Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
Priority. Pandemic under control is his top priority. Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot of the focus is on the number of infected with covid19. At bond growth, a lot going on, treasuries, for example, rising. Overheated equity markets, the deteriorating coronavirus situation in many countries. Oil demandtting its outlook, saying they will not rescue the market, and then i got a look, not very often, but coming out with figures that were not great but were better than expected, leading to burberry gaining one point half percent. 1. 5 . Now lets get to the bloomberg first word news in london with laura wright. Hey, laura. Laura good morning, francine. The recovery is being derailed by a rise in virus cases and a. Ew lockdown president elect joe biden is naming longtime aide dr. Vinjamuri ron claim as his chief of staff. His leading role during the Health Crisis of the Obama Administration leaving the white house in the 2
Increases Troop Deployment on the streets. To use some of that to keep you from we are attacked once again just for us for our teeth for freedom this morning we decided to give these the big everywhere we go from good now to the terrorist threat. Of french sentiment turns violent in the middle east as a saudi man is arrested for stabbing a Security Guard at a french consulate in saudi arabia. As your world News Headlines for this hour my colleague neil harvey will be taking over in just about 60 minutes so on behalf of the International Team thanks for watching and we hope you have a great day. Max kaiser this is the kaiser reporting now we dealing with a Global Pandemic the viral type infecting people causing chaos and mayhem but thats small change compared to the mind virus of bitcoin you know if youre really smart person it makes true even smarter thats the thing about this fire risk stacy max indeed kaiser report has been officially declared full of smart sophisticated people audie
Thought to be controlled by the Peoples Liberation army. And policymakers seem less likely to go down that route decide besides providing support for a long time. Shery lets take a look at how we are setting up an asian markets. Looks like trending a bit lower in sydney. U. S. Stocks really doing pretty taking overrallies adding to concerns about tougher lockdown measures with the existence of an effective vaccine. Downside about a quarter of 1 and that market along with new zealand looking pretty overheated after the recent run of gains. Continuing to push back expectations for negative rates. Chicago futures moderately positive at the moment. The yen seeing a little bit of a gain but we have seen a new daily record for Coronavirus Infections in japan this week. Authorities hinting they could need to take stronger measures to halt the increase in the spread. S p acted futures up by. 2 sessione active cash sank as much as 1. 5 overnight. Shery lets turn to our top story President Trump
Is now red only the parts of Northern Europe and at least still with low infection rates so the coroner pandemic has europe in the its grip and we have now 10000000 cases in europe alone according to the World Health Organization all right so part of it as you reference to is to do with people becoming more complacent now as xander was reporting germany has accepted patients from belgium because it still has capacity its i. C. U. Capacity is still good how are you members in general working together and is there an in you wide approach to this pandemic. Admitting peasant patients in other hospitals across borders this is a regional approach the e. U. As such has no central register for intensive care units as ministers are trying to set up such a thing but the cooperation on the you level is fairly low just a simple example there is no common passenger locator form as of now 8 months after the makers started and so the Health Ministers are not concentrating on the future and the future