Still needs 17 Electoral College votes but were getting new information. Whats changed from yesterday the president is behind in pennsylvania there you see joe biden with an 8,000 plus vote lead in pennsylvania the president behind in the state of georgia, 1584 vote margin thats a really squeaker in state of georgia the president needs both of those to advance here. Pennsylvania is the big kahuna joe biden gets that this race is over take a look. The state of arizona where in last hour we got a new wave of vote from Maricopa County. Thats in arizona near phoenix that pushed bidens lead down. It was just under 44,000 or right around 44,000. Joe biden at 50 even donald trump 48. 6. The difference 4377. 9. So the biden lead holding in arizona. Nevada similarly, weve been getting new vote throughout the day. Yesterday and through to today there you see joe biden ahead 49. 8, donald trump 48. 1. The difference there just over 20,000 votes, guys so a very close race all of this is being watc
Manus a warm welcome to bloomberg daybreak europe. Do you believe that phase one trade deal between the u. S. And china is the most momentous day in trade history . Those are the words of lighthizer. Bank of america, a cracking note out this morning. Get ready. It will be frontloaded. 5 up on the s p 500. To e old rates are going bang up. Nejra how worried should we be about the potential curse of phase one and done . We have seen a risk rally. The phase one trade deal for china but also the u. K. Election, but the question this morning, as we sit here going into 2020 becomes is the absence of some bad news going to be enough for risk assets or do we actually need more good news to come along . Manus indeed. To the markets. There are the believers, the doubters, and there are a course those people that have yet to be convinced. The yuan is truly one of the believers. We come off that break point down to one of the biggest 1 ony drops moving by friday. What does it take to rerate you wa
Accomplishment for the president. But, mixed global data offers a reality check as both german and french manufacturing figures miss forecast with germanys private sector contracting for the fourth month in a row. Shares sink after the Home Appliance maker warns bigger than expected hit from a plant in south carolina. A tasty deal iff will buy duponts nutrition and bio science business creating a consumer giant worth 45 billion. Well, happy monday, very warm welcome to street signs. Lets kick off the show with a fresh data point thats just crossed the wires. Thats the eurozone flash pmi for december for the eurozone as a whole the composite came in unchanged at 50. 6 that was the same level we saw in november. The manufacturing pmi, that flash 1 slipped to 45. 9. So slightly lower than the 46. 9 seen in november the services pmi, that rose to 52. 4 from 51. 9 in november so slightly more positive news on the services front, weaker news on the manufacturing front, which is really bang i
Of western digital. Index just a little weaker on a stronger euro today, just below 97. The 10 year yield at 1. 86 . Above 60 a barrel on all of the positive trade talk. In europe, its been a positive day as well, particularly in france and germany, even though weve had some disappointments out of manufacturing readings. 1. 3 ,oxx 600 holding up and he ftse 100 up another 2. 4 . Add that to the 1 plus gain we had friday, we are seeing a nice gain for the ftse 250, which is more to masterfully focused. But alsois stronger, we have just a little but of strength for the british pound. We saw most of that coming in after the election results. We are back down to 1. 33 now. I want to point to the yuan because we are just below seven. The u. S. And china reaching that much dissipated phase one of the trade deal. Expected to release the full 86 page agreement in early january. U. S. Trade representative Robert Lighthizer says several issues remain. Phase one willr be up limited to the last de
Stoxx 600 at a record high. On top of that encouraging news out of china. The pound, 1. 3363, getting a little bit of data with manufacturing. 45. 9 but it is still also indicating contraction. Lets take a look at a share price of electoral a come of , those are down. Mark carney will present the financial report. Thats from 5 00 p. M. London time and we should be a week away from the nomination of the new bank of england governor. Lets get straight to bloomberg first word news in new york city. Boris johnson will appoint new ministers to his cabinet after his landslide victory in the u. K. Election. The Prime Minister will welcome 109 new conservative members of parliament to london. They will take their seats in the house of commons. Downing street saying the government will introduce a law to deliver brexit before christmas. That will pave the way for the eu divorce and take place by the end of january. The International Effort to rein in fossil fuel pollution stumbling after u. S.