Narrow their differences. Forecasters dont see a deal before the november 3 election. Well be speaking to the speaker of the house today. Ireland imposes some of the most draconian restrictions in europe. In the United States cases are soaring in battleground states. We are just two weeks ahead of the election. Very warm welcome to you. We just had numbers out from u. B. S. About 15 minutes ago. Manus cranny is interviewing ergio armanti. Manus will be back me with a preview. The interview will be airing on Bloomberg Television at 7 00 a. M. London time, 8 00 a. M. If youre across the continent. U. B. S. Income beat estimates. Were underway with the earnings season. U. B. S. Kicking off with the major banks. I want to show you the close yesterday in the Banking Sector in europe. They close up more than 6. We is that you read of course into u. B. S. The stoxx 600 bank closed spoup 9 . A strong start in europe for the financials. Lets take a look at what were pricing in this morning when
Headwinds remain. Welcome to bloomberg surveillance. I am Annmarie Hordern, in for Francine Lacqua in london. Fall to 46. 2, the forecast was for 46. 7. Manufacturing pmi 54. 4, forecasted 53. This,e were expecting given what happened last month, and france and london, and they were just talking to anna about this. The risk to the Service Sector employmentek, 75 of in the eurozone, so the services are where things will be much softer. A bit of a friday feeling on the euro stoxx index, especially for banks and autos. We are poised for a weekly decline, the worst in a month. S p 500 futures have been drifting between negative and positive territories the entire morning. Eurodollar 118, a little bit from euro versus the dollar. That is your market check. Now lets get around the world with first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, annmarie. A second wave of Coronavirus Infections gains momentum. Told 46 Million People to stay home after 9 00 p. M
Anybody responsible for that many deaths should not remain as president of the United States of america. Annmarie the second president ial debate is heavy on policies like the coronavirus and policy, but will it make a difference to voters . We are 11 days away from the u. S. Election. Curfews have spread. Governments deploy more restrictions as coronavirus cases search around the con continent. D the france approaches 40,000 new cases for the first time. Barclays reports thirdquarter results amid the pandemic today. Investment banking revenue should offer reprieve. We will ask jes staley what is left for him to do at the bank. Just gone 6 00 a. M. In the city of london. Very good morning to you. If you are just looking up in tennessee, there was a much more composed and coherent debate, a contrast to the chaos that ensued in the prior one. The first topic was the coronavirus, which is once again taking center stage in europe as well with cases soaring. That is the news. Lets take a lo
Dead. And what is he doing . Nothing. The coronavirus features prominently as donald trump and joe biden fight for airtime, 18 days away from the election. Global stocks struggled for direction as europe goes into reverse with increased restrictions. German hits records as they plan for a tough winter. And walk or talk . Boris johnson will decide today if he will abandon brexit negotiations. It comes as eu leaders refuse to give a clear signal on prospects of a new deal. Good friday morning, everyone. The focus is on the fragile recovery on thin ice as europe deals with rising infections across the region. They are reporting the highest number of new cases since the outbreak peak in the spring. France is reporting new infections. London will move into the highest threat level, which bans the mixing of households indoors. On the other side of the break planning, while fiscal stimulus is elusive, midwest states are seeing a rise in cases. And the world bank chief Economist Says it didnt
Pelosi shifting the deadline to tuesday. After gdp misses, Industrial Production and retail sales accelerate. And a pair of losses on a bloomberg exclusive as the u. K. Could rewrite its lawbreaking brexit bill, a move that would revive talks with the eu. It comes after a downgrade from moodys. Its a barnstorming beat for phillips. 6 00 a. M. In london, 7 00 a. M. In amsterdam. The adjusted ebitda is up. Free cash flow will be above 2 billion by 2025 is the guidance. Phillips targets accelerated growth and higher profitability. September where they cut their guidance because the u. S. Slashed the ventilator contract by 650 million. This is going to be something which bolsters it. They are targeting comparable sales growth of 5. 6 . We will put those questions to the ceo, who joins us in just under 28 minutes. Management. Et nnmarie the standout is the new money inflows. They say considerably they have risen in the Third Quarter. Under management are up 3 . We know the ceo has been tryi