Back down and their rejection of sundays disputed president ial election. Several e. U. Countries see a steep rise in corona virus infections prompting fears of new knockdowns and stricter quarantine measures. And im lee harding with sports tennis world number one Novak Djokovic confirms hell play at the u. S. Open next month and paris and her mom celebrate a return to the Champions League semifinals for the 1st time in 25 years after a stunning comeback when. U. S. President donald trump has announced the formalization of ties between the u. A. E. And israel as part of the deal israel will suspend plans to addicks palestinian territory donald trump says the u. S. Helped broker the deal which will see the u. A. E. And Israel Exchange embassies and ambassador the 2 nations are expected to meet in the coming weeks to sign agreements. This is a truly historic moment not just the israel jordan peace treaty was signed more than 25 years ago as so much progress being made towards peace in th
Good morning, everyone, and welcome to bloomberg surveillance. Inm Francine Lacqua here london. Happy thursday. Lets check in on the markets. A lot of focus about the turkish keene is alsom all over. He is really on what could happen in the near term. Apart from the turkish lira, there is quite of lot going on, and stocks are dropping in much of the world after the fed signaled continued concern on the pandemic, and that is weighing on the worlds biggest economy as well as treasuries advancing. The other thing i am watching out for is daughter holding, gold edging higher, and then we not need to talk about wheel, declining from a high after the fed and opec both sounding cautious we need to talk about oil. And lets get to the bloomberg first word news. We start with china, which says it is planning to hold talks after last weeks talks were canceled by donald trump. This is six months after the pack. The russian opposition leader, navalny has fallen ill, allegedly due to poisoning, unco
Airbnb confidentially filed for , the nasdaq still outperforming. The gloves now have come off in the u. S. President ial election with the Democrat National convention targeting trumps policies and rhetoric. Kamala harris reinforced this last night. We can do better and deserve so much more. We must elect a president who will bring something different, something better, and do the important work. A president who will bring all of us together. Black, white, latino, asian, indigenous, to achieve the future we collectively want. Alix for more on how this battle for the presidency could impact the economy market and by. Reet, im joined to start on politics plus economy, jobless claims with higher delinquencies with housing on the rise, how do you pair that with what we might see in november . Regardless of who is in the white house and how Congress Ends up, there has got to be more fiscal spending. We do have what i would call a fiscal cliff, which is that so far the economy is more resil
Monica [ voice breaking ] anybody who wants to support my mom, [bleep] go for it. Lemonis if i cant convince her to trust my process, Monica Potter home may be at risk of closing forever. Monica i just i cant do it. Lemonis sit tight for a second. Monica ii cant do any more. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. You might recognize Monica Potter from nbcs longrunning series parenthood. But when shes not making movies or tv, shes making products like skincare, room sprays, and candles and selling them through her company, Monica Potter home. Monica the best part about the whole company is we are bringing jobs back home. Lemonis a cleveland native, monic
We are looking ahead to the fed minutes out on wednesday. Lets change the board and look at the currencies and we will check in on some of the commodities. The u. S. Dollar index currently flat. You have the euro gaining just four basis points. A stronger euro over eight straight weeks. That is beneficial for emergingmarket currencies. The yen, 76. Rsus some gains for the aussie versus the safe haven yen. Gold had its first weekly drop since early june. Gold firmly in focus. Down 3 10 of 1 . 42 for wti. Over in the u. S. , 17 basis points on the 10 year. Lets get to the first word news. Good morning south korea is warning of a new mass Coronavirus Infection after reporting its highest number of cases since early march. The latest infections are being linked to a church in seoul. Tokyo confirmed new cases. Young adults in their 20s the largest group, almost 18,000 people are infected in the capital. New data show the japanese economy continuing to stumble amid falling Global Demand and