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Recovery strengthening, thanks in part to a pickup in Consumer Spending. Has fresh hotp bind moves against beijing in the final weeks of his term. Eu are inks with the a crucial week. The u. K. Prime minister will have to amend his busy schedule. He is not isolated he is now isolating from coming into contact with a lawmaker who tested positive for covid19. Are at a juxtaposed moment. I concede nothing. There were many tweets, but that was the conclusion. The president concedes nothing versus the virus raging in the United States of america. But the president elect has a message for now. Lockdown, and thats critically important to sentiment. You look at michigan going into a partial lockdown. To that agenda . I will turn to the right camera. Trust thenley says recovery. Thats what they want you to do. Sell the dollar. Get all in. They want you to be overweight equity, corpo ....
Highs on the news with the money flowing to value and cyclicals. Havens are clawing back some ground today. Retaliation. The European Union will impose tariffs on 4 billion of u. S. Goods starting today. The eus trade achieve calls on both sides to drop countermeasures. A very good morning. If you think about it, we had that tantalizing, parabolic move, i would say, in this market yesterday evening. I was here late. Isar rationing around the markets i saw rationing around the markets. This morning, we face i suppose reality. Feels like a massive night out and this morning was a bit of the hangover reaction. Michael purves says it perfectly, talking about the vulnerabilities of the vaccine narrative. If the republicans gain control of the senate, this is very much so for them less onerous to want to do a fist lee onus less onus for them to want to do a big fiscal package. Lets take a look at what we did see yesterday, that euphoria ....
The uncertainty is out there in the election and particularly on pandemic news worldwide. Jon ferro, we are touching 50 on futures. On radio and tv, we will do more data checks throughout the hour. Rro in withn let fe his famed cross asset that a check as well. Three big figures out on vicks. What is the data on the screen that matters to you right now . Jonathan i just think the news flow out of europe has hijacked the whole agenda morning. The data is looking at the banks and bank equities, particularly in europe. I think the banks this week are down 6 , 7 in europe. Thats where the story is, more restrictions. Macron a little bit later this evening. Reports out of france suggesting a onemonth lockdown. Chancellor merkel talking about proposing restaurants that proposing closing restaurants and bars for a month talking about proposing closing restaurants and bars for a month. It is winter now in europe. That the idea right now not only is the virus increasingly severe throughout euro ....
Donald trump says voters cannot trust joe biden to navigate the coronavirus or heal racial divisions. Some like it hot. Treasury yields jump as jay powell says the fed will move to a more relaxed approach on nation. Global stocks had for a fifth week of gains. The s p closes at an alltime high. With emergencyt clearance in the united states. The Trump Administration is said to be buying 50 million worth. Good morning from the city of london. Tokets waking up in asia what powell did yesterday. This average of inflation, although economists are skeptical on how they will achieve it. We heard from donald trump, he has accepted the nomination and he wants to cut taxes and increased job growth. Let us look at how the price action is friday morning. 10year treasury yield taking ticking higher. We see a steepening of the curve, the widest in two months. Msci asia pacific continuing its rally. Bloomberg dollar index under crude, we ....