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Im Francine Lacqua. We track the markets and policy. We look at statebystate, the difference between joe biden and donald trump to figure out what will happen overnight. What is clear is we are getting quite a lot of volatility. Volatility spurred on because there is concern there will be civil unrest if certain votes are not counted. There is concern out there in the press we could see civil unrest if the candidates of whoever does not win actually sees people go out in the streets. Stock climbing globally for a is americanbut it president ial election day so currency traders are taking the brunt off for the increased volatility. I spoke with one senior banker yesterday who said in terms of the trading floor, they will have pretty much full staff overnight to see what happens. When i asked about havens, it is difficult, he said, what would constitute a haven. A bit ofee the vix, elevation earlier on. The pound dollar. , for the ....
Hold onto a recent rebound and global stocks head for a second week of losses. The European Union is giving Boris Johnson until the end of the month to back down on his controversial brexit bill. Cable holds at 1. 28. And citigroup names jane fraser ceo, making her the first woman to run a major wall street bank. She faces the challenge that alluded her predecessors, boosting the banks profitability in line with its rivals. Just under an hour away from the start of cash trading in europe. Lets take a look at where futures are pointing here on the dax, ftse, and euro stoxx 50. Futures all pointing down, although slightly lowered right now, with ftse futures off by about 0. 3 . Take a look at u. S. Futures quickly after the drops we saw yesterday, almost 2 drops. We have a bouncing futures bounce in futures. Anna lets have a look at some data out of the u. K. We are getting mont ....
Nasdaq leading gains but european equities hold near the flat line and oil outperforms. Shares of altice soar after news of the buy out of the giant and delist the shares. Rio tinto ceo resigns after destruction of two aboriginal sites and unrest at the miners fallout. Welcome to street signs. Happy friday lets take a look at european markets and how we are trading we have a little mixed picture now. The dax down 0. 2 . The cac around flat line, the ftse mib down. Yesterday, we saw european markets retreat. We did miss that big drop off in the u. S. Session that took place after european markets closed. A little momentum coming off the lower wall street session yesterday. Lets look at the sector weve got Household Goods up. 7 health care, real estate tell come and food and bef a bit of a defensive tilt. In contrast, oil and gas down 1 the worst performing part of the market 5 , insurance, industrials sterling has come under press ....
Quite good. Within the pandemic, it is a big deal. The news flow is extraordinary. But that was not a small item yesterday, that first failure of a phase three trial. Francine absolutely, and the next question is if we do have a viable vaccine, how many will take it voluntarily . We will talk about that in the coming days. Thats get to first word news with ritika gupta. Ritika joe biden says President Trump willingly lied about the threat of the coronavirus for months. The president ial candidate spoke after the president spoke with bob woodward after the president s conversation with bob woodward was revealed. He said he downplayed the severity of the virus in public to avoid panic. The book will be published this month. J. P. Morgan found some of its employees possibly received Coronavirus Relief funds intended for american businesses. Bloomberg learned the bank notice ....