Strengthening as asiapacific nations signed the Worlds Largest regional freetrade deal. President trump plains fresh hardline moves against china. M a at the double. Pnc financial agrees to buy a usa unit for 11. 6 billion and creating a european giant. Very good morning to you. Market,to bloomberg the european open go lets get the european open. Revenues coming in at 21. 4 3 billion euros, just a touch ahead in line with the estimate, reaffirming their cash flow guidance for the full year 2021, something perhaps to have that kind of visibility at this point. They say they are on track to ipo. This has been a talking point, what kind of money were they going to raise . There has been talk of perhaps a 4 billion euro ipo coming next year. , it hasthe same unit been valued by some at 20 billion euros. That would make it the largest listing in europe in more than three years. We will be keeping an eye on that. Vodafone said they are on track with that plan. Marketst to the broader and loo
And local mayors criticize Boris Johnsons traffic light system for his chief medical officer says the plan does not go far enough. Down on itses streaming business, taking the fight to netflix. We bring you our interview with three weeks,ithin we will have a new u. S. Election. President trump returns to the campaign trail to fight that fight in florida. I am trump now they say immune. I feel so powerful. In there and kiss everyone in that audience. Guys and thehe beautiful women and everybody. I will give you a big, fat kiss. Matt we are just under an hour away from the start of cash weity trading in europe and are getting german Economic Data here. You take a look at your , you can see the cpian september harmonized wasnt dropped. We are not getting the inflation that the ecb wants to see here. You can see the futures picture is a little bit mixed. You do see euro stoxx 50 futures down. We see gains on ftse futures of , gains on dax futures are just fractional. But most European Equi
Treasury market. European stocks are down by 1 . U. S. Stocks are up i. 2 . I also want to bear in mind what is happening with the chinese currency. This is important. 6. 6 four, below key levels. The dollar continues to weekend. The dollar is important, the euro is important, but the chinese currency is potentially very important. Jump inaly reporting a new daily virus cases to over 15,000. The other part of the story, we are talking about trade talks, the u. K. And the eu are ready to sit down immediately with the goal of finding a deal by midnovember after positive contacts between the two sides. Our bloomberg is european politics reporter. Ian, a great way to talk about itting the deal, getting done, was that Boris Johnson was getting his way and getting it done. Ian in the past five minutes, the chief negotiators have gotten off the phone after about an hour long discussion. We have not heard officially what they have agreed to do, but as you were saying, we have reported in the l
Welcome to bloomberg surveillance. Theres plenty going on in the markets, not withholding everything going on with the Supreme Court, and we are just about 46 or 45 days away from that important u. S. Election. The picture on the market is not great for banks. You can see actually banks were down from 4. 1 . If you look at some of the things we should be watching out for, european stocks are dropping for a third day. Rising virus cases will lead to tougher travel restrictions. Lets get to first word news here in london. Leanne concerns are mounting the u. K. May need a second lockdown to stop the spread of coronavirus. Prime minister Boris Johnson is set to be told today that the nation is at a critical point in the pandemic. There are expectations that local restrictions could be extended into london. President trump is celebrating the tiktok deal, despite it falling short on some of his key demands. The apps chinese owners will still have an 80 stake in the the u. S. Source new jobs.
Donald trump says voters cannot trust joe biden to navigate the coronavirus or heal racial divisions. Some like it hot. Treasury yields jump as jay powell says the fed will move to a more relaxed approach on nation. Global stocks had for a fifth week of gains. The s p closes at an alltime high. With emergencyt clearance in the united states. The Trump Administration is said to be buying 50 million worth. Good morning from the city of london. Tokets waking up in asia what powell did yesterday. This average of inflation, although economists are skeptical on how they will achieve it. We heard from donald trump, he has accepted the nomination and he wants to cut taxes and increased job growth. Let us look at how the price action is friday morning. 10year treasury yield taking ticking higher. We see a steepening of the curve, the widest in two months. Msci asia pacific continuing its rally. Bloomberg dollar index under crude, we of brent course have been tracking. Urricane laura crude facil