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Highs on the news with the money flowing to value and cyclicals. Havens are clawing back some ground today. Retaliation. The European Union will impose tariffs on 4 billion of u. S. Goods starting today. The eus trade achieve calls on both sides to drop countermeasures. A very good morning. If you think about it, we had that tantalizing, parabolic move, i would say, in this market yesterday evening. I was here late. Isar rationing around the markets i saw rationing around the markets. This morning, we face i suppose reality. Feels like a massive night out and this morning was a bit of the hangover reaction. Michael purves says it perfectly, talking about the vulnerabilities of the vaccine narrative. If the republicans gain control of the senate, this is very much so for them less onerous to want to do a fist lee onus less onus for them to want to do a big fiscal package. Lets take a look at what we did see yesterday, that euphoria ....
Fromw a bit of whip sawing the euphoria we saw yesterday on the back of the vaccine that was very promising from pfizer and biontech. Lets go straight to the markets and give you an idea of what they are doing this tuesday morning. The focus is on gold, some other things. For example, such as european stocks in general. Again, im excited to speak about the vaccine euphoria and some of the hurdles ahead. Maybe a little bit of profittaking after the rally we saw the last few days. Maybe the question of the vaccine is the question of the day. Bloombergto first word news and laura wright. Lauara the European Union is imposing tax on 4 billion of u. S. Good starting today as part of that titfortat escalation. Spirits, nuts, tractors and videogames. The eu says it will drop the duties if the u. S. Dropped levees imposed back in 2019. The u. K. House of lords has rejected breaking In ....
Even today, many people are drawn to urban areas for exactly those reasons. Over half the global population now lives in cities. Thats more than four billion people. And few places have offered greater hopes of success and happiness than new york city. Now, though, the pandemic is laying the dreams of many who live there, to waste. In a few days time, Celine Kaplan will have left new york. She came from paris seemingly a lifetime ago. Saying goodbye to the city is hard. Celine very, very. Ill be back, just now i have to go. But yeah, very difficult. Im moving 30 years, like its emotional. She came for love. Then stayed to build a new life in the city of limitless possibilities, setting up a successful Public Relations company. Celine its a great town, the energy was the energy was amazing, you could meet people from every different background on any day. You could be uptown, ....
Stocks into value encyclicals keep up . Havens are bringing back some ground. The Federal Reserve warns there could be major downside for asset prices if the Economic Impacts of the virus is not mitigated. Will a vaccine or stimulus come soon enough . Welcome to the program, happy tuesday. Picking news from the u. K. , jobs data giving us a picture of the damage done or avoided on the u. K. Economy. The unemployment rate, a three month figure, we get an ,nemployment rate of 4. 8 exactly what was anticipated. It was on the rise. Very cushioned by the furlough scheme over the summer, and the end of september. Where we are on the jobless claims number, we have i go to this because we do not have survey data but it is interesting because it is october data, a little more impactful. The jobless claims change down by 29,800. , that looks lower than the prior period. Some of the ....
To express my sympathies to the city that were exposed to the earthquake that occurred around isnt it all like to express condolences for those who lost their lives on the buildings that collapsed india quake and which speedy recovery for the injured. Mexico says it will investigate a report that the u. S. Government is deporting children there alone with no family to take them in the New York Times has more than 200 children originally from Central America have been expelled over the past 8 months once in mexico most are said to have been sent to Child Welfare shelters the u. S. Has hardened its already tough border policies which it says is part of efforts to contain a coronavirus home and has more now from mexico city. This is a policy from the trumpet ministration could remain in mexico thats been controversial name ....