A lowerures point to open on lockdown news. Fears rise of a prolonged economic slowdown. And u. S. Equity futures trade higher. 24 hours to go. The president ial campaign enters a final stretch as donald trump and joe biden focused on the key swing states of pennsylvania. Biden leads his rival in a series of weekend holes. It is 6 00 a. M. In london and dublin. Ryanair. Good morning. We have an expectation for more losses. First half losses, record losses in the second half relative to the first half. Theres a couple of lines that are critically important. 1. 18 billion. There is no fullyear guidance going into 2021. As Michael Oleary and the rest are facing new lockdowns and the u. K. In terms of no leisure travel, it must be essential travel. This is the message from Boris Johnson. It could be extended. Ryanair expects record losses in the second half but theres one line here and we will put it to Michael Oleary himself. He joins us very shortly. Putting measures in place to owned. A
Sales and the stock is hitting new highs. And finally teslas tumble, why the street is mixed on what actually came out of the companys battery day event yesterday. J j, though, jim, going to be the lead and you just called it maybe the best company we have in this country. Yeah, look, i think that i like triple a balance sheet, i like a company that continues to make the numbers, i like a company that pays a good dividend, has the best pipeline, most robust pipeline in pharmaceuticals and i like a company thats not a hype company. The fact that they are ready to do their vaccine now, full disclosure i am attempting to get into the trial, i think its everybodys duty to get into the trial they are the only one emphasizing the atrisk people they want people who we view as people who we need to protect. I dont hear that from any of the other companies. I like the fact they are willing to give it to their whole employee base. This is the way i think it should be done and i know people are c
Particularly for tech and tech advances. Desperatelys a calm looking for news flow on the pandemic, and lets not forget the lack of stimulus in washington is just stunning. It is almost hard to believe we are here in the middle of september. Comparehink we have to the selloff. The character was different. This wasnt about big tech. Industrials,als, materials, energy. Thats where the price action was over the last one he four hours. Tom we are focused on Prime Minister johnson. Comments soon, and then a speech tonight to you and the nation at 8 00 p. M. Ive got to go to the pub closing at 10 00 p. M. Can you expend the difference between a pub closing and someone getting the virus at 9 00 p. M. Versus the usual midnight . [laughter] jonathan no i cannot, and the Prime Minister will have to explain that. I am not sure he will even try. I think the big issue for many people is just capacity. If you have a problem with people going out and mixing too much, then address capacity. If that is
Alreadyional level and there is a partisan battle over replacing Supreme Court Justice Ruth Bader ginsburg. It is not just traverse is bided. It is the senate, 10 seats now held by the gop that are considered competitive. The markets are volatile today but they could be for the rest of 2020. Like with theeem news about Ruth Bader Ginsburgs passing, election risks, front and center. Today, kind of an interesting day on the market. The cyclical areas. Banks having a weekday. Bank index down nearly 4 . One contributive factor could be the release of documents related to Money Laundering and so forth. Theirook on pace for worst year since 2008. A combination of the crash, the weak recovery, other issues. You can see, rough year continuing for the bank. Romaine a lot ofolks a focused on the possibility that u. S. Policy could change, specifically with regards to taxation. Spikes see the kind of we see are typically in election years. He saw a spike in 2008 during the first obama election. A
1. And funding, expanding testing. Chancellor Angela Merkel says unequivocal proof that Alexey Navalny was poisoned by a military grade nerve agent, causing tensions with the kremlin. A very good morning to you. Welcome to daybreak europe from dubai. It has just gone 6 00 a. M. In london, 7 00 a. M. In paris. November 1, a vaccine is going to be there, going to be in your hands, just before you go to the polls. You look at the equity market, superlatives fly. This is the biggest gain in months. Lets have a look at these markets, because the question is the market . P end the s p 500 down. The biggest gain in two months, yes. It is now very firmly value versus growth. This is what we must debate. Growth, of course, had a runaway train. Is it time to reconsider value on the back of a vaccine narrative . Msci asia up, euro stoxx 50 up. But are we at the start of a in currencies . I have asked this question. The dollar is rising by 2 10 of 1 . Itthis a dollar story, or is the currency that