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Well, good morning. Its monday, november 30th. Hope you all ate lots of good food this weekend, but some big news this morning. Moderna will ask the fda for emergency authorization use for its covid19 vaccine today. The massachusettsbased Company Released its latest trial results just an hour ago. It says so far it found the vaccine is just over 94 effective. Moderna following pfizer in requesting emergency authorization use. The fda is scheduled to discuss pfizers vaccine next week and they could do the same for moderna on the 17th. We have assembled the abc vaccine team to bring you the most complete coverage and updates as they come in. Surging covid19 cases means that San Francisco and san mateo counties have to roll back to the most restrictive purple tier and that means those two counties are part of the statewide curfew for purple. Gyms also have to operate only outdo ....
Global infections exceed 30 million. Saudi oil minister says, make my day, and a warning, he says whoever gambles in this market will be ouching like hell. Good morning. 6 00 a. M. In london. We have breaking news, caution to buy bankia. They see a completion of the merger in the First Quarter of 2021. A number of headlines are breaking, and they will do that, we will have an update on that. Sentiment to the downside, relatively flat across asian equities. Msci asiapacific up 0. 3 . Tencent down 1. 5 , under pressure from the Trump Administration, looking into Data Security concerns. They have large stakes in these gaining companies. Lets see what is going on across assets. Brent crude up 0. 7 . Barrel, getting a boost from the Saudi Oil Minister. It was a p ....
U. K. Sounds a note of optimism. Make my day. Tough words from saudi arabias oil minister. Whoever gambles on this market will be quote ouching like hell. The under an hour away from start of cash Equities Trading in europe. Lets look what we have. Futures not all that convinced in any direction. Weakness in markets yesterday and equity markets, and nasdaq. Ar in u. S. Futures flat and mixed. We do see nasdaq futures heading to the upside. Because ofnificant the selling we have seen. Concerns about concentration and previous gains in the tech sector. We are digesting what we have heard from the fed. In assessments of weaknesses the u. S. Economy. The fiscal boost that will be needed. Lots of questions over the fiscal side of things. Modest gains coming through in asia. Asian stocks of around 0. 4 . The south korean market up a fraction of a percent. Elsewhere, fairly flat markets. Won up to anean eight month high. Dollar weaknes ....
Heard from the bank of england yesterday and whether that will filter through longer term in terms of negative rates. Now overall, the markets are focusing on that. They are focusing on some of the things that we saw this week, which is m a. In. Ks general in europe edging lower it seems to be that a lot of markets are in a holding pattern. Lets get straight to the bloomberg first word news. Here in london is also leighann gerrans. And oracle seem to be edging closer to eight tiktok deal. They have tentatively agreed to terms with the treasury department. Bytedance is also increasingly confident that plans will win the approval of regulators in beijing. Assuming it happens, a new firm would aim to hold an ipo in about a year. The eus climate chief says rising demand for green bonds creates an opportunity for the bloc. It plans to start selling as much as 225 billion euros of its debt. That amount is almost the same as all of the Gre ....
Were looking at a sharp selloff for the nasdaq, down 271 points right now, the s p and nasdaq snapped a winning streak on friday. The markets are down across the board. Large labor day parties raising concerns about a coronavirus spike. Creating a futuristic Fan Experience at the u. S. Open. Watson using Artificial Intelligence to allow fan interaction, even with empty stands. Mornings with maria is live right now. Global markets this morning are under pressure, take a look at european indices, markets are under pressure as concerns grow over a no deal brexit. The cac is down 63 and the dax is lower by 108. Germany is showing signs of a slow recovery. Exports rising 4. 7 in the month of july, imports were up just over 1 . That was far below prepandemic levels. Checking asian markets this morning, take a look at what happened overnight, green across the board in asia, ....