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Fivemonth high. I am calling it the by a celling rally, even the news situation earlier. We will break this all down, speaking with pgim economists nathan sheets and betsy graseck. We want to dig deeper now into this tech rally after amazon added more than a billion dollars in market caps. Abigail has more. Last week it was about it is done now, but that is not the case. Wasail co. Yesterday incredible. Year,s the story of the we will see the stayathome stocks drop, and yesterday that nasdaq 100 on fire up more than 25 , this relative to the s p just up 1 . This has so much to do with the weig...

A whole bunch of other smart people set lower for longer. That is the message this morning. Futures up 19 but to me, the story is the bond market. As you know, those huge negative and persistent real yields. A range of assets and securities, it is interesting to see dollaryen breakdown. Still, equities are firmer on the day, futures up by 6 10 of 1 . We do this going into a battle down in washington, d. C. As long as it is just about size, we will have an agreement. These negotiations are now about thats great, but that means there is a timeline and i dont believe we have the luxury of a timel...

A medical journal is due to publish more information on the vaccine trial. Welcome to bloomberg surveillance. Im Francine Lacqua in london. The markets are more quiet, but a lot of the focus is euro given what weve seen in the markets and what we saw with the eu leaders. The eu strengthening to a fourmonth high, bond spreads narrowing as regional leaders in europe make progress negotiating a stimulus package for economies devastated by the pandemic. Eurodollar, 1. 1455 and gold flat. Lets get the first word news with laura wright. May joink. International allies and suspending its extradition ...

Not a pretty chart. How concerned is the governor of the bank of england . Governor is extremely concerned. We also had forecast this morning from the ob are, the fiscal watchdog, suggesting unemployment is going to remain extremely elevated and is likely to rise into next year. That will make the governors job in the chancellors job very difficult. The real question is, where does the stimulus come from . Does it come from the treasury in westminster, or does it come from the bank of england . I suspect it will be the bank that does the heavy lifting, not the treasury. Both will have to do so...

Of 1 ow by only 1 10 versus the u. S. Dollar, but nevertheless it seems to be a logical move for the markets. In terms of what we have got coming up, we will be talking about whats happening in the race to find a vaccine. We will be joining by the ceo of novavax. With the United States getting done earlier on. This stock has been on an absolute tear this year, today really adding on to that as well. We will get that take on the progress thats being made and what the money is going to be used for and in terms of where he is relative to his peer group in the race for the vaccine, the many vaccin...