Of 1 ow by only 1 10 versus the u. S. Dollar, but nevertheless it seems to be a logical move for the markets. In terms of what we have got coming up, we will be talking about whats happening in the race to find a vaccine. We will be joining by the ceo of novavax. With the United States getting done earlier on. This stock has been on an absolute tear this year, today really adding on to that as well. We will get that take on the progress thats being made and what the money is going to be used for and in terms of where he is relative to his peer group in the race for the vaccine, the many vaccines that we will ultimately end up needing if we are not going to do more damage to the global economy. The European Commission is out with its assessment of the european economy earlier on, warning that the coronavirus Economic Contraction will be bigger than anticipated earlier and the recovery will take longer than previously estimated, forecasting a 3. 7 drop in growth this year. Joining us fro
Scheduled to impose even more tariffs on 250000000000. 00 worth of chinese goods but analysts and experts are saying that they wont be surprised if every single product export import from both countries are tariffs so there will be some scheduled to be added next week whether or not theyll actually be added who knows because weve seen this before when President Trump says that its been a successful week or time of talks he later comes out and imposes more tariffs so its really unpredictable but earlier today vice premier li did say that hes come with great sincerity and ready to make certain exchanges and mike pence yesterday said that that hes really really ready to see where this goes but they here agrees completely with President Trumps trade policies take a listen to what he said. The chinese Senior Leadership will be here meeting with our team at the white house were encouraged to soybean purchases that have taken place in just the last few weeks but the American People. I believe
Placed at the center of the ongoing disputes between these 2 countries may be getting a bit of a reprieve in New York Times reports that the trumpet ministration is planning to issue licenses allowing American Companies to supply nonsensitive goods to wall way according to sources u. S. President donald trump said he was willing to begin approving the licenses this last week this will allow the specific specific American Companies to circumvent a ban the white house placed on wall way earlier this year. There is a lot on packers so to do so we are joined by our america correspondent Alex Milledge in toronto and served as the ok here in the studio in washington d. C. Sarah lets start with you were seeing a lot of conflicting reports on how the meetings went exactly whats the latest well lets just say we are definitely hearing some conflicting reports that the south china post morning post reported that chinese ice from the air was going to be leaving earlier than expected leaving at thi
Auction yesterday. Today, iee rising should point out the 30 year u. S. Treasury yield of flirting with the 2 mark. We are at 1. 5 on the 10 year. 1. 43 on the twoyear. Some interesting activity on the bond market. Interesting activity in the fx market. Were seeing some bids in yen and gold as well. Volume is reasonably light. Stocks are trading lower. A bit like the United States were just off the session lows. We currently have 104 stocks up in europe. 489 trading lower. Very negative today when it comes to the european stock market. The pound is certainly training trading lower. Under the current terms it looks like a brexit deal is impossible. Lets pick up on that theme. Chairman ofs the the European Banking Authority. Brexit potentially 24 days away. Our europes banks ready . We just sent out communication today on we think the infrastructure is in place. Thanks should be ready for contingency particularly hard brexit. We think that in terms of actual hard movement, movement of da
Interactive content to choose the next generation of voters but it took such action. Using the channels available to inspire people to take action and more determined to build something here for the next generation along. The environment series of global 3000. 00 on d. W. And online. From. The worlds biggest plane maker sees its biggest quarterly loss boeing said it might even have to stop producing its ill fated 737 maps for a while if the plane remains grounded much longer. Also coming up britain has a new Prime Minister and he supports brags that at any cost trade between britain and the e. U. Already swindling businesses on both sides of the channel urged Boris Johnson to avoid a new deal price that. And how the worlds gold fever is poisoning our look at the q mentor in gone. This is d. W. Business im joined on in berlin welcome boeing has posted the biggest quarterly loss in its history chiefly to blame the grounding of its best selling 737 max aircraft following 2 deadly crashes