It is 1 00 p. M. In new york, 6 00 p. M. In london. Im kailey leinz. Welcome to Bloomberg Markets. Here are the top stories we are following. Progress for a vaccine. Clearance requesting for its vaccine in the u. S. And europe today after a new analysis showed it to be highly effective in preventing covid19. We will have the latest. Talksk mentioned, opec have ended today without a deal. The conversation will be picked up tomorrow, but we will explore what it means for the cartel. General motors will not take an initial stake in the electric Vehicle Company nicola, which announced today it will go to one of its electric vehicles, a pickup to be called the badger. Lets get a quick check on the markets. We are on the last trading day of the best month for Global Equities since november, but we look set to end the month of november on a softer note. The s p 500 right now down 0. 6 . It was the fourth consecutive monday of positive vaccine data, but the good news not having the effect it d
The start of the week, a huge. Otation towards value the s p up by 0. 6 . The pound is positive. The departure of dominic ,ummings at 10 downing street going at the end of the year, setting up expeditions that may be a brexit reset and a deal as possible. Interestingly enough, we are seeing a continuing move in what we are seeing in the bond market. Bonds are bid today. He was there moving back down, unsurprising and what we heard from Christine Lagarde yesterday. More broadly, the virus definitely back in charge. The vaccine news at the beginning of the week, the virus news at the end of the week. Alix such a great way of framing that. Lets break down the virus issues more. The global coronavirus case is now topping 52. 9 million, deaths climbing to 1. 3 million. Focus is on europe and how it is addressing the virus. Joining us is Bloomberg Opinion columnist ferdinando juliano. The story in the u. S. Is that you guys are doing targeted lockdowns, and it is working, and the cases are l
Global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. I am vonnie quinn. Welcome to Bloomberg Markets here are the top stories we are following. Covid vaccine in the ether again. Pfizer says a final analysis of the chemical trials data shows its vaccine was 95 effective. Free han the 90 previously. Michael stubblefield, ceo of of and later we will speak to the ceo of intact financial. It would be the biggest acquisition of a u. K. Listed company this year. A quick check of the markets. For the most part, not doing much. The s p 500 unchained. The 10 year yield under 88 basis points. Weakk dollar index a dollar index. We have a slightly smaller dollar. Investors keeping an eye on vaccine development. Tor provides materials for vaccine candidates. The president and ceo Michael Stubblefield joins us for more. Michael, you provide Raw Materials for most of these vaccines
Forecast. We will bring you that interview with the ecb president. And the ax falls again at goldman. The bank prepares to cut jobs for the second time in three months as the focus returned cost cutting. Very good morning, everybody. Welcome to the program. Lots of breaking news to get to. Lets have a look at some of these numbers coming through. Have the numbers coming through from the shipping business which transports 1 5 of the worlds containers so really interesting insight into the way the Global Economy is spinning and the shipping industry in particular. We are getting the numbers through. We already heard from them last night about how they were upgrading their guidance, raising their fullyear guidance so that already sets a positive tone. They said they will initiate a new Share Buyback around 10 billion danish krone. That program will run for 15 months. E will be speaking to the ceo that is the conversation at 7 30 u. K. Time, so in around 25 minutes time. Let me get to some
The coming days will be pivotal in reaching a trade deal. Two of the most senior officials from the Brexit Campaign left Boris Johnsons inner circle last week. The chief negotiator says he will not be changing his position. Hurricane iota will be slamming into Central America today as the strongest hurricane of the year. Now a category five storm, it will bring torrential rain and catastrophic wind to an area still reeling from a storm two weeks ago. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. U. S. Equities in the green after that positive news on a covid19 vaccine, sending shares tied to an economic reopening higher. Stayathome stocks l