Was when the ceiling went. It is interesting to see reporter what is happening in the bond market. To see what is happening in the bond market. We have seen curve flattening throughout most of this week. We see a little bit of steepening today on the back of the payroll number. We see that ripple around the world, and that is reflected in the german 30 year. Twostens in the state basically back to where they were almost a month ago. Alix thanks very much. The s p now dropping like a stone. House Speaker Nancy Pelosi speaking right now. She is saying to everyone, be calm, be confident, be patient, but she did call biden president elect biden, having a strong mandate to lead. She says she is hoping republicans can come back to the table on stimulus. Moments ago, we also heard from larry kudlow as well that they also wanted to try to move forward on stimulus and come to some kind of agreement. Will they or wont they is really the big question, what the s p taking a nosedive as we are stil
Pretty true to form on this thanksgiving hence to be a positive bias. But nothing out of the mode for a moment here. And that was a few days ago. You know, not necessarily you might think so you kind of just, you know, get ab early slate there was a definite persistence to the quarterly strength. There is a dynamic though. Once it gets overbought, once sentiment gets overoptimistic as arguably it is right now, usually you can see the multiple times in recent years when the Fourth Quarter just melted up. And at some point nifrt few months of the next year, usually you have a little bit of a recession. Mike, see you soon. Malls may look a lot different compared to a normal black friday Bertha Coombs is live in new jersey with a closer look at whether people are showing up to shop in person at all. They are. Some people have shown up. Were coming off a record thanksgiving in terms of online sales with so many Stores Closed but today we found some folks lining up for door busters this morn
Exchanges. Regulators criticize the lack of access. Goldman sachs is set to be preparing a second round of job cuts in three months as a moratorium on firing amid covid19 comes to an end. Howi lets take a look at we are setting up in the first couple minutes of sydni trading. We have had a pretty cautious trading session this week ever since we had a Technical Glitch that essentially put the asx out of action for monday. We are seeing a little bit of a flight back to the opening session as we get more clarity in terms of the ongoing trade tensions between camera and beijing. Still on the back foot trading at the moment. We are seeing outside of half a percent trading in new zealand stocks. Shery we continue to see pressure in the futures markets. U. S. Futures down. 1 after stocks pulled back from record highs. We are seeing nikkei futures down 0. 4 , coming down from the highest level since 1991. The japanese yen unchanged, although one of the biggest gainers. Virus concerns. And wti
Everyone here is really waiting with baited breath on who the president of the United States is. We understand through the counting that joe biden could win it. It is razor thin, but we dont know for certain. The markets dont expect some kind of surprise, which is why they are stable and up. The other story is the bank of england, talking possibly about negative rates. Although, not for now. Guy johnson in the conversation with the governor talking about the Downside Risk. I think we have learned earlier this year with thoughts of covid, that we act both andkly and we do at clearly scale. We have a very substantial genocide risk on the forecast, and a lot of that relates to how covid itself will evolve. The bank ofernor of england. Extensive comments on this. Really important interview, mr. Johnson, with Nestor Bailey on the bank of england. I should note, sterling rallies nicely. Some of the headlines this morning are pretty shocking. Let me do a data check. Jonathan ferro just emaile
Now, 224 biden, 213 trump. Could be days prosecute we have final vote counts for key battleground states. Maybe were getting a little more clarity on that bottom of our screen right here, nbc news is projecting joe biden wins the state of maine. Want to get that news piece in there as we continue to watch for those votes. Even if biden ekes out a electoral vote, expectations could spell trouble for a democratic agenda, especially if the Vice President ultimately wins the white house for more on the balance of power in congress, lets bring in ylan mui. Good morning. Good morning. Right now its still a tossup for control of the senate. Both parties have a narrow but achievable path to victory Mitch Mcconnell says hes hoping to get more clarity on key races by the end of the day. I dont know whether im going to be the majority leader or minority leader ive been both majoritys better. But were awaiting the judge on the american people. Nbc rates the battle between gop senator thom tillis a