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Republican leader Mitch Mcconnell says President Trump is right to protest the vote cap. The u. S. Sanctions more people in hong kong over chinas increasing control. Washington has suspended its treaty with hong kong and ended reciprocal treatments on shipping. Haidi lets take a look at this market situation we are setting up for. It is firmly risk on after all the really bullish view overnight on account of the high efficacy from the biotech vaccine. Asx 200 trading higher by 1 10 of 1 . It is a handful of asiapacific markets there is or going into overboard territory. One of those is new zealand. We are seeing kiwi stocks of about 9 10 of 1 . We have the rbnz decision ahead of us this week but that market is up now for six consecutive sessions. Nikkei futures reversing pretty dramatically at the moment. Above looking at opening 25,000 for the first time in 30 years. Tradi ....
Salt lake city, you. Hugely consequential city, utah. Hugely consequential. Rudy giuliani will join us, the former mayor of new york city. We hope to get ample time to speak of his health, the health of many in the white house, and his thoughts on the path forward for his president. Weve got Market Recovery off the shock of yesterday. What is the character of recovery you see . Jonathan equity futures up 0. 7 . The bond market down, treasury yields higher. The president backing away from talks with House Speaker nancy pelosi. I have to say, the administration looks really aligned wit Senate Republicans in a way it hasnt, offering a slim bill, offering a checks to americans. There used to be three positions. Now it looks much more like t wo. The difference is i dont thing that spread can reconcile before the election. ....
Crude getting wrapped into all of this. We get inventories coming out at 11 00, all of that wrapping into the story that maybe we arent that good at dealing with the virus again, despite what happened in the spring, and how that narrative will feed into your equity and asset allocation. The other story we are following his Morgan Stanley, the last major big bank to report earnings. Really wrapping out a winning week for wall street trading desks. The highlight was fic revenue rising 30 . That helped drive revenue above estimates. Also, equity underwriting fees came in double more than year before. Very solid. Now the question is, can it continue, particularly when it comes to the visibility of the election . Joining us now on Bloomberg Television and radio is jonathan pruzan, Morgan Stanley cfo, as well as sonali b ....
Protests against a label law that was passed earlier this month that opponents say will erode workers rights and dismantle environmental protection. This is the dollar index on the way down. One week lows earlier on today. The euro new york crude moving to the downside. We had the report on inventories showing u. S. Stockpiles were indeed much higher than had been anticipated. Dollar weakness, golds gain. Tom lets bring you the first word news and a catch up on the pandemic situation in europe. Be amains and continues to coronavirus hotspot, with new daily infection records in germany and the netherlands. Ing a curfew in madrid. Manchester is being forced into the u. K. s strictest curbs. In the u. S. , new yorks governor blames President Trump for virus deaths in his state, calling him a liar and a super spreader. California is easing restrictions in San Francisco. By the u. ....
Prices decline. The asx down nearly 1 . We dont have trading in india either because it is mahatma publics birthday, a holiday. Futures are trading on the nifty in singapore down zero point 3 . The 10 year yield slipping back as anticipated. A slight move to the downside with regard to the futures contracts. You see the currencies and weakness creeping in into the dollar overnight. We have seen a reversal of that this morning. You have the yen a tad weaker. Sterling had rebounded to 1. 29. Seenis after we have brexitinduced losses. The aussie dollar unchanged. Haslinda lets get the first word headlines. Top white house aide hope hicks has tested positive for covid19. She traveled with President Trump on air force one to tuesdays debate in cleveland. The president says there is no indication he contracted the virus. Tested positive, National Security advisor robert obrien. ....