Headwinds remain. Welcome to bloomberg surveillance. I am Annmarie Hordern, in for Francine Lacqua in london. Fall to 46. 2, the forecast was for 46. 7. Manufacturing pmi 54. 4, forecasted 53. This,e were expecting given what happened last month, and france and london, and they were just talking to anna about this. The risk to the Service Sector employmentek, 75 of in the eurozone, so the services are where things will be much softer. A bit of a friday feeling on the euro stoxx index, especially for banks and autos. We are poised for a weekly decline, the worst in a month. S p 500 futures have been drifting between negative and positive territories the entire morning. Eurodollar 118, a little bit from euro versus the dollar. That is your market check. Now lets get around the world with first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, annmarie. A second wave of Coronavirus Infections gains momentum. Told 46 Million People to stay home after 9 00 p. M
Reaches a milestone. Good morning, everyone, and welcome to bloomberg surveillance. Im Francine Lacqua in london. We have breaking news the last 20 minutes. China says that the u. S. Has abruptly closed its consulate in houston. That is having an impact on the market. Lets get the markets. Risk sentiment looks a lot shakier after china says the u. S. Abruptly ordered the closure of its consulate. Most european indices have extended declines to session lows. S p futures accelerating their dissent. I did want to show you gold and silver. Lets get straight to the bloomberg first word news. Ispresident donald trump restarting virus briefings. There was a shift in tone with the president urging americans to wear masks and avoid risky behavior. The death toll for the virus in the u. S. Has topped 140,000. Cases are still growing, especially in southern and western states. President trump it will probably, unfortunately, get worse before it gets better, something i dont like saying about thin
Objective. President trump continues his state visit to the u. K. Playing down dirchfferences over huawein promising a great postbrexit trade deal. The United States is committed to a phenomenal trade deal between the u. S. And the u. K. There is tremendous potential this that trade deal i say probably two and even three times of what were doing right now. The imf trims its 2019 frost for the chinese economy saying more policy easing could be called for trade tensions escalate. And hedro trades near the top of the stock after the aluminum producer delivers better than expected First Quarter profit and signals production is closer to capacity good morning, and a very warm welcome to street signs. Weve got fresh data coming through for the euro zone. That is the final composite pmi numbers as well as services. Let me bring you what those numbers are. On the composite number, the final pmi has come in at 51. 8 for may. That is slightly better than the flash estimate of 51. 6 it also is hi
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