Probably not today ahead of another call between Commission President ursula and british Prime Minister Boris Johnson. U. K. Banks and Home Builders suffered the brunt of the selling as the ftse 100 outperforms the spot 600 and the pound stays under pressure well, a very good morning and welcome to street signs, everybody. Our top story of the day, no surprise, brexit as talks enter the 11th hour. And we have plenty of coverage this morning were going to get into all the detail, all the latest in just a moment but i want to kickoff by showing you the Market Reaction because its been pretty interesting the moves weve seen so far. Starting with sterling, which is trading up 1. 5 versus the dollar, so currently around the 1. 3240 level this as volatility in sterling has reached an eightmonth high. So a substantial sell off in the currency this morning on the back of this weekends developments as we head into the final talks. The ftse, meanwhile, the main benchmark in the equity market for
Holidays, keeping schools and restaurants closed. Stayathome orders will remain in effect with government outside only allowed with government permission. They have had 3000 deaths, most in the past month. Political president alliance is a sweeping victory. The races were boycotted by opposition politicians and criticized his be fraudulent. Has beennal assembly led by the man trying to oust the president for years. He is backed by washington and others who consider the presidency illegitimate. Global news 24 hours a day on air and on quicktake by bloomberg. Powered by more then 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 in p. M. And 2 00 a. M. In hong kong. I am vonnie quinn. U. S. Hospitals facing breaking points. The realities of running out of room to treat patients may be approaching. We talked to Northwell Health ceo michael dowling. Frexit on the brink. Talks over a tree deal with the European Union in breach. Negotiatio
Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. This is what the gap. There is a big movement on europound. That is what i would be watching. Also data coming in better than expected but really still under 50 at 41. 7. If you look at the data, the story on the markets is exactly what is happening with euro pound. Now, the fact that france is now floating a veto threat over the brexit deal makes a lot of Market Participants very nervous. I am looking at our live blog, in 2020 at funny expecthe basically says eurosterling to appreciate rapidly through the september high. Leaplks about ready to Tall Buildings if the trade talks fail. Overall, looking at global stocks really pausing for breath after record highs. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Expanding the lockdown in germany for three more weeks until january 10. Reassessrkel wants to the restrict
Person of color to hold on joe biden says his number one priority is to deal with the Coronavirus Crisis and hes promising to announce a task force on monday more than 237000 americans have died from covert 19 of billings 10000000000 have been infected President Trump in while was playing golf went by and was declared the winner of the election hes not conceded and says theyll go to court to make sure that election laws are upheld alan fischer reports from washington. We know that there are those theres reporting in washington d. C. That we can confirm that suggests the jerry is going to approach dont trump and suggest a concession might be best for the country theres also a report on faux news that says the president under some conditions we consider an appropriate transparent power or just point on that its really not up to him its in the constitution its in the law and there will be a transparent power with nor Strings Attached whether he likes it or not theres been an escalation in
Questioning the vote counting. And in other news of the president says his military has taken hold of the strategic city of shock disputed region of not going to cut about. What the next president s promising to restore the soul of the nation but the current president still refusing to concede defeat thats the situation in the u. S. Right now with joe bidens made his 1st address as president elect promising to heal americas deep political divide but dont trump is threatening legal action in an attempt to overturn the election which was called in by favor nearly 24 hours ago. Standing by for us this hour allen fisher who is in washington d. C. And in wilmington delaware joe bidens home state and we will be with both of them in a moment after this report from our White House Correspondent because. Addressing the nation for the 1st time is president elect joe biden spoke to a divided america and appealed for unity. People of this nation have spoken. They delivered us a clear victory one w