There is quite a lot going on in the markets mainly because of the threshold that markets crossed yesterday. Lets have a look at what that means for european stocks and even the global stocks rally pausing. We did have the best monthly gain in three decades. Investors awaiting a lot of Economic Indicators that could support the. Rally in risk assets. We have Consumer Confidence and of course personal income. We did have a gauge of asia pacific shares gaining. Above 45 alding barrel, and i also wanted to show you bitcoin and a second, because they were also, you know, within a sliver of a record high for bitcoin. At 19,130. It now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. France will gradually start using its lockdown from sunday. Museums will follow suit from december 15, but restaurants will remain closed. President Emmanuel Macron says vaccinations could start at the end of december or in early january. M
Restrictions on the u. K. Looks to repair some of the economic damage in todays Spending Review. Words ofs back, the president elect joe biden as he introduces his Foreign Policy team. Janet yellen faces a tricky start, as Steven Mnuchin puts funding beyond her reach. Good morning. 6 00 a. M. In london, 10 00 a. M. Across the emirates. A jampacked show for you, including emirates president tim clark. He spoke to manus cranny about a host of issues in the travel sector. Also, likely an appearance from manus himself. What a day it was and a 24 hours it was, as chris weston put it, a nirvana has dissented over the scended over the market. Dow jones topping 30,000 for the first time. S p 500 index, we do have closing at an alltime high. We are losing a bit of momentum. Flat across the asian market and flat across u. S. Equity futures. We are seeing a steepening of the yield curve, not at the highs we saw recently, but we are seeing it steepening. Jp morgan this morning also saying 10 year
Julia south delhi reporting from berlin. Thank you. Lets get to developments in the pandemic now. The German Health authorities have today reported a record 410. 00 coronavirus related deaths. Its a milestone which comes as the 16th state leaders are set to decide on stricter lockdown measures. They have reportedly agreed to extend coronavirus restrictions into december with celebrations for holiday event able to take place. Now, new daily infections have leveled off, but germanys caseload remains stubbornly high. The pressure is on for the German Government to ease restrictions for the most important time of the year. For many christmas celebrations. Right, nobel in stone dam and Market Square would usually be packed with people and show you the christmas market. Its been cancelled. People will be allowed to gather at home for christmas, but in smaller groups, many accept the reality that this year is different. Theres going to be naturally some of the posts, and its national. Its goi
To be a bit of a loosening after. There was a lot of pushback, both from the industry, but also from the public. Are now obviously in the 1st wave, germany was praised for its handling of the pandemic. So where did it all go wrong . What happened during the 2nd wave . Well, what we saw a couple of weeks ago before this lockdown light, as it became known, was put into place was germany heading into an exponential phase. That means where the pandemic threatened to get fully out of control where you wouldnt just see a rise, but you would see the kind of a rocketing of those infection rates. And where does it go wrong . While it was actually still the 1st wave in terms of going into a winter season where people spend more time indoors. When corona english is struck, there was always that light at the end of the tunnel that winter was on its way out. So everybody knew that there would be more restrictions needed once again, the government did allow people to have more of a free life, the in
Fireworks needs to be reined in. But a nationwide ban on fireworks sales does not appear to be on the cards. And manual shares is on the story. She joins us from berlin. How necessary is the extension of tough measures. If you look at the cases on tuesday, germany recorded its highest number of daily death, was more done, 400 new and over 1800000, new infections in a single day. Since the beginning of the pandemic, we count own most a 1000000 cases overall in the most 1500000. Then us, and of course now the number of cases, plateaued is no longer an exponential growth. But it, it is still far from being an ideal situation. Here we definitely count, say that a pandemic is under control. That being said, if you compare the situation in germany with out of other countries, well, gemini, see, affairs related may well in comparison, hospitals are not overwhelmed. For example, they need to look at a transport daily, new cavy, 1000. 00 infections per 1000000 inhabitants. And we can see that t