For safer areas after days of intense fighting this is Afghanistans Helmand province heavy rain triggers flash floods and landslides we bring you the latest from both vietnam and cambodia. So lets begin with the coronavirus pandemic as the number of infections continues to surge again across europe many countries seeing their highest levels in months lets run through some of them germany where the daily number of cases is now at its highest level in 6 months chancellor Angela Merkel is pushing for states to impose tougher local measures france is declaring a Public Health state of emergency starting from saturday hospital admissions there are at their highest level since june and the u. K. Well its hit nearly 20000 new corona virus infections in a day which is its 2nd highest number so far england has already introduced a new 3 t. Lockdown system to try to curb the worsening outbreak now at the moment the city of liverpool and its surrounding areas are under the toughest rules and weve
The dollar down is dead, people are beginning to upgrade their forecast on the dollar. The german 10year yeilds are unchanged. A lot of volatility in the equity markets and the foreign exchange. Bond markets are remaining repressed but the Central Banks are doing what they are doing and that is no surprise. Alix a few weeks ago we are talking about 120 for the year. Let us get the latest on the virus resurgence. The french government expected to announce new measures including restrictions on alcohol sales plus public gatherings. Joining us now is maria. Dig into what we can Pay Attention to. We know that the Health Minister will give a press conference and we know that there will be more restrictions, and this is the thing to highlight, this is not for the entire country, but for the region and city of paris, because the population density is high and that is where cases are spreading fats. What they are going to say is you have to scale back social contacts with other people and when
Maria this as millions of americans are in need of aid which may not come until september now, at the earliest. Vice President Joe Biden calling for a nationwide mask mandate as President Trump fires back. More on that plus new fox new polls out this morning. White house brokered historic peace deal coming together in what President Trump is calling a huge breakthrough. The u. S. Has seized iranian fuel cargo at sea. Take a look at futures in the red. Dow futures indicating decline of 130 points nasdaq down 12 and s p 500 currently by 10 points after slight losses yesterday, dow, nasdaq and s p 500 on track for a winning week despite decline yesterday. Nasdaq was up 30 and s p lower by 6 points. Fortnite battle royale. People evacuated from Los Angeles County this morning more than 10,000 acres scorched in less than 24 hours. No flights to nowhere becoming a trend. We will tell you all about it. Ask maria is back this morning and time to turn the tables and ask me the questions and tim
Versus value. We had the nasdaq earlier this week trading at record highs. We have not really seen the other indexes get back to those record highs. Wayrussell 2000 is a mild is a mile away from its record highs. Are you comfortable with this idea that we only have a relatively small cohort of companies and sectors pushing this market higher, or do you want to see broader participation . I think it helps make sense of the market action. Thinking through, where would you want to put capital to work . What is driving this vshaped recovery . I think it would be quite irrational given what is going on with the pandemic and the broader economy. Investorson here for is where do you put capital to work from here on out. These positions within technology, there are some unstoppable trends like digitization, cybersecurity, which are really interesting given the work from home environment. Some of that, we do believe would continue to move higher. An area that you like. That not just the fact th
Some staged walkouts. Welcome to bloomberg surveillance. Im Francine Lacqua in london. A lot to talk about. The markets not focusing on what is going on in the United States too much. The focus seems to be still on reopening some of the economies. The focus is on some of the earnings as well. Stocks are rising in europe. U. S. Equity futures are racing a decline as investors weighing positive signs on stimulus and the Global Economy against social unrest in america. Oil is up. If you look at dollar and treasury, they are pretty much steady. We will have plenty for from the uprising in the United States. We will look ahead also to the election in november. Lets get to the bloomberg first word news. Heres leighann gerrans. Good morning, francine. And the u. K. , Prime Minister Boris Johnson plans to reset his governments agenda with a major speech. The chancellor is also drawing up new plans to bolster the economy amid forecasts of the worst recession in more than 100 years. This key spe