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Europe, up by 2. 5 . Todays number from barclays, very strong. We are going to hear from jes staley a little later in the program, our interview from early round. The pound bouncing around all over the place. We were into 1. 31. I think this is broad Dollar Strength rather than anything else. Take a look at the bloomberg dollar index. Alix rising covid cases impacting the economic data. Composite pmi for the euro area dropping below the 50 mark, which shows contraction. Meeting. O ecbs next joining us is john hardy, Saxo Bank Head of fx strategy. Does 1. 18 make sense for when you consider the...

The broader markets are approaching previrus levels. Passed . Or crisis has tiktok is seeking another legal and to curb the use of the out in america. Shery lets get a quick check of the markets. We are seeing u. S. Interest, on the market pretty flat. Had hopes for reelection preelection stimulus, and those hopes are fading away. We have mixed banking reports. The s p 500s song for a second session. Communication stocks are leading decline. As oil rose in todays sessions. Take a look at what oil is doing right now. It rose to the highest level in nearly one week. We got a weaker dollar. The u...

From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking...

Reporter some places that were on the list were spared any outage at all and others saw the weather subside and few problems getting power back on. But there are still 32,000 customers spending a second night without. It was last night at eight zero 7 pm. That is a good thing. Reporter generators and extension cords put away as neighborhoods in the mount diablo foothills were reenergized by pg e. They are dependent on weather forecast. Reporter this home and retire for the phone company and recalls it is better to under promise than to disappoint. You get your outside estimate because that is ...

Multiple seeking challenges in the rise of yonperforming loans, so m second question is on banks. The general counsel discuss the onond containment measures european banks . Thank you. Thank you very much for your question. Tltro is a longterm refinancing scheme that is really intended help the financing of the economy because banks are offered very attractive terms in order and provided that the lind to the economy. It is not that they lend to the economy. It is not that it was a very generous package of refinancing without any conditionalities. The banks are going to only be eligible to the ...