By 7 . Will rise the trade balance is expected to be at 53. 75 billion in u. S. Figures. In november, in terms of export, it is showing the overall chinese economy with the recovery story. The dollar index is flat. Sterling is under pressure. Go at 1837 u. S. Dollars. Lets head to new york and get the first word news with Karina Mitchell. Numbers continue to rise with President Trump revealing Rudy Giuliani has tested positive. The news reported you has been hospital. He the Administration Says all of americans who want the vaccine should get one by the middle of next year. Several states have record infections. The u. K. Will roll out shots tuesday, while they going to partial lockdown. Iran will raise Oil Productions under the new administration. Joe biden wants to revive the Nuclear Accord dropped by President Trump. Tehran is ready to raise output within three months. Iraq is nudging production higher, while insisting it is committed to the latest strategy from opec and its allies.
Fishing license. Welcome to bloomberg surveillance. Im Francine Lacqua in london. It is the last trading day in november. Certainly a lot of traders will be feeling the same, but stocks are dropping after this recordbreaking rally. A bit of a pullback on the last day of the month, capping this recordbreaking rally. Oil sliding after ministers failed to reach an agreement on supply. Small caps, energy and companies, banks, that group has been leading the rally in november. Today, a bit of profit taking. A couple of other things im watching for is the price of oil. We talked about that, encouraging news on brexit, which is why we see sterling at 1. 3333. The portuguese 10 year yield come i like that because we are on zero watch, or negative watch for that yield. Word newsyour first with leighann gerrans. Opecplus has failed to agree on an allay to januarys height. Many members support keeping production at current levels but the United Arab Emirates and kazakhstan oppose the move unless
Virtual intelligence with francine as we drive to the worlds challenges coming out of the imf. What is amazing to me today, just one observation, it is incredible in the major media on a monday morning, 22 days into the election, how joe bidens schedule, how his policies are buried. It is 100 trump, top to bottom, in the zeitgeist. You wonder how Vice President biden manages that in ohio over the next 24 hours. Francine i remember at the all hasg, telling us it to do with a referendum on President Trump. Tom never seen it. Francine turnout on november 3. Plenty more on that. Lets get to first word news with Corinna Mitchell. Corinna President Trump and nancy pelosi are blaming each other. Republicans are having a hard time with pelosi. Pelosi called the offer grossly inadequate. The two sides are about 400 billion apart. Even if there is an agreement, is not certain republicans would approve. Neel kashkari warns it needs stimulus. The economic recovery has flattened out. He says we wil
President trump in florida, i noticed about an hour ago. He will leave in the early evening. I believe Vice President biden scheduled for ohio. What is so odd is the relative invisibility of the leader in the race, Vice President biden. This was a trump weekend they trump discourse. Jonathan the president has been in the spotlight for all of the wrong reasons the last couple of weeks. I think the former Vice President wants to leave him there. Not just orlando later this evening. I believe pennsylvania tomorrow, iowa wednesday, and thursday in north carolina. The numbers at a national level, and it some of these states, particularly iowa, where he crushed Hillary Clinton four years ago, much tighter this time around. Tom the polls are really showing the challenges there. What is important for me, for our international audience, it is surprising how the voting rules and the voting process devolves to the state level and even to the city and county level. Very different from the united k
Down 24 from the peak, and apple as well. This is been a rolling story there is noday and other topic on wall street. Futures down 1. 7 and deteriorating. We will be looking at that all morning. Francine lets get to first word news with leighann gerrans. Bloomberg has learned President Trump has discussed putting up 100 million of his own fortune for his reelection campaign. It would be unprecedented for an incumbent president putting up his own money to win a second term. Joe buddens campaign and other democratic entities have been raising more money than the Trump Campaign in recent months. Joe bidens campaign and other democratic entities have been raising more money than the Trump Campaign in bismuth. Theriticized joe biden for decision that the fda, which would approve fx income is operating free of political pressure. Biden is demanding transparency from the government while it studies the vaccines. President trump is vowing to sharply scale back u. S. Economic ties with china, t