What are we doing what, when, and how will it turn out to secure jobs and economic recoveries engine trouble shares in royals royce fall toward the bottom of the European Market as the Aerospace Engineer sees the Credit Rating cut. And the European Commission reportedly strikes a deal with roche to supply covid19 treatments to eu Member States but the swiss drug maker telling us its committed to meeting the needs of patients worldwide. And the stock markets here in europe have been trading for an hour so well well dive into what were witnessing the market has moving slightly positive modest gains here. Not exactly keeping pace with wall street where weve seen gains on the three major indexes but markets have been softer especially on the core markets theres been a lot of german stocks, in particular. Its been slightly disappointing week in terms of pace of acceleration for stocks here as the heat map is telling you, theres fairly evenly split trade between some of the gainers and loser
Reappearing here. I am a new new jersey girl. There has been a new executive order signed by Governor Phil Murphy about wearing masks. At us check on the markets. On the back of some of those concerning headlines regarding deaths in florida and texas because of the covid crisis. The Dow Jones Industrial coming off by one playboy percent. And some risk aversion in europe. Tensions between the u. S. And china. The u. S. Dollar continues to show some strength. Keep an eye on that market and Pay Attention to the dollar and what happens with the hong kong dollar and the chinese yuan. A lot of risk sentiment is being reflected in those assets and it could be a key on how u. S. Markets trade on friday. Concerns about the supply side. Field in libyan production. Sinking below 40 a barrel. Let us get to that exclusive interview. Take it away, david westin. To our Bloomberg Radio and tv audience, worldwide, im david westin and we are joined by the governor of new jersey. Thank you for being back
Dani good morning. This is bloomberg daybreak europe. Im dani burger in london with the stories that set your agenda. Countdown to the u. S. Cpi print. Asian equities mixed after a techled to selloff on wall street. Disney gains after i words after hours as tax cuts and hollywood strikes save the Company Millions of dollars. Gas prices jumped the most since march as lng workers in australia vote to strike. Brent crude traits near an eightmonth high. I will bring you the market check. Were looking at equities that are bouncing back after yesterday. Yesterday was led by tech, the selloff. A little consolidation in front of the cpi, topping necessarily specific. Futures are doing better this morning, up by about 0. 4 . Treasuries not doing too much either, were expecting a 30your auction following the 10year auction yesterday which had solid demand. Yield coming in below 4 . We got siemens earnings. It is a miss pretty much acrosstheboard, weighted down by china decline and wind turbine l
With them grrr smartphone. Or to make jokes the supermarket. As we go about our daily lives human rights are often the last to lower minds. Invisible hands lingering in the twenty First Century starting december second phone to double. Over the. Thousands of jobs lost last at siemens but workers austen why they should bear the brunt of all the company is billions in the black and speaking of billions folks blogging is announcing its investment plans and theyre expected to bet big on a mobility in china and women in the boardroom must still that he rests. In his political leaders come around Coalition Talks all that you doing enough to promote women in management roles. And dont know when to and this is your business update. Breaking news now one of germanys best known multinational conglomerate siemens says it is going to slash some six thousand nine hundred jobs worldwide and its power gas and drives divisions which have seen a sharp drop in demand half of those jobs will be in german
Anything. Also coming up the next few hours could decide whether i go america remains tanser of germany as talks to form a new Coalition Government goes down to the wire and siemens announces plans to cut nearly seven thousand jobs will it be in germany the unions are calling it an attack on the employees. Plus an unprecedented sale at christies in new york the pings is so. A five hundred year old masterpiece by Leonardo Da Vinci becomes the most expensive piece of art ever sold at auction. And an island paradise that could soon be underwater cura bhatti on the front line of Climate Change as the u. N. Climate conference draws to a close in germany. Im sara kelly welcome to the Program Thanks for joining us a new turn of events in zimbabwe a newspaper has published photos of president Robert Mugabe holding talks with the military and a delegation from south africa the president of that country jacob zuma says that the political situation will quote become very clear shortly so is a sol