Shows seemed wrong. When old rules just dont hold. Any old belief yet to shape our disdain becomes agitated and in games from it equals betrayal. When so many find themselves worlds apart we choose to look for common ground. This is boom bust the one business show you cant afford to miss im sorry mando in washington coming up a little markets are on hopes that the u. S. Will sort of run a virus relief bill this comes as president offered a broader 1. 00 trillion dollar package but will democrats counter. The many global central bankers looking at possible guidelines for enforcing the laws but one major economy is not part of those talks we have a boom bust panel standing by we have a lot to get to so lets get started. We begin today with Global Markets reacting to the news that there may still be hope for another u. S. Stimulus package thats before the election starting in russia the market is down for the week as the ruble climbed to 2 week highs but still near recent lows concerns gr
Those arrive in london today, and the pound appears to gain after jumping to a sixweek high. This is surveillance. Eldinusef gamal in dubai. Toew fiscal stimulus impact mitigate the impact of the coronavirus. Reflecting that degree of caution, a little bit lower at the moment for the s p 500. At the same time, european stocks are falling for a fourth straight day. What is happening in the states is the bund rally is likely to pick up momentum again as the focus shifts away from global input to some of the deteriorating domestic fundamentals. Think along the lines of the german confidence data we got, the yields near the sevenmonth lows we had. Benefiting from the larger dollar risk aversion. It is very much strengthening over the past month, and at the goldt, the philadelphia and silver index up about 1. 4 . Lets check in on the first word headlines for you and toss it out to leighann gerrans. Hi, leighann. Leighann good morning, yousef. Growing signs an agreement is insight. Negotiati
A lot of that to the world and that. The to. This is boom bust the one business show you cant afford to miss im sorry mando in washington coming up the bull markets are on hopes that the u. S. Will toss some sort of a groan a virus relief bill this comes as President Trump offered a broader 1. 00 trillion dollars package but well democrats counter the committee consisting of global Central Banks is looking at possible guidelines for enforcing crypto laws but one major economy is not part of those talks we have a boom bust panel standing by have a lot to get to so lets get started. We begin today with Global Markets reacting to the news that there may still be hope for another u. S. Stimulus. Package thats before the election starting in russia the most is down for the week as a ruble climbed to 2 week highs but still near recent lows concerns grew as france and germany they both push for a use ancients over the alleged poisoning of alexy of only already asian markets the shanghai compo
The countrys reserve bank kept Interest Rates unchanged at 4 percent the a. S. X. In australia also for the week blue chips and tech stocks led those gains almost all for soared 12. 2 percent after acquiring u. K. Platform breathed for 32000000. 00. In south africa the all shares also in the green on wednesday the central bank reiterated it would keep rates steady at least in the near term Consumer Staples and gold miners also lead those gains lets head over to europe in the americas starting in london where the footsie is up for the week well and gas prices hope those gains the index saw some losses though on friday data out of the u. K. Showed that g. D. P. In august grew 2 point one percent which was less than expected the german dax also in the green now german exports rose for the 4th consecutive month by 2. 4 percent in august after a 4. 7 percent rise in july french also in the green closely monitoring about u. S. Stimulus in brazil the evo best buy also seeing another green arr
Has passed 1000000 corona virus infections becoming the 8th country in the world to do so meanwhile youre growing has closed its borders in a bid to stop the spread of the virus. As more. The Health Ministry in colombia announced. 1000000 figure 30000 deaths you mentioned its the 8th in the world to pass that grim milestone its the 3rd in latin america. A few days ago brazil the worst country in the region has over 5000000 people infected with the coronavirus 157000 people there have died. Across the world theres been Something Like 10000000 people so 40 to 42000000 people infected 10000000 of those are in latin america so its got around about a quarter of all the cases in the world. U. S. President ial candidates donald trump and Democrat Joe Biden d are touring battleground states as election day looms opinion polls show biden in the lead nationally but its a tight race in the swing states 50 countries are signed up to a United Nations treaty to Ban Nuclear Weapons its set to be brou