The u. S. Election and there is profit taking in parts of the market. Investors, trying to figure out what a biden possible blue sweep and the senate means for markets. The focus is on brexit. Rushing outstories and we go to the fed and jobs tumbling. Oil two other stories we are watching, euro area october are thanring pmi, that expected, 54. 8 instead of 54. 4. Se extra this is pretty lockdowns. Watch down for some of the stocks because there was an input error. Maybe we look at individual countries instead of the stoxx 600 as a whole. Lets get to the first word news in new york in london with leighann gerrans. And thank you. With one day until the u. S. President ial election, democratic nominee joe biden is leading incumbent donald trump in a series of polls. He remains ahead nationally as well as in key battleground states although some of the races remain extremely close. A number of polls put widen and ahead in the key swing state of pennsylvania. The u. K. Is set to enter a loc
Down without demand. Ryanair says the risks are skewed to the downside as the ceo called the new lockdown political mismanagement on a grand scale. Welcome to the program this monday morning. Just under one hour to go until the start of the cash Equities Trading session and futures look like this. It will be moving to the downside. The u. S. Session on friday, particular tech stocks taking a hit. You might expect negativity coming through. Lets have a look at u. S. Futures, a slightly different trend for us this morning. No trend, in fact. Fairly flat. Theaw a definitive move to downside on friday. There are a number of themes in play as we go into this, not least of which the u. S. Election and the fed. The chinese data we had out overnight, interesting of course for markets but really from a european perspective, we are focused on what is going on with the left story across europe and we will be thinking a lot about that and talking to our guests a lot about that as we go through the
An inperson showdown. Commission holds firm it will be virtual. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. Stimulus talks could be closer, or at least they. Are back on the agenda. Here is what. I am looking at across the board. Is movingr yield attached, dollar declining, global stocks rising as the white house appeared to shift track, which signaled it is open to a large. Later on surveillance, we talked to armand sarkissian, 9 30 a. M. U. K. Time. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Leighann the debate will happen. The commission organizes it insists it will be virtual, but President Trump says he will not debate,t in a virtual calling the commission a joke. He is calling for to be rescheduled, but joe biden is rejecting that. He says the president pulled out, not joe biden. As dailyaximum alert coronavirus cases exceed 18,000 for a second strai
Quite a lot going on in the markets. Quite a lot going on in the u. S. President ial race, certainly in u. S. Politics with President Trump tweeting i think 25 times yesterday, not mentioning his wife or a lot of the white house staffers that have been infected with covid19 and saying that we should not be worried about it. Certainly, it will play out in the election. European stocks are struggling a bit for direction following yesterdays broad market advance. We are looking at dollar per much study. Other Asset Classes really little movement. Lets get straight to the bloomberg first word news. Heres leighann gerrans. The coronavirus can spread through the air to people who are more than six feet away from an infectious person. That is the latest guidance from the cdc. The agency says this message of transmission is uncommon method of transmission is uncommon and happens in places with poor ventilation. It raises new challenges for reopening businesses and schools. Coronavirus is sprea
Infections rising not only in europe, but also in specific European Countries. Lets get to the markets. The focus is also another currencies. Eurodollar on the back of what we heard from Christine Lagarde. Investors toward u. S. Fiscal stimulus. The bloomberg first word news. Here in london with me is leighann gerrans. Is considering fresh sanctions on iran. They may target more than a dozen banks and label the entire finance industry offlimits. The move would effectively leave iran isolated from the global economy. A wrong has already been crushed by the loss of oil sales thanks to american restrictions. French president Emmanuel Macron says he has agreed to meet the Opposition Leader of belarus, as he looks to persuade his eu colleagues that he is serious about confronting russia. The eu is holding a summit later this week to discuss potential sanctions against moscow for not cooperating on belarus. Fears the u. K. Could be facing a longterm increase in the size of the state as well