Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active futures in the positive. Shery we have breaking news at
Obtain. What you might see is a bit more bitesized approach to aspects of the trading agreements. To get a greater engagement in a more constructive engagement. You talked about the covid recession. We have had a second wave of covid coming across europe in the last couple months. Indicators of the economy show that is causing a double dip in many economies in terms of activity. Youhelpful you are are that we could have a fast recovery this time around and see that vshaped recovery people have talked about . I think the vaccine is going to be a very important story for the 2021. From the irish perspective we moved early on in the early the second wave, the Second Lowest interest in europe now. We are doing very well in terms of the downward trajectory of caseys. Of cases in hospital and icu. Somewhere at the end of this month we move out of what we call level 5. Our schools of state construction has stayed open. Our domestic economy. Our investment side is doing very well. Science and
And we lead the program with the latest development in the treatment of copa 19 in the u. S. Food and Drug Administration on monday authorized emergency use of eli lillys experiment mental antibody treatment. Thats balm let me be mocked the f. D. A. Said the emergency use authorization was given based on Clinical Trials showing the drug reduced the need for hospitalization or emergency room visits and high risk tobit 1000 patients now the regulator added that it can be used now for treating patients over the age of 12 with mild to moderate symptoms but cannot be used for patients who have been hospitalized due to cope at 19 lilly is hoping to supply as many as 1000000 doses of the treatment in the 4th quarter of this year now the u. S. Government previously made an agreement with the drug maker for the early supply of the medication on the news lately stock was up as much as 4 percent throughout the day. And following the news that pfizer bio and texaco but 1000 vaccine candidate showe
Joe biden, to be president elect someone thats not words, final vote, determination. And we arent there yet once the election free and fair. And what is the possibility of the country election . And this is boom, bust of the one business show you cant afford to miss boring. Washington coming up. The developments in the field of cope with 900. 00 treatment continue to roll with the f. D. A. Has approved a major anybody treatment thats straight ahead plus markets are still on the move following positive vaccine news coming up, we analyzed the wave of stock stories and where this rally could lead, and later amazon is facing the hot seat in europe as the block has moved to open a new investigation into the ecommerce behemoth with a packed show today. So lets dive right in and we lead the program with the latest development in the treatment of copa 19 in the u. S. Food and Drug Administration on monday, authorized emergency use of eli lillys experiment, mental antibody treatment. Thats balm
Its on fire again. 3. 8 gain yesterday can something similar, up to and half percent again today. Why the big rally . Leader mcconnell says there will be a stimulus package probably this year and that helps. Divided government means no big tax hikes or green new deal, that helps. The fed will most certainly keep printing, so check your 4o1k and a smile. Lets deal with the election, the president ial winner still in doubt. It will come down to four battleground states, pennsylvania, North Carolina, georgia, nevada. Its close in all four states in the trunk team will go to court to make sure only valid votes votes are counted and we expect an update on the count in nevada. That state may be called today. Watch las vegas, 11 30 a. M. , but from campaign may be filing a legal challenge there also. This is the place to be if you follow money on politics. Varney co. Is about to begin. Stuart i wanted something more upbeat and lively with the market rally to die for. We will try next hour. Th