Everyone here is really waiting with baited breath on who the president of the United States is. We understand through the counting that joe biden could win it. It is razor thin, but we dont know for certain. The markets dont expect some kind of surprise, which is why they are stable and up. The other story is the bank of england, talking possibly about negative rates. Although, not for now. Guy johnson in the conversation with the governor talking about the Downside Risk. I think we have learned earlier this year with thoughts of covid, that we act both andkly and we do at clearly scale. We have a very substantial genocide risk on the forecast, and a lot of that relates to how covid itself will evolve. The bank ofernor of england. Extensive comments on this. Really important interview, mr. Johnson, with Nestor Bailey on the bank of england. I should note, sterling rallies nicely. Some of the headlines this morning are pretty shocking. Let me do a data check. Jonathan ferro just emaile
Are made after winning the fda approval. Linda severe is the first to gain fdarst approval. President trump used it when he had the coronavirus. Lets see sydni joining the fray and this fridays session. Week ofto the last trading. We are seeing pretty modest gains at the start of trading. Under 1 10. The aussie dollar is showing strength. Broaderitting against a drop kiwi stocks are just moderately. Going out to stir up merck conversation as to when they would feel to take a break and negative territories. Markets are looking at that in the early part of next year. The kiwi dollar is holding firm. In terms of what else we are watching, and the japanese markets, we are seeing a pretty lackluster start to trading there. Singapore is expected to drop a little bit later as well. Story,to our top President Trump and joe biden are preparing to face offer a second and final time. Their last debate will be in nashville in a couple of hours. The biden camp is saying that they are repaired for p
Territory. The week has had news of ashares cell a share sell. China puts money on chips to counter rising pressure from washington. It has the same level of backing as the Atomic Program enjoyed years ago. Sophie lets get a check on the set up in asia. Some much awaited pullback on wall street. Asian stocks look set to fall. 1930still Holding Around levels and the yen above 106. But when it comes to stocks in china and hong kong, a drop is productive at least 1 . Softbank is said to be considering a bid for tiktok. In the Semi Conductor space, news that china is planning to support the domestic industry, which launched a billiondollar route in u. S. Chip stocks. Also in south korea, watching for any details of a potential in thecash handout budget that could be announced this weekend. A snapshot of the u. S. Close, the s p fell the most since march, and it was the biggest sincefor the s p june, the biggest drop for the nasdaq since march, with apples market cap falling below 2 trillio
Company ipo in a year, if approved by President Trump. Is this ride hailer. Eeking to shore up cash haidi lets look at how we are setting up for the final trading session of the week in asia. After a pretty lackluster session, we had u. S. Stocks passing some of those parsing some of those losses, still dropping for a second day but finding support after bouncing off the 50 Day Moving Average on the s p. S p futures seeing a little positivity on the u. S. Fridays session, about 0. 2 higher. Tax leading the client is apple, facebook and peppe microsoft are weighing on declines. We saw a Little Movement in treasuries as well. In asia, the nikkei 225 is seeing an upside, 0. 1 when it comes to futures trading in chicago at the moment. Dollar weakness yen strength will be an issue, the. We have the yen appreciated to the strongest level in six months across broad dollar weakness. The u. S. Dollar index falling for a fifth straight session. We are also keeping watch on the dollar and how it
The president pro tempore the senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Our father, may your name be praised. Lord, use our senators today to permit justice to rule in our land. Remind them that righteousness exalts a nation, but sin is an equal opportunity destroyer. As our lawmakers strive to do your will, reward their faithfulness,. Illuminate their hearts with your wisdom and love. Help them to remember that the entire ethical requirement is fulfilled by loving your neighbor as you love yourself. May this love for those in need hasten the day when justice will roll down like waters and righteousness like a mighty stream. Continue to be our strength and fortress, sustaining us with your amazing grace. We pray in your merciful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for w