Stepping down after arguments over strategy, the bank prepares its search for his successor. Morning, under one hour until the start of cash equity trading. Equity markets under pressure. The futures picture shows relief. Ftse futures up 0. 4 . U. S. Futures point to the upside, up 0. 8 . Global stocks up 12 in november, the biggest monthly gain on record. Lets not forget that will me think about the losses yesterday and the rally he will maybe see today. Greens what we see now, a picture and it comes to the asian stock markets. Data from to take asia whether chinese or korean on the factory side. Be taking aems to turn for the better. In china a decade high for chinese manufacturing. Up on thed enthusiasm, and commodities in focus. Oil prices moving to the downside for a third day. No deal yet on opec and opecplus, and their plans for january. That will be a focus on thursday. Lets get a first word news of eight. Laura president elect joe biden has chosen janet yellen as his treasury
To work our way through. Let me start with the Michigan Consumer sentiment index. Headline number coming through at 76 point nine, broadly in line with expectations of 77. Current conditions at 87, i had of expectations. At 75. Tions youve got the difficult situation i think the consumer has got to figure out. Do i worry about the here and now and worry about the impact the virus is going to have over the next weeks and months, or do i think about what the vaccine is ultimately going to deliver . Like the markets, i think the consumer is probably having to balance those factors out. Kailey i want to point out housing data as well. The Housing Market has been particularly strong. That does continue. A pace of 909,000, versus the estimate of 975,000. We are getting october personal spending data, and for more on that as Bloomberg International economics and policy correspondent Michael Mckee to break it all down for us. Michael michael it is may the most important number of a lot of numb
Will lead the senate in prayer. The chaplain let us pray. Eternal god, who makes us one, use our lawmakers today as agents of reconciliation. Give them the wisdom to build bridges that will enable Diverse People to accomplish your purposes on earth. Lord, inspire our senators with such oneness of spirit and resolve that they will provide our nation with a model of cooperation. Remind them of the wisdom of matthew 12 25, which states that a house divided against itself cannot stand. Lord, we thank you for giving senator grassley another birthday. We pray in your unifying name. Amen. The president pro tempore please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley i ask for one minute. The presiding officer without objection. Mr. Gr
Ciggal signal that this vaccine is on the right path just ahead, what has doctors so hopeful as america gets back to business. All 50 states partially froe attempting to tase shooting victim Ahmaud Arbery. Hands out of your pocket. Down. Warning, down. This morning what led up to that incident, and why arberys family says its a clear case of police harassment. Seacrest scare concern over the health of Ryan Seacrest after he appeared to slur his words on american welcome back idol. Cynthia and the top 11 right time to turn our attention to there. The left coast, because that is this morning what the popular tv host is saying to assure fans where we find one carson daly he did not have a stroke with millions of families with pop start. Anxious to find out what it is pop start, guys good morning colleges will do this fall were going to start off with my notre dame revealed its students friend Ryan Seacrest will return to campus two weeks fans of the Television Host were left a little worr
We have some breaking news we want to share with you out of orinda this morning. There are reports of an explosion and a fire. Take a look at the map on your screen it happened just before 5 00 this morning not far from the high school. Details are limited this morning. We reached out to officials. Lets show you some video from a resident who said she woke up to the sound of the explosion, came outside, this is what he saw. He was told on the scene by police a popping sound you could hear in the video is a sound of ammunition being set off by the fire. No words injuries or if anyone was inside the house. This story is still developing. We will bring you updates throughout the show. Medical experts say coronavirus numbers for california and the bay area are trending well. 22,416 confirmed cases in california including 634 deaths california ranking number five in the number of total cases after massachusetts surpassed us yesterday. 4867 confirmed cases in the bay area including 133 death