To the upside. Other news coming through about approvals for future houses as well. The asx up 119 points. Thats move along and look at other Asset Classes. Crude trading yesterday with a 33 handle, hasnt had a huge rally since then. Part of that is down to russia and opec looking like they will not be hiking reduction in january. That news helping to propel oil prices up to over 97 in the last six hours or so. ,old remaining where it was just shy of the 1900 level. Thats ahead of the u. S. Election. The u. S. Dollar index marginally down, the Rate Decision coming expecting a 0. 15 cut in the base rate and we do have in anticipation of all that move slightly higher than that, and thats down to a commodity related currency and the crude price helping that along. Lets head over to new york and join karina mitchell. We start with the latest headlines on the pandemic. Starling fell to its weakest in the month, with an economy already reeling from similar measures earlier this year. France
And today in the bay starts right now for you on this friday morning. Thanks for making us a part of your morning. Im marcus washington. Im laura garcia but i cant hear you so im going to work this little Technical Glitch out right now and let you take it away. I will take it away from here. Mike has a look at the commute, but first kari hall with a look at the forecast. We are starting out with some mostly clear skies and also some nice, Cool Temperatures. As we take a look at what to expect for the week, were going to be a touch cooler for today with our afternoon highs mostly in the 60s and 70s. But we do have a great weekend ahead as we celebrate halloween and, of course, well remind you at least 100 more times to set your clocks back one hour as Daylight Saving time ends this sunday. But looking at our temperatures today once again really nice as we are looking at highs that will reach into the upper 70s and low 80s. Well talk more about this coming up in a few minutes. Mike, how
Morning and the vote count is not done the votes have been cast but the counting is long from over we still dont know who is the next president of the united states, im darya folsom and im james the race still too close to call ballots as daryn mentioned have been cast theyre in. Their ballot boxes being open being certified being counted and thats a process as it is every election cycle that takes days and as expected it is going to take days once again for this election cycle as well we heard joe biden saying be patient. We heard President Trump saying falsely that he has one. The election. And then he will go to the Supreme Court to get the vote counting to stop. He falsely claimed the democrats are trying to steal the election. By continuing to tally the vote. Youre going to hear exactly what he had to say in its entirety we will have that in just a moment right now though were waiting for 6 states to be called because james as we said they are not done counting. The legitimate vot
Over to you. Thank you, mike. Breaking news out of turkey where a 7. 0 earthquake has reduced some buildings to rubble. It construction about an hour ago southeast of ismere off the coast of turkey. This video of a building just came toppling down, layer upon layer, so much debris. Images of crumbled buildings and smoke are flooding twitter this morning. The governor of the city says the city suffered extensive damage. The video is said to be some of the hardest hit neighborhoods there. So far we dont know of any injuries to report but you imagine there must be some with these buildings reduced to rubble. Well continue to monitor everything going on there. 6 01. Now moving on to decision 2020 just four days to go until election day. A record 82 Million People have already cast their ballots and this morning we have live Team Coverage. Cierra johnson with some of that early voting. The final push on the campaign trail, tracie, its really all about the midwest today. Reporter right, marc
And tom keene on Bloomberg Television, Bloomberg Radio across this nation, one day to the election, and to all of you worldwide, good morning. An incredibly busy newsweek. After the election, weve got the fed, weve got jobless claims, and a jobs report on friday. We are really focused on the election. How do you from london see it. Jonathan elevated volatility going into it, and a breakdown in correlations. For markets, i think it is really tricky right now. Typically you would expect some inverse correlation between stocks and bonds. At are not getting at the moment. Difficult is really to assess what the politics actually mean, and to put together a portfolio around it. Tom we are going to talk to an esteemed guest about that. I got to ask you about the lockdown. We heard earlier this morning the exceptionally difficult weekend Prime Minister johnson had. It is government threatened . Jonathan his government is failing on this front, and plan has failed as well. His party, that is wh