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Europe, up by 2. 5 . Todays number from barclays, very strong. We are going to hear from jes staley a little later in the program, our interview from early round. The pound bouncing around all over the place. We were into 1. 31. I think this is broad Dollar Strength rather than anything else. Take a look at the bloomberg dollar index. Alix rising covid cases impacting the economic data. Composite pmi for the euro area dropping below the 50 mark, which shows contraction. Meeting. O ecbs next joining us is john hardy, Saxo Bank Head of fx strategy. Does 1. 18 make sense for when you consider the rising uncertainty . John of course, the pressure should be on the downside given the covid resurgence. I think the general take on the could be that if we are seeing this democrat sweep scenario, we are positioning for a weaker dollar for some time in the future. Anything looks fair b ....
It to such a pleasure to speak about your book try washington and we the people. Im going to get into the idea of revolution, you say in the book america has been through divisive. Before some followers that we are living through today, with the hindsight of history, we can see them as inflection points, the transitional period between old system that is broken down in anyone with information, are we at an inflection point, absolutely, we are right in the middle of it, to the best example, in 2016 the republican primary, it was a real civil war and the Republican Party that the establishment of republicans represented by jeb bush and others did not get the nomination, did not get the support of the other people, those revolutionary donald trump, the democrats are going to the same thing right now, theyre having a civil war in their party, is it going to be the traditional democrats, is it going to be some outsider, socialist, i ....