Talks continue into today. The s p global is in advanced talks to buy ihs mobile markets in what would be one of the biggest deals of the year. A very warm welcome to the program, everybody. Just under one hour away from the start of cash equity trading for European Equity markets. Good to be back in the studio. Thats have a look at the future is and what they tell us about where we are headed this monday morning. Futures dont look great. European features move to the downside. The Asian Session has been fairly negative. These have been record months for global stocks. Rebalancing at the end of the month perhaps is part of the story here. We will talk to the market live team about this shortly. Lets take a look at what is going on on the gmm. Some of the weakest in the weakness in the Asian Session, down one point 3 on the msci asia pacific. Indonesia under pressure. A host of emerging markets under pressure. China outperforming a little today. The Manufacturing Activity we referenced
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
Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 yesterday and we are seeing expectations of negative rates dissipate even further. Unlovedtors rotate into areas, it may not mean the end of things that have been successful so far. John praveen is Portfolio Manager for qma. He joins us on the phone from new york. We are talking about what happens to big tech given the rotation trade gaining a more solid footing. Is it the behavioral changes, chan
That is the shoes, right . The shoe extension . Francine i dont know if you can hear it, but it is a neighbors. It wont last very long. Hammeringtle bit of there. We welcome all of you here, to the realities of the pandemic. The pandemic is front and center, but there is a lot of other news. I would note pacific rim currencies continue strong. Francine they certainly do, and there is quite a lot going on also in pound talks, so lets not forget brexit and the u. K. E. U. Relationship. Les get to first word news with ritika gupta. Ritika the Trump Campaign is abandoning demands that almost 700,000 is withdrawing a key part of its lawsuit against the Election Results in pennsylvania. It is abandoning demands that almost 700,000 mailin ballots be thrown out because observers were kept too far away from the count. The challenge is now against a far smaller number of ballots, almost certainly just a fraction of bidens lead in the state. Joe biden is Meeting National security experts, but his
With its trial. There were two trial participants. One had efficacy of 90 . The other was lower than that, in the 60s. You average that, and it its about 70 . We will see how the market is moving on that. We want to welcome now to our bloomberg tv and radio on a sense Radio Audience astrazenecas executive vice president. It is really good to see you. When itways welcome, comes to good news over solid vaccines. The question it seems people want insert is talk about that 90 efficacy. That seems to have been a smaller group. Give me some insight into it. How many confirmed cases were there in that group . Try tot of all, let me summarize the headline data. Overall, we have seen efficacy about two efficacy of up to 90 and about half of those in the Clinical Trial. We have seen roughly 3000 volunteers in that cohort of the Clinical Trial, and it was highly significant that we saw less infections, and in fact, across all of the cohorts, you other the cohorts, whether you had the full dose, t