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Look at the really disinflationary dampening you are seeing in the bond market. I dont want to make a big deal about it, but yield gives way to lower yield. Im looking at fiveyear, fiveyear breakevens, and there is a little bit of an ebb, an increase in the disinflationary tendency. That claimsort number at 8 30. Francine a really important one, and we have some great interviews coming up from the Bloomberg NewEconomy Forum focusing on health today. A conversation also with bill gates. Lets get to first word news in new york city with ritika gupta. Ritika joe biden warns that the delay in starting the president ial transition could set bet the effort to distribute the coronavirus vaccine. Could setback the effort to disturb the coronavirus fencing. Trump thent Trump Administration is being urged to begin working wit ....
For thanksgiving. Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are little bit on the move. On the one hand, we have a vaccine and encouraging news from the pharmaceutical companies. I am looking forward to catching up with the roche chief executive on the treatment out there. On the other hand, we get infections rising in the latest one from the cdc, saying lees try not to travel for tryksgiving please not to travel for thanksgiving. U. S. Futures are actually down. The dollar edging up somewhat. If you look at, you know, health and industrial shares, they seem to be rallying here in the u. K. , and i want to show you yields on the spanish bond. I think we will have that board shortly, so we will bring you that, but you can see in general, it is a twoway system for what the market is looking at. Now lets get to the bloomberg first word news in london with leighann ger ....
24 hours. Larry kudlow says todays jobless claims figures show a big increase. The bank of england seen throwing holding fire for now. We have the Senate Passed the stimulus bill. That seems to be priced into risk assets. The market very much seeming to shift its focus to no Inflection Point in case the death toll worldwide. Green on the screen on the Msci Asia Pacific index overnight, but i mixed picture below the surface. U. S. And european futures in the red. The 10 year yield slipping seven basis points. In terms of g10 against the dollar, you are seeing the end the best performer. Commodities under pressure. Oil under pressure after a 9 gain over the past three days. Goldman saying even a halt in the price war cannot save oil from a huge glut in terms of their commentary on the oil market. They are saying crude ....
Now out of germany. I have my screen here on the bloomberg terminal. We can see the number coming in a little bit better than expected. The business number at 94. 6, the survey was for 94. 5, and that is better than the 94. 3 that was the prior meeting. The expectations worse than expected, this is where we thought we might see the disappointment. Indeed we got it. We were looking for 92 and we got 91. 3. Course lower. This is better than the estimate of 96. 9. But bottom line is the is atations down at 90. 8 disappointing reading. Lets look at what is going on in markets, a little data check, the stoxx 600 is up 0. 2 . It has been up all morning long. We even have the dax showing gains, 0. 1 . The cac is up as well as the. Tse, 0. 2 we see the individual indexes rising. The euro falling a little bit in dollar terms. Down . 48 a barrel. Crude coming down as we see the u. N. General assembly get ready to hear Donald Trumps speech la ....