Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot going on, because we have Christine Lagarde testifying in parliament. We will bring you anything that comes out of it. The markets focusing on infections rising around the world. They are focusing around the fact that we could see a stimulus. Lets get to the markets. I dont know if we have them. If we do, it could be great, and it would be a good time to look at them. Overall,ok at stocks they are falling along u. S. Futures, tougher restrictions, progress toward a vaccine. We have plenty more of course on that. Astrazeneca at rising amidst positive news on its coronavirus vaccine. We are hearing from Christine Lagarde. We had an exclusive conversation days ago. The focus is on the need for a stimulus. The focus is also on the need for markets to do a little bit more. She said basically the ecb delivered in the first wave. She is talking about the physical packages, on course for a fis
More times cheaper than foreign vaccines based on m r n a technology with similar, similar efficacy rates for russian citizens vaccination with clinic we will be free of charge. Now for comparison sake, pfizer and bio intakes vaccine is expected to cost around 20. 00 per dose. The c. E. O. Of modernity said this week its drug will cost between 25 and 37. 00 per dose. And the astra zeneca vaccine being developed with Oxford University is estimated at around 3. 00 to 4. 00 per dose, all 3 of which will require 2 doses. On tuesday, the 2nd interim analysis of trial data for russian sputnik back b was really showing the vaccine had a 91. 4 percent efficacy in preventing a Coronavirus Infection after 28 days and was more than 95 percent effective after 42 days. Meanwhile, hungarys foreign minister of on monday said the country will be the 1st in europe to begin testing. Sputnik be adults our last weekend windows, i guess because the next one arrived in hungary and arrived together with the
Percolating issues, whether it is trade tensions or brexit, which goes to the heart of the uncertainty in 2021. Francine there is a lot going on, and i guess this is the concern, you have a million angles of things that turn out sour. Bloomberg first word news in new york city with ritika gupta. Senatorone republican dix President Trump will get on board with a bipartisan 908 billion senator bill cassidy told foxnews Senate Majority leader mcconnell will back it, too. Cassidy is a member of the Group Pushing the measure. President trumps lawyer, Rudy Giuliani, has tested positive for the coronavirus. According to reports, he has been hospitalized in washington. Giulianis son says he is getting great care and feeling well. Giuliani has been leading the effort to overturn the results of the election. In china, exports jumped in november by the most since 2018, pushing its trade status to a monthly record high, and thermined underlined how pandemic and global related goods is helping the
Interesting to see the 2021 look forwards. All we have is good conversation and a look at the tea leaves. Lisa is going to talk about jobless claims and all the rest of it, but i want to look at the granularity. Is a pandemic ago stock, and there is the reality which i believe you mentioned yesterday. I cant remember which property you mentioned it on. You know what . Retail is really struggling. Jonathan this is the story. A stock like macys has done pretty well over the past week, but that is the difference between the ketchup trade the catchup trade and a durable trade. I think that is the story for hours. T couple of we got to get through the next couple of months. Tom i mean, it is a comedy. But this is not funny. In south australia, you can now not walk your dog because of pandemic fears. Talk ofes of the macro the Bloomberg New Economy Forum and the realities that lisa has been talking about here day by day. That gets your attention. Jonathan and initial jobless claims will get
Which sought to exclude millions of mail in ballots. In the states, a scathing ruling handed down by the judge says the lawsuit failed to provide evidence of voter fraud. By can i reports from washington . But this very significance because its a ruling by a federal charge and also significant because of the extremely scathing language he used. He likened the trump appeal to a frankenstein monster which had been put together haphazardly. He made very clear that he believed there was no grounds for the trump claim whatsoever. And this makes it very unlikely that it can go on an appeal given that there are no grounds. Nevertheless, trumps lawyers, his personal lawyer, rudy giuliani, who argued the case before the judge says he wants to take it to the next level, the 3rd district and from there to the supreme court. U. S. Health officials are urging people not to travel for the thanksgiving holiday as this week that says the country supports this 12000000 active cases. Meanwhile, the u. S