The postelection risk rally faltering. Of good morning, everybody. 7 00 in london. Eight in paris or berlin. Lets have a look at the equity markets. Look like europe this. Negative. This is indicative of what we have seen on u. S. Futures or are seeing. U. S. Futures down 0. 5 . Nasdaq futures off their lows but still pretty negative. We are losing our nerve on Global Equity markets. Three days into this neverending election account it seems, the context of course is important. The rally we have seen must have been forgotten when we look at nasdaq futures, up nine, down one. Lets have a look at the gmm. Going on other things here. Oil prices are interesting, down by just over 2 . Dollar, not all about what is going on the dollar. Inflation trade unwinding. Investors wait, the electorate in the United States waits for the counting to continue. The race for the white house is still too close to call. Counting continues in crucial swing states with joe biden catching up in georgia and pen
Clearance. A grand reopening. Thee johnson will outline strategy today, expected to include an increase in Community Testing andriy incorrect reintroduction of tougher restrictions. Biden iselect joe said to have landed a longtime advisor as his secretary of state as the president reportedly moves closer to banning tech exports to dozens of chinese companies. 7 00 and in london, from first, and 10 00. In three weeks, there will be a vaccine for everybody and herd immunization. This is the standout note from fauci. We will vaccinate. 7 of the population. These are big ambitions. Annmarie they certainly are and the news over the weekend from the head of warp speed saying we could start in potentially three weeks, but it is only going to be december 10 when the fda looks at approval for the pfizer vaccine. You made a good point this morning, the fact this is the developed world. What remains in the developing world could be a difficult picture. Isus a question for markets if so risk on, t
Irelands Prime Minister told bloomberg that the outline of the u. K. E. U. Trade agreement is clear on both sides, but it is not clear that Boris Johnson wants a deal. Has let is set to join the s p 500 next month as its biggest ever new member. Just one hour to go until the start of the european trading day. We have the numbers from easy just. The Lowcost Airline is he easy jet. 4. 5 . Down this is a fullyear set of numbers bearing in mind when the end of the easyjet fullyear is, in november. The revenue is attached below the estimate of 3. 08 Million Pounds. Get to something that loss, 835e, pretax million. That is one of the things we need to understand. It will not the recommending payments of a dividend. A big question for is a jet when we get to see the ceo is, is november the worst of it . Hsbc saying that november may be as bad as it gets for the european airlines. Doesnt feel that way from the aviation flight deck, for could things become more difficult as we get through the w
That really picked up after the good jobs number. That is the election uncertainty lets get back to election uncertainty. Joe biden has taken the lead in pennsylvania and georgia, remains ahead in nevada and georgia. We expect updates from all four today. For more, we are joined by Bloomberg Government congressional reporter emily wilkins, at the biden headquarters in wilmington, delaware. What is the latest . Emily the Biden Campaign has a tricky thing to do today. They have to continue to project confidence that biden is going to be the winner. That is what it is looking like right now. But what he also has to do is make sure that he doesnt get out there and declare victory. Biden has already said he cannot declare victory, trump cannot declare victory, but that they need to wait for the votes to be counted and for it to be called. Thank, indeed. Bloombergs thank you very much, indeed. Bloombergs emily wilkins. Lets bring in Josh Wingrove in washington. The Trump Campaign saying this
Welcome to our special 2020 election coverage. It is so nice to stay up altogether. I think the world is really riveted by what is happening with the vote counting in u. S. I am francine lacqua. Tom keene in new york. Interesting to look at market movement. The world is watching this razor thin election, just trying to understand why it is taking so long in certain counties, and of course trump to find out what happens in the senate race and what happens with the president. Tom its going to be extraordinary this friday and the uncertainty of where we are friday afternoon, where we are into the weekend. One thing that is very evident as we edged towards recounts, which will move us nicely from november and even into december. One telling statistic, the sum right now of the five states, forget about alaska, the five state disparity between these 3,919 votes out5 of 150 million that have been made. Francine we are talking about razor thin changes. The latest electoral vote count 64, the m