Reduce a lower thats undercutting, but whats good for the market is not good for the global economy. This is a boom bust the one business show you cant afford to miss something. I want to fail in washington coming up more positive news for a little bit about how to wall street trading about your record on monday will break down where investors are putting their money on the top to bottom out to trade deal and join this team Asian Pacific countries together with the Worlds Largest economy and lucked out, we have a lot to get. So lets just start a historic day for modernity. As preliminary results show its corona virus vaccine is more than 90 percent effective on monday madonnas early data showed 94. 00 efficacy for its acts. Seen data also showed the drug maker gave 15000 participants a placebo shot out of those 90 people got sick. On the other hand, another 15000 participants also received the vaccine or actually received the vaccine. Only 5 people got sick and thats where you get that
Vaccine. Only 5 people got sick and thats where you get that nearly 95 percent efficacy. Those 5 who developed covert 19, none of them had severe symptoms. But then as president , dr. Steven hogan hopes to submit documents for approval in just the coming weeks. We know that you have about 20000000. 00 doses of the vaccine by the end of this year on year. And were looking forward to making about 500000000. 00 to a 1000000000. 00 this next year. But given the rate at which we were in pieces, we do expect will have probably 150. 00 or under 51. 00 cases at the final analysis. We do expect that to be done within a couple of weeks youre in them will prepare those documents and submit them to the head. In the coming weeks, mcgurn, a shares jumped 12 percent in premarket trading. This is a 2nd vaccine in the United States to have a stunningly high success rate. Last week, pfizer announced that early data shows its a back scene is more than 90 percent effective. Meanwhile, the European Medicin
For thanksgiving. Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are little bit on the move. On the one hand, we have a vaccine and encouraging news from the pharmaceutical companies. I am looking forward to catching up with the roche chief executive on the treatment out there. On the other hand, we get infections rising in the latest one from the cdc, saying lees try not to travel for tryksgiving please not to travel for thanksgiving. U. S. Futures are actually down. The dollar edging up somewhat. If you look at, you know, health and industrial shares, they seem to be rallying here in the u. K. , and i want to show you yields on the spanish bond. I think we will have that board shortly, so we will bring you that, but you can see in general, it is a twoway system for what the market is looking at. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann hi, francine. Over in georgi
Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi
A military operation in the Western Sahara. Endangering a nearly 3 decades long cease fire and the changing face of brazils politics. We take a look at how the black lives Matter Movement has impacted its electoral process. But 1st, the u. S. President has spoken publicly for the 1st time since his election loss to joe biden. During his press conference, donald trump updated americans on his response to the coronavirus pandemic. But he also inched closer to acknowledging he may not be leading the countrys next administration. Alan fischer reports now from washington d. C. Incredibly, this is become a rare thing. Public remarks by donald trump, his 1st since the election. And this was about protecting his legacy. But administration has initiated the single greatest mobilization in u. S. History, pioneering developing and manufacturing therapies and vaccines. In record time, there was no talk of the election result. This was an update on the fight against corona virus, the hope provided