Options. Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua here in london. Now, there is quite a lot going on in the markets, simply because the stimulus in the u. S. Is getting people quite excited. Part of it is what we are hearing from Central Banks around the world, the projections. This is what the markets are doing overall. Stocks are turning higher. Gold at the same time is ascent, and then we have the word on the latest american stimulus package. We need to mention pound, rising against the euro, after the bank of england said it did not plan to tighten policy until the inflation outlook is more clear. Now lets get to the bloomberg first word news. Here with me in london is laura white. Hi, laura. Laura as fast as they can, but that does not mean safety is being sacrificed. Dr. Anthony fauci he hopes the vaccine is at least 70 effective, but he says he would still feel good if it is at least 50 effective. Classical history of viruses, particula
Surveillance. I am Francine Lacqua in london. Here are your markets, you can see the stocks europe 600 is down. But nothing like some of the anxiousness we saw over the last couple of days. There is definitely a deescalation, so in certain parts of the world, there is relief in the markets. Im looking at eurodollar 1. 180. If you are looking at the yen, it is also a little bit off the anxiousness we see out there. This is the picture for the u. S. Yield, one of the main metrics we have been following closely. Look at the 30 year yield over the rest of the day. Coming up, a conversation with mike wells, chief executive of prudential. Lets get straight to a to bloomberg first word news. We begin with the German Economy, shrinking in the Second Quarter, piling pressure on Angela Merkel. Economyht, she said the was going through a difficult phase. From the previous three months, output fell and exports slumped as the trade war hit manufacturers. The italian Prime Minister has been called t
you can see sustained winds are still 45 miles per hour gusting up to 60 miles per hour, still trying to get itself fully organized, but it is going to be heading into a more favorable environment in the next 24 to 48 hours, lower wind shear, lower sea surface temperatures. you have tropical storm watches for jamaica but hurricane watches for areas of the cayman islands. that s because in the short term we anticipate that storm will strength sboon a category 1, maybe a category 2 as it s crossing over the cayman islands. further strengthening is expected as it crosses over cuba and into the eastern portion of the gulf of mexico. then we anticipate it s going to make that right-hand turn back towards florida. at this point, the cone is very large. we are talking anywhere from destin, florida, all the way down just north of key west, still an option at this point. so, basically, if you live anywhere in florida, you need to go ahead and make those preparations just because of th
i don t know, if there s no people helping there anymore, maybe not their vote. max foster, thank you. top of a brand new hour on cnn. thanks for staying with us. i m victor blackwell. there are growing fears that there may soon be an escalation in ukraine after a violent attack in moscow this weekend. the kremlin is accusing ukraine s intelligence officers of carrying out an assassination of a daughter of a prominent putin ally. she was killed in a car bombing on saturday night near the russian capitol. russian security agency says a ukrainian woman was behind the attack and the bomb was detonated remotely. ukraine denies any responsibility. cnn s frederik pleitgen is live in moscow for us. fred, what s the latest. reporter: well, the russians have put out a video claiming to show this ukrainian woman enter russia, then move into a housing complex where daria dugina also apparently lived to see the daily routines of daria dugina, carrying out the bombing and escaping to
military and economic might in the region and escalating provocations from north korea which u.s. intelligence thinks may be planning a missile test while mr. biden is there. let s bring in cnn s paula hancocks live in seoul for us. good morning, tell us what is the underlying purpose of the president s visit there? reporter: what the president is here for and what he would like to be talking about is alliances. and talking about economic prosperity and partnership with south korea, talking about security ties. what he might find creeping up the agenda though is north korea. as you mentioned there, we have heard from both u.s. and south korean intelligence sources that they do leave that an icbm test, intercontinental ballistic missile test, may be imminent. this is the kind of missile that if fired at a normal trajectory could potentially hit mainland united states. at this point we re hearing from a u.s. source telling cnn s barbara starr that they believe that they may e