Washington ramps up pressure on beijing. Goldman sachs raises billions for a new fund to focus on private equity. The move comes amid rising interest in secondary investing. Haidi lets look at what the day has in store at the sydney open. We are expected a muted start to trading in asia after downward pressure coming from the u. S. Session overnight. Restrictions continue to take place to curb the the Coronavirus Spread we are starting to see accelerate again, even as we get further good news on the vaccine front. Trading marginal. The u. S. Dollar held to the lowest we have seen since april 2018. We are also seeing the aussie dollar on the back foot. Nikkei futures look like they will see a muted start to trading. Shery lets get started with good news on the vaccine front. Pfizer says final Data Analysis shows its covid shot is 95 effective. The ceo of its german partner told bloomberg about plans for mass production. Our goal is to supply up to 50 million doses by 2020 which andd go
The most groundbreaking treatment for covid19. The maker of new antibody technologies. More than one Million People now dead from the disease worldwide. Welcome to bloomberg technology. Markets rallying today, tech again leading. Joining us now, abigail doolittle. We were talking about a rally at the end of last week. Is that now going to extend through this week . Abigail it certainly did today. It was not just tech. Rallyeadth of todays possibly more impressive than the size. The nasdaq over this time, the best three days since april. That is the degree of the buying power. Really helping out the nasdaq. Again, very solid again. It was driven last week by apple, which put up its first up week since august, claiming back above the 50 day moving average. The fundamentals not changing so much. Perhaps more technical selling after some technical buying in august. I was mentioning the breadth. Very well. Apple up 2. 4 . Tesla continuing its rebound. Disappointment for another day, up 3. 4
Reach an agreement on a nearly trillion coronavirus response. Bill what we have a basic philosophical conflict, democrats blocked republican proposal oregon senator jeff merkley calls it a slush fund for big corporations like the Airline Industry so theyve invested 50 billion in profits during the good times and buying their own stock. And giving huge bonuses to to their their management. A bad time they want to see what the public bail us now republican senators say bipartisan negotiations were going well until House Speaker nancy pelosi showed up back in washington and got involved and angry senator john thune of south dakota said the bill included many provisions democrats walk like direct checks for americans increased Unemployment Insurance and money for Small Businesses to pay their employees that right there is billion. Going to workers. Soon says there is 500 billion worth of money for big corporations but stresses that money will be given out as loans and they all higher milli
Facilities to the breaking point and another shocking elderly people are found to bandon to damage care homes some of them dead in their bags. And britains Prime Minister shuts down the nation to try to stop the spread of the virus that comes after a pictures like this showing that people still havent gotten the message about social distancing. Im sumi so whats going to thank you for joining us the Tokyo Olympics in july will be delayed by a body year because of the coronavirus japanese Prime Minister shinzo abbay says hes agreed 100 percent with the president of the International Olympic committee that the games should be postponed the decision follows months of debate and pressure from athletes and across the globe. When tokyo was awarded the games back in 2013 the coronavirus was just a Dystopian Nightmare fast forward 7 years and the pandemic has gripped the globe. At 1st the japanese government and the International Olympic committee insisted the show must go on but doubts about t
Are found abandoned spanish Nursing Homes some of them dead in their backs. And a sign of hope the chinese province where the coronavirus pandemic began prepares to lift travel restrictions after a 2 month long. Im sumi so whats going to thank you for joining us the Tokyo Olympics in july will be delayed by about a year because of the coronavirus japanese Prime Minister shinzo abbay says hes agreed 100 percent with the president of the International Olympic committee that the games should be postponed the decision follows months of debate and pressure from athletes across the globe. When tokyo was awarded the games back in 2013 the coronavirus was just a Dystopian Nightmare fast forward 7 years and the pandemic has gripped the globe at 1st the japanese government and the International Olympic committee insisted the show must go on but doubts about the games starting on july 24th began to rise athletes such as greek pole vaulter catarina stephanides made it clear they were uncomfortable