Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover
Michael oleary has to say about that and new numbers from the change Research Survey on the american electorate right now. It is tuesday, november 24th, and this issed Worldwide Exchange right here on cnbc god bless you please mrs. Robinson Heaven Holding a place for those who pray hey hey hey good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Maybe i should say whenever in the world given the time zones im Brian Sullivan it is looking like another strong day for stocks. Futures are up big, do y dow fus up 275, nasdaq up 47 obviously the market has a lot of momentum and new money coming in behind it you have more vaccine you news, it will tend do that when you are talking about saving humanity and on top of the vaccine maker, watch shares muof regeneron, th government starting to distribute its antibody treatment to american hospitals today starting with more than 30,000 courses very good news as hospitalizations in many states
Is theail sales number only surprise i suppose. Juliette that is quite interesting given this had been this consumer driven recovery and the positive numbers we have seen and domestic travel. Gold is a miss. Still seeing the incredible strength coming through in offshore youuan. Onhave been seeing a risk momentum coming through in equities across the region. Signing havinghe a positive boost to markets. We are seeing momentum on the asiapacific index. It is going to close at a record high. When we look specifically at Chinese Markets themselves, we did have the csi 300 already near the fiveyear high. The csi 300 a little weaker, down by a 10th of 1 . Korean airlines coming out and saying they are going to to buy. 8 trillion yuan an airline. Raising 2. 5ng to be trillion. That is a bit of corporate breaking news. Lets get over to julia. She is at jp morgan. Thank you for joining us. What was your main takeaway . Controls glance have been maintained. Still looks like their recovery is pr
The most important issue. The blur of information we are getting, the effect on the markets, the effect on the nations politics, it doesnt matter. The pandemic statistics, the cases, the hospitalizations, and yes, rising death rates are front and center. Jonathan couldnt agree more. The conversation is so familiar to everyone sitting in london, in europe watching this play out. You start at 10 00 p. M. Curfew you start to limit dining. Then what . That is the concern for a lot of people this morning. Tom im going to use the hands up. That has proven so effective on radio worldwide. Think of it like three hockey bucks of death in europe. Inis only one hockey puck the United States. Europe is way out front of this, and i am frightened by the idea we will begin to see the deaths expand. The other thing i am frightened by, lisa takes a day off, and rumor has it she left day bear, and i think shes returned a bull. [laughter] jonathan lets see how long this one last. I reckon we can get to a
Dont care what going on with the communities. Man 2 any activity by human beings will somehow, you know, like, change the ecosystem that we operate in. Zulu where the guys work, its way, way, way too far. I think we canabout 1. 5 kilometer. Man, voiceover yes, south africa does have mountains of coal, but we also have mountains of asbestos, and we decide to leave asbestos in the ground where it belongs. Man 2, voiceover where the coal mines and the power stations are located is amongst one of the most polluted areas on earth. Man 3, voiceover a very, very large cost to coalmining. Youre basically signing death warrants for people who live there. Zulu the people here are working just to put food on the table. There, they just have to survive. [camera lens clicking] announcer earth focus is made possible in part by a grant from Anne Ray Foundationa margaret a. Cargill philanthropy the Orange County community foundation, and the farvue foundation. [distant rumbling] man and weve got 17 co