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Low. G20 leaders call for equitable access to Covid Vaccines and commit to supporting the economy with host saudi arabia handling the stimulus measures taken by governments so far we injected over 11 trillion into the Global Economy to support businesses and protect individuals livelihoods this is an unprecedented g20 economic stimulus. And president elect joe biden prepares to name his cabinet picks tomorrow with nbc learning veteran diplomat Anthony Blinken is the frontrunner for secretary of state. Well, good morning, everybody and welcome to street signs. We have some big news for this monday morning yet another breakthrough when it comes to vaccines. Its been the third monday in a row that we get some big news on that front and today the results from astrazeneca and oxford yet again proved to be positive showing eff ....
Rise chip makers rally as apple asks suppliers to ramp up chip production cnbc learns bytedance has chosen the u. S. Bidders. A report beijing may need to approve any deal a very warm welcome to street signs. We have been digesting fresh manufacturing pmis this morning. We have heard on individual country basis already. We are awaiting the eurozone number you can see the euro has been holding firm it has been a little bit of a mixed picture with france and spain slipping into contraction. Germany and italy have held firm above the 50 mark. Based on indicators, investors were expecting a little bit of t final manufacturing pmi in line. The mix of Different Countries coming together that means the overall region has come in line with expectations. Not just europe but we got chinese data overnight and has expanded in the fastest rate in almost a decade. Thanks to a rebound. The survey came in at 53. 1 in august the fourth consec ....
John williams is speaking, saying the fed is monitoring money market developments. Be sure this will be part of the conversation all week this week, and bill dudley and a couple of moments. Markets, the dax down. Pmi data in france and germany disappointed, driving the stoxx 600 lower. Poundro weaker, as is the , 0. 5 percent versus the dollar. A bloomberg surveillance special event, former new york president bill dudley. We welcome all of you worldwide. Special moment a conversation with william dudley. , not ayou back 14 years , bill dudleye shockingly pressing a. Press against that was when tim got her said come over to the fed desk and help us with the shortterm markets. Bsnot were killing to get in school. The only b is the one in microeconomics, so im not sure hes qualified. I dont know if we want to go there about grades. We might want to figure out his grade from the new york fed. This was bill dudley on bloomberg opinion. The fed can handle the reaper market, saying the follow ....
Well talk about that coming up. Speaking of taxes, coca cola ceo tells cnbc what he would do with a Corporate Tax cut well have all of those details coming up. Then theres best buy, its sitting out the rally today. Down pretty sharply. In fact, its off the lows right now. Less than 4 decline is the iphone to blame, iphone x to blame we have a debate on best buy coming up here. We begin, though, with the breaking news. Stocks hitting session highs as the house passes the tax bill. Ylan mui, our intrepid reporter on capitol hill has the latest for us right now ylan reporter bill, that final tally is 227205, that is a comfortable margin of victory for republicans. They said they were going to get this done by thanksgiving. No one really believed them. They were able to pull it off. Republican leadership held a press conference to celebrate. From the very start, we said that failure is not an option and the president and his team have ....