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Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating estimates of growth of only 1. 9 . We have seen some pretty positive ratings especially when it comes to the south korean export numbers. They have seen a lot of external demand, especially in china and the u. S. , despite the fact we continue to see virus infections accelerate in those economies. Again, thirdquarter gdp numbers for the final numbers now beating expectations and coming in at growth of 2. 1 quarter on quarter, haidi. Haidi lets t ....
The uncertainty is out there in the election and particularly on pandemic news worldwide. Jon ferro, we are touching 50 on futures. On radio and tv, we will do more data checks throughout the hour. Rro in withn let fe his famed cross asset that a check as well. Three big figures out on vicks. What is the data on the screen that matters to you right now . Jonathan i just think the news flow out of europe has hijacked the whole agenda morning. The data is looking at the banks and bank equities, particularly in europe. I think the banks this week are down 6 , 7 in europe. Thats where the story is, more restrictions. Macron a little bit later this evening. Reports out of france suggesting a onemonth lockdown. Chancellor merkel talking about proposing restaurants that proposing closing restaurants and bars for a month talking about proposing closing restaurants and bars for a month. It is winter now in europe. That the idea right now not only is the virus increasingly severe throughout euro ....
Abramowitz, Jonathan Ferro off. Anna edwards joining us with the london perspective. The vix, 21. 59. The marketrn to overall. Yields coming in two basis points on the 30 year bond. Bond with a0 year negative yield had record interest. That is how odd that is not in the textbooks. , with a lot of things that are not in the textbooks now. The extent to which Central Banks are manipulating markets, keeping yields low, keep borrowing costs for everyone low. There is nothing normal about what we are seeing here. Incredible movement on the equity market yesterday in the United States, getting back to valentines day levels. This is the strangest recession, heard in that clip at the top of the session. The fundamentals of the economy look so daunting, but is the equity market just doing its job discounting way into the future . T ....
Universities write to the uk education secretary calling for more money to help with the cost of taking in extra students following a government u turn on a level grades. And coming up this hour, the three victorian forts originally built to defend england against the french going up for sale. Hello and welcome. If you re watching in the uk or around the world 7 and stay with us for the latest news and analysis from here and across the globe. The number of people being randomly tested in the community to track the prevalence of covid 19 is to be incased up in england. From october, 150,000 people will be tested every fortnight as part of the office for National Statistics programme which is separate from the Mass Testing Programme of people who have symptoms. The figure is up from the 28,000 in england who are currently sent a home testing kit. Testing will also ....
Ideological views, all backgrounds. Events, of course, they are predictable, some of them. It comes all over except, of course, from Donald Trumps white house and his allies. We all knew it was coming. You could have set your watches to it. Donald trump has already started his attacks, calling kamala, quote, nasty. Whining about how shes, quote, mean to his appointees. Its no surprise. Because whining is what donald trump does best, better than any president in american history. Is anyone surprised donald trump has a problem with a strong woman or strong women across the board . We know that more is to come, so lets be clear. If youre a working person worried about whether or not youll have a job to go to, whether or not youll be able to pay your mortgage, pay your rent, worried about the poison in the air you breathe, the water you drink, worried about your civil rights, even your basic right to dignity which is under attack with ....