You go to safety. Youre going to buy volatility, yields, bonds, and the dollar. 10 year yield now 75 basis quite a move from just a few days ago. Crude battered, beaten up today. Less demand for those oil prices. Guy absolutely. Lets recap where we are and what is going on. The german chancellor Angela Merkel currently meeting with heads of the german states. We are going to hear from her we think when that meeting wraps. We are probably likely to hear from her as well tomorrow morning. We are also getting Emmanuel Macron a little later on. Both countries moving toward more restrict of lockdowns. Lets get the latest. Maria tadeo joins us from brussels. Theres a lot of ideas floating around. None of this will be official until both Emmanuel Macron and Angela Merkel speak. The idea is we are moving into something that looks like a fulltime lockdown in the case of the french government, that we understand is seriously considering a onemonth lockdown that would start thursday night, going
Around the world from hong kong to brussels, berlin, new york, and washington. Our bloombergs voices are on the ground with the top stories. We begin in asia. The death toll from the exceedsrus exudes 2000 in china. Walk me through of what were hearing from the government in terms of supporting the economy. The 75,000to get to new cases of shared of this virus new cases out there this virus. This may have been a lot worse a lot worse. There is a 70yearold man in hong kong who succumbed to his illness at the hospital. He had underlying issues. But lets talk about the cruise ships. We have one in cambodia and we whichhe diamond princess have the most localized cases outside of japan. People are being led off that boat and being evacuated. If you test negative, it can reappear. It can remain dormant. What are we doing here . What is happening . Theyre suggesting a 14 day quarantine when you leave the boat. We were talking about how the Chinese Market was of thirdbiggest Aviation Market in
We are up by around 6 10 of 1 on the stoxx 600. The number of down days that it critical technical level. Maybe the right moment has arrived for a pullback. Single stocks continue to dominate. Logitech, mice are having a good time. Logitech has one of its best periods hitting a 52 week high. Up by 10 . Look at whats happening with u. K. Banks sprayed youve got natwest at a 52week low. We will get lloyds tomorrow. Today we get barclays, disappointment on the trading side and the Net Interest Margin as well. Look at that what has look at what that has done to the stock. U. K. Banks a little bit later. Alix this is a positive earnings story. You have Communication Services, real estate, utilities doing well despite the fact the two year yield is up seven basis points. Part of this is a verizon story, the biggest move intraday since 2020. They updates guidance. Two year yield i wanted to bring up instead of the 10 year. We get issuance coming in so stay tuned for that. Dollaryen if you are
Low. If the spread is a tiny bit steeper in the u. S. David im not sure how to. Lets take a look ahead. We will look at the details from the meeting of the fat and the European Central bank. Janet yellen will be speaking. Philip hammond produces the u. K. Budget statement. Thanksgiving is thursday. The Retail Shopping season kicks off in the United States with black friday. Alix ive got a list of things on amazon im waiting to all the trigger on when the price goes down. The big news over the weekend was the failure of Angela Merkel to put together a coalition and form a new government. Three government democrats walked out last night after failing to overcome differences on immigration and other issues you if you look at the euro, it is lower than rebounded and then rolled over a little bit as we heard more aggressive talk and question marks about who would be the leader. The dax is recovering from a sevenweek low. We are joined by matt miller in berlin it. Miller, tell us about the e
Safety around the world. She said he has good advisors. In israel, the wife of Prime Minister Benjamin Netanyahu is facing indictment on suspicion of misusing public fans funds. She allegedly overspent at private on private meals at their residence. She called the charges absurd. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Abigail live from eric. New york. Quiet but therly dollar at its weakest level in more than two years. Eric the question is what you miss . The hurricane continues its barrel toward florida with millions and the potential path of destruction. Billioncould reach 200 tapping hurricane katrina. Investors have almost 9 billion in funds but hedge funds are asking clients to remain calm. Congress passes a shortterm debt ceiling go that republicans in congress are blaming House Speaker paul ryan for letting democrats get the upper hand. Our top story, authorities are orderi