It is 1 00 p. M. In new york, 6 00 p. M. In london. Im kailey leinz. Welcome to Bloomberg Markets. Here are the top stories we are following. Progress for a vaccine. Clearance requesting for its vaccine in the u. S. And europe today after a new analysis showed it to be highly effective in preventing covid19. We will have the latest. Talksk mentioned, opec have ended today without a deal. The conversation will be picked up tomorrow, but we will explore what it means for the cartel. General motors will not take an initial stake in the electric Vehicle Company nicola, which announced today it will go to one of its electric vehicles, a pickup to be called the badger. Lets get a quick check on the markets. We are on the last trading day of the best month for Global Equities since november, but we look set to end the month of november on a softer note. The s p 500 right now down 0. 6 . It was the fourth consecutive monday of positive vaccine data, but the good news not having the effect it d
Economic crisis. Peru gets its president in the span of a week and al jazeera obtains recordings of one of the worlds most wanted men, trying to negotiate immunity from prosecution. With infections surging worldwide and government struggling to respond. Theres been another dose of hope in the battle against the 19 u. S. Pharmaceutical madonna says interim results from trials show its vaccine looks to be 94. 5 percent effective in preventing the virus. Its a really important milestone in the fight against the penn demick because it demonstrates that our most senior morning to all 73 is able to prevent covert 90 disease including severe disease in people whove received it. Its really just a milestone. We have a lot of work ahead of us knowing the vaccine is going to be effective is great news, but we still need to complete the regulatory process, which involves completing the study, generally more to follow it safe. And then of course, we need to get busy manufacture. Follow drugs, make
Engulfed in political and economic crisis, peru gets its third president in the span of a week. Al jazeera obtains recordings of one of the worlds most wanted men, trying to negotiate immunity from prosecution. With infections surging worldwide and governments struggling to respond, theres been another dose of hope in the battle against covid19. U. S. Pharmaceutical firm moderna says interim results from trials show its vaccine looks to be 94. 5 effective in preventing the virus. Its a really important milestone in the fight against the pandemic, because it demonstrates that our vaccine is able to prevent covid19 disease, including severe disease, and people who received it. Its just a milestone, though. We have a lot of work ahead of us. Knowing the vaccine is going to be effective is great news, but we still need to complete the regulatory process, which involves completing the study, generating more data, even some followup safety data. Then we need to get busy manufacturing. Fellow
Story on the vaccine pause we were talking about with the cfo a little earlier on. We are waiting to see what news we get on the stimulus front as well. Brexit talks look like they are going nowhere. The s p is higher as we await news from apple. Day. Ve amazon prime the pound is lower, down by 0. 6 . The euro is softer as well. And there we go. We are watching the bdp trade the btp trade. This is we continue to see the redenomination trade factor into the btp market. Expectedue to see an further move from the ecb being factored into the btp market. How much further will it go . We will talk about that throughout the program. Alix as you were mentioning, countries across europe are widening curbs to get a grip on the fender mike thats on the pendant. In the on the pandemic. In the u. S. , there is still conversation about the election and pricing in a blue wave. Anwitiet more with dr. Bahuguna, Columbia Management head of multiasset strategy. Bahuguna thank you for having me on the sho
Attractions the push to reopen borders in europe. And the lengths that some commuters here go to communities are going to in mexico to enforce lockdowns in the face of a growing death toll. The leader of the country was to fix it by the coronavirus is going against the advice of his Infectious Diseases expert President Donald Trump says that he wants the u. S. Economy up and running again as soon as possible his message comes a day after a warning from covert 19 Task Force Member Dr Anthony Fauci the rushing to open up could have serious consequences including needless deaths and suffering of serious mike hanna reports from washington. The president met with the governors of colorado and north dakota and urged them to look into reopening schools as soon as possible the country is getting it back and its going to get back as soon as possible and i dont consider a country coming back and the schools are closed its a message at odds with that given by dr Antony Funnell who told a Senate C