They call the process excruciating. Good morning, everyone. Happy friday. We have made it to friday. It has been quite a week. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are focused on brexit, oil because of opec, and focus on u. S. Stimulus in the u. S. Stocks are holding gains, key data of course out of the u. S. , it is the u. S. Labor market. It is going to give us an indication of whether the economy needs support or not, and Oil Extending Gains after ninemonth high after this opecplus deal. I am looking at the dollar, treasuries pretty much nudging higher. A lot ofve a prett volatility because of brexit do we have a deal, do we not have a deal, have they walked out . It has been pretty unclear so far, talking about lastminute ships come up the british saying it is because of eu demands at the last moment, but it seems like it could be up in the air. Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leig
Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover
You can text us, 202 7488003. Include your name, tell us where you are texting from. On twitter, we are cspanwj. We will look for your posts as well on our facebook page. We start this morning on the modernage of usa today, applied monday for an emergency use authorization from the u. S. Food and Drug Administration after receiving more good news about the safety and effectiveness of its covid19 vaccine. They are the second vaccine maker to request authorization from the federal government after similarly positive results from pfizer host we will start by asking you, when the back in comes out, will you get back native . Tell us your thoughts on that. F you will, 202 7488000 if you wont, 202 7488001. What are some of the next steps . We have a look at that and what you need to know about astrazeneca, moderna, and Pfizer Vaccines, in the third such announcement in as many weeks. Pfizer, moderna, astrazeneca, the headline from last week, the chart onated what happens next. Resultss repor
So there is, there was a break in continuity. And i think that break was born out of the political will, of the American People electing a populist president. And so the, it triggered an auto immune reaction from the establishment in america. That was the media is well, so with bought with, if biden assumes power, lets assume hes going to take the reins in january. Then the democrats are going to have the media on their side for everything. There will be no holding them to account. It will just be kind of a cheering section, much like it was for 8 years under obama and you, you can see where that led the u. S. And led the world, which was one of the darkest periods, in my opinion. In geo political history, this president started a numerous amount of new wars from yemen, dismembered yemen, dismembered, do you crane . Dismembered libya, nearly dismembered syria, if not for the help of syrias allies, russia, and iran. So, but now theyre going to have a chance to resume some of those proje
Of the American People electing a populist president. And so the, it triggered an auto immune reaction from the establishment in america that the media is well. So with bought with, if biden assumes power, lets assume hes going to take the reins in january. Then the democrats are going to have the media on their side for everything. There will be no holding them to account. It will just be kind of a cheering section, much like it was for 8 years under obama and you, you can see where that led the u. S. And led the world, which was one of the darkest periods, in my opinion. In geo political history, this president started a numerous amount of new wars from yemen, dismembered yemen, dismembered, do you crane . Dismembered libya, nearly dismembered syria, if not for the help of syrias allies, russia, and iran. So, but now theyre going to have a chance to resume some of those projects, i mean, but they will also, in terms of continuity, they will look at what true the trunk framework is an