Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
Francine i agree. The sports angle is extremely significant, and i hear more people say what does it mean for the future . If you have so much power and are able to bring so much pleasure to so many people, that seems to be the future of where this is headed, unless we get a vaccine. I was looking forward to seeing about inflation and if the Central Banks are right in saying we shouldnt believe all the hype, or if we get a vaccine, even if it is quick, it will be a cureall. One of the things we will explore further in this hour. Tom election 2020 is still ongoing. And somehow weekend stagger through the holiday season. You wonder what the news flow will be about 8 00 p. M. Tonight within the United States of america. In new york city with our first word news, here is karina mitchell. rejecting President Trumps claims of widespread voter fraud. They say last weeks election was the most secure in American History and there is no evidence any Voting System deleted, lost votes, changed vot
The news flow in the United States and the pandemic i dont believe i have ever used this word before, it is just grim. Abi did in april. But the headline this morning maybe i did in april. The headline this morning is that we have a president. Just as importantly, as you mentioned, the Chinese Government has commented on this. It will be fascinating to see what President Trump does today and into the sunday talk programs. Francine and absolutely, we will see the executive order. I was looking at security briefings, which is something i know you want to talk about and is very significant at the moment. A security briefing for the president elect. Lets get to first word news in new york city. State and federal Election Officials are rejecting President Trumps claim for widespread voter fraud. They say that the election was the most secure in american history, that there is no evidence that any state lost votes, changed votes, or was, must. China has congratulated joe biden and Kamala Har
Vaccine. I love what Greg Valliere published minutes ago, where he says this is a humanitarian crisis, and another word he uses in his terse note is acceleration. Not only acceleration of chases and deaths, but this is about the medical industry and the hospitalizations. Peter hotez scheduled to be with us later this morning. Jonathan in various places around the country, the Health Care System is being overwhelmed. The caseload has gone from about 77,000 at the start of this around 150,000. Silent, anduse is congress isnt looking at a fiscal package right now. They are looking at nominating judy shelton to the Federal Reserve. For this market, the policy focus isnt there. Tom what is interesting is the incongruence of the president and the care he got at walter reed, whereas from sea to shining sea, it is not happening. I cannot convey the strangeness of american media, election, election, election, and below the fold is here is the mass of the pandemic. Jonathan weve got a crisis. In
Rose. Microsoft saw a better First Quarter revenue, helped by demand for Cloud Services as more people work remotely. Sales through september topping 37 billion. Melbourne, the merge from a melbourne emerges from a strict lockdown. Ours and restaurants are reopening, even home visits are allowed. Shery lets get you started with a check of the markets. U. S. Futures opening lower, down. 4 . This after stocks fell to a three week low in the regular session. We had cyclical stocks taking the brunt as virus cases continued to climb globally. We have the nasdaq composite pulling back of yesterdays losses on the deal around amd. Durable goods orders coming in better than expected. Lets see how things are shaping up for the asian markets. Here is Sophie Kamaruddin in hong kong. Sophie we are seeing losses continue here in asia. Chip stocks very much a focus after amds deal to buy. Earnings. We have results from sony, zte, as well as budweiser asia to name a few. And a straley or, we have had