Europe, up by 2. 5 . Todays number from barclays, very strong. We are going to hear from jes staley a little later in the program, our interview from early round. The pound bouncing around all over the place. We were into 1. 31. I think this is broad Dollar Strength rather than anything else. Take a look at the bloomberg dollar index. Alix rising covid cases impacting the economic data. Composite pmi for the euro area dropping below the 50 mark, which shows contraction. Meeting. O ecbs next joining us is john hardy, Saxo Bank Head of fx strategy. Does 1. 18 make sense for when you consider the rising uncertainty . John of course, the pressure should be on the downside given the covid resurgence. I think the general take on the could be that if we are seeing this democrat sweep scenario, we are positioning for a weaker dollar for some time in the future. Anything looks fair between 1. 17, and to me, this is the upper area of where we should be. We shouldnt be doing anything and eurodoll
Australian government is slowing down. It is flat in the session. The jci and jakarta composite index just started off its trading day. Dollar index moving to the upside. Sterling is flat at the moment after gains. Those gains coming about after we got brexit talks being extended to the end of october. That is adding some optimism that may be a deal could be done after one of the chief eu sides comingid see close together at the end of last week. Crude oil and gold moving to the downside as we have limbo in regards to the fiscal package or stimulus package out of capitol hill. Lets have a look at what is going on in terms of the first word news as we get over to new york and join Karina Mitchell. Karina global coronavirus numbers continue to make headlines with the u. S. Reporting record infections for the second day in a row. The white house saying the administration is not going to control the crisis. the news comes as Vice President mike pences chief of staff tests positive. Withe h
Vermont few shall only swear there will be true and faithful to the state of vermont. Federal regulators now say that Vermont Yankee is fit to be open for another 20 years or jeanne a bowler joins us now with the latest on this jena kristen late this afternoon in a Conference Call the n. R. C. Clear Regulatory Commission and now said they voted to extend for model employees license the n. R. C. Says it will formally issue resumed his new license in a matter of days but under vermont law the Public Service board and the Legislature Must also approve a license extension. You going. Tonight on nightline a Nuclear Emergency a massive new exposure rocks a crippled reactor plant in japan prompting the greatest fears yet radiation. And a new wave of back to a should. Fall out of reactor up in smoke how dangerous radiation leaks can be a plant located on a seismic fault the smoldering disaster zone the latest challenge at the Fukushima Daiichi site a fire in the number 4 reactor thats right do
A matter of days but under vermont law the Public Service board in the Legislature Must also approve the latest in 6 tension. If youre going. To go. Tonight unlike last Nuclear Emergency a massive new explosion rocks a crippled reactor plant. Prompting the greatest radiation. And a new wave of a back to a ship. All out. Reactor up in smoke dangerous radiation leaks can be a plant located on a seismic fault the smoldering disaster zone the latest challenge at the Fukushima Daiichi site a fire in the number 4 reactor thats right down here in the area just near the roofs were highly radioactive spent fuel rods are stored in this turn for the worse in reactor 4 after a day in which there was some evidence japan might finally be making some small progress as it struggles with the worst Nuclear Crisis since trolled. Lets assess the risk with Arnie Gundersen hes a Nuclear Safety advocate who consults with state governments about the Yankee Nuclear plant mr gundersen is joining us on the telep
Covid19. His physician warned he may not be entirely out of the woods. Global stocks still see modest gains. Hong kong maintains its coronavirus social distancing measures. 34 u. S. States see more virus cases than they did a month ago. The cdc warns the virus can spread indoors in the air beyond six feet. Deutsche banks ceo tells bloomberg exclusively it could consider m a as early as next year, but with one caveat. For us, it is important that we are not a junior partner. That means we first have to sustainably increase our profitability. We are just under an hour away from the start of cash trading in europe. We have german factory orders coming out on the ticker. Rising orders in august 4. 5 month over month. That is better than the estimate sorry well, the estimate and the previous reading or both 2. 8 . 4. 5 beat the estimate and the prior reading. Yearoveryear, you have to drop 2. 2 . It is not as bad as the 3. 8 that was estimated by economists, and not as bad as the 7. 3 drop