Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. This is what the gap. There is a big movement on europound. That is what i would be watching. Also data coming in better than expected but really still under 50 at 41. 7. If you look at the data, the story on the markets is exactly what is happening with euro pound. Now, the fact that france is now floating a veto threat over the brexit deal makes a lot of Market Participants very nervous. I am looking at our live blog, in 2020 at funny expecthe basically says eurosterling to appreciate rapidly through the september high. Leaplks about ready to Tall Buildings if the trade talks fail. Overall, looking at global stocks really pausing for breath after record highs. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Expanding the lockdown in germany for three more weeks until january 10. Reassessrkel wants to the restrict
Writtish capital is set to see tighter virus measures. Here in germany, new cases rise by a record amount. Goldmans golden earnings. The bank posts wall streets biggest jump in bond trading so far this season. Revenue at all four divisions is up on the year. And burriss johnson tells e. U. Leaders he is disappointed by progress in brexit talks. The city of London Corporation urges both sides to avoid an act of self harm. Just under an away away from the start of european and u. K. Trading. We are seeing futures down substantially across equity indexes. 66 . Futures down. In terms of u. S. Futures, we see losses of about a third after percent, a little more on dow ubledigit on the jones and s p contracts. Anna, what do you see on the gmm . Anna lets get to that and see what is happening over in the asian session. We are weaker. We have futures pointing lower in the u. S. And you were and weaker through the asian sector as well. Outh korean sector down by. 7 . A lot to think about. The v
It will have to wait. The word from u. S. Congress as the next tranche of stimulus may not come until august. President trump holds his first briefing and says wearing a mask is patriotic. And mixed picture for stocks but the euro holds onto gains after hitting an 18 month high as european earnings continue. Beatics company abb estimates and we will speak to the ceo shortly. And elon musks next payout. The tesla ceo qualifies for 2. 1 billion more as the market value reaches another new milestone. The big test comes today as they report earnings. Under one hour away from the start of cash trading in europe. Lets take a look first off at futures. They are down. Looking at jobs of about. 25 to. 33 . The euro is one of the most interesting stories today. What do you see on the gmm . Got a little bit of weakness coming through in the Asian Session, down. 2 . Some breaking news. I mention it because it is good news. Operating, a business in u. K. Retail, i had to read this twice to make sur
Lockdown in that country, and Risk Appetite builds. Asian stocks had for their best day since 2008. Equity futures point to a positive open in europe, as well, after an incredibly positive day yesterday. Just under an hour away from the start of cash equity trading on that continent in europe and over in the u. K. Lets look at futures after yesterday, the dow put up a up ad game the dax put record gain, almost 1000 points yesterday. It is pretty astonishing that we well. Tures up today, as i should say, the dow yesterday in the u. S. Put up a record gain of sorts, the biggest gain in the Dow Jones Industrial index average since 1933 and yet, you see futures on the s p and dow jones positive, nasdaq futures down a little bit, but they also saw a big gain in tech stocks yesterday, the nasdaq jumping yesterday about 10 . A lot of indexes yesterday in the u. S. , jumping 10 . The nasdaq, really just joining the bunch. Our top story is the stimulus packages across europe and in the u. S. Wh
The uk. Spains foreign minister insists the country is safe to visit and is talking to the uk about excluding the canary and Balearic Islands from the quarantine. Southern texas in the United States braces itself for heavy rains and flash flooding, as storm hanna rolls through. Hows that for a comeback . Cricket fans are allowed into the oval in london for the First Time Since march for a friendly between surrey and middlesex. And a st bernard has been on the other side of a rescue mission after collapsing while walking down englands highest mountain. Welcome to bbc news. The government has defended its decision to re impose a 14 day quarantine for travellers entering the uk from spain, following a spike in the number of new cases there. Europes biggest travel company, tui, has cancelled all holidays to mainland spain for the next fortnight. The spanish authorities insist their country is safe for tourists, despite the new quarantine measures. The Foreign Office has advised against all