On bloomberg tv and radio. Typically alongside tom keene and Lisa Abramowicz, im jonathan ferro. Hyde is here this morning. You and i are operating into different time zones. Weve got to work through a brutal here and now on both sides of the landing. The atlantic. Lockdowns are coming to an end on your side of the atlantic, but i wouldnt want to get up early for anyone else. At the moment, i am seeing some Market Action that just speaks to this rotation not having that much longevity this week. Bettern this is much than what tom gives back. Perfect timing. Lets get to the price action this friday morning. We do head towards another week of gains on the s p 500, set to add just a little but of weight to it. Up 0. 25 on the s p. The posture just a little bit more defensive. Small caps underperforming, big tech outperforming. 1. 1920, up about 0. 1 percent. Huge calls coming through on the euro for 22 anyone. Do we have 8 for 2021. Do we have a repeat of what we saw in 2017 . On 15 year
Were going to have to be patient until the hard work of tallying boats is finished. Manus biden on the brink, michigan and wisconsin edging closer to the 270 electoral votes. Trumps campaign sued pennsylvania to stop counting votes. Treasuries are bid on policy uncertainty in the fed is set to focus on the pandemic, while the boe is expected to boost qe. The results may continue to flood in. Majors welcome to the show, and marie. Good to see you. What a difference 24 hours make. My guess in the past two hours have been saying you possibly have the genesis of chaos and hyperbolic language. Why . Because were going to begin to understand what the faceless Electoral College dissenters might do to spoil the road to the white house. Good morning. It is still risk on in these markets, but the question is the validity and veracity of a challenge to joe biden, if he gets the numbers. Annmarie we are still counting those boot those votes in america. Nevada, pennsylvania, georgia, were still wai
Wie the people will not surrender. But president Trumps Campaign demands a recount in wisconsin and files a lawsuit in georgia as he urges the Supreme Court to intervene in the electoral process. And bank of england policymakers lower their forecasts as they go back into lockdown well be speaking to the governor Andrew Bailey here on cnbc right now the u. S. Election remains too close to call with democratic candidate inching closer to victory. This is where things stand right now. Biden leads with 253 Electoral College votes and trump has 214. The tally leaves the former Vice President just short of the 270 votes needed to win. Counting is under way still right now in atlanta through the middle of the night and is set to continue throughout the morning. But lets take a closer look at some of the key battleground states and more detail in arizona, it remains too early to declare results but biden is ahead. And nevada is also too close to call but a win in both would bring him across th
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