The and pennsylvania. No sign of qe for the boe. Officials boost stimulus to prevent a doubledip recession. Good morning, everyone. Welcome to bloomberg surveillance, but welcome to our Election Special. Votes are being counted. I am Francine Lacqua in london. Tom keene is a new york. Tom, we look at the senate, the legal challenges. I know you and i have not slept much in the last 24 hours as we were roaring through the votes, trying to figure out exactly how throughident poring the votes, trying to figure out exactly how the president can mount a challenge. The other big news is the bank of england, because they did more than the markets were expecting, but remember this is in the middle of a brexit negotiation. Lockdown in london starts today actually, the u. K. As a whole starts today. If you look at futures in the u. S. , european stocks, they are tom, twocompared, yesterday. Liking what they see at the moment, but whatever the outcome of the u. S. Election was, it was pretty much
Kind of rally. Eurodollar on the high, up by. 3 . We will break this down over the next hour, particularly in regard to earnings. We talked to cocacola ceo James Quincey. Francine and what they do in terms of innovation Going Forward if they are looking at football or cricket with a sip of coke, i wonder if they will change to try to get people more drinking at home to the cocacola products. 750 euro stimulus. What she said was that it was quite hopeful for the future because it shows cohesion for europe. Joining us from brussels is maria. We were expecting a deal and then we worked and that we werent, and then we were. We finally have a deal is it a good deal . Overall, whene, you look at the numbers, you can say it was not as ambitious as the initial program. If you look at the allocation for a country like italy or spain, badly hit by the coronavirus, they are taking home 82 and 72 billion euros, this is money they will essentially not have to pay back. This is not extra debt will h
About air bridges out of heathrow nejra to me, the air bridge will be to france if i could get that holiday in the summer. It is about allowing travel to European Countries without having to quarantine for 14 days. We have been expecting this week to get that announcement from the government, including some countries like france and italy, but some would still be exempt from that. The other thing we are looking forward to is the july 4 reopening of the pubs. Some are calling it super saturday. Reallyat will be interesting after what we have seen in america, the virus story as we go into the long weekend here is really quite something. We will give you some coverage on that today as well. Right now with our news in new york city, here is ritika gupta. Time, u. S. The first daily coronavirus cases rose above 50,000. There are increases in big states including texas, florida, and california. Say the virus is increasingly becoming a disease of the young. In florida, the median age of infec
Thursday as washington awaits. Youre right, the ecb will be very important. Jonathan ferro made clear to me the optionality that madame lagarde has is extraordinary. Weve got claims at 8 30 washington time, new york time. That will be a precursor for jobs day tomorrow. All of this is overwhelmed by the historic moment. All i can tell you, just one vignette, francine it was extraordinary to see the handwritten note by the chairman of the joint chiefs of staff yesterday, to his officers and his troops. That was truly an historic moment. Francine we will spend a good amount of time talking about the military, given what we heard and general mattis esper. Lets get to bloomberg first word news in london with leighann gerrans. Leighann good morning, francine. As you were discussing, President Trumps former defense sayingry, jim mattis, is the president misuses the military and is dividing the nation. He also said the country must reject those who make a mockery of the constitution. President
Routes in the u. K. Is incredibly difficult. As a result of which, to be in a for Francine Lacqua this morning. Lets have a look at the markets honest, this is something that then. Was probably always going to happen. Tom as an american, i would the stoxx 600 is down by. 2 . Suggest that may be possibly we opened in positive territory because the Railroad System is lifted with talk to come. So darned better than ours. Flybe we will talk much more about that today. That puts the virus front and sentiment from center. Its get to first word news with the trading day. Viviana hurtado. Countries are ongoing headlines are weighing on things at u. S. Futures are pointing negative. Tightening travel restrictions to contain coronavirus. There are reports japan will quarantine all people arriving this is the picture on oil markets. From china and south korea. Focusedthe brent price, australia has also added south korea to its band list. On the opec plus meeting in declaring a state of vienna. I