Stepping down after arguments over strategy, the bank prepares its search for his successor. Morning, under one hour until the start of cash equity trading. Equity markets under pressure. The futures picture shows relief. Ftse futures up 0. 4 . U. S. Futures point to the upside, up 0. 8 . Global stocks up 12 in november, the biggest monthly gain on record. Lets not forget that will me think about the losses yesterday and the rally he will maybe see today. Greens what we see now, a picture and it comes to the asian stock markets. Data from to take asia whether chinese or korean on the factory side. Be taking aems to turn for the better. In china a decade high for chinese manufacturing. Up on thed enthusiasm, and commodities in focus. Oil prices moving to the downside for a third day. No deal yet on opec and opecplus, and their plans for january. That will be a focus on thursday. Lets get a first word news of eight. Laura president elect joe biden has chosen janet yellen as his treasury
They call the process excruciating. Good morning, everyone. Happy friday. We have made it to friday. It has been quite a week. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. The markets are focused on brexit, oil because of opec, and focus on u. S. Stimulus in the u. S. Stocks are holding gains, key data of course out of the u. S. , it is the u. S. Labor market. It is going to give us an indication of whether the economy needs support or not, and Oil Extending Gains after ninemonth high after this opecplus deal. I am looking at the dollar, treasuries pretty much nudging higher. A lot ofve a prett volatility because of brexit do we have a deal, do we not have a deal, have they walked out . It has been pretty unclear so far, talking about lastminute ships come up the british saying it is because of eu demands at the last moment, but it seems like it could be up in the air. Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leig
[grunting loudly] you cant just take dances with smurfs and call it Something Else [grunting loudly] [school bell rings] [groans] dude, what happened . Youre not doing the morning announcements anymore . No, because it turns out that by rule, the student body president cant also be the morning announcement reader oh, well. At least as president , you can run the school the way you want. I cant do jack i went to my First Student Council Meeting all we did was talk about what colors to make the stupid Sadie Hawkins dance Student Council is retarded [chime sounding] the sun is up, and the birds are chirping. Im casey miller, and these are the morning announcements. I have a letter from second Grade Student brian felner. Brian writes, dear casey, why is our School President such a fat, stupid dickhead . My desk is broken, and so far, eric cartman has done nothing about it. Will you please let that walking bowl of anus pus know that we are not happy . Well, brian, i couldnt agree more. Our
Christmas tree. And just like Everything Else in 2020, thissiers tree is doing the best it can. The Rockefeller Christmas tree in new york city is usually lifts our spirits this time of year. But this area well lets just say that by 2020 standards, its pretty perfect. The tree was put into place atop of rockefeller center. Look at all the holes and it just kind of, i dont know, it kind of loosks look a very, like a Charlie Brown tree, like a large version of the Charlie Brown tree. Trevor into, no, no, no. You leave that poor tree alone. You already killed if, now you are going to make fun of its appearance. Who are you people, do you do this at funerals too, damn, uncle mark, you got fat, look at you, you cant even fit in that casket, anyway, rest in peace, were going to miss you. I mean think about it, that tree has been through a pandemic, a race war and a contested election. I think it deserves a round of applause for just staying upright. And by the way, its not like that tree ask
Even though the gains have been so big, up until now it doesnt mean you should bail out and not get in on the game. I do wonder, jon, especially if we dont get a fiscal support package, especially if we do get increased deterioration in the economic data, i do wonder if well see a change in sentiment. Jonathan what if we get more restrictions . California, the governor, mr. Newsome had this to say yesterday. If these trends continue well have to take much more dramatic, arguably drastic action. If hes implying they might have to have a shelter in place order like back in spring or a flavor version of that, how do we get through that if we dont have the fiscal hand down from d. C. . Thats the question going into december and 2021 . Lisa the markets have shrugged this off completely. The deterioration some of the High Frequency data. If you want to look at the v shape recovery check out manufacturing which brings us to what we are looking at today. U. S. Manufacturing data, construction,