The news flow in the United States and the pandemic i dont believe i have ever used this word before, it is just grim. Abi did in april. But the headline this morning maybe i did in april. The headline this morning is that we have a president. Just as importantly, as you mentioned, the Chinese Government has commented on this. It will be fascinating to see what President Trump does today and into the sunday talk programs. Francine and absolutely, we will see the executive order. I was looking at security briefings, which is something i know you want to talk about and is very significant at the moment. A security briefing for the president elect. Lets get to first word news in new york city. State and federal Election Officials are rejecting President Trumps claim for widespread voter fraud. They say that the election was the most secure in american history, that there is no evidence that any state lost votes, changed votes, or was, must. China has congratulated joe biden and Kamala Har
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
More than 6 people. And the largest refugee camp in greece burns to the ground leaving hundreds without shelter amazing fears about the spread of covert. Worldwide this is r. T. International from Moscow Wednesday evening here in the russian capital im calling break with this hour as developments and reaction 1st as a lot of russians continue to voice their anger at last months disputed election the underfire president is warning that the whole country would collapse if hes forced out. His claim came in a lengthy interview to Russian Media including r. T. The thing you know someday i will leave maybe but i will not allow the destruction of what we have created with people with generations i would not allow it to be destroyed this is how i live now and how this country has. Changed what keeps me very much in this situation and you probably know it too if you look at collapses now the whole system would collapse and belarus would follow and everything would be put back years well maybe s
We bring you todays market moving news from around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to begin with china. The government has agreed to cut import tariffs on a wide range. F goods joining us is stephen engle. Break down what we know about the tariffs, why now, etc. Stephen this comes fresh after a trade one agreement a phase one trade agreement. A gesture, yes, to show its lowering trade barriers, but it also wants to spur domestic spending for those 859 products he mentioned, from smartphone parts to food, in particular, frozen pork. All of these products will enjoy lower tariffs, and it comes as china hosts a critical trilateral summit this week that has already kicked off in beijing between china and japan. South korea will also take part. Trade, territorial disputes, military maneuverings, of course, exacerbated by north thoses posturing, and all historical animosities still persist. So those talks should be welcome. Been korea
Lets look at these markets and our into the european trading day. Stoxx 600 in europe up by. 1 . And even start to the trading day. Evenly divided winners and losers on the European Equity markets. Lacking any direction. Into the u. S. , also lacking direction. We have seen a little bit above the flatline. Not getting a great bicker great bit of direction. A big focus on Central Banks and a u. S. And a focus on u. S. Policy. Titians, ay trade tensions, that coming up. Wrist bank leaves behind five years riksbank leaves behind five years. Is now what we are showing you. We were showing you the norwegian krone. Not to be confused with the riksbank. Bank, we scroll back to what they did there. That was as expected. See a to this picture, we number of Central Banks leaving policy unchanged. They were treated for negative Interest Rate hiking. They were moving in their own direction moving against the cutting cycle for many previous months. We continue to do that. Lets get a new lets get an