Stepping down after arguments over strategy, the bank prepares its search for his successor. Morning, under one hour until the start of cash equity trading. Equity markets under pressure. The futures picture shows relief. Ftse futures up 0. 4 . U. S. Futures point to the upside, up 0. 8 . Global stocks up 12 in november, the biggest monthly gain on record. Lets not forget that will me think about the losses yesterday and the rally he will maybe see today. Greens what we see now, a picture and it comes to the asian stock markets. Data from to take asia whether chinese or korean on the factory side. Be taking aems to turn for the better. In china a decade high for chinese manufacturing. Up on thed enthusiasm, and commodities in focus. Oil prices moving to the downside for a third day. No deal yet on opec and opecplus, and their plans for january. That will be a focus on thursday. Lets get a first word news of eight. Laura president elect joe biden has chosen janet yellen as his treasury
The formal application caps a period of speculation that this would be occurring. We are seeing pfizer in premarket rise nearly 2 , biontech down. 3 . Interesting to see how this is confirming what a lot of people have expected, but adding to the risk on feel that we are seeing in markets today. The sense we are going to move past this period that has been incredibly painful economically, as well as socially. Francine lets get the details from fan from sam fazeli from bloomberg intelligence. The news is out. How quickly can some of these clearances be given . Sam good morning, francine. Fdahe u. S. We have the meeting coming up on december 10. It is possible they move on that pretty quickly the next day or the day after. And then in europe, this is the combination of a process that started off sometime in early october where the companies have been filing their manufacturing , and there is no new data in the press release. So it is possible that we should get a European Response by bef
Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
However, he and mrs. Baker contracted covid19. Im pleased to report that they now have covid19, the illness, in their rear view mirror. Today, the secretary will be interviewed by talmage boston. Talmage in his own right is a highprofile persona in texas and across the nation. He is a leading trial lawyer. He is known in our profession as what we call a goto lawyer or a super lawyer. Talmage is also a historian, and he has a special focused interest on the qualities of leadership in the public and the private square. Recently, he authored a book in which he sat down with authors. With president ial historians to examine the qualities of leadership that have characterized various United States president s. Im also pleased to announce this is the sixth lecture in the star federalist papers lecture series. The lecture series endowed by john and marie chiles in honor of judge starr is where we can is intended as a vehicle in which we can learn more about the federalist papers and the role
Conference. However, he and mrs. Baker contracted covid19. Im pleased to report that they now have covid19, the illness, in their rear view mirror. Today the secretary will be interviewed by talmage boston. Talmage in his own right is a highprofile persona in texas and across the nation. He is a leading trial lawyer. He is known in our profession as what we call a goto lawyer or a super lawyer. Talmage is also a historian, and he has a special focused interest on the qualities of leadership in the public and the private square. Recently he authored a book where he sat down with authors. Im pleased to announce this is the sixth lecture in the star federalist papers lecture series. The lecture series endowed by john and marie chiles in choernhonor of judge starr is where we can learn more about the federalist papers and the role of the federalist papers and the ratification of the United States constitution. The papers were authored from 1787 to the time of the ratification of the consti