Vaccine. Finding a compromise. Agrees to slowly add more Oil Next Year after days of an stoxx. The Saudi Arabian energy miss mr. Process excruciating. Happy friday. It is excruciating for some of those journalists who stayed up late for that press conference. Look at where we trade friday morning. The s p 500 a bit over concerns roll outow pfizer will that vaccine. We are pushing a little higher this morning on the futures. Is this durable . What stands out is a record in the u. S. , a grim record of high infections as well as hospitalizations. Hospitalizations at the highest rate we have seen the entire time this pandemic. With rates increasing, that means more lockdowns of economies in cities and states. Gavin newsom in california warning california they could be next. The labor market, we will get a read on today. The november jobs report will come out today. Lets take a look at brent crude, testing 50 a barrel, 1. 9 percent higher. You had the opec plus meeting yesterday. Brexit ta
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
Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover
A new terrorist World Leaders to address the Climate Emergency in what he says would be the defining task of the 21st century a new report on wednesday found 2020 is on track to be the 2nd hottest year on record. The United Nations has reached an agreement with ethiopia to allow aid into government controlled areas of the t. Grier region for weeks the un has been warning of a possible humanitarian crisis due to the conflict between at a sabah and t. Grab rebel forces tens of thousands of civilians of ready fled the fighting into neighboring sudan. This is the news from berlin follow us on twitter and instagram at the top news of visit our website t w dot com. As the world enters what is predicted to be a long pin dimmick winter there is a deadly disconnect the euphoria over a Coronavirus Vaccine although no vaccine has been delivered yet see the u. K. And the exploding death toll from coburg 19 people losing their lives by the thousands see the United States 2 parallel tracks and there
Emergency in what he says would be the defining task of the 21st century a new report on wednesday found 2020 is on track to be the 2nd hottest year on record. In. The United Nations has reached an agreement with if yo pia to allow aid into government controlled areas of the tea grier region for weeks the un has been warning of a possible humanitarian crisis due to the conflict between at its ababa antigua rebel forces tens of thousands of civilians of already fled the fighting into neighboring sudan. This is the news from berlin follow us on twitter and instagram acted up the news of visit our website d w dot com. For. As the world enters what is predicted to be a long pandemic winter there is a deadly disconnect the euphoria over a Coronavirus Vaccine although no vaccine has been delivered yet see the u. K. And the exploding death toll from coburg 19 people losing their lives by the thousands see the United States 2 parallel tracks and there is no guarantee that the vaccines will end