Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
Ofodollar getting a bit traction. The dollar is going down. This is part and parcel of the yellen trade, which seems to be getting reaction now. It will be interesting to see how she works handinhand with the fed chair. Minutes,e last few crude went through 45. This is wti. We are backing off the little bit, but that line in the sand is the highest level we have seen since march 6, which gives you an idea of the turnaround we are seeing. The big question, is it running too far, too fast . Alix some analysts starting to scratch their heads a little bit, particularly as they look at the curve. President elect joe biden said to announce his selection of former fed chair janet yellen as secretary of the treasury. Joining us as michael mckee, Bloomberg International policy and economic correspondent. What about this appointment is giving confidence to the markets specifically . Theael janet yellen ticks most important box for investors, she makes them money. Take a look at what happened whe
And the big week around retail rolls on, but are there any stocks out there still worth opening in the reopening trade we have some names for you on this wednesday, november 18, and this is Worldwide Exchange right here on cnbc the band subject of a little online debate that i was posting last night to my instagram good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan and good wednesday morning hopefully you wont need a remedy today here is how your money and the Global Markets are setting up their wednesday. Stock futures are now higher across the board small gains, yeah, but they are gains none the less. Dow futures up 64 right now. It was a mostly lower session yesterday, all the major indexes breaking two session win streaks. Hey, you cant blame the market maybe for pausing in what has been a huge surge in one of the best starts to a month in decades. In a note out on the market technicals from the spoke, the
Irelands Prime Minister told bloomberg that the outline of the u. K. E. U. Trade agreement is clear on both sides, but it is not clear that Boris Johnson wants a deal. Has let is set to join the s p 500 next month as its biggest ever new member. Just one hour to go until the start of the european trading day. We have the numbers from easy just. The Lowcost Airline is he easy jet. 4. 5 . Down this is a fullyear set of numbers bearing in mind when the end of the easyjet fullyear is, in november. The revenue is attached below the estimate of 3. 08 Million Pounds. Get to something that loss, 835e, pretax million. That is one of the things we need to understand. It will not the recommending payments of a dividend. A big question for is a jet when we get to see the ceo is, is november the worst of it . Hsbc saying that november may be as bad as it gets for the european airlines. Doesnt feel that way from the aviation flight deck, for could things become more difficult as we get through the w
Approaching that 103 level. That would be a breach of a technical and psychological level. . 99, 2. 7 top the upside. After the biden victory, gold as well seeing three straight gains three Straight Days of gains. Joe biden preparing to take office as the 46th president of the United States. He is moving forward as president elect, launching his transition effort and readying a plan to tackle coronavirus. President trump is refusing to concede, weighing more legal challenges. The people of this nation have spoken. [applause] they have delivered a clear victory, commencing victory. A victory for we the people. I pledge to be a president who seeks not to divide, but unify. [applause] who does not the red states and blue states, only sees the United States. Our work begins with getting covid under control. Economy, repair the restore our vitality, or relish lifes most precious moments, hugging grandchildren, children, birthdays, weddings, graduations, all the moments that matter most to u