Surveillance, im Francine Lacqua in london. She targeted bloomberg, but she said about this appointment . Have they been for it or have a lot of the focus who know the had punches for pete and for amy. They had questions . Axel first, you can see the markets will be no the banks. Surveillance. But the question is, bloomberg was surging and biden was a joining as now, Ebrahim Rahbari. Reaction of the stock has been on the markets will be in positive. Distressed candidate. I ways think it is very does this shift the narrative, important when there are some polling . The banks. Conventional wisdom tells you changes, the market has the debates do not tend to move stocks down some 0. 2 . First reaction which was in voters opinions, but this one general positive. Clients have questions around was very fractious, very we did have corporate warnings. The process but i have not passionate. Tom what is so important here, what does wiki yen indicate to received feedback that was we are looking at
Based on the risk off the further markets. It is time now for global exchange. We will bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. Where to begin in asia, the coronavirus continues to spread in china, with the number of confirmed cases climbing above 75,000. Engle. Me is Stephen Stephen for the second time in about a week, china has rejigged its methodology for how to classify confirmed cases of the coronavirus in china, that has led to this now becoming a bit of a global crisis. We are seeing more speculation that the data we are getting is we necessarily reliable, or are seeing a significant dropoff in the number of confirmed cases. In hubei province, just 349 new cases reported overnight. Is that because of the new methodology, or do they have the containment efforts under control . That is raising a lot of confusion and questions. Also, it adds to suspicion that officials in china may be prema
Grows inchment drama washington as President Trump goes on the offensive. The u. S. President also says a trade deal with china could get done quote sooner than you think. Authorize u. S. To tariffs. And warnings from some of londons biggest names. Imperial, pearson, and ing cut guidance for the year. Good morning. Matt good morning, anna. Less than half an hour away from the european open. I am looking at treasuries after the big spike we saw yesterday. Backed up above 1. 7. Indeed, we hit 1. 74. Where coming down as investors by bonds. Buy bonds. We are also looking at risk off trade in terms of european futures. Dax,a look at where we see cac and ftse futures trade. Not a lot of movement at all. The arrows are already, but really, not a lot of movement. What are you seeing on gmm . Ic 30 year treasuries also seeing a retreat. Bit of buying in that department. Indian and indonesia does higher. China is down by. 5 , which is interesting. Have forhe picture we the fx markets. We saw a
The u. S. And china announced they will hold trade talks in the coming weeks. To visit washington in october. Asiay markets again across with rallies in europe and the u. S. The yen and gold take a hit. And boris is beaten again. Armament rejects a Boris Johnsons demand for a snap election as a bill to stop no deal brexit gains momentum. The first, tome my knowledge, the first leader of the opposition in the democratic history of our country to refuse the invitation to an election. Matt good morning from berlin to less than a half hour away from the european open. Taking a look at treasuries. They cant make up their mind and you see this when you look at other safe haven assets. For example, the yen of lost a lot of ground and is now coming back. We are quite sure whats going on. Indexes in hong kong are dropping. Verywhere else, we are seeing gains. We are seeing gains. They are all solidly in the green. Up. 8 . Dax futures ftse futures up more than. 5 right now. And anna, there is st
And Boris Johnson. There is a lot going on in the markets we are also getting a little bit of news from italy with the new government being sworn in. Can see the pound is what we are watching out for. Overall, there is a little bit of a risk on mood when it comes to the markets. Back to the Italian Government. The one that we need to watch for is the new finance minister. Were seeing the cabinet sworn in with the same Prime Minister, that is conte. Lets get straight to first word news. China and the u. S. Are holding the next round of trade talks in early october. Thats according to the commerce ministry. They confirmed ministerial level talks in the next week but did not specify when. The two sides are trying to end the trade war but there is still skepticism on both sides that any Real Progress can be made. Hong kongs chief executive carrie lam says withdrawing the extradition bill is only the first step to address the unrest in the city. She also says the decision will be made indep