He was speaking after talks with the german Chancellor Olaf Scholz in berlin. Both men are proposing a new bilateral treaty covering science, technology, trade and business, but Sir Keir says he has no plans for a youth mobility scheme, which could have given young people in the eu the right to live and work here in the uk. Henry zeffman is travelling with the Prime Minister. Clearing the way for something new. The Prime Ministers first official visit to germany, with early steps towards greater unity. The launch of talks on a treaty between the two countries, encompassing trade, defence, Migration And Plenty more. A new agreement, a testament to the Depth And Potential of our relationship with deeper links on science, technology, development, people, business, culture. A boost to our trading relations. The german chancellor was to our trading relations. The german chancellor was notably to our trading relations. The german chancellor was notably promising chancellor was notably promis
Did i do that ok . Francine a minus for that. It is about fisheries, but it is also about brussels. There is one train. There is one train a day that departs london to go to brussels. Looking at the train timetable. He has missed this train. What does that mean . We are really uncertain. People say we could get a deal by sunday. Watch and see. Tom the train to brussels is called maria tadeo on the oriental express. Lets get to dr. Roubini. Here is ritika gupta. Ritika joe biden says he will ask all americans to wear a mask the first 100 days of his administration. Cnn hesidentelect told will issue a Standing Order requiring face coverings in federal buildings and interstate transportation. He says that will leave to a significant drop in coronavirus cases. On capitol hill, the chances are on a stimuluseal package by year end. The basis of negotiation is getting more interest from the republicans. Is spending 908 billion, less than what democrats are calling for, but they say it is a st
They call the process excruciating. Good morning, everyone. Happy friday. We have made it to friday. It has been quite a week. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are focused on brexit, oil because of opec, and focus on u. S. Stimulus in the u. S. Stocks are holding gains, key data of course out of the u. S. , it is the u. S. Labor market. It is going to give us an indication of whether the economy needs support or not, and Oil Extending Gains after ninemonth high after this opecplus deal. I am looking at the dollar, treasuries pretty much nudging higher. A lot ofve a prett volatility because of brexit do we have a deal, do we not have a deal, have they walked out . It has been pretty unclear so far, talking about lastminute ships come up the british saying it is because of eu demands at the last moment, but it seems like it could be up in the air. Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leig
Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
He said simply, this doesnt matter, and december could be green. Could be grim. Jonathan the markets are looking at the data in the second half of 2021, not 2020. Tom jon will get to the data of a market lifting and all of that. This ecb announcement a bit ago is buried, and im sorry, it just sets up the theme of extend and pretend into 2021. They are going to extend bond buying forever and ever. It is Central Banks to the rescue. Jonathan the ecb wants you to focus on the duration of the Bond Buying Program and not the size of the package they might announce this week. That has been a big push on the communications side. I imagine that will be the focus for them when they communicate with us. For us, we are all getting used to the idea that Central Banks will be there for us. Weve been conditioned by that all year. The biggest challenge through 2020 was to somehow divorce how you feel about the world around you from your view on financial markets, on where we will be 12 months out. Th