We spoke this morning and we dont know how much they are paying for this vaccine supply. We dont know whether they will have the right vaccine so many questions on how administrations and i ministers at access to vaccines for their citizens. Tom the virus dynamics are just particularry, make note of the glide path of texas and south carolina. In new york city with our first word news here is ritika gupta. InsistsMitch Mcconnell that businesses, schools, and other organizations be protected against coronavirus lawsuits which is talking down talks over a new stimulus package. Changes inding that Liability Law be included in the legislation. House Speaker Nancy Pelosi says that shows he is not serious about a deal. Federal reserve policy makers will focus on how to jumpstart a rebound from the recession. Almost certain to keep their benchmark rate the same. The fed will make a statement at 2 00 p. M. New york time. Jerome powell will make comments 15 minutes later. Amazon Ceo Jeff Bezos p
Some of the damage we had. I dont know how to advance my own slides. Sorry. There we go. This is the kind of thing im talking about this is a tree line thats blown into the line. You have a spark and potential ignition of a wildfire. Wildfire this is another example of the same thing. Wire down from a tree blowing over. I have a few more pictures and will tell you a little more about this. So each of these is the potential to cause a significant fire. It was an extremely difficult decision for us to make. We know it would and did cause hardship for many of the people were privileged to serve, and it continues to cause hardship for some of those people who are still not who are still without power tonight. But given the choice we face, the choice between hardship and safety, we chose safety and safety will always be our first choice. As far as where we are tonight, life is returning to normal for many of our customers. Weve been able to get the lights back on for hrundreds of thousands
Some of the damage we had. I dont know how to advance my own slides, sorry. So this is the kind of thing i am talking about. This is a tree branch that has blown into the line. If that line is energized you would have a spark and a potential ignition of a wildfire. This is another example of the same thing. A wire down based on a tree flowing over. Ive a few more pictures and we can tell you a little more about this. Each of these is the potential to cause a significant fire. As i said last night it was an extremely difficult decision for us to make. We know it would and did cause hardship for many of the people we are privileged to serve and it continues to cause hardship for some of those people who are still without power tonight. Given the choice we face, the choice between hardship and safety, we chose safety and safety will always be our first choice. As far as where we are tonight, life is returning to normal for many of our customers. We have been able to get the lights back on
In saudi arabia, the the msci index. Bloomberg markets medela spirit we have an asian equity session firming up. This is Bloomberg Markets middle east. We have an asian equity session firming up. The new year holiday and preparing for president s day in the United States. Singapore up 1 . The uighur yen is feeding into that trade. Purchasesee equities by individual investors. Exchange market, the aussie dollar up. 3 . I want to tell you what is happening in the sovereign bonds and commodities space. Summary pricing in the bond space. But in commodities, you wti and brent crude up. 3 . We did have the u. S. Rigs data from the United States, but its the confidence on the demand story that is driving with the weaker dollar. Chatter,is the tariff possible escalation from the United States. I want to show you what is happening in some of the other key indexes. Inflation and the minutes will be in focus. Old, gains dollaryoud still up. Are quitetures, calls a bit higher. Lets check in on the
Falling for two consecutive days. Something jumped out at me earlier. Not the u. K. Bond market, which is barely changed. , like forthe u. K. Like sales posted the worst tune in almost a decade. They are spending more money on ledger activities according to the high street sales tracker. Consumers are more confident about their financial situation. They spend the extra money on eating out and going on holiday. Other data today, eurozone services, u. K. Pmi services, eurozone retail sales. Lets look at stock markets. They are down for the week. Equities headed for their first weekly drop in a month. The msci index on track for its biggest fall since march. European stocks are on track for their biggest weekly fall since may. Mixed start at the open. Tick tock, tick tock. Jonathan mark barton, thank you very much. That is the early mood in europe. Lets head over to hong kong. David ingles standing by. You, morning, i say to another chopping session in shanghai. Talk to me. Absolutely, jo