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
Partnership with National Security advisor kissinger. Im going to share the screen so we could look at powerpoint pictures as we go through the sequence. First of all, here is president nixon himself. He had been born in 1913. He grew up in a lower middleclass family in california. To dukeated and went University Law school. This was in the worst years of the great depression. The mid1930s. During the Second World War he joined the u. S. Navy. Nixonuld see a photo of as an officer. He served with distinction in the pacific. Noncombat but as a logistics expert. Getting the right equipment to the right place at the right time. He was given a series of commendation from his commanders. He was also a very talented poker player. He had a great ability to bluff. That is a valuable quality in someone who is undertaking policy at a highlevel. In 1946 after he had been demobilized from the navy, he ran for congress. On the right, you could see a poster from his first election campaign. In 1946,
Happyorning everyone, monday. Pmis are coming in. Those numbers and go straight to the market and have a look at the positive news out there and how market traders are taking this. Falling. Area a touch worse than expected. Is a touchng pmi better than expected. Interesting to see the difference between services and manufacturing. What thek at the market wants to focus on, its after that vaccine says preventing 70 of cases. Global stocks are advancing. Focusing on the encouraging news from vaccines across the world. The astrazeneca one done with oxford is not as efficacious as the other one but you have to keep it at a much higher temperature which distribution could be that much easier. Not at all discouraging. Good morning. Over in the u. S. , president elect joe biden is aideing for his longtime as secretary of state. Thats according to several bloomberg sources. Former Hillary Clinton aide Jake Sullivan is expected to be National Security advisor. Could come ast soon as tomorrow. R
Probation authorities. And the pathway towards parliamentary and president ial elections in libya looks clearer with the u. N. s and voicing political talks in tunis have resulted in a breakthrough. Thomas first, it is a hollowed space in paris that is already resting place for several prominent french heroes. This wednesday, on the anniversary of the end of the great war, the remains of wartime writer Maurice Genevoix have been interred on the capitals left bank. Incident Emmanuel Macron presided over the special ceremony after laying flowers at the top of the Champs Elysees avenue at the tomb of the unknown soldier. France 24 has put together this next report which takes a look at the frontline soldier and is written memoirs. Reporter world war i seems like a distant and old conflict, but Maurice Genevoixs writings from the frontline line can throw readers back in time. I was covered for four days with slocum blood, with a smashed brain. Face was hid with human guts. Im disgusted. Re