Companys shares slumped after reports it could be added to the u. S. Blacklist. Discord rains. Oil retreats as opec fails before todays meeting. The uae and pakistan are said to be opposed to the current cuts. 6 00 a. M. In london. It has just gone 10 00 a. M. In the dad. Rally . Uld stop the maybe if yields bust above 1 , but that looks highly unlikely in a world of quasiyield controls. Good to have you back in hq. Annmarie good morning, manus. Glad to be back in london hq. One of the things the market seemingly continues to forget about, but this weekend we heard from all the top experts in the united states. Dr. Deborah birx saying postthanksgiving we are already seeing the disease likely. S 10 times more awake is w keeps her awake is what could happen after memorial day. Aboutey are dealing with 100,000 infections a day. Manus go to the front of bloomberg. Com. We have the headlines coming up across the bloomberg terminal at the moment. Take a look at bloomberg. Com because at the
Thrilled you are with us, the simulcast, Bloomberg Radio coasttocoast, and good morning on bloomberg television. The new york city Christmas Tree lighting tonight at rockefeller center. All of the worry we have talked about of this pandemic, death set a record level in the United States come breaking the april 29 level as well. Jon, the markets speak. Moments ago, euro out to new recent record strength. Jonathan a record high in the equity market, the unwelcome record of the pandemic. 1. 21 53 on eurodollar. Once again, it is broadbased dollar weakness. You just wonder how uncovered it will this will make the ecb and how comfortable the move in eurochina will actually keep them. I think that is key, what happens broadbased for euro against other currencies. The im looking at bloomberg terminal here. You can see that on Bloomberg Radio right now. Renminbi comes down as well, with an abrupt move. At all correlates together, and then theres this zombie, the gloom of the bond market. How d
There, about 30 points, 25 points now below that benchmark. That is in part thanks to boeing, that is the dows gain that stock is up about 7 after one of its biggest customers, ryan air, near lily doubles its order of the plagued 737 max plus texas roadhouse that stock is up 200 since the march lows can you say that about many other restaurant chains . I dont think so also near its record high, the ceo, ken taylor, will be with us interesting, engaging guy. Hes going to tell us how he pivoted the business to thrive in this new normal as power lunch starts right now. Hi, tyler. Hi, everybody. Stocks are off the highs of the session but all the major averages are on track for their second week in a row in the green. Lets go to bob pisani for whats driving us higher today im a little disappointed with the action. The comments a stimulus deal was in reach helped early on but has done nothing in the afternoon. Were moving in a narrow range, kind of flattish all the right stuff is moving. De
Talks continue into today. The s p global is in advanced talks to buy ihs mobile markets in what would be one of the biggest deals of the year. A very warm welcome to the program, everybody. Just under one hour away from the start of cash equity trading for European Equity markets. Good to be back in the studio. Thats have a look at the future is and what they tell us about where we are headed this monday morning. Futures dont look great. European features move to the downside. The Asian Session has been fairly negative. These have been record months for global stocks. Rebalancing at the end of the month perhaps is part of the story here. We will talk to the market live team about this shortly. Lets take a look at what is going on on the gmm. Some of the weakest in the weakness in the Asian Session, down one point 3 on the msci asia pacific. Indonesia under pressure. A host of emerging markets under pressure. China outperforming a little today. The Manufacturing Activity we referenced
President tells bloomberg positive news on the vaccine isnt a major game changer for its forecaster. She says the focus remains on stopping the economic slump from worsening. Judy sheldons nomination to the fed board is blocked. Set tome as the sec is move ahead for plans that could delist chinese companies. A warm welcome to the show. Welcome back. I hope you had a good rest become because you come back to many warning signs. From the equity markets, sell the top. Markets, the dean of debt a little to get suspect on distressed debt markets. Marie. Orning, ann annmarie good morning. When this level of optimism is high, there is usually more room for disappointment and that seems to be what we are seeing. I said facing reality. You had a good term of categorizing that reality and for me, Christine Lagarde saying the vaccine is not a game changer because it is not going to change in terms of the economic fallout we are seeing. If we take a look at where we trade this morning in the monda