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 efficacy rate of up to 90 thats giving a boost to market sentiment. Theres a lot of green on the board. Yet some more positive data coming out on the vaccination space and
Ultimatum, saying surrender or a military assault will begin on your capital. U. S. President elect, joe biden, announcing some major cabinet nominees for the top diplomatic post, secretary of state, he has picked antony blinken, who is deputy secretary of state under president obama. He also has a French Connection he went to high school in paris and speaks the language fluently. Another notable nominee, former secretary of state, john kerry, has been chosen to lead the effort to combat climate change. For more on how biden is filling out his National Security and Foreign Policy teams, lets bring in our washington correspondent. Tell us more about the pix biden made today. Reporter there are two words at describe these six pix. One is diversity and the second is expertise. Diversity because there are, as a first in these cabinet picks, if these people are confirmed, starting with errol haynes, who will become the first woman director of National Intelligence if she is to be confirmed.
Critics say he failed to deliver on most of his promises. One of chinas biggest conglomerate says it is optimistic despite divisions with the u. S. From the boss involved. Shery we are getting Industrial Production numbers from the month of july in south korea falling. Missing estimates it would only fall by around 2 . We also have the month on month numbers. A gain of 1. 6 . That is missing estimates it would rise more than 2 . This is also a deceleration in gains when it comes to those numbers from the previous month. We do have the outbreak in south korea worsening. Virus pandemice within south korea and overseas. The numbers are not that surprising. Improvingn numbers and the slump easing for the past three months. When it came to the numbers in august, we saw the number starting to deteriorate. We are seeing those Industrial Production numbers missing estimates. Contracting 2. 5 year on year. We do get tomorrow, south koreas Second Quarter final gdp numbers. We will be watching th
With the u. S. Cases jumping the most in almost eight weeks. Anthony fauci says a new mutation could speed the spread. Will tell citizens to act responsibly as pubs and restaurants in england reopened today. The nation will also use quarantine rules from some European Countries, including right here in germany. Lets take a look at some of the risk assets that could move markets today or indicate what we are going to see. S p futures, first off, actually, as i mentioned, there will not be any trading in the u. S. Today, but still a good idea to see what is going to happen in terms of risk sentiment. We see them down. That said, european futures are kind of mixed right now. Gold is trading slightly lower right now but still looks set to end the week higher and nymex upde as well down today, but above 40 a barrel. So it is relatively strong price for wti, and then finally, take a look at the bloomberg dollar index. Interesting today. It is slightly higher, but the dollar index looks set t
Than many expect weve got an exclusive with volvo ceo. It is june 3 here on Worldwide Exchange on cnbc. Good morning. Welcome from wherever you may be watching thank you for starting orphanishing your day with us. Economic optimism is in the drivers seat now to kick off this wednesday much the market is doing what they do. They look months down the road and seeing Better Things ahead economically and socially. Stock futures up dow futures up 145 major averages are up near 40 , the s p up 30 nasdaq up 40 at its highest level since january. As far as driving and extending the output cut brent crude over 40 for the first time in more than 90 days a similar story around the world. Stocks are higher in every asian market china, hong kong also higher look at the european markets germany continuing the german dax index is up 12 in a month you can complain all you want about what is going on in the United States, Global Markets are acting the same way. Lets get more now on the protests around