Worn surging numbers may undermine a Global Recovery. Plus, we discussed prospects for the u. S. And the wider picture with the atlanta fed president , who joins us this hour. Haidi lets look at the sydney staggered open, the friday session muted compared to the street we have had in asian stocks, asiapacific stocks seeing 13 consecutive days of gains broken by the thursday session, the longest winning streak since 1988 coming to an end. A flat stock a flat start in sydney, kiwi stocks up, muted start in japan spite heavy inflows of foreign buying. We are seeing a further downside when it comes to trading in the futures session. Getting secretary mnuchin speaking at the moment. He is speaking in an interview with Bloomberg News, saying financial conditions are quite strong, that companies that are need grants,covid not that. We heard secretary mnuchin earlier asking the fed to return unused coronavirus money. We will get you more as we get those comments. This is coming at a time when
Narrow their differences. Forecasters dont see a deal before the november 3 election. Well be speaking to the speaker of the house today. Ireland imposes some of the most draconian restrictions in europe. In the United States cases are soaring in battleground states. We are just two weeks ahead of the election. Very warm welcome to you. We just had numbers out from u. B. S. About 15 minutes ago. Manus cranny is interviewing ergio armanti. Manus will be back me with a preview. The interview will be airing on Bloomberg Television at 7 00 a. M. London time, 8 00 a. M. If youre across the continent. U. B. S. Income beat estimates. Were underway with the earnings season. U. B. S. Kicking off with the major banks. I want to show you the close yesterday in the Banking Sector in europe. They close up more than 6. We is that you read of course into u. B. S. The stoxx 600 bank closed spoup 9 . A strong start in europe for the financials. Lets take a look at what were pricing in this morning when
Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments
I dont know the definitive answer. I think n that yes, you are correct. We need to check that and get back to you. Right, my concern is, given everything we know in the short term, i would hate for San Mateo County to act because of that imperative. And then i guess the question is, is it possible, i guess you cant really pass we vote to pass both. That sounds bizarre. Not to say that you want to change your vote and but it there a way for the City Attorney to pass both measures . We prefer no government structure but if there were government structure positions, we support them. We couldnt do Something Like that. I understand this is very unorthodox. As of our meeting right now, and if they vote the Santa Clara County board of supervisors. That impasse is what will prevent the measure from appearing on the ballot. It wont be the action we take no matter what action we take. Because thats what you might call a preexisting condition. And as i said, i had any number of conversations with
When emilys list first started there were only two women in the u. S. Senate. Now there are 26 of us. You allowed so many more women to hold elected office and that made our nation better. They have the power to make a difference. I want to say thank you to Ellen Malcolm for getting this Party Started and im so appreciative ofyour vision. Thank you for starting an organization that brings women together and making this a better place. To stephanie, i am so grateful for your amazing leadership. You have the ability to see what is possible. Thank you for your courage. We will make sure more women are at the table then ever before. Especially more women of color arerunning for office than when it. Id like to see women like me become elected officials in the us in every corner of this country you helped elect new democratic prochoice women to the congress of the United States. So much has been accomplished in these 35years and so much more needs to be done. In 35 years i want to see women