Bidens agenda. He may have a different tone toward china but there may not be substance. Kiwi rise ind the early asia trading. At some ofke a look these early market reactions. Sophie kamaruddin in hong kong. Sophie we are seeing some risk on tone in australia. The aussie is extending last weeks gain as the greenback has stayed structurally quicker. Weaker. They could test that 650 level this week. The yen, the best week for the currency since midseptember. Softbank results are due this monday. We have nikkei futures in chicago moving to the upside. This after the benchmark rose to a november 1991 hi on friday. That was 37 off the alltime high that was back in 1989. New york crude is gaining ground but still staying under 38 per barrel there. Some pressure may come through in the oil. Is very much in focus after the chaotic week we saw in turkey. That is the Central Bank Governor fired there. Racing for more voluntary they are embracing more volatility there. Joe biden is projected to
Outgoing director close to tell a man will look at his final year in office and his impressive career limiting the last cultural diplomat starts nov 16th on d w with news that a vaccine might be around the corner, you ethical questions are on the horizon. Who will get it 1st . How much will it cost . Will the ritual pole be 1st in line . For the most vulnerable, like this woman here, shes living in a bomb shelter because of the armenian azerbaijani conflict. It is running rampant in these tight corners. Says go to frontline workers who put their lives on the line. Like here at a testing station in frankfurt. Questions remain, especially on the news that brazil has suspended its trial of a chinese candidate vaccine. There are no easy answers. Welcome to the show all this week with talking vaccines and code 19 on monday hughes broke that there could be a vaccine by the end of the year. And americas pfizer. Germanys biotech were 1st to announce successful data from a large scale Clinical
Hello and welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. The shares of alibaba and 10 cent fell sharply on wednesday. Hit by concerns of a new anti trust legislation by the chinese government. Beijing has published a 1st draft of the monopolistic rules aimed at the countrys tech giants. Well, they are not accused of any wrongdoing. Investors fear that new rules could impact their growth in the future. Alibaba shares were down more than 8 percent on the day. That on the same date announced record turnover from its singles day sales promotion. Beijings actions come on the heels of growing regulatory action elsewhere against tech. The u. S. Justice department suing google for antitrust violations last month and European Commission filing antitrust charges against amazon. On monday. Lets go now to our financial correspondent in frankfurt, chelsey de laney. I do not believe that is jealousy. Maybe we can get chelsea up. Theres jealousy. Good morning, josi
Will have to move . Joining us now is the National Security market strategist, art hogan. There it doesnt have legs, it is sustainable, what are we doing . We got business rotations out of growth and into value like we saw in june. It was not durable. We saw it in august. In this latest move, it is probably one we will see presiding over markets probably for the next three to four quarters. I say that because of Economic Sentiment has underperformed for the entirety of this year. If you are to backup the lens further and say how long is the s p outperforming the russell 2000, you would have to go back five to 10 years to see. So you have a lot of reversion to make up and at does not happen over the course of several days area i think the important thing to think about is, what the drivers are. The drivers are an assumption economic will increase activity in 2021 and Market Pricing will start getting that right early. I think that is where we see that, the beginning. Guy that is going t
Thanks so much for being here tonight for one of the most contentious consequential and closely watched u. S. Elections in history thats right Democrat Joe Biden is fighting to unseat republican President Donald Trump and the world has its eyes on america tonight and well be following every twist and turn with our team of correspondents and experts and ill be keeping you up to date with all the results as they come in and this of course is an election played out with america in crisis mode the cold food pandemic is surging and theres a stark political divide and thats raising fears of unrest but turnout is set to shatter all records lets take a look now at deadline day for American Voters. This is what us to mock crissy looks like today huge lines at many polling stations in one of the worlds oldest and largest democracies from chile wisconsin in the north. Through the city that never sleeps. To tropical florida and the south voters seem to have shown up in massive numbers even during