And surrounding counties are playing a large role in this National Drama as the votes are being counted. Right now, as expected, joe biden has taken the lead. I think that we will continue to build. I dont think there is any drama about that. Most of us who have been in politics know exactly what those mailin ballots will yield. Right now, it looks like joe biden will broaden his lead in pennsylvania. David we want to count all the ballots, we all agree with that, but we heard joe say it is pointing in one direction. We spoke with ed rendell yesterday, and he said he things it will be an 80,000 margin for joe biden. As a political scientist, does that sound plausible . Jeanne i think it does. Joe biden could win with an even larger margin than donald trump won pennsylvania in 2016. The number he gave you yesterday sounds about right. We know the ballots being counted now, absentee mailin ballots, are going in the 70, 80 range for joe biden. Those are lifting his numbers. That is why we
Commodities having a positive session the far. Astrazeneca stock is actually down today. The s p is up i 014 . It is a monday. We get vaccine news. Generally it is taken quite well. Cyclicals have a bigger day. That seems to be the narrative that is establishing itself. We do have a euro that has weakened. The manufacturing pmi data out of the united states, and i know the ism is more important in terms of what people look at, but nevertheless, the manufacturing data was strong, and as a result, the dollar went up. It does seem to be something of a consensus now that the u. S. Is simply a few weeks behind europe. You only have to look at what is happening with the eurozone data today to get a sense of how far pmis can fall. Highs,off our earlier off by 0. 2 percent. Boris johnson is currently talking about covid. We are also possibly making some progress when it comes to the brexit story. Certainly today, the big driver is definitely that news on astrazeneca. Alix Boris Johnson saying
Christine lagarde, president of the ecb, moderated by Francine Lacqua. Francine what a great pleasure to be here with Christine Lagarde, president of the European Central bank, and welcome to the forum here at bloomberg. Everyone is talking about the vaccine. How will that actually change your forecast and the economy if we do get a vaccine early next year . Ms. Lagarde it is lovely to see you and to participate. To your question, i am not sure it is going to be a major game changer for our forecast, simply because what we had anticipated in our baseline was that some stage in the first half of 2021, there would be a vaccine, and that it would be rolled out in the course of 2021. So it might be a little back celebrated a little bit accelerated given the news we are receiving from the various horizons, germany, the u. S. , but i dont think it is going to be a game changer, so to speak. I think that our forecast is being revisited all those times we speak, and we will be releasing on dec
2. The center, what american holidaymakers would have known, there are not many people around. If you look at the shift, where people are going to get their contact lenses, shopping, it is really more on the outskirts, where the parts of london that are still in Central London but where people have homes, because no one has gone back to work. I think 20 of the city of london occupied. There was a wave of people coming back, and that is where Boris Johnson and announced extra restrictions. But the schools remain open, and this was the linchpin of the Boris Johnson strategy. You close Everything Else and keep the schools open. Johns hopkinsve university with us today. I believe the leadership of outside i will be with us as well. There is ritika gupta. Ritika another legal stepped another legal setback in president trumps bid to overturn joe bidens election victory. Georgiasto halt recount Election Results has been denied. Biden won georgia by more than 12,000 votes. President trump is n
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. Trading at thell highest since november 1991. A quick look when it comes to u. S. Futures as well. S p active futures u