Im Francine Lacqua in london. European stocks edging higher. U. S. Futures pinning hopes on the american stimulus package. The dollar is slipping. I am also looking at treasuries pretty much steady. Texas crude oil steady at 40 a barrel. Lets get to the first word news. In the u. S. House democrats have started drafting a new stim in this proposal of roughly 2. 4 trillion. The plan could get passed by the house next week. While smaller than the package in may, it is larger than what Senate Republicans say they can accept. President trump has excepted he will go as high as 1. 5 trillion. Your Governor Andrew Cuomo says he does not trust the Trump Administration over a vaccine. He vows the state will independently review anything authorized by the federal government. Polls show a growing mistrust over a vaccine. New york may require travelers from europe to abide by its 14 day quarantine rule. In the u. K. , rebel numbers of the conservative party are threatening to seize the power of pa
Good morning, everyone. Welcome to bloomberg surveillance. Im Francine Lacqua here in london. We are getting some breaking news out of the u. S. This is President Trump, according to bloomberg sources, putting up to 100 million of his own cash into the president ial race. This is what the markets are looking at. If you look at eurodollar, there is a bit of movement on eurodollar, but also pound. European stocks are sliding, led by technology stocks. Oil dropping 28 two month low to a two month low. There is concerns that President Donald Trump has been stoking these tensions with china and germany. We are seeing construction companies, Mining Companies leading losses across the stoxx europe 600. Lets get straight to the bloomberg first word news. Good morning. Lets start in the u. K. , where the chief brexit negotiator has called for realism from the eu ahead of the latest round of trade talks today. Hean emailed statement, warned britain must be treated as an independent country if pr
Looking at the european stoxx 600, some downward pressure. The focus is on the trade deal. It is a partial trade deal. Will not round tariffs go into effect. A lot of focus on the chinese economy. The other big story is brexit. 125. 66 is where we are seeing cable at the negotiations are ongoing. And there is a brexit summit as we like to call it with eu leaders in brussels on thursday. Coming up on bloomberg surveillance we speak to the former fed governor. Nobel also expecting the prize in economics to be announced later today. Let us get straight to the bloomberg first word news from new york. Says he ist trump ready to go with more tariffs on turkey. This comes after the u. S. Withdrew troops from the north of the country but the move has pushed kurdish fighters into the arms of president assad. Forces from the Syrian Government are returning to the northeast for the first time in years. And spains top Court Sentenced cut elan separatists catalan separatists to 13 years. Former cat
Nejra welcome to bloomberg surveillance. Francine lacqua is in helsinki at the nordic business form. First, lets check in on the markets. European equities turning negative of the stoxx 600. The 10 year yield moves lower after jumping ive basis points yesterday. So a little bit of risk off in terms of equities and yield. But the weaker dollar suggests there might still be optimism out there. Conflicting headlines ahead of the trade talks. Francine lacqua is at the Nordic Business Forum. Do not miss her interview with the ceo and founder of zuckerberg media. Thats coming up just after 9 30 a. M. And later, francine will speak to finlands economic minister just after 9 45 a. M. U. K. Time. Lets get first word news. To force kurdish militants away from the region, turkey has launched a military incursion into syria. Four years them and kara for ankara has fought and says it will not allow the kurdish protostate on the border. When asked what President Trump would do if turkey wiped out th
Francine good afternoon if you are watching from asia. This was a couple of days after the news from the saudi attack on the infrastructure of saudi aramco. Bank raised its benchmark rate to 1. 50. They had flagged they would raise rates. Wereeason why people questioning whether they would do it is because the World Economy is more uncertain than a couple of months ago and you see a lot more dovishness from the ecb and the fed. Toit is quite difficult raise Interest Rates in this kind of environment. Eurodollar at 1. 1, and because it has been a very big week in oil, we have a look at the oil price. Norwegian krone on the back of raised, having a significant move to 9. 85. , we speak to the governor of the norwegian central bank. Dont miss that interview just after 10 30 a. M. London time. Lets get straight to bloomberg first word news in your city. New sanctions against iran are coming. This is from President Donald Trump in response to the attack on a key oil facility. Michael pompeo