Clearance. A grand reopening. Thee johnson will outline strategy today, expected to include an increase in Community Testing andriy incorrect reintroduction of tougher restrictions. Biden iselect joe said to have landed a longtime advisor as his secretary of state as the president reportedly moves closer to banning tech exports to dozens of chinese companies. 7 00 and in london, from first, and 10 00. In three weeks, there will be a vaccine for everybody and herd immunization. This is the standout note from fauci. We will vaccinate. 7 of the population. These are big ambitions. Annmarie they certainly are and the news over the weekend from the head of warp speed saying we could start in potentially three weeks, but it is only going to be december 10 when the fda looks at approval for the pfizer vaccine. You made a good point this morning, the fact this is the developed world. What remains in the developing world could be a difficult picture. Isus a question for markets if so risk on, t
New york orders fresh measures to stem the spread. Cases in texas exceed one million. Risks. Ing the Christine Lagarde says all options are on the table to fight the crisis. She will be joined by the boe governor and fed chair. It is the ecb for. Warm welcome to the show. We are waiting for numbers to cross the tape. It is europes single biggest engineering company. I think youve got a little bit of merck. How are the merck numbers looking . Good morning. Annmarie pretty strong. Third quarter net sales coming in ahead of estimates at 4. 45. The estimate was 4. 3 8 billion. Net sales higher. That was a beat on merck. We will speak to the cfo. , inthing to look out for august, he thought it would be another 15 months to a vaccine. Im wondering if that timetable has changed, given the pfizer and biotech news. Biggestt is the Single Company in the world. They did better than some of the others in terms of their stoicism through this. Profit rises into 2021. Thats the key take away from thi
Italy lays out fresh plans to halt the spread. Angela merkel urges people to follow the rules. Benefits from volatility, joining european peers posting lowerthanexpected bad loan provisions. A bullish tone with the numbers. Bottomshould look at the line. It stands at 2 versus a year ago. Look at nine months. It basically is ahead of the target we gave for the full year 2020. Headline. The red the savior, guess what it is . Ficc. Fixed income commodity and currency. 36 . Ng rises by it has beaten the estimates out there. Looks like ann marie, lets provision, very much less provisions. 1. 2 billion euros over what we had anticipated. What else have we got . You have the net numbers. That thirdquarter revenue surpassing the one billion euro estimate. Quite a beat. They are bouncing back more quickly than a lot of french peers on equity derivatives. The equity trading revenue rose more than 21 . That beach the highest estimate. Some good numbers coming through. The other big story, we have
Recovery strengthening, thanks in part to a pickup in Consumer Spending. Has fresh hotp bind moves against beijing in the final weeks of his term. Eu are inks with the a crucial week. The u. K. Prime minister will have to amend his busy schedule. He is not isolated he is now isolating from coming into contact with a lawmaker who tested positive for covid19. Are at a juxtaposed moment. I concede nothing. There were many tweets, but that was the conclusion. The president concedes nothing versus the virus raging in the United States of america. But the president elect has a message for now. Lockdown, and thats critically important to sentiment. You look at michigan going into a partial lockdown. To that agenda . I will turn to the right camera. Trust thenley says recovery. Thats what they want you to do. Sell the dollar. Get all in. They want you to be overweight equity, corporate bond. The message is there, you should read the Bloomberg Intelligence narrative, it is not a v it is far fro
Were going to have to be patient until the hard work of tallying boats is finished. Manus biden on the brink, michigan and wisconsin edging closer to the 270 electoral votes. Trumps campaign sued pennsylvania to stop counting votes. Treasuries are bid on policy uncertainty in the fed is set to focus on the pandemic, while the boe is expected to boost qe. The results may continue to flood in. Majors welcome to the show, and marie. Good to see you. What a difference 24 hours make. My guess in the past two hours have been saying you possibly have the genesis of chaos and hyperbolic language. Why . Because were going to begin to understand what the faceless Electoral College dissenters might do to spoil the road to the white house. Good morning. It is still risk on in these markets, but the question is the validity and veracity of a challenge to joe biden, if he gets the numbers. Annmarie we are still counting those boot those votes in america. Nevada, pennsylvania, georgia, were still wai