The and pennsylvania. No sign of qe for the boe. Officials boost stimulus to prevent a doubledip recession. Good morning, everyone. Welcome to bloomberg surveillance, but welcome to our Election Special. Votes are being counted. I am Francine Lacqua in london. Tom keene is a new york. Tom, we look at the senate, the legal challenges. I know you and i have not slept much in the last 24 hours as we were roaring through the votes, trying to figure out exactly how throughident poring the votes, trying to figure out exactly how the president can mount a challenge. The other big news is the bank of england, because they did more than the markets were expecting, but remember this is in the middle of a brexit negotiation. Lockdown in london starts today actually, the u. K. As a whole starts today. If you look at futures in the u. S. , european stocks, they are tom, twocompared, yesterday. Liking what they see at the moment, but whatever the outcome of the u. S. Election was, it was pretty much
Future signals against are set to continue. Commerce bank swings to a loss in the Third Quarter as the pandemic and restructuring charge hits revenues. We speak with the cfo shortly. Good morning. Plenty to talk about on the u. S. Election front. Breaking news on the bank of england. Maintaining its benchmark Interest Rate at 0. 1 , entirely expected. The bank of england saying that was the news amount around maintaining its Interest Rate. They are raising the total bond target. Unanimousf englands on this Interest Rate and bond purchasing story. We will speak to the governor of the bank of england at 11 00 this morning london time. Stay tuned for that interview. Pound toor a in the this announcement. A pairing of losses coming through. Get some analysis. Dani burger is outside the bank of them went for us. There had been an expectation that as lockdown measures are extended, implemented in england, even if it is less strict than march, we would see more coming through from the bank of
Will stick around pennsylvania for a while. He has a condo there. He is staying there. In harrisburg, pennsylvania on that. Here is where we stand. Get updates from the states. Get better idea where theyre coming from with the numbers getting closer and closer. We could get a final number on nevada. Nevada is increasingly becoming important state with six electoral votes, if you buy the math where we are right now for joe biden that would do it for him. I say that would do it for him pending all the protests and legal challenges. Lets go first i believe to griff jenkins, guys, first . Griff at wilmington, delaware with how the former Vice President is acting to all the fast moving developments. Griff. Reporter good afternoon to you, former Vice President biden standing by waiting as we are updated numbers out of the state of nevada as president Trumps Campaign takes the legal fight to the silver state. Just minutes ago ric grenell, the former director of National Intelligence and long
Question time. Each week the house of commons is in session we bring you Prime Minister Boris Johnson with questions from the house of commons. We invite your participation via twitter using hashtag pmqs. Prior to questions i members are finishing other business. Now live to the floor of the british house of commons. Is it necessary for this government from the businesses in Northern Ireland . What a pleasure it is to see the right honorable gentleman, and welcome him back. In the last 3 months we published operational guidance, announced 200 million support fees to support traders in Northern Ireland to meet the requirements, 150 million of investments to operate the requirement it made progress to operate it but recognize the need to do that through Business Engagement and our work on the joint committee. We now come to questions for the Prime Minister. And we start with andrew jones. The whole house is talking about the result of the heavily contested election. It is a year ago to t
We are up for it faangs really driving that. We are up 4 . Usually a useful indicator in terms of risk sentiment. A clean kind of number actually providing one message from the market, confusion. The german tenyear guilt, we do have a bid on bunds, but the move particularly at the 30 end of the u. S. Curve really quite stark today, a big flattening of the curve. Alix it all depends on where we are in the u. S. Election. Nick wadhams of bloomberg joins us now. Where are we . Wheres michigan . Wheres wisconsin . Where is pennsylvania . Nick joe biden leads in wisconsin and michigan, and it looks like those numbers will hold. Wisconsin aspects to make a call later today, although the margin is so narrow that there will likely be a recount. President trump leads in pennsylvania, but both sides say they are confident that they will win that state. Essentially we are doing right now is playing a waiting game. There are states like nevada, pennsylvania, georgia where it is still going to take