The formal application caps a period of speculation that this would be occurring. We are seeing pfizer in premarket rise nearly 2 , biontech down. 3 . Interesting to see how this is confirming what a lot of people have expected, but adding to the risk on feel that we are seeing in markets today. The sense we are going to move past this period that has been incredibly painful economically, as well as socially. Francine lets get the details from fan from sam fazeli from bloomberg intelligence. The news is out. How quickly can some of these clearances be given . Sam good morning, francine. Fdahe u. S. We have the meeting coming up on december 10. It is possible they move on that pretty quickly the next day or the day after. And then in europe, this is the combination of a process that started off sometime in early october where the companies have been filing their manufacturing , and there is no new data in the press release. So it is possible that we should get a European Response by bef
Away. Knife edge. Brexit talks near a compromise on fishing, leaving the level Playing Field the biggest obstacle. Can the side to get a deal through today . Sanctions hit sentiment. Stocks and futures flip as the u. S. Is said to add more chinese officials to a blacklist and the rollout begins. Coronavirus vaccines start in the u. K. Tomorrow. The u. S. May follow suit by the end of the week if the fda gives emergency and approval emergency approval. I have been away for six weeks on paternity leave. It has been fantastic. Not much seems to have changed in terms of markets. We are still in crunch time. We are still looking at covid infections rising to alltime highs. We are still looking at u. S. Stocks rising as well. I guess the vaccines is the hopeful sign. Maybe this week, the good change we have all been waiting for in 2020. On return, everything has changed and yet nothing has changed. Certainly new information. That has been a real game changer. But we are still as you say at c
High just days after sinking to near 16,000. One market watcher says he knows a bubble when he sees one. And what starbucks is doing to support frontline workers for the entire month feel good trending story of the day on this tuesday, december 1, and this is worldwide exchange. Welcome from wherever in the world you may be watching. Thanks for joining us on this tuesday. And welcome to december. After 42 months this year, we made it. And here is how your money looks. Stock futures are in the green not by a lot, but they are higher nonetheless you know what . I stand this is the kind of time where you like being wrong. You look at the futures literally, i dont know, ten minutes ago, 15 minutes ago and they werent doing that much now you have an implied open up 350. Wow. Remember people roll in in the mornings futures, i dont want to say they are worthless, but they do evolve as the morning goes on as more traders in the u. S. I would say get into their offices but now i would say just
Fears. Republicans are sounding more optimistic about fresh fiscal support while u. S. Virus cases spiral. Good monday morning. 6 00 a. M. In london, 7 00 a. M. In brussels, where brexit negotiations are taking place over the weekend. Lets see where we trade this monday morning. We did not get a brexit deal. What we do see after the friday rally, the s p 500, the doubt, the russell the dow, the russell, all hitting new highs. The u. S. Plans to add sanctions on about a dozen chinese officials. The msci down about 0. 2 this morning. Many futures are down 0. 3 . 10year yield on friday inching closer to 1 , a level we havent seen since march, steepening on the t the largest steepening since 2017. This is on fresh stimulus talks. The pound, we saw some softness. The pound is the barometer for brexit, and brexit negotiations resumed in brussels yesterday. Signs one of the biggest obstacles to a trade deal is close to being resolved. U. K. And eu are hoping to finalize the deal, but another
Tom keene is away and no doubt he would like to talk about this, the redhead blind across the bloomberg with continuing eu trade talks year coming from a spokesperson. Lisa, you asked about deadlines. According to the lease latest deadlines, what do we do about trade talks . Lisa i love that you say the tomo want to talk about this, the implication being that you will not. Thats a very, very not subtle subtext here as you talk about what is a deadline, after all. Jonathan he is of course are chief exit correspondent and he will be interested in the headlines, as will many in the u. K. They are rolling up continuing trade talks next year with the Prime Minister engaging with a phone call with the Commission President later on today. Thats the story for the markets. Otherwise not paying much attention to this whatsoever. The rest of the world has been focused on the headlines around the pandemic. Its a record high in the s p right now. Record high and the nasdaq. In the nasdaq we had eig