The Senate Confirms Amy Coney Barrett to the Supreme Court. It is earnings galore in europe. Ig oil hsbc, santander. We speak to the spanish lenders cfo. Beach onis, it is a the core earningspershare. 44. Market penciled in 1. When it comes to net sales, they are expected to grow to mid single digits. They are talking about core operating income at a low double digit to mid teens so in terms of the earnings per share, its a beat, but on the sales side, it just comes in below thirdquarter sales. In 12. 4 8penciled billion, so certainly a solid delivery. They are upgrading their core operating income guidance as well. Analyst is parsing the numbers at the moment. We will have he will join the team. That is with jonathan. Bank, the banks have come hard and fast. They beach on their estimates. They said the full year will be around 5 billion in terms of profits. That has improved from 3. 66 on the estimate. Net income, 1. 75, up from one billion on the estimate. Jose joins the team. Emergi
Four days of losses is about to become five. Are down 7. 5 over the previous four days. Cross assets, we look like this. A bid into the bond market briefly in treasuries. It did not stick. It was a treasury market selloff. This morning, it is about yen strength. Dollaryen coming down on 0. 3 . Again. Rude is down 0. 9 mark wheret is that you have these massive producing countries like russia and saudi starting to worry. These are very hard prices to deal with when you try to balance your books. It all comes back to demand. Everything is about demand right now. When you have france and germany going into lockdown, that does not bode well. Euroyen is striking me this morning. I feel that for the first time it is acting like a haven. It is her membrane what it is supposed to do. Jonathan a bit of yen strength. Chancellor merkel giving a wakeup call to her fellow eu leaders. They failed to act quickly stop the pandemic. For more, our western europe managing editor joins us. Walk us through
Help battle the pandemic. For bothhe death toll italy and france reaches the highest level since april. Setting a precedent. Joe biden confirms support for the good friday agreement in his first call with Boris Johnson. His transition presses on, despite President Trump contesting the election. Welcome to the show. 6 00 a. M. In london. Breaking news in amsterdam. Ceo remainsing, the cautious on the outlook as we go through those covid numbers. 270 million. We are looking at an outcome of a strategy review. We will get that on november 30. Good morning. Good to see mr. Biden committed to something that i grew up with, the good friday agreement. Annmarie certainly is. We are still waiting for President Donald Trump to accept those results, manus. A slew of legal issues going on in the United States. Breaking m row abv amro breaking. You are excited today about what is going on in china tech. Almost 260 billion of market value over two days in a frantic of a frantic selloff wiped out. Ma
The focus certainly on the u. S. Not only for the infections but of the transition period and what we can expect from the markets. The markets looking at some caution, we heard from Central Banks saying look, the vaccine is not going to be a cureall. If you look at what investors are trying to assess, it is additional stimulus, an economy that has been battered by these coronavirus cases that we have seen going up and up. Treasuries adding to the gains, and if you look at other things we are looking at, you know, the dging higher afterword that Dominic Cummings will leave his role with Boris Johnson at the start of the year. Now lets get to the bloomberg first word news in london with laura wright. Hi, laura. Laura good morning, francine. Powell, ecb president christine lagarde, and Andrew Bailey used a Virtual Conference to highlight the risk. The post pandemic economy will be different in many ways. The 2020 election was the most secure in american history. They say there are is no e
California joins texas reaching one million infections. Picking a statement, President Trump bands investments and firms controlled by chinas military as u. S. Election Officials Say the vote was the most secure in american history. Welcome to the program, happy friday morning. Under one hour until the start of the cash equity trading session in europe. We have a mixed picture in futures. European futures looked negative. Yesterday u. S. And european stocks dropped around concern to the extent we may see new lockdown measures in the United States. We have a futures picture where europe is weaker, wanting to play catchup with latterday losses in the United States. U. S. Futures. 2 the upside. U. S. Futures point two the upside. Nasdaq futures are treated like havens during the coronavirus. Lets look where we are across the broader assets, weakness in china. President trump in the last few months of his presidency, focusing on the things he can still act on. China mobile and telecom fall