Bill gates says the nations testing has mind blowing problems. A mediag Police Arrest tycoon and prodemocracy activist reportedly on allegations of foreign collusion. Nexts in his Media Group Digital slumped. Gone 6 00has just a. M. In london. Good to see you this morning. Names a ceo and president from november. He had previously served as the chief operating officer. He will take over on november 2 he did his first interview, fiveandahalf years, go to your bloomberg 6 returnelivered relative to peers of 6. 4 so a change at the stop on equinor. We will keep an eye on any more detail on that. Rump, turkey, tiktok i am on tiktok. I have sent something out on. Tiktok trump, turkey, tiktok, and trade. Im determined to boost my tiktok numbers. Nejra good morning. Ill add tech because tech lead a decline last week on friday with the confrontation with china being ramped up with the white house. I cant wait to see your tiktok account. Manus it is awful, dreadful. I havent worked it out yet.
Impact on Small Businesses is still unknown. Boris johnson announces a dramatic lifting of lockdown measures imposed in england as the u. K. s chief medical officer warns the virus will persist into 2021. Its just gone 6 00 a. M. In london, 7 00 a. M. In paris. This he question is why is Anthony Fauci talking about a disturbing surge . Are we preoccupied by the two magical words from Steve Mnuchin . We will exit the session at the end of the year, with 10 unemployment potentially. We are hanging our hats on the holy grail of hope, but the reality of real human hotspots in this covid crisis. Nejra yeah, absolutely. When you talk about the real human impact as well, yes, we look at the fact cases are surging in the transmission rate is actually above 1 according to some estimates. The real human impact is on jobs as well. There are really questions over when that support comes away in autumn, what that means for the jobs picture, not just for the u. S. But elsewhere as well. Manus no, yo
And President Trump does not want to talk to president xi. The highestcords number of deaths in a week. And we have the gdp data from germany. Welcome to daybreak europe and welcome to friday after a rocky week in the market. On thee bit of green screen coming through from asia. Yesterday there was a rally on wall street. Initially, u. S. Stocks dropped after jobless claims again but we got a rally. Making a comeback. The gap between tech stocks and banks getting to an extreme level. Utures, a mix for europe, right on the screen yesterday. European futures up 1 ahead of the german gdp data looking to post the worst contraction for germany since 2009. 10 year yield dropping about eight basis points through the week. The dollar heads for a weekly aim speaking to risk off as well and oil heading for a third weekly gain as well. Some science the markets are slowly rebalancing. Kick off the latest development of the coronavirus with the global death toll exceeding 300,000. Cases fueled alar
Welcome to Bloomberg Markets. Before we get to that we have the bank of canada. Guy a bit of a nonevent. 5 matching. Im curious to see what ted macklin has to say though. He cannot make the same mistake he made in january. He cannot say we will pause, i think they will avoid that this time around. It will be interesting to see if the ecb and the bank of england make the same decision. How they are hawkish but keep pausing at the same time. We are near the top of the cycle on Interest Rate. But the sentiment is strong. Alix yields are popping lets get to that with michael mckee. Mike it matches the Third Quarter gdp. Services come in at 54. 5. That is up from 52. 7. New orders rise 50 75 57. 5 from 55. Unemployment rises but it is too late to use that in terms of forecasting the august payrolls but it it was 54. 7. Supplies are easing under the weather a little bit at 48. 5 but 48. 1 was the previous. And prices paid 58. 9 compared to 56. 8. Questions asked about if we see the economy f
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