Schools in wales could re open to all pupils after half term though the nationwide lockdown will continue. Thousands of volunteers helping the nhs with the Vaccine Roll Out will be prioritised for a jab. And no glastonbury for us, but in new Zealand Music lovers can gather for concerts. We hear from what could be the biggest live act in the world at the moment. Coming up in the sport on bbc news, a worry for tottenham and england after a double injury for harry kane. He only lasted half the match in their defeat to liverpool. Good afternoon and welcome to the bbc news at one. A new Coronavirus Vaccine has been shown to be more than 89 effective in trials, and is the first that has proven to be effective against the new variant identified as circulating widely in the uk. The novavax jab is made by an american company, and it still has to be approved by medicines regulators, but the government has already ordered 60 million doses, much of the manufacturing is being done in Stockton On Te
Bonds elsewhere in the world. Thechinese yuan weaker than dollar after the pboc trying to rein it in. Lets go back to that stimulus stalemate we have been talking about. Remaining deadlock in washington, with President Trump and House Speaker nancy pelosi blaming each other over the lack of progress. The president has sent shifting signals on the amount of stimulus he wants. Pres. Trump republicans want to do it. We are having a hard time with nancy pelosi. She thinks she can influence the election. I think they are hurting themselves by not doing it. Kailey joining us now is kevin cirilli, bloomberg chief washington correspondent. What are the odds we are going to get a deal before the election, and if we do get one, what are the odds that it can actually pass the senate . Kevin in terms of the reporting i have done, i think there is a high likelihood there will be a deal by the end of the calendar year. Whether or not it happens before election day, that is a large unknown. To be can
But the equity markets are open. We are up by 1. 2 . Earnings season getting up tomorrow with j. P. Morgan, but stimulus talks are not going anywhere. The german tenyear yield, yields are going lower. We are also seeing some pressure caught in periphery. We are getting awful close to a has 100 spread that basis points on it, and that is certainly something we are watching very carefully. We note the comments from mr. Lane over the weekend. The other thing we are noting as well is what is happening with chinese currency. The pboc over the weekend basically putting two way risk back into that currency pair. The question is, will that be marketto stabilize this and keep the pboc happy, or is further action ultimately going to be required . Kailey joining us now is mark mccormick, Td Securities global head of fx strategy. Lets talk about the u. K. First. More restrictions to stop the spread of the virus there. The market doesnt really seem to blink at any of these new additional restrictio
Surveillance. Goodning orbit more afternoon or good morning. We saw a bit of a lift in asian stocks. Now, the stocks europe 600 down. 27 . It always honest President Trump and xi jinping can find a solution. They will sit down and we will see if we have something at the g20. The u. S. 10 year yield, the story of the day, actually, the year. The nymex at 54. 12. We understand opec may have found a date with a could meet, the first of july. Coming up, we have an allstar guest lineup. At 930, we have an excuse of interview exclusive talking luxury and the chinese of watching. At 11 30, we are joined by blackstones chief executive Steve Schwarzman. And later on, we speak to the facebook coo sheryl sandberg. But first, lets get straight to bloomberg first word news. A bloomberg scoop. President donald trump asked white house lawyers to explore his options for removing Federal Reserve chairman Jerome Powell. Happened earlier in the year, less than two months after trump discussed firing him.
Meanwhile Red Bull Team principal christian horner, has again denied allegations of inappropriate behaviour, after a series of alleged messages were leaked. Horner was cleared on wednesday, after an internal investigation looked into his behaviour towards a female colleague. An anonymous email, with a link to messages, purporting to involve horner, was sent to formula 1 personnel and media yesterday. Horner said. I wont comment on anonymous speculation, but, to reiterate, i have always denied the allegations. Tim jotischky is a Reputation Management expert. Clearly he has repeatedly said he has been an exonerated and he has nothing to answer for. But it can be difficult to do that because the weight of events, the fact that you are the centre of the story, it becomes impossible to focus on what you are therefore, which is the win races. A mean, sometimes you dont think your position is sustainable, there might be someone in business who does, its something you might see it happen, but