Merkel is said to have warned germany could exceed 19,000 cases in a day. Trump and Joe Biden Square off in the first president ial debate tonight. Bloomberg television and radio will have special coverage and analysis on the headtohead. 6 00 a. M. In london, 7 00 a. M. In frankfurt and 9 00 a. M. In the difc. Differencell it make to markets who wins technically . Tell you what is questionable, who is the greatest of them all . Slightly schizophrenic in the equity market but do you want to walk naked for the next 30 days into an election and be short the dollar . We will take a look at the dollar. Kitties is the carry trade getting unpacked. The short dollar by the e. M. Buy the em. This is the biggest losing trade out there. Bmp into the election, high vol, there will be a better opportunity. The fx carry trade is down nearly 3 this quarter, adding to the dollar. Do you walk naked into the woods into a u. S. Election with no dollars around your neck . Lets talk about the markets, the
Yesterday when it was 92 degrees outside. So, thankfully i have one and it worked. Yay. So, our warmest day moving forward, temperatures up to 30 degrees cooler by thursday and well talk more about that rain coming up and first lets get back to reggie. Mike, thank you. California is entering stage two of our reopening plan and that means today that some businesses in some counties will start opening their doors, but for limited access. So, napa, sonoma, santa cruz and solano will follow the governors order or at least orders close to it in reopening. Abc7 News Reporter amy hol hollyfield is live in napa this morning. Amy . Hi, good morning, reggie. Some Small Business owners say this is a small step but wish it went further. She needs people to go in and browse. Curbside service just doesnt quite work for a shop like this. She needs people to go in and be able to shop. But only Curbside Service will be allowed. The governors guidelines allow for Retail Businesses that offer Curbside Se
In a globalax even push fails. And strong debut. Shares of alibaba began trading kong and the first aboveg day, more than 6 listing price. Our top story this week, uber and its uncertain future in looked. The citys Transit Authority refused to grant the ride a new license on monday. The reason, rider safety. Regulator said uber adequately verify drivers identities. Swiftly responded, saying the decision was wrong. He has said safety is the priority. Uber will appeal the ruling. London mayor says much more with regards to safety. Keen for it to be a hotbed of innovation, for new businesses, but youve got to rules. Y the what is clear is ubers passenger safety has been compromised. Withth more, i caught up eric newcomber. I asked him if the uber app or the technology itself allowed all the drivers not to be verified. Is whethere here drivers in london were able to platform even though they werent sort of the right licensed. Properly and, you know, the city of london says were talking abo
And bogota. We begin in hong kong. Police fired tear gas in the after Central District the shooting of a protester increased tension. Chief executive carrie lam warned of violence leading to a point of no return, and to restore calm. Still anyf there is Wishful Thinking that by escalating violence, the Hong Kong Government will yield to pressure to satisfy the socalled political demands, violence is not going to give us any solution to the problems hong kong is facing. Alix 20 me on the phone from hong kong is joining the on the phone from hong kong is caringly is karen leigh. Walk us through what happened over the last when he four hours. We heard carrie lam warning that violence isnt going to help their goals, signaling that she will not bow to demands after five months. Of the most violent days weve seen one of the most violent days since protests started. There were clashes between protesters and police, a protester shot by a live round. That triggered a day of violence with these
These are the biggest and the fourth Largest Companies including topix waiting. Definitely going to tell us how much companies are benefiting as well from those twin narratives of the weak yean and airelated booms. You have the nikkei coming online, 1 to the upside so far. Japanese yen of course, we have been tracking that trading. It has been fluctuating, but trading a little bit to the weaker side this morning and moving back up to that 154 mark. We did hear from finance officials in japan early this morning. The vice finance minister saying they are prepared to take appropriate action if fx moves are too rapid. But we have been speaking with different traders saying 165 could be possible by the end of the year. That is the state of play. Lets switch and take a look at korea so far on the session, because you are seeing more moves here to the upside. The kospi up 1. 6 , a little bit of strength coming into the korean won this morning. Reflecting the moves we have had in wall street o