BFJ Daily Hawkeye by Session AP 10112020

BFJ Research
10.11.2020

Trending News Headline

Equity
Pfizer	Pfizer and BioNTech’s Covid-19 vaccine found to be 90% effective
Softbank	SoftBank removes Rajeev Misra and Marcelo Claure from board
VF	VF snaps up streetwear line Supreme in $2bn deal
Apple	Apple supplier Pegatron found using illegal student labour in China

Fixed Income
US Bond	The yield on 10-year Treasuries climbed 10 basis points to 0.92%.

Currency
USD	Republican Senate majority leader Mitch McConnel defends Trump’s pursuit of election challenge; Donald Trump sacks defence secretary Mark Esper
GBP	Boris Johnson has created a cross-government group to attract foreign investment in strategic projects as Downing Street works to bolster the UK’s post-Brexit appeal.

Metal
Gold	Gold was at $1,863.73 an ounce. It dropped 4.5%.

Energy
WTI	West Texas Intermediate crude fell 1.1% to $39.84 a barrel, paring a 7.3% surge earlier

COVID-19 Global Pandemic Latest
Region	Confirmed Cases	New Cases	Recovered
Global	51,210,761	+459,287	36,022,312
U.S.	10,409,880	+113,613	6,541,376