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Dana it doesnt. Jim desmond, County Supervisor in san diego. Thank you. Elite Israeli Forces rescued a hostage in Southern Gaza as we bring you that good news this morning. Welcome to a new hour of americas newsroom im dana perino. Bill is off today. Good morning to you, bret. Bret im bret baier in washington. Todays rescue is the first time in months that a hostage has been rescued alive. He was inside a gaza tunnel. More than 100 hostages are believe to remain captive. Some of them likely dead. The Daring Rescue really is something today. Dana it coincides with a new warning that irans aggression has reached an alltime high. ....
It is 1 00 p. M. In new york, 6 00 p. M. In london. Im kailey leinz. Welcome to Bloomberg Markets. Here are the top stories we are following. Progress for a vaccine. Clearance requesting for its vaccine in the u. S. And europe today after a new analysis showed it to be highly effective in preventing covid19. We will have the latest. Talksk mentioned, opec have ended today without a deal. The conversation will be picked up tomorrow, but we will explore what it means for the cartel. General motors will not take an initial stake in the electric Vehicle Company nicola, which announced today it will go to one of its electric vehicles, a pickup to be called the badger. Lets get a quick check on the markets. We are on the last trading day of the best month for Global Equities since november, but we look set to end the mont ....
Why it matters so much the big difference between trump and biden socialists i think it is the end of the viciousness and the embarrassment and the anger. Trump hate them or like them hes the most polarized candidate i can remember once the race is finally over, there is some tensions dialled back regardless of who wins. In other words, maybe america can finally chill out starting tomorrow or at least this week second, there is a new found and naive consensus that our democracy is stronger than partisan would that be something . We have an orderly transfer of power if joe biden wins. A lot believe that biden will win decisively and go to bed before midnight. I have said it over and over again since 2016, you have to base your Investment Decisions on the hands that you are given, not the president ial election. Last week we got hit with a 5 decline including the ones just reported of fantastic quarter. The analysts dont want ....
We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers ....
On the year did not deliver perfection, so we have the big tech stocks selling off. That is a big market drag. Looking at the worst week going back to march. David but they are not buying bonds. What is that about . Abigail it is interesting they are not buying bonds, they are not looking for that haven hedge against the stock. It tells you may be investors think the text selling will be a oneweek type of thing, although a second week in a row, or it could be to your point from earlier around the fed, the ultimate buyer so it some point the fed will be back in. Not that big of a deal. Harder to look at bonds as a cross asset tell given the fact you do have the fed in their. You have the yield curve steepening. That could cause stocks to get more jumpy. It is healthy to have the yield curve steepening, but it can create gyrations. We have oil lower. Do your point they are selling everything on this friday. Guy thank you so much for that report david site you thank you so much for that r ....