Earlier bonds had been higher, as was the case yesterday. Yesterday i was speaking as that is one side of uncertainty. Even though stocks have been higher, bonds higher. On this news around President Trump said to have approved a broader stimulus plan, bonds are now lower. This tells you investors have some confidence a deal may get done sooner rather than later. We have heard so much back and forth on this narrative you will have to believe it once you see it, one something is agreed to and signed if that happens. David it is a little like lucy in the football. It feels like that right now. Thanks to Abigail Doolittle for a report on the markets. We have been looking not just at the polls but at Market Metrics showing how investors are pricing the outcome of the election. We welcome david hunt, president and ceo of pgim. Lets start with the breaking news. We just heard abigail say investors are getting their hopes up, maybe there will be a stimulus bill. Does this get your hopes up .
The stock up close to 100 this week. Is that a squeeze or a fundamental reevaluation . We have seen travel stocks really rising quite sharply this week. Lets take a quick look at the european markets. Theres a bunch of factors i want to focus on, plus a global view of what is going on. You can see what is happening with the chinese currency. 0. 5 ,an stocks up around pretty much matching the gains in the united states. We are watching stimulus pingpong. Italian 10 year, there it is. Some pretty big moves over the last few days. Then weve got what is going on with the chinese currency. China back today from golden week. A huge bid in terms of equities and the currency. Will the pboc squash that one . We will wait and see. Europe focusing on what is happening with the lockdown story and what is happening with the bond markets. Lisa the pandemic ongoing, leaders stepping up to contain the surge in virus cases across the continent. Bloombergs maria tadeo joins us with more. What do we know
People or i took a little heat for it but i do it again let me tell you. Behalf of myself and the 1st lady edges has been really an incredible outpouring and were starting very very big with our rallies or with our everything because we cannot allow our car dream to become a socialist nation we cannot have. A politician freed from prison by supporters just days ago as the new Prime Minister of kurdistan the parliament confirms that is up or off after nearly a week of violent protests over the contested election as a prophet says he expects the president to step down within a few days if there be new explosions in ministries reach new go to karabakh despite a cease fire between armenia and azerbaijan follows a brief holton violence after talks in russia on friday the goal of the truce is to allow the exchange of prisoners and to recover bodies. Brazils death toll from the coronaviruses possum 150000 experts are concerned a 2nd wave could arrive before the 1st one is over the number of c
A freshly agreed cease fire the u. S. President s doctor says donald trump has been cleared to return to work but wont confirm the fees tested negative for corona virus that comes after trump addressed a crowd of hundreds at the white house who spoke of a pandemic disappearing and attacked his democratic rival joe biden. And biden has criticized the trumpet ministrations handling of the coronavirus pandemic speaking at a Campaign Event in pennsylvania he highlighted his plans for the economy recovered 19 outbreak has left hundreds of thousands of americans unemployed more than 200000 have died a politician freed from prison by supporters just days ago is now the new Prime Minister of kyrgyzstan the parliament confirmed so dear jumper over after nearly a week of violent protests over a contested election Charles Stratford has more from bishkek. It seems as if yes certainly the situation is a lot calmer here the smalling but there are a whole host of Unanswered Questions with respect to
A crowd of hundreds at the white house production is set to resume at libyas Largest Oil Field sharon has been closed for most of the year almost all libyan oil exports were stopped in january by warlords for the for half the forces based in the east. Trying to has more from tripoli this comes as the International Community is trying to bridge the gap between the warring sides in libya and this is a step in the in the right direction of course becomes a little bit late last month in september the u. S. Embassy posted that i have to gave a personal commitment of opening of reopening the Energy Sector by september 12th that deadline passed and the oil fields werent open but this is one of the fields one of the most important fields in terms of revenue coming into libya. Turkish cypriot leader mostafa has cast his vote in the president ial election in the islands breakaway north can jos running for reelection was joined by his wife at a polling station in the divided capital nicosia the s