What are we doing what, when, and how will it turn out to secure jobs and economic recoveries engine trouble shares in royals royce fall toward the bottom of the European Market as the Aerospace Engineer sees the Credit Rating cut. And the European Commission reportedly strikes a deal with roche to supply covid19 treatments to eu Member States but the swiss drug maker telling us its committed to meeting the needs of patients worldwide. And the stock markets here in europe have been trading for an hour so well well dive into what were witnessing the market has moving slightly positive modest gains here. Not exactly keeping pace with wall street where weve seen gains on the three major indexes but markets have been softer especially on the core markets theres been a lot of german stocks, in particular. Its been slightly disappointing week in terms of pace of acceleration for stocks here as the heat map is telling you, theres fairly evenly split trade between some of the gainers and loser
Reappearing here. I am a new new jersey girl. There has been a new executive order signed by Governor Phil Murphy about wearing masks. At us check on the markets. On the back of some of those concerning headlines regarding deaths in florida and texas because of the covid crisis. The Dow Jones Industrial coming off by one playboy percent. And some risk aversion in europe. Tensions between the u. S. And china. The u. S. Dollar continues to show some strength. Keep an eye on that market and Pay Attention to the dollar and what happens with the hong kong dollar and the chinese yuan. A lot of risk sentiment is being reflected in those assets and it could be a key on how u. S. Markets trade on friday. Concerns about the supply side. Field in libyan production. Sinking below 40 a barrel. Let us get to that exclusive interview. Take it away, david westin. To our Bloomberg Radio and tv audience, worldwide, im david westin and we are joined by the governor of new jersey. Thank you for being back
Dani good morning. This is bloomberg daybreak europe. Im dani burger in london with the stories that set your agenda. Countdown to the u. S. Cpi print. Asian equities mixed after a techled to selloff on wall street. Disney gains after i words after hours as tax cuts and hollywood strikes save the Company Millions of dollars. Gas prices jumped the most since march as lng workers in australia vote to strike. Brent crude traits near an eightmonth high. I will bring you the market check. Were looking at equities that are bouncing back after yesterday. Yesterday was led by tech, the selloff. A little consolidation in front of the cpi, topping necessarily specific. Futures are doing better this morning, up by about 0. 4 . Treasuries not doing too much either, were expecting a 30your auction following the 10year auction yesterday which had solid demand. Yield coming in below 4 . We got siemens earnings. It is a miss pretty much acrosstheboard, weighted down by china decline and wind turbine l