Saying china is the greatest threat to democracy worldwide. The u. S. The bloomberg u. S. Dollar index. Crude getting a lift after an opec agreement that came through. Theyre going to be keeping curbs in place in terms of production but we could see on a month by month basis some of those curbs being removed. Agrees to ease cuts more gradually. Gold about 1 10 of 1 lower. Bitcoin using some of its sheen and declinings extensive 1 . With all that in mind, lets find out what is happening in new york. Karina we start with the news on pfizer. It slumped on reported may ship only half of the vaccines it planned to this year. Issues supply chain will cut it to 50 million. Anthony found she is taking the u. K. For rushing to clear the pfizer vaccine. Moderna claims it shows what it claims is durability. Republican Senate Majority leader Mitch Mcconnell is calling for a smaller more focused stimulus package for the u. S. Economy as democrats scale back demands to find a route forward. The base
Where democrats on the House Judiciary Committee look at the Trump Administrations response to the Coronavirus Spread in u. S. Prisons and jails. This will minimize any interruptions or noise. Im want do have my video feed on during the entire roundtable, but if you prefer to participate through just audio or if you would like to be visible only when it is your time to speak, you are welcome to turn off your camera at any time. I want to briefly explain how this will work. I will make a few opening comments, then chairman nadler will make a few comments. Our guests will follow with brief opening remarks, then the members will have opportunities to ask questions. This will allow for an informal giveandtake between members and our guests in contrast with the more rigid rules that apply during a formal hearing. I appreciate everyones time and i hope we can manage it efficiently. Im budget limit myself to just a couple of questions and i hope other members will also. I hope we can have a g
Tracking here defying concerns for investors. We have seen a big advance from the 18 1989 peak from last months and onward past the 40 saddles and the 40,000 mark. Despite concerns investors thought the gains were too rapid. You had the rsi above 80. It has been above 70 for almost three weeks now. Certainly in overbought territory, perhaps, from that indicator. Still we are above the 40,000 mark for the first time, very much erasing taking us all back to the levels we were at, as we said, during the early 90s when you had that bubble bursting. Japan, the gains you are seeing in the session, the nikkei up point data presented broadly. We will be watching that one. To Holding Around 150. We know that that weakness the yen weakness has been supporting Japanese Equities given the large number of exporters. Company profits up 13 on the year end sales as well increasing, and positive indicator lending to Japanese Equities. Now, not to forget. As you said, japan, the focus on Corporate Gover
Street, pretty lackluster. The bond market is where the action is. Us the flattening of the yield curve taking place. There is almost this final push for this to happen. Yield on to an tenure treasuries just 50. 6 basis points, closing to this decade low which is reached on december 6. A small part of this really coming from markets shifting to a new benchmark, one of the biggest single session shifts. The final flattening push, it appears to be Money Managers that essentially want windowdressing to tighten up their portfolios before the year finishes. That is the bond market. A look at what is going on with the start of the trading day at singapore, taipei, and kuala lumpur. Its get a look at what is going on and how things are shaping up. Lets kickoff with the open in besti with clocking the they in two weeks, continuing the advance. The years games have not been able to claim the 11,000 mark given some investor caution around iphone sales. We see stocks under pressure, and in kuala
Chinas most powerful figures meet in the new year to discuss the First Amendment to the constitution since 2004. Details no details on changes but saying the decision was made on wednesday. The constitution was first adopted in 1982 and has been revised four times since the commonest Party Central committee reviewed will review amendments later in january. Hedge funds may be the big losers on some investment returns in china. It takes effect on january 1 and is part of a broader shift in the Companies Pay tax. The worlds second in the worlds secondbiggest economy. Chinese hedge funds are already under official scrutiny. Neutral funds are partly exempt from the new charge. The world most valuable spirits maker has a bullish view of this year and next. The price ofse corn liquor by 18 next year, the biggest hike in five years. They want to grow revenue by 10 in 2018 and expect total profit to have risen by almost 60 . A new gallup poll finds President Trump beaten by his predecessor is t