Everyone here is really waiting with baited breath on who the president of the United States is. We understand through the counting that joe biden could win it. It is razor thin, but we dont know for certain. The markets dont expect some kind of surprise, which is why they are stable and up. The other story is the bank of england, talking possibly about negative rates. Although, not for now. Guy johnson in the conversation with the governor talking about the Downside Risk. I think we have learned earlier this year with thoughts of covid, that we act both andkly and we do at clearly scale. We have a very substantial genocide risk on the forecast, and a lot of that relates to how covid itself will evolve. The bank ofernor of england. Extensive comments on this. Really important interview, mr. Johnson, with Nestor Bailey on the bank of england. I should note, sterling rallies nicely. Some of the headlines this morning are pretty shocking. Let me do a data check. Jonathan ferro just emaile
Plenty of things to be thinking about. The election dominating the narrative. Alix polls are just opening in alaska. In the lower 48 states, voters have been filing into bowling into Bowling Centers across the United States. Joining us into pulling Centers Across the United States. Joining usis bloombergs nick wadhams joining us is bloombergs nick wadhams. We saw a record early turnout of about 100 million voters, i reflation that a lot of democrats in particular were worried about the coronavirus and possible exposure, and want to get their votes in early. Republicans tend in this election to vote much more on election day. The big number we are looking at is 9 00 p. M. That is when we expect to know what is happening in florida. Once we know florida, people have a very good sense of what this race is going to look like. If joe biden wins florida, President Trump has very few paths to get to the white house. If it is a nailbiter, that could give us a sense of the shape of things to co
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
Francine one week to go, biden picks up his campaign pace as the senate hands the Supreme Court judge confirmation to trump and republicans. Syphilis Nancy Pelosi Nancy pelosi and Steve Mnuchin failed to make a deal. And chief executive noah quinn cast credit losses. Paybank aims to conservative diffidence. Welcome to bloomberg surveillance. Tom keene in new york, im french on the quad and london. That Francine Lacqua and london. We have hsbc, we talk about dividends. Bp saying it will be a very volatile couple of quarters ahead. Tom the pandemic overlay was still ahead. That was the theme yesterday, far more than the election, it was certainly the talk of new york. Every conversation was about a reinventing of the pandemic. Thee going to try to put nearlyhrough today, not as much damage as you would we are witht here futures up six. Francine and what is also significant is a lot of european countries, there seems to be a backlash against governments that are trying to put too many res
Way. What sent the cryptocurrency sit to its highest level in nearly three years. We start tonight with the story thats front and center for investors, and all of americas right now. Thats the vote counting under way in five key battleground states plus alaska eamon javers has more on where things stand at this hour. We havent really moved all day today, as all the vote counters around the country are doing their jobs biden 253, trump 214 in the race to 270 joe biden has more paths to 270 now than donald trump does, but its not over for either man lets start with arizona you can see where we stand in that state theyve been giving us new data throughout the day that is 11 electoral votes available there. Nevada was giving us data throughout the day still too close to call with 89 of the vote in in nevada georgia, another state where were seeing an interesting move by the biden camp, making a run at a historically very, very red state. 49. 5 for trump, 49. 3 for biden a difference there,