Southwest england for an animal hunted to extinction 400 years ago is making a comeback attracting tourists and helping to reduce flooding. Welcome to the program our top story this hour tributes are being paid to u. S. Supremes Court Justice Ruth Bader Ginsburg has died aged 87. 00 while many are remembering her legacy as a champion of womens rights a political fight is also brewing over what happens next republicans want to name her successor immediately President Donald Trump is tweeted hell do so without delay but democrat challenger joe biden is saying the next president should decide alan fischer reports. Became tilly tributes to pay their respects to mark the passing of a woman few here knew but all respected a loss they felt personally even if Ruth Bader Ginsburgs decisions from the Supreme Court mean not to touch their lives she was physically small but her presence loomed large on the court she was a blunt talking liberal who often challenge her conservative colleagues on the
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And the couple of months. Togetherr euro coming to make the short term inflation outlook for the euro look a worse. Alix even though the words she said we might have heard before there is debate developing for the ecb. Are they going to be reactive or preemptive . That really hinging on inflation targets. Maybe we will get more on that over the next couple of days. In the markets, a fierce rally in europe, the u. S. , a lot of money pouring into tech. The nasdaq 100 futures are being shorted by the most since 2006. Pop. E seeing a last week it was about the stronger dollar and now you need to sell the dollar top. Yields go nowhere, oil goes nowhere. Now ofraho joining us ubs. What the ecb says, what the fed says in stark contrast to stimulus. In the u. S. , there is giveandtake on either side. What happens if we do negative stimulus deal . Jason the fed is going to be reactionary. We are fairly optimistic about the economy. Howell said he was on the optimistic side poweel said he is on
End. Reversing what we saw last week, 128 handle on the cable rate. We saw bank of england pushback earlier. Eurodollar, we are trying to get a 116 handle. 11645. The virus is setting the tone for growth in europe. Global covid19 cases are topping 33 million. We are nearing one million in death. Angela merkel warning germany could face more than 19,000 cases by christmas. The u. K. Health minister refused to allow more restrictions despite lawmakers pushing back against government curbs. Joining us from brussels maria, what have we learned about restrictions from different governments . We havent really seen anything new except for what was already announced last week. It has deftly changed in terms of perv Public Perception and tone. Story making headlines across europe is that warning from Angela Merkel that she is concerned about the virus. She is concerned about the number of cases we could see heading into winter and flu season. You have that number narrow there at 90,000 perhaps
Sector trading higher and you also have the tech sector higher , both up more than 1 . You want to see those financials and Industrial Companies take the lead and that is exactly what is happening today. Another way of looking at that is the reopening trade is doing well, even as this years defense is holding its own. David the one thing that does not move at all our bonds. It seems like the fed has nailed those to the floor. Abigail it is amazing that we have had bonds trading in this range. It does feel that the fed they have even said they have nailed them to the floor until 2023 unless there is a risk off scenario that would cause a bid to bonds, which would mean yields would fall lower. You may see yields hang out in place. It is interesting, your point is proven today because you have the major averages up more than 1 , up for a third day in a row and yet bonds are basically flat. On a day like today you would want to see bonds selloff. That could also signal anxiety around the d