A battle of 2 giants france says it wont make human rights a condition for arms sales to egypt as president sisi visits paris. Really. Funny and cutting a new record bob dylan sells all his songs to universal music and one of the biggest such deals. Announced and how much of the sport as europe hold its qualifying draw for the 2022 world cup in qatar details coming up this hour. Thanks for joining us we begin in the u. S. Navigating its way through a president ial transition as well as a worsening coronavirus situation a record 100000 people were admitted to hospital on sunday with more than 2000 americans dying from the disease every day so the president elect joe bidens reportedly made his pick for Health Secretary one of the incoming administrations most consequential jobs and hes eyeing this man hes californias attorney general have you have a sarah for the position well in his home state some 33000000 californians are now under sweeping new restrictions private gatherings will be
Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o
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
Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 yesterday and we are seeing expectations of negative rates dissipate even further. Unlovedtors rotate into areas, it may not mean the end of things that have been successful so far. John praveen is Portfolio Manager for qma. He joins us on the phone from new york. We are talking about what happens to big tech given the rotation trade gaining a more solid footing. Is it the behavioral changes, chan
Is the first air travel bubble of its kind. There we go. We should be watching airline stuff as well but a lot of that thisready priced in after bubble was announced a few weeks ago. A have a look at the tech index here. Alibaba and tencent on the market at the moment. They are taking 179 points off the hang seng index itself. That is as we are seeing this rotation out of tech stocks, a global phenomenon at the moment. This will be because of the regulatory challenges we will be facing through some of these online retailers. Juliet . Juliet lets get Market Analysis with patrick, the global asset strategist. Patrick, we are finally getting this news of this travel bubble between singapore and hong kong. This is one thing that investors have been looking for when we start to see Global Travel open up and how that will feed into the energy markets. Lets get to our question of the day. That is when will crude back to these march highs . What is your view . Patrick morning. We are not speci