Did i do that ok . Francine a minus for that. It is about fisheries, but it is also about brussels. There is one train. There is one train a day that departs london to go to brussels. Looking at the train timetable. He has missed this train. What does that mean . We are really uncertain. People say we could get a deal by sunday. Watch and see. Tom the train to brussels is called maria tadeo on the oriental express. Lets get to dr. Roubini. Here is ritika gupta. Ritika joe biden says he will ask all americans to wear a mask the first 100 days of his administration. Cnn hesidentelect told will issue a Standing Order requiring face coverings in federal buildings and interstate transportation. He says that will leave to a significant drop in coronavirus cases. On capitol hill, the chances are on a stimuluseal package by year end. The basis of negotiation is getting more interest from the republicans. Is spending 908 billion, less than what democrats are calling for, but they say it is a st
They call the process excruciating. Good morning, everyone. Happy friday. We have made it to friday. It has been quite a week. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are focused on brexit, oil because of opec, and focus on u. S. Stimulus in the u. S. Stocks are holding gains, key data of course out of the u. S. , it is the u. S. Labor market. It is going to give us an indication of whether the economy needs support or not, and Oil Extending Gains after ninemonth high after this opecplus deal. I am looking at the dollar, treasuries pretty much nudging higher. A lot ofve a prett volatility because of brexit do we have a deal, do we not have a deal, have they walked out . It has been pretty unclear so far, talking about lastminute ships come up the british saying it is because of eu demands at the last moment, but it seems like it could be up in the air. Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leig
Away. Knife edge. Brexit talks near a compromise on fishing, leaving the level Playing Field the biggest obstacle. Can the side to get a deal through today . Sanctions hit sentiment. Stocks and futures flip as the u. S. Is said to add more chinese officials to a blacklist and the rollout begins. Coronavirus vaccines start in the u. K. Tomorrow. The u. S. May follow suit by the end of the week if the fda gives emergency and approval emergency approval. I have been away for six weeks on paternity leave. It has been fantastic. Not much seems to have changed in terms of markets. We are still in crunch time. We are still looking at covid infections rising to alltime highs. We are still looking at u. S. Stocks rising as well. I guess the vaccines is the hopeful sign. Maybe this week, the good change we have all been waiting for in 2020. On return, everything has changed and yet nothing has changed. Certainly new information. That has been a real game changer. But we are still as you say at c
Fears. Republicans are sounding more optimistic about fresh fiscal support while u. S. Virus cases spiral. Good monday morning. 6 00 a. M. In london, 7 00 a. M. In brussels, where brexit negotiations are taking place over the weekend. Lets see where we trade this monday morning. We did not get a brexit deal. What we do see after the friday rally, the s p 500, the doubt, the russell the dow, the russell, all hitting new highs. The u. S. Plans to add sanctions on about a dozen chinese officials. The msci down about 0. 2 this morning. Many futures are down 0. 3 . 10year yield on friday inching closer to 1 , a level we havent seen since march, steepening on the t the largest steepening since 2017. This is on fresh stimulus talks. The pound, we saw some softness. The pound is the barometer for brexit, and brexit negotiations resumed in brussels yesterday. Signs one of the biggest obstacles to a trade deal is close to being resolved. U. K. And eu are hoping to finalize the deal, but another
Vaccines. Virus deaths hit a record in the u. S. And in italy. And finding a compromise, opec agrees to slowly add more oil year after days of tense talks. Saudi arabias Energy Minister called the process of excruciating. Welcome to the program, everybody. Welcome to the European Market open. It has just gone 7 00 here in london. German factory orders rising 2. 9 month on month. The estimate was for an increase of 1. 5 . That was better than anticipated. Factory orders arising year on year, 1. 8 . The estimate was 0. 2. We have seen a continuation of growth coming through. We will see what momentum is like in the further winter months. Another story out of germany, potentially more interesting, perhaps. Germany has agreed to extend a to preventr bankruptcies as the economy is hit by the second wave of the pandemic. Germany is extending its 37 billiondollar backstop for Credit Insurance by another six months in the month of june. The industry will surrender 60 of remittance to the gover