Well, its looking like the f. D. A. In america is probably going to be making an announcement round about the 17th of december. And if thats the case, and if thats positive, then these vaccines are going to be shipped literally within hours, as weve just heard on that report. Now in terms of the european situation, the europeans, magid medicines agency, typically this can take months or even up to a year to approve a new vaccine. So we really are in unprecedented territory here. And its going to be remarkably interesting to see what sort of timelines they come up with. But i think we can rest assured that they will be working flat out on this. Theyll be doing a lot of hard work on the files that are not important to member. Its a rolling program, so they have access to much more information than we have pfizer, midden it will be reporting to them on a daily basis with the latest information. Well have all the latest information at their fingertips, but of course this is not pay reviewe
Of the covid tunnel. Two down, two to come, Johnson Johnson and astrazeneca. Thats the main reason for the big monday morning rally with the dow jones up about 450 points. Tao, 30000. If we gain 500 points the dow jones is at 30k, again in a one half percent. Smaller game for the s p and nasdaq slightly lower. That is the market. Love the rally. Hate this of violence. Trump supporters attacked in washington dc last night with tens of thousands rallying peacefully, but after nightfall violence. A limited Police Presence and virtually no mention about this in the Mainstream Media and so far no statement from the biden harris camp. Bernie sanders now says he has not met anyone who wants to defund the police. Has he talked to aoc . Editorial, the company ministration deserves credit for the Rapid Development of the vaccines. Republican states like florida deserve credit for opening their economies to get the country moving forward and democrat governors in new york and california and elsew
Because effects are being felt on the other side of the u. S. As far off as new york. Charged with undermining National Security but a russian protest leader Maria Kolesnikov could go to prison for up to 5 years. And Japans Parliament picks the next Prime Minister if he days to his priorities include fighting the pandemic and reviving the economy. And timely harding with all of your sports news the former head of world athletics would mean diac has been sentenced to 2 years in prison after being found guilty of corruption well bring you more on that story later this news hour. Well a 2 pronged weather assault in the United States has people fleeing wildfires one part of the country and rushing to avoid severe flooding and another slow moving Hurricane Sandy has made landfall on the gulf coast threatening to unleash heavy rain and catastrophic flooding and another powerful storm is also brewing in the about to take her. And teddy could hit being the new to as an early as this weekend an
Reported a good quarter, but the Third Quarter guidance not needing the mark. Att stopped plunging 15 , the lows, down 18 . Its worst day since 2002. Another big story, we have been talking about silver. The spotlight today gold crossing above 1900 per ounce earlier. That haven asset, also you could say a derivative of fed liquidity on the others. Painting a risk out picture for all of this, we have the yen up for a second day. Dollaryen up 1 . That tells you investors are going into the yen, which is a true haven currency. Lots of pressures gritting this risk off picture. David it is not just the dollaryen. The u. S. Dollar is down overall. It is weakening. Is that right . Abigail yes. It has been down five of the last six days. One update was up ever so slightly. From a technical perspective it has been breaking down. A weak dollar is what happens when the fed pumps a lot of liquidity, easy money into the system. The fact you have the dollar week could suggest some traders may not li
Largest number of coronavirus cases in the u. S. Its a passing new york. Cemeteries are overflowing in the hospitals running out of space desperation in bolivia and the government wants the virus will reach its peak only in august. So then he has been criticized for his response to the worsening coronavirus pandemic and the demands for Racial Justice following George Floyds death with just over 3 months to go before the president ial election donald trump is taking action and talking tough on 2 other fronts his administration has ordered chinas houston consulate to be shut down in the latest move against beijing and in the past couple of hours the president has announced that hundreds of federal Law Enforcement officers will be sent to the cities of chicago and albuquerque to combat what he calls rising crime state governors and city officials all democrats say they. Its a political stunt the announcement follows a night of violence in chicago which included a gun battle between gang m