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To the week. We are now focusing back on the virus rather than the vaccine. The german tenyear, some very weak inflation data out of germany today, sending yields lower. The price is coming up higher as well. You are also likely to have a scarcity factor coming into play as well. Yesterday indicating that the ecb is going to be on the bed, buying bonds. Hes got to think about what is going to happen in the bunds story as well. When you look at what is happening with treasuries, greece now has at the front end of its curve a negative yield. Just well on that for a moment. Greece is now a negative yielding country, albeit at the front end of the curve. Nevertheless, an amazing turnaround in a relatively short time. Alix an amazing eight year difference that makes. I was just reflecting on the sovereign debt crisis yesterday, so that is an amazing stat. New virus cases may be easing in some parts of europe as virus hotspots could offer a glimmer of hope and some of the worst hit countries ....
Francine one week to go, biden picks up his campaign pace as the senate hands the Supreme Court judge confirmation to trump and republicans. Syphilis Nancy Pelosi Nancy pelosi and Steve Mnuchin failed to make a deal. And chief executive noah quinn cast credit losses. Paybank aims to conservative diffidence. Welcome to bloomberg surveillance. Tom keene in new york, im french on the quad and london. That Francine Lacqua and london. We have hsbc, we talk about dividends. Bp saying it will be a very volatile couple of quarters ahead. Tom the pandemic overlay was still ahead. That was the theme yesterday, far more than the election, it was certainly the talk of new york. Every conversation was about a reinventing of the pandemic. Thee going to try to put nearlyhrough ....
Proceed with caution. At least one analyst sounding alarms over skyhigh valuations. Lets get to those valuations. We start back with all u. S. Markets. Big day on wall street. The dow topping 30,000 for the first time. The s p 500 index also jumping to a record. The russell 2000 also. Abigail this reopening reflation trade back on, bringing record highs and big round numbers. Lots of euphoria over the market looking toward the second half of next year. It was like an everything rally for different stocks. Ironically, the only index to sit out was the biotech index, because ironically it is the vaccine and medicine people are so excited for smallcap banks up 5. 3 . Yesterday, apple was kind of precarious. Technically crossing some downside levels, but not so much today. Relative to the real reopening, some cruise lines, airlines sharply higher on hopes that once the vaccine gets circulated into the world, people will be traveling again and also gambling at the resorts. These are some of ....
An estimate of expansion. About 1. 3 . Switching out the boards and having a look at the other asset classes, which are in the mix at the moment. The u. S. Election, according to a survey, sending the dollar in opposite pumps. If donald trump wins, we could see a stronger dollar. If joe biden wins, the reverse. Also wests going on with the also was going on with the yen. Against the backdrop of a slightly better industrial read out of japan. Opposed to. 8 . Al, despite coming back, has 36 a barrel handle. Oil is set for its worst month since march. It is down to coronavirus demand fears hitting things. Bring livee want to pictures from vietnam, where mike pompeo is meeting with the vietnamese deputy Prime Minister hanoi. Counterpart in this is part of his tour in asia. Some have called it an empty china tour of asia. Thats happening right now. Both are expected to exchange ideas. Up relations with the two countries. Vietnam had be ....
Judge barretts for right, out of the mainstream views the generations. Her confirmation means the court will be firmly in conservative hands with a 63 majority, the vote could be crucial in deciding the fate of the Affordable Care act, which will go before the court a week after the election. Any objective standard, judge barrett deserves to be confirmed to the Supreme Court. The American People agree in just a few minutes, she will be on the Supreme Court. , President Trump is set to host the swearing in at the white house tonight, with Justice Clarence thomas giving the first of the two odes, this is a live picture of the scene there on the south lawn ....