Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
Countries in europe have rebounded sharply from the hefty 2nd quarter downturn caused by the pandemic a 1st sight it looks like good news but theres more to the story germany has seen a jump in g. D. P. Growth of 8. 2 percent in the sort of quarter similarly france said its economy grew by over 18 percent between july and september hiver those are both massive drops earlier in the year meaning the economies are not yet back to prepare levels and with europe facing a new round of shutdowns amid a surge in new coronavirus cases businesses are fearful for the future these German Properties are harassing but i have to drop the act on the 2nd look down takes effect on monday that day made my the end of the ban in puppet play group named the hell me just like then there are many artists restaurant and as an event organizers who are feeling the pinch. You know everyone has to fend for themselves now some of us will apply for other jobs and someone even apply for Welfare Benefits to make ends
A lowerures point to open on lockdown news. Fears rise of a prolonged economic slowdown. And u. S. Equity futures trade higher. 24 hours to go. The president ial campaign enters a final stretch as donald trump and joe biden focused on the key swing states of pennsylvania. Biden leads his rival in a series of weekend holes. It is 6 00 a. M. In london and dublin. Ryanair. Good morning. We have an expectation for more losses. First half losses, record losses in the second half relative to the first half. Theres a couple of lines that are critically important. 1. 18 billion. There is no fullyear guidance going into 2021. As Michael Oleary and the rest are facing new lockdowns and the u. K. In terms of no leisure travel, it must be essential travel. This is the message from Boris Johnson. It could be extended. Ryanair expects record losses in the second half but theres one line here and we will put it to Michael Oleary himself. He joins us very shortly. Putting measures in place to owned. A
Against a u. S. Company in decades. Google says the government case is deeply flawed. Late tradenges in after missing on subscribers last quarter. Its outlook for the current period is below expectations and investors are not happy. Haidi we are just getting a little bit more of an update on these ongoing stimulus discussions in washington, d. C. Nancy pelosi saying she is optimistic a deal can be done before the election and that she is calling on Committee Chairs to resolve some of the differences when it comes to funding levels and language so they can get back to negotiations between her and secretary mnuchin as soon as possible, crucially saying she remains hopeful an agreement will be safer, bigger, and better, and will be retroactive as well. We are seeing that reaction when it comes to the futures markets. Lets look at the asian trading day. Sophie kamaruddin is here with us in hong kong. Seeing s pare eminis gain ground and a muted start in asia with the asx 200 coming online
Around 9 10, a speech by chairman powell. Much at the center of a storm in many ways. Fiscal stimulus seems to be off the table as the political backandforth of the rnc and dnc take focus. Really interested to hear what he says about inflation is real yields dropped near alltime lows yet again. Tom the real yields dropping is increasing inflation expectations. I looked this morning at great britain, at the united states, europe, and switzerland, and the rate of change of the inflation expectations, with the u. S. Leading the way to a higher vector versus the other three major countries. Weve got a lot to talk about. Heres Lisa Abramowicz with the morning brief. Lisa it 30 a. M. Is the other bonanza of data ash 8 30 am is the other bonanza of data we are getting 8 30 am is the other bonanza of data we are getting. We are expecting another one million new initial jobless claims filed. This brings 23 of the past would you for weeks at one million or more of the past 24 weeks at one millio