Held as the military takes control. Thousands ofjobs to go online retailier asos buys topshop and three other brands but doesnt want their stores. Well wishers Around The World send messages of support to captain sir tom moore, who remains in hospital with covid 19 and pneumonia. Over the last ten months youve been our inspiration, youve been at the nations heartbeat. We all thinking of you. And coming up on bbc news. Liverpool could be the busiest club on Transfer Deadline Day with the Managerjurgen Klopp looking at two defenders in their bid to retain the Premier League title. Good afternoon and welcome to the bbc news at one. Tens of thousands of people in parts of england are to be urgently tested, after more cases of the highly transmissible South African Variant Of Coronavirus were discovered. Two cases were found in surrey, and testing kits will be delivered there this afternoon. Testing will also take place in london, kent, hertfordshire and walsall. Previous cases in the uk we
Could have here in the uk. Also tonight. The army is out on the streets of myanmar as the military stage a coup months after losing an election. The fake covid Test Certificates with a negative result being sold online. And taking on one of the uks toughest races despite an unexpected medical diagnosis. And coming up in sport on bbc news its transfer deadline day for clubs up and down the country well have the latest, including the man set to join champions liverpool. Good evening and welcome to the Bbc News At Six. Urgent testing is to start in parts of england as the south african strain of coronavirus has been detected in 11 of the cases there is no known link to the country. Its raised fears that the variant is now being transmitted within the community. Door to door testing will be carried out in the affected areas of london, the West Midlands, hertfordshire, kent, surrey and merseyside. Health officials are confident the vaccines will work against the South African Variant but pr
Middle class is getting killed, the middle class is getting crushed, the workingclass has no way up as a consequence. The idea that we are growing, we are not growing, the wealthy are growing, ordinary people are not growing, they are not happy with where they are and thats why we mutts enter must change the presidency now. How can biden and his fellow democrats make the case that the economy is terrible when indicators and confidence are pointing up. A tough case to make, they need to make it because President Trump has that going for him. He says the economy, look at the stock market, some people will say thats not in a measure of the economy but 10000 points and they took over in august. Peoples 401ks are booming. That does impact the middle class. Lets look at other factors, unappointed 50 year low, president obama brought it from 10 down to 4. 7 and some say he jumped on the train, thats the hardest little part, the incremental part to do. Third thing how about gdp, and 2016 we lo
, with the small moves for stocks, it would make sense to look to other clues. Investors look to the volatility index to see whether it is on the rise. Whether these record highs can be sustained. Another volatility index is on the rise. The index in white. Some of them call it a panic index. Year,e in july of last when the s p 500 was carving out new highs, the scio index was high. Skew index was high. Keep this in mind, considering we have the vix low, the skwew s px on the rise after the 500 is at record highs. We have talked about green shoots, and one of the things that backs that up as the resteepening of the yield curve. The spread between 10 year and two year yields rose above 25 basis points for the First Time Since July Caroline july. Inverted fort only a week late in august. There has been a noticeable flattening of the curve. Long head has rallied stronger than the short head. Basis ifpositive by 22 you look at the spreads between two month and five year yields, its a diffe
Shares dropping as much as 6 . What made this company take a turn for the worse the traders are here to break down theout look for in name and a lot of others. Were starting with retailers. That was the story certainly this morning when we were on squawk on the street at the beginning of the trading day, the etf tomahawk tracking the space falling nearly 2 . The worst day in more than a month as retail earnings kick into high gear tonight we bring you good, bad and ugly today. Wow. Sound effects and everything. Retail wreck. Lets start with the gold. Tj maxx bucking the trend closing in the green after a beat on both on the bottom line. But then there was the bad thats home depot. It did get hammered this amp missing revenue expect rations cut the 2019 Sales Forecast but the ugly, that is reserved for kohls, the shares down 19 posting the worst day in more than two years we shall also note we just got results from urban outfitters. You can see it the stock down as much as 14 in the aft