Trading could be numbered. Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are telling the story of three things we are watching. First of all, Central Banks, second, politics, number three, rising some kind of program, so trying to temper that with relief to companies with furloughs. We did have senator kamala , and what that means is the widening polls for joe biden seem to have been taken in stride when it comes to the markets. I am looking at dollars weakening, travel Companies Leading gains in europe on the stoxx 600, and i am looking at a couple of other things, treasury yields steady and gold getting a little boost. Coming up, looking at the decision from chairman lorenzo bini smaghi, we talk brexit and Central Banks. Now, lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Record daily increases. National politicians are leading leaning on politi
Is the day. So he may not entirely be able woods yet the team and i agree that all are a valuations and most importantly his political status support the president safe return home we all remain cautiously optimistic. And on guard we have worked very closely with the walter reed team to ensure that we are looking very closely at Infection Control Prevention Strategies and the right posture so that the president can safely return to his residence we try to get patients from the hospital. As quickly as is safe and reasonable every day a patient stays in the hospital unnecessarily is a risk to themselves he has never once pushed you can anything that was beyond safe and reasonable practice that we all 1st. Also on the day by Opposition Leader took on a sky out visits germany to meet with chancellor im going to what is she looking for a bird to broker talks with alexander lukashenko. We need. Help in mediation negotiations with authorities and we think that. It is going to be extremely hel
We saw a poll coming out of the weekend on sunday, a couple polls, actually, saying a majority of americans that were surveyed had very strong feelings about the fact that the president himself managed to contract this virus. Emily to a certain extent, it has served as a little bit of a wakeup call, if you will, that the president , with all of his security, testing, and the people that have been around him, even the most powerful man in the world can contract this virus. Can contract the virus. You see republicans. They have been sort of pushing forward and saying we are going to go ahead, continue with the debate, continue from what they can do with campaigning. Look over in the senate, where there is a huge debate going on right now about filling the Supreme Court vacancy. We have not seen any changes to that schedule despite the fact that we have three republicans who currently have the coronavirus and a couple of them sit on the committee that is going to be responsible for having
Virus. Welcome to the show in the last few minutes u. S. President donald trump has left the hospital where he was being treated at for 19 was seen walking out of the Walter Reed Medical Center in maryland where hes been treated since friday and was driven into a waiting helicopter for the short flight of back to the white house the president had earlier tweeted that hell be quote back on the campaign trail soon. Well straight to washington then and our correspondent Stephanie Simons who is standing by for us just on a before leaving hospital a trumpet tweeted dont be afraid of cove ed dont let it dominate your life but this is a disease that has killed over 210000 people in the u. S. And impacted countless others from where you are how exactly is the virus affecting day to day life. From where i am every day between 800 or 700000 americans die from where i am thousands are out of work a 1000000 out of work 60000 people lost work just in the other few days 34 days ago airlines are shut
Moderately above 2 inflation, moderately is what it says in the statement but does not define exactly what moderately means. There are two centers to this action, Robert Kaplan wants to see the statement to the way it was pretty wants to statement to read the economy or stance will remain the same until the economy has weathered the storm and the economic storm we have here. Well cash on the other side dissented because he wants more dovish language in this. On implement rates, statistics are very interesting here. They have reduced now the planet rates rates and estimation of this year to 7. 6 by the end of 2020 grid that is down from 9. 3 from their june projection and then also 5. 5 from on a plummet rates in 2021, 4. 6 and 2022 and 4 in 2023. The real gdp prediction cut in half for the losses they are paired they are now saying its a loss of 3. 7 at the end of this year with a bounce back of 4 next year. The inflation, fed estimates that pce inflation is 1. 2 this year up from 1. 7