BFJ Daily Hawkeye by Session AP 28102020

BFJ Research
28.10.2020

Trending News Headline

Equity
Facebook	Mark Zuckerberg backs reform of legal protections for social media
LVMH	LVMH and Tiffany in talks to cut price of $16.6bn deal
Microsoft	Microsoft keeps flying high on demand for cloud services
Nielsen	Nielsen in talks over $2.9bn sale of consumer goods data unit
Pfizer	Pfizer urges patience in ‘last mile’ of Covid-19 vaccine process
TikTok	TikTok moves into social ecommerce with Shopify deal

Fixed Income
US Bond	The yield on 10-year Treasuries dipped three basis points to 0.77% Tuesday.

Currency
USD	US coronavirus deaths rise to summer outbreak levels; Biden seeks to expand Democratic electoral map with Georgia visit
GBP	Covid-19 herd immunity theory dealt blow by Imperial College London’s research; UK doctors report declining mental well-being
AUD	Melbourne relaxes strict rules from Wednesday

Metal
Gold	Gold fell 0.2% to $1,905 an ounce.

Energy
WTI	West Texas Intermediate crude declined 1.9% to $38.83 a barrel.

COVID-19 Global Pandemic Latest
Region	Confirmed Cases	New Cases	Recovered
Global	44,221,500	+445,587	32,429,336
U.S.	9,033,994	+71,036	5,872,917