Saying china is the greatest threat to democracy worldwide. The u. S. The bloomberg u. S. Dollar index. Crude getting a lift after an opec agreement that came through. Theyre going to be keeping curbs in place in terms of production but we could see on a month by month basis some of those curbs being removed. Agrees to ease cuts more gradually. Gold about 1 10 of 1 lower. Bitcoin using some of its sheen and declinings extensive 1 . With all that in mind, lets find out what is happening in new york. Karina we start with the news on pfizer. It slumped on reported may ship only half of the vaccines it planned to this year. Issues supply chain will cut it to 50 million. Anthony found she is taking the u. K. For rushing to clear the pfizer vaccine. Moderna claims it shows what it claims is durability. Republican Senate Majority leader Mitch Mcconnell is calling for a smaller more focused stimulus package for the u. S. Economy as democrats scale back demands to find a route forward. The base
Now because you are only the second wealthiest man in the world, right . Many companies are racing for a vaccine. This ceo is emma wants me. Has a vaccine that will help cure covid 19. How me times a day to people ask you when youre vaccine will be available . Regularis a very question. Have alluently, we been delighted to see the very recent years that some of the first results coming through on vaccines. Yesterday, i was on a call last globalith 10 of the pharmacy ceos that are heavily involved in bringing solutions to covid. We are excited and optimistic to see the first data come through and looking forward to seeing more come through in the next six months or so. We have three vaccines and the clinic and to therapeutic treatments. Everyone is understandably inpatient. We wipe off with the pandemic 500 billion of value with the world. I think that we can be increasingly optimistic that the science will win. Mobilizedry that has so fast it will start to bring Scale Solutions and we
Manus it is daybreak europe. Let us discuss the single bit biggest geopolitical issue in the world. For me, there is a divorce between market recalibration to risk on or less the risk off and retaliatory risk. Let us have a live picture. The foreign minister from iran speaking in tehran. The attack made the world a less unsafe place. The u. S. Is a more unsafe place. There are a number of other headlines translated by al jazeera. I is alling of soleiman big gamble and what happened was not an attack on iraqi sovereignty. It was targeting a man who was fighting terrorists. Good morning. See thee certainly do rhetoric not necessarily backing down on both sides. This is one of the questions we are asking ourselves. If weather with the u. S. Did last week was a great miscalculation and how that might feedthrough into rotelle tatian retaliation. Are we going to see rational actors being more calm in the markets as we wait to find the answers . Manus markets have repriced, and this is what i
Good morning. This is bloomberg daybreak europe. We are getting pmi numbers across right now from india as well as news that apple is going to boost its output of the iphone 11 by up to 10 . Reports coming out of the nikkei news agency, so it looks like apple has gotten good feedback on the iphone 11 in terms of sales. Its going to boost the iphone 11 range by up to 10 in terms of production according to nikkei. Have pmiof india, we figures. Now, 48. 7 versus the previous month of 52. 4. Good news from apple. Bad news from india. Here you see the rupee losing strength in terms of the u. S. Dollar. The u. S. Dollar can now buy more thanthan before rupee before, though there is very little change in todays session. Lets take a look at some of the other data points you are going to be watching. I noticed the pound this morning climbing. You can see it right now, 12336. We are going to keep our eyes on the development in terms of the brexit. All of our eyes collectively. Ftse futures are d
All right, this is a shock or block week. But thisa note that suggests that these markets are moving high. Becausehave good reason earnings have been so impressive so far, really big ones dominating the agenda this week. Ish, we are looking at crucial levels when it comes to stocks in hong kong. Rishaad absolutely, looking at what happened with these shares, these Chinese Companies trading in hong kong. We want to bring up gb tv 9440. Investors bid for these underperformers. This is a third of the companies on the hang seng. They are racking up fresh one year the biggest proportions says that 2014 stock bubble. We are seeing some of those cheap banks red hot. These fresh highs are being hit last week. That is what we had at the moment. H, in terms of the other things on the agenda, we have yellens swansong and watching what the fed does. We are just watching what happens as jay powell takes over. The pmi is expected to hold steady. Lets look at markets because we did have u. S. Stocks