Sanders-Warren tension dominates final debate before Iowa caucuses

It was the tension between Senator Bernie Sanders and Elizabeth Warren that dominated the seventh Democratic debate Tuesday night, following a report that Sanders had told Warren in a 2018 meeting that a woman couldn’t win the presidency. 

The two candidates, who have been generally friendly up to this point and avoided criticizing each other, changed their tune on Tuesday, with just under three weeks to go before the Iowa caucuses. The two were caught on camera in a tense exchange after the debate, with Warren appearing to decline a handshake with Sanders. 

After much of the first hour of the seventh Democratic debate was dominated by foreign policy questions amid U.S. tensions with Iran, the two finally got a chance to talk about what seemed to be a brewing feud between them. On Monday, Warren said during a private meeting in 2018 about their shared goals for the U.S. economy and defeating President Trump in 2020, Sanders told her he didn’t think a woman could win the presidency. Sanders vehemently denied ever having made the statement. 

Standing on the debate stage, Sanders reiterated his denial: “As a matter of fact, I didn’t say it.” He added that he had even deferred to Warren in 2015, in case she wanted to run in 2016 and stepped into the race when she declined. He also pointed out that Hillary Clinton, the 2016 Democratic nominee, had won 3 million more votes than Donald Trump. He asked rhetorically how anybody could believe a woman can’t win the presidency.

Warren was asked what her response was when she was told by Sanders a woman couldn’t win (a question that assumed that Warren’s version of events is true, rather than Sanders’). “I disagreed,” Warren replied, adding that “Bernie is my friend, and I’m not here to fight with Bernie.” 

Instead, she said, it’s time to tackle the question about whether a woman can be president “head-on,” and she pointed out that on the debate stage, the women on the stage had a better record of winning. 
“The men on this stage collectively have lost 10 elections,” Warren said. “The women on this stage haven’t lost any.” 

Tuesday’s debate stage was the smallest yet, with only six candidates meeting the qualifications: Biden, Sanders, Warren, Pete Buttigieg, Amy Klobuchar and Tom Steyer.

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Eurozone November final services PMI 51.9 vs 51.5 prelim

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UK November final manufacturing PMI 48.9 vs 48.3 prelim

Latest data released by Markit – 2 December 2019

The preliminary report can be found here. A slightly more positive revision but it doesn’t take away from the fact that it is still a poor overall reading – another contraction.

Markit notes that UK manufacturers are cutting jobs at their fastest rate since 2012, in another sign that the global slowdown is taking a further toll on the manufacturing sector. Add in Brexit uncertainty, it’s definitely a rough combo for UK factory activity.
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Golf: Schwab takes three-stroke lead into final round at Turkish Open

Golf: Schwab takes three-stroke lead into final round at Turkish Open Golf: Schwab takes three-stroke lead into final round at Turkish Open

(Reuters) – Austria’s Matthias Schwab maintained his consistency and carded a six-under par 66 to extend his overnight lead to three strokes after the third round at the Turkish Airlines Open in Antalya on Saturday.

Schwab, who led by one at halfway, eagled the first hole and sank six more birdies — offset by a double bogey on the par four 12th — to go 18-under overall and lead five others tied for second at the Montgomerie Maxx Royal golf course.

France’s Benjamin Hebert, England’s Tyrrell Hatton and Ross Fisher, American Patrick Reed and Scotland’s Robert MacIntyre trailed at 15-under overall to give Schwab a realistic chance of claiming his maiden title on the European Tour on Sunday.

“The game plan is going to be the same as it’s been the last three days,” Schwab said. “The course is gettable and there are a lot of birdies out there, so I’ll just stay aggressive because pars won’t be enough.

“I got off to a really nice start on the first hole with the eagle… and then played solid golf all around except for that one little hiccup I had on 12. Other than that, I was hitting them well, I made a few putts. Overall it was a good day.”

Defending champion Justin Rose, who was two strokes behind Schwab heading into the weekend, dented his chances of accomplishing a three-peat after he shot a poor round of 73 to finish tied for 25th — nine strokes behind the Austrian.

Schwab’s compatriot and Race to Dubai leader Bernd Wiesberger signed for a two-under par 70, which was his best round at the event so far, and was tied for 54th.

The Open champion Shane Lowry carded a poor 75 to finish tied for 52nd at four-under overall.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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Verstappen tops final practice for U.S. Grand Prix

By Steve Keating

AUSTIN, Texas (Reuters) – Red Bull’s Max Verstappen set the pace in final practice on Saturday for the U.S. Grand Prix while Lewis Hamilton was an unbothered fifth best with a sixth drivers’ title already in his grasp.

Verstappen, who was stripped of his Mexican Grand Prix pole last Saturday after failing to slow for yellow warning flags, looked determined to return to the front row in Texas after posting the quickest lap of one minute 33.305 seconds around a bumpy Circuit of the Americas.

With Ferrari (NYSE:) chasing a seventh consecutive pole, Sebastian Vettel turned in the second-best effort, 0.218 behind Verstappen, while McLaren’s Lando Norris was third.

Mercedes’s Valtteri Bottas, the only remote threat standing between Hamilton and another title, was fourth, ahead of his team mate.

Hamilton had good reason to be relaxed heading into afternoon qualifying as he is in a position to clinch the crown without even scoring a point on Sunday.

The Briton will secure the title if he finishes eighth or better but does not need to score any points at all if Bottas does not win.

Bottas, 74 points behind with three races remaining worth a maximum 78, has yet to finish higher than fifth in Texas.

Despite having a sixth title almost assured, Hamilton will want to do it in style.

Already the most successful driver in U.S. Grand Prix history with six wins including five in Texas, Hamilton has designated the Circuit of the Americas a “good hunting ground”.

Nobody has won in Texas without qualifying on the front row, though, and no one will want pole position more than Ferrari.

A seventh consecutive pole would equal a record for the Italian outfit that was achieved between the 2000 Italian Grand Prix and the 2001 Brazilian Grand Prix.

If Ferrari are to secure pole, it will likely fall to Vettel to get the job done after team mate Charles Leclerc endured another miserable day in Texas, pulling off the track early in the practice with smoke pouring out of the back of his car.

Ferrari later confirmed the issue as an oil leak and said they would replace the engine with an old one before qualifying.

It has been a problem-filled weekend for the young Monegasque who also saw his first free practice cut short with engine problems.

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Bencic reaches Moscow final to secure WTA Finals spot

(Reuters) – Switzerland’s Belinda Bencic powered past Kristina Mladenovic 6-3 6-4 on Saturday to reach the Kremlin Cup final in Moscow and secure the eighth and final spot in the season-ending WTA Finals starting later this month.

The 22-year-old will make her debut in the Oct. 27-Nov. 3 tournament in Shenzhen and joins Ash Barty, Karolina Pliskova, Simona Halep, Bianca Andreescu, Naomi Osaka, Petra Kvitova and defending champion Elina Svitolina.

“It’s a dream to be competing at the WTA Finals and to be one of the top eight,” Bencic said in a courtside interview.

“It makes it even more special that I booked my ticket at the last possible minute. This match had so much pressure and I was so nervous. Now I’m over the moon to win today and achieve this dream.”

Before that, Bencic will look to seal her second title of the year after her success in Dubai and takes on 2014 Kremlin Cup champion Anastasia Pavlyuchenkova in the final.

The Russian earlier outlasted Wimbledon quarter-finalist Karolina Muchova 6-4 6-7(6) 6-1 in the other semi-final.

“It’s amazing to be back in the final for the third time,” Pavlyuchenkova said. “Every year I play here, I look forward to have a trophy… I’m one step closer now, and that’s special.”

Among the men, Adrian Mannarino eased past Italy’s Andreas Seppi 6-3 6-4 to surge into the final and remain on course to claim his second ATP Tour trophy after winning the Libema Open in June.

He will face local favorite Andrey Rublev, who beat former U.S. Open champion Marin Cilic 7-5 6-4.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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Final Thomas Cook holiday-makers to fly home to Britain

LONDON (Reuters) – The final contingent of holiday-makers stranded overseas after the collapse of tour company Thomas Cook last month will return to Britain on flights departing on Sunday, bringing to an end the country’s biggest ever peacetime repatriation.

The UK Civil Aviation Authority (CAA) launched “Operation Matterhorn” on Sept. 23 to bring home 150,000 people, just hours after the world’s oldest travel company failed to secure the creditor deal it needed to keep flying.

The CAA said 4,800 people were due to return on 24 flights on Sunday, with the final flight in the operation – a service from Orlando, Florida to Manchester – due to land on Monday morning.

CAA Chief Executive Richard Moriarty said: “In the first 13 days we have made arrangements for around 140,000 passengers to return to the UK and we are pleased that 94% of holiday-makers have arrived home on the day of their original departure.”

British Transport Minister Grant Shapps has said the government will try to recoup some of the costs of the repatriation, both from third parties such as insurers and from the failed company’s assets.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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Japan Jibun Bank/Markit PMIs September: final Services 52.8 and Composite 51.5

Japan PMIs, better for services than manufacturing 

And manufacturing here;

Joe Hayes, Economist at IHS Markit: 

  • “The service sector continued to be the driving force behind any economic expansion in Japan as we approach the year-end. It’s looking like a decent quarter of growth is going to be recorded in advance of the sales tax hike, with the PMI for the third quarter pointing to annual GDP growth of around 1%. 
  • “That said, forward-looking indicators from the services survey suggest that some cracks are beginning to appear. New order growth was weaker than the average in the year-to-date, which comes as a surprise given there has been no real surge of advance purchasing ahead of the scheduled tax rise next month. Furthermore, employment growth was muted amid reports of retirements. 
  • “The alarming divergence between manufacturing and services, something which is apparent across many advanced economies, remains at large in Japan. However, underwhelming new business growth suggests that downside risks in the service sector are appearing.”

USD/JPY has been a little bit weaker on the session so far, back toward, and under, its overnight low in a small range:

Japan PMIs, better for services than manufacturing 

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Rafael Nadal beats Daniil Medvedev at U.S. Open final

U.S. Open 2019 — Rafael Nadal
Rafael Nadal of Spain celebrates his victory over Daniil Medvedev of Russia on Sun., Sept. 8, 2019. Getty

The 19th Grand Slam title that seemed so inevitable for Rafael Nadal during the first two-plus sets of the U.S. Open final suddenly seemed in doubt as Daniil Medvedev forced it to a fifth.

What had all the makings of a crowning morphed into a real contest thanks to Medvedev, a man a decade younger and appearing in his first major final. Medvedev shifted styles, upped his level and received an unexpected boost from Arthur Ashe Stadium spectators.

Truly tested for the only time in the tournament, the No. 2-seeded Nadal managed to stop Medvedev’s surge and hold off his historic comeback bid, pulling out a 7-5, 6-3, 5-7, 4-6, 6-4 victory in 4 hours, 50 minutes of highlight-worthy action and feature-film-worthy drama on Sunday, collecting his fourth championship at Flushing Meadows.

Nadal is now within one major trophy of Roger Federer’s record for Grand Slam titles won by a man. But this one did not come easily. Not at all.

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Sure seemed it might, with Nadal ahead by two sets and a break in the third at 3-2. But the No. 5-seeded Medvedev, a 23-year-old from Russia, did not go gently into the night. He broke right back to 3-all, then again to claim that set and yet again to end the fourth.

Not since 1949 had a man won the U.S. Open final after trailing by two sets to one. Never before had Medvedev won a five-set match. Only once before had Nadal lost a Grand Slam match after taking the opening two sets.

And yet the drama here was real.

U.S. Open 2019 — Rafael Nadal
Rafael Nadal of Spain celebrates with the championship trophy. Getty

Even at the very end — or when everyone, save Medvedev, perhaps, figured it was the very end — Nadal had trouble closing things out. After breaking to lead 3-2 in the fifth, in a game Medvedev led 40-love, Nadal broke again and served for the championship at 5-2.

The way this back-and-forth tale was spun, though, it probably was inevitable that Medvedev would break there. And so he did, because Nadal double-faulted on break point after he was docked a serve for his third time violation of the evening.

In the next game, Nadal held a pair of match points, but Medvedev, of course, avoided defeat yet another time, erasing one of those with a backhand winner, the other with a service winner.

With fans screaming, “Close it out!” at the ensuing changeover, Nadal once more stepped to the baseline to try to serve it out, this time at 5-4. Naturally, he was forced to deal with another heart-in-throat break point, but came up with a stinging forehand that drew a long forehand from Medvedev.

Two points later, it was over, and Nadal was splayed on his back on the court, the victor at Flushing Meadows for the fourth time.

Add the Spaniard’s haul in New York to his 12 titles at the French Open, two at Wimbledon and one at the Australian Open, and the 20-19 gap between Federer and Nadal is the closest it’s been in 15 years. Federer led 1-0 after his breakthrough triumph at the All England Club in 2004, and he had four by the time Nadal got his first at Roland Garros in 2005.

Federer, who lost in the quarterfinals at the U.S. Open, is 38, while Nadal is 33 — making him the oldest male champion at Flushing Meadows since 1970. He’s also the first man to win five majors after turning 30.

U.S. Open 2019 — Rafael Nadal
Rafael Nadal of Spain is congratulated by Daniil Medvedev of Russia after winning his Men’s Singles final match. Getty

Nadal says he wants to finish his career at No. 1 in the Grand Slam standings — ahead of Federer and Novak Djokovic, looming in third place currently with 16 – but also insists he won’t base his happiness on how it all shakes out in the end.

This one ended the way he wanted it to. The journey just took more detours than anyone could have anticipated.

Perhaps sensing the end was near, Medvedev turned into a trickier foe. He alternated serve-and-volley surprises with a penchant for out-hitting Nadal at the baseline. For a stretch, it felt as if Medvedev simply could not miss.

It was the kind of ball-striking and shape-shifting Medvedev showed while going 20-2 during the North American hard-court circuit, reaching four finals in a row.

The Flushing Meadows fans that jeered Medvedev in Week 1 because of his on-court behavior – he trolled his detractors by sarcastically thanking them and telling him their vitriol was why he won – were pulling for him.

Or, at least, pulling for more bang for the bucks they spent on tickets.

They certainly got that.

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Andreescu KOs Bencic to set up blockbuster final with Serena

© Reuters. Tennis: US Open © Reuters. Tennis: US Open

By Rory Carroll

NEW YORK (Reuters) – Canadian teenager Bianca Andreescu’s dream run at the U.S. Open continued on Thursday as she powered past Belinda Bencic 7-6(3) 7-5 to set up a highly-anticipated final with Serena Williams (NYSE:) on Saturday.

Andreescu, who has already won titles at Indian Wells and Toronto during her breakout 2019 season, unleashed a torrent of bruising groundstrokes after falling behind 2-5 in the second set, winning five straight games to punch her ticket to her first Grand Slam final.

“It is just surreal,” the 19-year-old said in an on-court interview at Arthur Ashe Stadium.

“I don’t know what to say. It is a dream come true to play Serena in the finals of the U.S. Open. It’s crazy.”

After a strong start from the Swiss, momentum shifted on the first point of the first set tiebreak when Bencic double faulted and her previously immaculate play began to crumble.

Andreescu quickly ran out to a 5-0 lead in the breaker that she won comfortably to capture the first set.

Bencic finally broke Andreescu to open the second set but despite stretching her lead to 5-2, Andreescu fed off the supportive crowd to level at 5-5 after another costly Bencic double fault.

A flustered Bencic struggled from there, giving a sarcastic thumbs up to the crowd when they applauded the double fault before sending a forehand into the net on match point to end the first-time encounter between two of the game’s rising stars.

POWER AGAINST POWER

The final will pit power against power when Andreescu takes on her childhood hero Williams, who claimed her first U.S. Open title in 1999 before Andreescu was even born.

Despite being sidelined at times with injury this year, Andreescu has been a giant slayer when healthy, posting a 7-0 record against top 10 opponents and a 33-4 record overall.

Her route to the final has included wins over former world number one Caroline Wozniacki and rising Belgian Elise Mertens.

Thursday’s win marks a remarkable turnaround for the Ontario native who was born to Romanian parents in 2000.

Andreescu lost in the first round of U.S. Open qualifiers last year and finished 2018 ranked world number 178 but will be at least world number nine on Monday and world number five if she can upset Williams.

In their only previous meeting Andreescu led Williams 3-1 at the Rogers Cup final in Toronto last month before the 37-year-old was forced to retire due to back spasms.

The Canadian was widely praised for comforting the tearful Williams after the match.

Andreescu will have her work cut out for her when she takes on an in-form Williams, who crushed Elina Svitolina 6-3 6-1 earlier in the evening to put her on the brink of a record-tying 24th Grand Slam title.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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