Happyorning everyone, monday. Pmis are coming in. Those numbers and go straight to the market and have a look at the positive news out there and how market traders are taking this. Falling. Area a touch worse than expected. Is a touchng pmi better than expected. Interesting to see the difference between services and manufacturing. What thek at the market wants to focus on, its after that vaccine says preventing 70 of cases. Global stocks are advancing. Focusing on the encouraging news from vaccines across the world. The astrazeneca one done with oxford is not as efficacious as the other one but you have to keep it at a much higher temperature which distribution could be that much easier. Not at all discouraging. Good morning. Over in the u. S. , president elect joe biden is aideing for his longtime as secretary of state. Thats according to several bloomberg sources. Former Hillary Clinton aide Jake Sullivan is expected to be National Security advisor. Could come ast soon as tomorrow. R
Mixed messaging politicians remain divided over the wearing of mosques in public even as the country reports another record high number of covered 900 cases. Also in the news regional leaders trying to mediate in mondays deepening political crisis says tributes are paid to those who died in recent protests. And an oasis of peace how Libyas Misrata holds out the promise for stability and growth amid the violence all around. Town and sport around with red coat shares in a things that and says his teams latest title win is extra special royal securing the spanish championship that 10th straight victory since the league resumed after the coronavirus lockdown. Facility. So more than 6 months after the 1st cases were reported and the resurgence of the corona virus is now such a threat with some nations seeing their worst spike in cases yet we start with india it has become the 3rd country not to record more the. A 1000000 cases infections are spreading in the smaller towns the places where H
Members of the public who wish to provide remote Public Comment on this item should dial star three on the phone or click raise hand in webex. Please note you will have two minutes. Do we have any remote Public Comments for this item . We have one caller. Thank you, um. Color your time begins now. Can you hear me again . We can hear you, mr. Pill pill . Yes. Great david. Fill pelican. So um, thanks for being the code of conduct packed for a second round today. I think the language is good. I had a couple of suggested. Edits on the paragraph on x party communications. Um i think it might read better if it says it shall be the policy of the refuge rate board for members to not communicate blah, blah, blah so that it its not whats against the policy, but says what the policy is, um, second point there, i would consider expanding that ban on communications to not just be with refuse companies but also with city departments that receive funds through the impound account with regard to use o
Gold with the worst day yesterday down 1. 3 . Copper up 2 . It hit its highest level since april of 2022. We have been waiting for home depot. It hit. 3. 37. Closed at 3. 40. The same store. 3. 2. Overall, same store is down 2. 8. It was 3. 68 a share. Oh, its all on the teleprompter. Ill read it now. You heard this already. Home depot just reporting. 3. 63. Revenue missing. 36. 42 billion. 36. 66. I dont think those are people are expecting down 3 to 5. The same store sales fell 2. 8 . People were expecting 2. 2 . Ted decker saying the company is still seeing, in his words, continued softness and certain larger disregucdiscretionary pr. It is expecting sales growth of 1 . Lets bring in brian nagel for more. Still seeing same store sales. Brian nagel with oppenheimer. Brian, you figure the stock recently has been a little weak after a pretty good rebound after prior weakness. You dont think it is cheap . Good morning, joe. I dont think it is cheap. That is the key reason why i remain o
This is the show where we delve into the regulatory challenges and opportunities for Financial Markets around the globe. But first lets get a round up of the news with sebastian salek. Sebastian President Trump has won the latest round of the head of the Consumer Financial Protection Bureau. Thateral judge has ruled Mick Mulvaney can remain acting head of the agency. By thected a bid bureaus deputy director. She is likely to appeal. Wells fargo is facing new problems with its regulator. The officer of the comptroller of the currency because of improprieties in wells fargos mortgage operation. President trump has nominated sometime critic of the Federal Reserve to be a governor of the central bank. Hes a professor at Carnegie Mellon university and a former research director. Earlier, he told congress that the fed had failed to secure the credibility of its inflation targets. The bank of England Governor Mark carney has indicated the u. K. Will review bank bonuses after britain leaves th