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Down without demand. Ryanair says the risks are skewed to the downside as the ceo called the new lockdown political mismanagement on a grand scale. Welcome to the program this monday morning. Just under one hour to go until the start of the cash Equities Trading session and futures look like this. It will be moving to the downside. The u. S. Session on friday, particular tech stocks taking a hit. You might expect negativity coming through. Lets have a look at u. S. Futures, a slightly different trend for us this morning. No trend, in fact. Fairly flat. Theaw a definitive move to downside on friday. There are a number of themes in play as we go into this, not least of which the u. S. Election and the fed. The chinese data we had out overnight, interesting of course for markets but really from a european perspective, we are focused on what is going on with the left story across europe and we will be thinking a lot about that and t ....
Trade overall, it takes us to our talk of the tape, the great bounce back for stocks and whether it is sustainable. Lets ask adam parker, ceo. You are not so sure this is sustainable and more cautious in a few months . Yes, last week when we spoke, conditions are still the same, an equal chance of a 10 up versus 10 down, that makes me less confident because the data are mixed. For every good thing, i get upside on retail sales, down on housing. There is some good and some bad and enough to feed the bulls and bears. You have to get to a soft landing somehow isnt that the definition are you looking for where are you looking for the economy to keep rolling along and figuring out the inflations way to work in your favor even if it didnt . Erode not imploded, the hominid dialects we knew we were going to slow but at what pace . The good news is, you dont have a synchronous contraction, so many things the cycles were at different times, housing on a different cycle than auto. On the things t ....
Deal as shares boosted by Restructuring Plan. Were going to be speaking to the ceo of carlsberg first on cnbc about the challenges its still facing in russia and china. The bank of england governor tells bankers were ending the age of irresponsibility. This ahead of mario draghi that could signal further easing. Okay we knew it was going to be big and its proven to be the case. A 10 billion day for chinas singles day. You see the heart here. November 11, it was a shopping frenzy soaring past last years record with alibaba raking in a whole lot of dough and they took in half that amount of last years take in just 19 minutes on the day. Eunice filed this report on the antivalentine event. Singles day got off on a solid start and the numbers are impressive. The Chinese Post Office expects 760 million packages to be shipped today. Alibaba alone already exceeded the onlin ....