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Higher . Apple, facebook. Pinterest is up 36 today. Take a moment to digest. Romaine they were so quiet on that. I purchase all my thoughts there. Vital farms, the ceo on earlier. Pinterest surging advertisers and users. One of the smaller tech companies. The Advertising Market is interesting to me. Are of the businesses advertising, some are not. If there is another downturn, do they advertise . Do they not . The chiefets get to Market Strategist at prudential. I want to get into the discussion with what we saw. Oing on with the dollar there are pockets that do better with the weaker dollar. Just taking a pullback, a breather. It helps financial conditions. You always hear it has not been networking well, but perhaps it will. The weaker dollar is good for emerging markets, commodity producers, those with heavy dollardenominated debt, the weaker dollar helps them, but ....
Will not. He made maybe that will happen, maybe it will not. ,s you rightly mentioned francine, today the pandemic is again front and center. It is without question a different thursday than it was a week ago thursday, even two weeks ago. Once again the pandemic worldwide, and in selected states in america, really is front and center. Francine it certainly is, and that will be the main themes running through our program. Thats get to first word news with ritika gupta. Ritika good morning. A second wave of coronavirus cases is in the u. S. Texas reported its highest oneday total since the pandemic emerged, and a month into reported, florida 85 new cases, the most in a sevenday period. Still, surges cannot be linked to reopening. A powerful message from Federal Reserve chairman Jerome Powell, saying the central bank will keep pumping stimulus into the economy until the labor ma ....
Ahead of his News Conference there later today. And samsung shares rise as the Company Beats on Quarterly Earnings. Memory chip prices finally begin to climb out of a persistent downturn. It is 8 00 a. M. Across the emirates, 12 00 midday in hong kong. This is bloomberg daybreak middle east. Im tracy alloway. The middle east never has a shortage of news that this morning with iran announcing a seriesf missile strikes on u. S. Bases in iraq, the First Response to the killing of general soleimani, as i mentioned. Reporters are on standby to walk us through the latest developments. What are we seeing in terms of the reaction from the u. S. . So far, u. S. Reaction has been muted. The u. S. Did not release numbers for casualties, and basically, they are still assess ....
Shery President Trumps impeachment moves forward. The house formally notifies the senate but a trial could begin tuesday. Lots of headlines to digest today. Australian markets have just opened. How are they reacting . Sophie investors probably liking to play defensive today. Nudging slightly higher belittle change as it is looking to crack the 7000 level. Futures looking elsewhere just nudged slightly higher at the start of cash trade. Youre keeping an eye on resource stocks. We had would side an update. The Energy Player expecting growth on energy and liquid production and aluminum minors in view as well. Deal isng the new trade the best catalyst for demand. Lets address the board to check in on currencies. We are seeing steady currency markets just below 110. Trading near a july high. Dollar not budging much. Bond moves to the upside. 10 year yield on the upside. Back to th ....
Inventory data at the bottom of the hour. Brent crude holding just below 59 a barrel. Snapping a two day win streak, i would not call that weakness but moving slightly lower. Guy you and i are of the same mind because i think we need to just view the rally that we are getting in equities with a little bit of wariness and weariness as well. We are basically where we were three days ago. People have been getting excited about this rally this morning. I think you take a look at the mediumterm chart, maybe you would get a little bit more perspective about that view. We are up by 7 10 of a percent. European stocks are up a little bit. One thing i will say is the sector breakdown eventually, the sectors that are winning today are the ones that are most exposed. The stoxx 600 up by 1 10 of 1 . We are seeing some of the market currencies, the rand and the ruble trading reasonably strong. The east africa rand is up. Our top turning down to story, china reportedly still open to a partial trade d ....