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
Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
Events on the night they were supposed to face off in a 2nd president ial debate. Yemens largest prisoner swap finally takes place its being described as a milestone in efforts to end the 5 year old act. Recorded corona virus infections have reached a new daily high of more than 380000 worldwide numbers also take lehi in europe italy set a one day record for infections and its highest death toll in months. Germany also saw an unprecedented spike with 6600 new cases in france 12000 police have been deployed to enforce curfews in paris and other large cities where infections are rampant and from saturday more than half of englands population will again be subjected to strict rules on where they can go and who they can meet and from saturday more than half of englands population will again be subjected to strict rules Charlie Angela reports from london. This city of 9000000 is moving into high gear to have a 3 tier system meaning no one can meet indoors with anyone outside their household
Well see some wet weather coming back in here as we go on through sas day big and heavy downpours so the day temperatures struggling to get to 13 celsius saturday there in tokyo we got plenty of wet weather to ensue Southeast Asia the philippines the same some flooding recently received heavy downpours once again 122 millimeters of rain here a little area cloud here just into the south china seas and that was like another Tropical Storm developing now pushing sway to the central parts of vietnam heavy showers where we already have the flooding into northern parts of vietnam where weather is set to continue over the coming days youve also seen weather of course into central parts of india harder about 13800. 00 millimeters of rain in 24 hours thats what it looks like on the streets west the weather over towards the western side of india as well out west the weather well not just way up towards glitterati over the next couple of days theres another disturbance pushes out into the arabian
And joe biden appear in rival question and answer sessions on the night they were supposed to face each other in a president ial debate. Yemens largest prisoner swap finally takes place its being described as a milestone in efforts to end the 5 year old conflict. Recorded corona virus infections have reached a new daily high of more than 380000 worldwide numbers are surging particularly in europe italy set a one day record for infections and its highest death toll in months germany also saw an unprecedented spike with 6600 new cases and in france 12000 police have been deployed to enforce curfews in paris and other major cities where infections are rampant and from saturday more than half of englands population will again be subjected to strict rules on where they can go and who they can meet charlie annual reports from london. This city of 9000000 is moving into high gear to have a 3 tier system meaning no one can meet indoors with anyone outside their household is the governments lat