Higher. Eurodollar up by 0. 4 . Is the ecb getting worried at this point . 1. 2163. The dollar is broadly lower. The pound just taking out 1. 35. We havent been at these levels since this time last year. What is fascinating here is what is happening with bond markets as well. Weve basically got yields and stocks moving in the same direction. That is something that is pretty interesting now. It certainly points to this reflation trade at the moment, with the catalyst still having legs. Alix the question is how long is that last. Lets dig into some of the top stories guy was minting. Germany extending its partial lockdown. Sweden shutting some schools as well. Joining us with more is sam fazeli, Bloomberg Intelligence senior pharmaceutical analyst. We have seen more targeted lockdowns and extensions. Is any of that working now in europe . Sam yes, they are. Funny that we have countries going at different paces which is normal because they have different issues with regards to the number
There are many reasons. And there are many alternatives. To make up your own mind. Made for minds. Me you tells the u. K. Its your native leaders in brussels say its up to the brits to perch on a post directly trade deal. Says thats no way to go about a negotiation also coming up. And United Airlines lose altitude after the carrier late bad a massive impact of the coronavirus pandemic on its bottom line. A global pop icon beyond say has become an avid alabaster we take a look at what else is making the fashion percentage gallus so popular. Places did a real business on robots in berlin welcome to the program the European Union says its up to the u. K. To budge if a post trade deal is to be reached among the e. U. Leaders meeting in brussels there was an atmosphere of cautious optimism that an agreement could be reached in the coming weeks however the suggestion that the onus is on britain to give ground has irritated the frets a chief negotiator david frost tweeted that he was disappoi
Trump and joe biden are holding dueling t. V. Events trump backed out of the schedule debate for this corona virus infection forced it online. Im wary of blue cross thanks for joining us france is just one of many European Countries reeling from record spikes in corona virus cases authorities there confirmed more than 30000 new infections in the most recent 24 hour period thats levels not seen since the start of the pandemic now some of that is due to more testing than back then but it is a sign that the virus remains a serious threat even to the highest levels of european politics. Leaders flew into brussels hoping for diplomatic wins on Climate Change and greggs it. But the coronavirus pandemic is always the enemy of things going to plan. The chief on the line deciding to abandon torques just as they started. A member of her team tested positive for 9 tain and found a lion deciding to oscillate as a precaution. Before leaving the summit she stressed the importance of cooperation in c
Eastern time. Take a look at the dow. The dow specifically tumbled to lows around 11 30 a. M. Eastern after House Speaker nancy pelosi said in her Weekly News Conference there will be no standalone stimulus without a broader coronavirus bill that includes money for schools to properly open and stay open. But then the dow climbed back. Actually, the nasdaq and the s p never went negative but the dow did climb back when pelosi stressed she remains open to negotiations. Our floor show traders are about to tell you how to play this moving target. Flying higher in the middle of the pandemic. While major air carriers remain stuck at the gate waiting for more stimulus money, private jet travel, affordable private jet travel, is booming. The set jet ceo is here. He will demonstrate to you exclusively how contactless Security Systems that hes just installed dont have you having to remove anything metal or even take the loose change out of your pocket. And how are they expanding routes while the
Lots of people start retiring retail value starts to drop your medically, as a result of which, air france is taking the 500 million euro hit on that. Vonnie suppliers like rollsroyce, talking to the jet engine maker earlier on, and every time a widebody plane aes away, rolls doesnt get reorder for that particular plane. The s p 500 up 1. 5 . Most stocks are higher in the s p, and all of the groupings in the s p are higher, but we do have about 50 or so stocks lower. To be honest, a lot of those are came out after target and said, look, i cant tell you what is going on with the consumer. I am just completely confused. Target upping its offerings of fruits and vegetables and cook foods, but really not understanding what the customer is doing about a parable is doing about apparel. The dollar index down to 99, testing the 99 mark. Lets not forget the fomc minutes later on, for what thats worth. Theres also a lot of chatter about negative rates, particularly out of england. The 10 year yi