Lets check quickly on the markets. If you look at the markets, and a lot of them are looking at the concerning news or news brexit is going to weigh markets were hoping. The stocks european 600, down and the pound, looking to see if there is any swing on that. 1. 3243. Lets get to the first word news with leighann gerrans. A british official says brexit talks need to show progress by tonight if they are to continue. European unions chief negotiator is said to have denied any breakthrough on the issue of fishing license. Boris johnson is due to speak with the Commission President ursula von der leyen. Donald trump says his personal lawyer Rudy Giuliani has tested positive for coronavirus. The New York Times says the 76yearold was admitted to hospital yesterday. The president wished him well. Giulianis son tweeted his well. Is feeling the u. S. Is said to be ready to sanction more chinese officials over the role of the recent disqualification of hong kong legislators. Familiar,to people
Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the
Lockdown in wales will last for three more weeks at least but children could return to schools there after the february half term. Around 300,000 people are expected to leave hong kong for britain using a new visa route which opens on sunday. Investors respond with outrage after Trading Platforms halt the buying of shares in the us games firm gamestop and other companies. It follows days of frenzied trading that led to a massive increase in its value. Hello and welcome if youre watching in the uk or around the world. A new Coronavirus Vaccine has been shown to be 89. 3 effective in large scale uk trials. The novavax jab is the first to show it is effective against both the uk and South African Variants of the virus. As you can see from this graph, the uk has secured 60 million doses of the jab, which will be made in stockton on tees. The doses are expected to be delivered in the second half of this year if approved for use by regulator. Meanwhile, the European Medicines Agency will mee
Talks to secure a trade deal between the uk and the European Union are resuming later on monday. They broke up last night with the trickiest areas of disagreement like fishing richts, Competition Rules and enforcement of the deal remaining unresolved. If theres going to be a deal, it needs to be done by december 31st. Our Political Correspondent chris mason reports. Last night in brussels, the lights on, the talks ongoing. Huge amount at stake. It is serious. Its at 50 50 right now and i dont think one can be optimistic about resolution emerging. Speaking to some of the key principles here, this isa the key principles here, this is a very challenging issue to resolve, and particularly around the level playing field. There are three main sticking point, the so called level playing field, how any deal is enforced and fishing rights. Eu sources suggest a deal on fish is close. The british sources say it isnt. It seems the two sides cant even agree on what they disagree on. After todays ne
Is just another setback as dortmunds title hopes of slipping away. Imagining how would welcome Germanys Health departments have reported another search a new covered 19 cases sundays figures were more than 2000 higher than on sunday a week ago and fatalities are also on the rise thats prompting calls for a stricter lockdown chancellor Angela Merkel and regional leaders will hold an emergency meeting later today to consider stricter measures likely to include closing all nonessential Retail Stores right in the middle of the whole of their shopping season. The yuletide season in germany usually a festival for commerce with parties vine and crowded markets. But not this year a full lockdown is coming when shops closed and civic life reduced to a minimum christmas in 2020 is set to be a quiet one because. We would not forgive ourselves if this christmas turned into a celebration for the virus and quite honestly the virus does not care whether or not we have Christmas Shopping. Across germa