Away. Knife edge. Brexit talks near a compromise on fishing, leaving the level Playing Field the biggest obstacle. Can the side to get a deal through today . Sanctions hit sentiment. Stocks and futures flip as the u. S. Is said to add more chinese officials to a blacklist and the rollout begins. Coronavirus vaccines start in the u. K. Tomorrow. The u. S. May follow suit by the end of the week if the fda gives emergency and approval emergency approval. I have been away for six weeks on paternity leave. It has been fantastic. Not much seems to have changed in terms of markets. We are still in crunch time. We are still looking at covid infections rising to alltime highs. We are still looking at u. S. Stocks rising as well. I guess the vaccines is the hopeful sign. Maybe this week, the good change we have all been waiting for in 2020. On return, everything has changed and yet nothing has changed. Certainly new information. That has been a real game changer. But we are still as you say at c
Fears. Republicans are sounding more optimistic about fresh fiscal support while u. S. Virus cases spiral. Good monday morning. 6 00 a. M. In london, 7 00 a. M. In brussels, where brexit negotiations are taking place over the weekend. Lets see where we trade this monday morning. We did not get a brexit deal. What we do see after the friday rally, the s p 500, the doubt, the russell the dow, the russell, all hitting new highs. The u. S. Plans to add sanctions on about a dozen chinese officials. The msci down about 0. 2 this morning. Many futures are down 0. 3 . 10year yield on friday inching closer to 1 , a level we havent seen since march, steepening on the t the largest steepening since 2017. This is on fresh stimulus talks. The pound, we saw some softness. The pound is the barometer for brexit, and brexit negotiations resumed in brussels yesterday. Signs one of the biggest obstacles to a trade deal is close to being resolved. U. K. And eu are hoping to finalize the deal, but another
Cnbcs karen cho is here to report on the largest trade deal for china and excludes the United States. The meeting happening now could reveal whether the Tokyo Olympic games could take place or be postponed again. Im frances rivera. Im valerie castro. A team of four astronauts safely lifted off and are on their way to the International Space station as we speak. This mission marks the new era where spacex will happen nasa. Tom costello joins us from the kennedy spa Kennedy Space center tom, good morning. Reporter good morning. A phenomenal experience yet again as we watch the Spacex Falcon 9 rocket topped with the space ship that the crew has dubbed resilience. Lifting off the pad at 7 27 eastern time a perfect, perfect evening launch here into the night sky coming up the entire east coast of the United States accelerating before finally dropping off its various stages well on its way now to intersecting with the International Space station hoping to meet up with the space station about
Well, i dont know is motive, but i just think its totally irresponsible. Faces outside the white house with the latest. There are those around joe biden who believe that perhaps he should head to the courts and make the trumpet ministrations start the transition period. But theres a couple of difficulties for that. One politically, joe biden doesnt want to do that. He wants to be seen as the guy who can work with the republicans and thinks, taking court action. We cannot fit into that narrative. The 2nd thing is, the one thing of the law is a bit woolly. Theres no exact date of when the transition must start and therefore you really dont want to go to court unless youre guaranteed of a significant when. So what hes hoping to do is put political pressure and also hope that Public Opinion will force the trumpet ministration into moving towards the transition. Never far from the chamber of commerce, which tends to support republican candidates. Its been very clear, it thinks that delaying
A potential gamechanger. Its really getting labquality testing at home. Reporter an athome nasal test promising to give you results right there in 30 minutes. Developed by emeryvillebased lucira in connection with sutter health. Its aimed at both worried customers and doctors, both of whom want easier, faster results. Faster testing, getting results quicker will help you be able to determine where people should be and help us get the pandemic under control. Reporter the fda approved test will cost 50 and youll have to get a prescription from your health care provider. Sutter Health Patients will be first to get them. Doctors can also perform the tests on their patients. Some say its what theyve been waiting for. Others say theyll wait and see. I think that would be fantastic. Assuming its reliable. Personally, i wouldnt trust it. Simply because . Simply because its not a professional administering it and i would want a doctor. Reporter the timetable as it stands now is the tests are ex