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The venture never really fit his original parameters with oracle, but coming up, why did President Trump ever get involved in banning tiktok in the first place . What gave him the idea . Is it something he may live to regret . We have breaking news on that, and coming up, we have the lawyer who has argued before the committee on Foreign Investment in the u. S. For many both the domestic and foreign clients on whether oracle has the chance to save tiktok by sunday night. Another superstar unicorn coming into the Public Markets the Video Game DevelopmentSoftware Company unity shooting higher on its New York Stock Exchange debut. The ....
Official cash rate being kept on hold, 0. 25 . They are prepared to provide additional stimulus. Just keeping you crossing these additional lines coming through. Monetary policy needs to support the economy for a long time. The economic recovery is on track. The funding may be ready before the end of the year. There is progress being made on additional monetary calls. There has been a rise in unemployment and an increase in firm closures. These lines crossing the terminal now. They kept that cash rate on hold as expected. Just keeping calm and carry on. You mentioned that november review of the Monetary Policy tool. A lot of questions that they will deploy are negative Interest Rates. This is what the market seems to be pricing in. You see that new zealand 10 year yield ever so slightly get into those record those for yields right now at 47 basis points. Lets check the marke ....
Infections heading towards 16 million. Hong kong says the situation is increasingly severe. Has extended the Wage Subsidy Program beyond september to protect the economy from fallout from coronavirus. Shery a quick check of how the markets are trading. We are seeing u. S. Futures kicking off unchanged. This after we saw u. S. Stocks rally amid encouraging vaccine news, this time from the university of oxford and astrazeneca. The s p 500 finished at the highest since february, turning positive for the year. Tech and discretionary stocks outperforming. The vaccine optimism sort of faded. We have a very Competitive Landscape that failed to impress. Risk was revived in the afternoon session following improved u. S. Infection numbers. California and arizona reporting a slow down infections. We still have that stayathome defense rate being back with strength. The under ....
News from california yesterday and have been. ,olatility is a little elevated and we have got a really negative u. K. Two year yield. We were below japan a little bit early on. Slightly better retail numbers, but i have to say a bleak forecast coming out of the obra. Even the medium one i do not think it was positive. What are we going to be talking about . We will be talking commodities. We will chat oil and a little bit of copper and gold. Francisco blanch will be joining us a little bit on a little bit later on, and he is the head of the Global Commodities research at the bank of america. His dash cam weighing in on those commodities commodities. Fargo, citibank and jp morgan with jp morgan the outperform or. What stood out to you. It was something that one of our guests said earlier, validating the thesis that the strong get stronger, banks like jp morgan can use their skill to build up the dominance. In terms of how the s ....
For jobs that coming up friday, it is stunning deliver depression across the developed countries. The labor depression across the developed countries. Francine there is this raging debate we have been trying to focus on bloomberg surveillance for two weeks, inflation or deflation. I think the one thing we need to try and figure out is when does job creation comeback . Will we ever come back to the to what we had even 12 months ago or will a lot of the jobs be lost and therefore you need some kind of schemes to retrain people, to put them in other jobs . How and what the legacy of this covid19 illness will be for how the economy changes is critical in trying to make sure people get back to work. Tom you really saw the tension over the weekend. Prime minister johnson dealing with the United Kingdom and that idea of a locked, certainly, we are that last night from the president at the lincoln memorial. Here is viviana hurtado. Vivian ....