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Lets break it down with mike mckee. Is a it is michael it little bit odd. On the headline, 100. 9 is lower than it was in the month of august or september, rather, when it was 101. 8. You would expect that maybe the present situation would be causing people concern because of the coming closures of some businesses as covid cases spike but the number comes in at 98. 9 at up from 104. 6, up from 98. 9. Turnabouting quite a in the way people are looking at the economy. The interesting thing here is this bemay see is reasonably good news for donald trump because if you are looking at the economy, stupid, as the old saying goes, you are looking at the economy as it is right now, and the economy as it is right now is better. The employment number is something Everyone Wants to look at in the set up to next week. Jobs number is an improvement, so those who think we are going to have a dismal jobs report next week might be in for a surpri ....
1. 30. Immunereally, it seems, in the pound crosses to the brexit headlines. You get a little bit of movement, but not very much on the headlines being generated out of brussels. Crude down 0. 6 . A cautious outlook coming from opec . The virus story front and center. Alix virus cases. Leaders virus cases surging across europe. Leaders weighing options. Italian Prime MinisterGiuseppe Conte is holding a press conference right now, saying they cannot take the same measures as in the first wave of the virus. Joining us with more from roane bloombergs is alessandro. Ndro the milan area has requested a curfew from 11 00 p. M. To 5 00 a. M. To stop the activity, to stop people mingling together and going out for a drink in the evening. This is not enough to stop the spread of the virus. We had almost around 10,000 cases per day daily, below the european average, but still higher t ....
Their q1 a couple of political stories out there on the market and this is what we are looking at for european stocks. At the banks or some of the industries sustaining the surging afterwards shareholder raises its stake. The other thing im looking at sentiment bolstered by enemy. It expects business to improve as far as restaurants as bars and restaurants reopen after lockdown. According to the new york just, President Trump paid 750 in income tax in the 2016 and 2017. That is due to reporting losses of millions of dollars from his golf courses. According to his returns, he paid no income tax intent of the past 15 years. The paper says he has hundreds of millions of debt in the next few years. The president says the report is fake news. President trump has nominated judge Amy Coney Barrett to the Supreme Court. She w ....
Spain is working on a six year plan to kickstart the economy. So there could be something in terms of maybe transitioning as well. We are inspecting the news at any moment, but i think a lot of the markets will depend on what happened in the u. S. Tom we are working on the six hour plan. Knows what will happen in the next six hours. We have to get to the debate tonight in salt lake city, utah. Kevin cirilli is up for the debate. You are right for the opening, this is a big deal. Francine i dont think a Vice President ial debate has been more important. Lets get to first word news in new york city with ritika gupta. Ritika President Trump rocked fedstock market and spurned chair powell by holding stimulus talks, ending negotiations with democratic leaders, saying nancy pelosi is not negotiating in good faith. He said he will get a major stimulus bill passed after he wins the ....
Thisyou need to know on monday, futures advance through the hour. Upures up 0. 7 , dow futures 0. 2 . What i find fascinating is the centralbank action no one is talking about. It is almost as if the Central Banks dont exist in july. Jonathan it is just assumed that they continue doing what they have been doing. The ecb coming up this thursday. The focus is on the variable policy move. That comes from the fiscal authorities in the United States over the next month and in europe. European leaders meeting going into the weekend. Guest after guest lining up the hind a long europe view. Thats going to get the test this weekend. Tom part of the test is going to be the bank earnings. Lisa abramowicz, i guess we have a flat yield curve. I guess weve got a completely odd bond market. How does that benefits the banks . Lisa the answer is it does not. The flattened yield curve is negativ ....