness of the bond market and this lethargy has been extraordinary. It is where the bond market gives up giving signals. Jonathan the data 90 minutes away in america. Lisa we get a sense of how much momentum is flowing down in the u. S. We get the latest reading on initial jobless claims in the United States, and continuing claims as well. More discussion from jay powell and steven mnuchin, asking for more fiscal support from washington. The mark
A study suggest young people are not as immune as some, including President Trump, have claimed. The bank of new zealand faces a tough policy decision this week. Balancing a rebounding domestic economy against the increasingly uncertain global picture. Shery happening now, President Trump speaking at the white house. He abruptly left, escorted by security. He is back in the briefing room. He says there was a shooting outside the white house and it is now under control and someone was taken to the hospital. Pres. Trump he reported he heard shots. He was outside and he heard two shots. We dont know yet. They are going to find out. Do you know if the individual said something . Pres. Trump we dont know that. The secret service . Pres. Trump it seems to be. Where you take into the bunker . Pres. Trump no, to the oval office. Just told me when he came up, you saw it like i did. Sir, could you please come with me . I was surprised also. It is pretty unusual. But, very professional people. Th
Recovery fund. The agreement would be very bad not only for europe but for the markets. Ericsson tops the stoxx 600 as european roll out drives demand but the leader says hes worried europe is missing out. China has accelerated the rollout and it continues at a high pace in north america so 5g is happening at an increasing pace in the world i worry that europe is falling behind daimler shares accelerate as more cost cutting forces the carmaker to halt production of mercedes demand in u. S. And mexico as it reveals a 1. 7 billion operating loss for the Second Quarter the last dance for a lockdown growth shares plunge in extended trade as the streaming giant adds 10 million subscribers but warns growth will grow sharply to its weakest level in years beginning shortly, some comments crossing from the European Commission and she has effectively said that these stakes couldnt be higher and all necessary pieces are on the table and a solution is possible from her leadership perch hoping a de
Fed president Robert Kaplan this hour. President trump orders chinese to shutdeo app tiktok down in the u. S. Next month unless there is a deal with microsoft or another leading american company. Breaking news out of south korea. The cpi numbers for the month of july year on year, a growth of 0. 3 . This is of course after inflation remains flat for the previous month year on year. We have seen somewhat muted demand. Perhaps weighing on the month on month numbers. We are seeing inflation at zero growth. This really missing expectations that prices would rise 0. 1 if also inflation is decelerating from the previous month of june. Core cpi take out oil prices, and you get a rise of 0. 7 , in line with estimates, and slight acceleration from the previous month. We have seen brent crude prices recover somewhat from aprils slump but still down 38 year on year also. The are also expecting tokyo Inflation Numbers within the hour so take a look at what japanese futures are doing at the moment.