The formal application caps a period of speculation that this would be occurring. We are seeing pfizer in premarket rise nearly 2 , biontech down. 3 . Interesting to see how this is confirming what a lot of people have expected, but adding to the risk on feel that we are seeing in markets today. The sense we are going to move past this period that has been incredibly painful economically, as well as socially. Francine lets get the details from fan from sam fazeli from bloomberg intelligence. The news is out. How quickly can some of these clearances be given . Sam good morning, francine. Fdahe u. S. We have the meeting coming up on december 10. It is possible they move on that pretty quickly the next day or the day after. And then in europe, this is the combination of a process that started off sometime in early october where the companies have been filing their manufacturing , and there is no new data in the press release. So it is possible that we should get a European Response by bef
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,
The British Government told businesses today to be ready for big changes when the u. K. Makes its final break from the eu in one month. Opec and its allies need more time to reach a deal on Oil Production policy. A meeting today broke down today without any agreement. Again ministers will try thursday to allow more time to figure out whether to delay a planned increase in output starting in january. Supporters say the market is too fragile to absorb more oil. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Treasury secretary Steve Mnuchin and jay powell testifying earlier before congress on the cares act. Itsla says the fed will use tools until
Also the news Foreign Ministers from armenia and azerbaijan meet separately with the u. S. Secretary of state but there is still more fighting in the going to cut about. And polands top court issues a ruling on abortion that makes the procedure illegal in nearly all cases. And im sad how must not have all this all it. Was has a disastrous start to the zozo championship the 15 time major winner and so round one near the bottom of the leaderboard. Well its been pretty praised as historic but has been received by many with caution libyas warring sides of agreed to what the United Nations is calling a permanent ceasefire it was signed in geneva after nearly a decade of conflict triggered by the downfall of libyas longtime leader Moammar Gadhafi today its a good day for the libyan people. At 11 15 am this morning here in the u. N. Headquarters in geneva the 2 libyan delegations to the 5 plus 5 joint military commission talks signed a complete countrywide and permanent cease fire agreement w
Modern tonight kobs phil casaus and Chris Ramirez and tessa mentus group for those of you watching on kob 4 tv the santa fe new new mexico. Com k. Or wgn las cruces or if youre listening from her network of Radio Partners across the not welcome. O we welcome editorinchief of the Santa Fe New Mexican for tonights modern team and we are delighted to haveo a candidate who will appear on your ballot running for the open u. S. Senate seat joining us tonight. Tonight the candidates are appearing from three locations. Mark ronchetti is with us in her studio and bob walsh is at his home in santa fe. Because of covid19 risk we gave candidates the option to appear from wherever they feel the safest. Smithers at crew from kob what thieves remote candidate to enforce rules and provide the Live Technology to broadcast out of their locations and the timekeeper has been provided to mr. Ronchetti her studio. Candidates will have one minute broque putting remarks or they will then have 90 seconds to an