When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
Says the first rollout could happen by mid december. The g20 discusses the virus and the potential remedies. Shotspledges to make available to all and President Trump wont say if the u. S. Will join a global effort. Haidi we are setting up for a cautious start to trading. The aussie dollar holding pretty steady. Kiwi stocks are up by half a percent. We are seeing the kiwi dollar trading just flat. U. S. Officials say the first vaccinations could be administered in just three weeks if given the green light for emergency use by the fda. Aboutare still concerns how poorer countries will be given access to any vaccine. The vaccineke Development Team has an aggressive timeline. Be do we expected to achieved and a lot of people are concerned about equitable access. Of movingre a lot parts here. A lot of movement around the world. Drug administration has an advisory meeting that day about the vaccine. Health officials really seem to think that approval could be forthcoming at that meeting or
Candidates were in florida yesterday with an emphasis on the latino vote in battleground states across the eastern will, minnesota, wisconsin, iowa. Eventful to say the least, but the number one story is the inability to capture a bid. We will have plenty of extra data checks. Lets get to first word news ritika. K cap nancy pelosi and Steven Mnuchin and are playing the blame game, minutia and accused policy of holding of the stimulus bill by refusing compromises, pelosi says the white house is not responding on a number of sticking points. Joe biden has appealed to hispanic voters, telling a rally that if florida goes blue, its over, indicating that biden and President Trump are virtually tied. Europeanrkel says the union should have acted sooner to control the pandemic. Saying that political realities a stop stems from imposing restrictions earlier. And shares of apple are lower today. Company reporting missed wall street estimates. Apple gave no forecast for the holiday quarter, but
Four days of losses is about to become five. Are down 7. 5 over the previous four days. Cross assets, we look like this. A bid into the bond market briefly in treasuries. It did not stick. It was a treasury market selloff. This morning, it is about yen strength. Dollaryen coming down on 0. 3 . Again. Rude is down 0. 9 mark wheret is that you have these massive producing countries like russia and saudi starting to worry. These are very hard prices to deal with when you try to balance your books. It all comes back to demand. Everything is about demand right now. When you have france and germany going into lockdown, that does not bode well. Euroyen is striking me this morning. I feel that for the first time it is acting like a haven. It is her membrane what it is supposed to do. Jonathan a bit of yen strength. Chancellor merkel giving a wakeup call to her fellow eu leaders. They failed to act quickly stop the pandemic. For more, our western europe managing editor joins us. Walk us through
Terms of economy and in terms of political stability now being on the list of state sponsors of terror has greatly hindered sudans economy and its ability to attract Foreign Investors and to even deal or invest in Foreign Trade outside of a country thats resulted in severe hard currency shortages and we can see that just by taking a walk around the streets of khartoum you can see people lining up for bread due to shortages of wheat you can see people lining up for fuel due to shortage of petrol and thats because the country has been suffering from this hard currency shortage that makes it very difficult to import basic necessities. Of freedom around 900. 00 prisoners from jail in the democratic republic of congo the jailbreak happened in the eastern city of beni the mayor is blaming a local group. Thailands Prime Minister is recalling parliament for a special session next week as protesters continue calls for him to quit thousands have rallied for several days in the capital bangkok th