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Transcripts For BLOOMBERG Bloomberg Markets European Open 20240711

Away. Knife edge. Brexit talks near a compromise on fishing, leaving the level Playing Field the biggest obstacle. Can the side to get a deal through today . Sanctions hit sentiment. Stocks and futures flip as the u. S. Is said to add more chinese officials to a blacklist and the rollout begins. Coronavirus vaccines start in the u. K. Tomorrow. The u. S. May follow suit by the end of the week if the fda gives emergency and approval emergency approval. I have been away for six weeks on paternity leave. It has been fantastic. Not much seems to have changed in terms of markets. We are still in crunch time. We are still looking at covid infections rising to alltime highs. We are still looking at u. S. Stocks rising as well. I guess the vaccines is the hopeful sign. Maybe this week, the good change we have all been waiting for in 2020. On return, everything has changed and yet nothing has changed. Certainly new information. That has been a real game changer. But we are still as you say at c

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240711

The 1. 20 mark. We will talk about that in just a moment. We are basically flat. Brent crude, which has soared during the month as well, what and what is happening very ,arefully with that opec story trading 47. 68. In terms of the german bund market today, we are seeing a little bit of movement, but not much. That kind of captures the story of the last month, doesnt it . Not Much Movement in the bond market, lots of movement elsewhere in risk assets. This kind of sums it up, the one month of the stoxx 600. For some markets, many markets here in europe, smaller markets were up by over 20 . Alix back to the main news with the vaccine because it is monday, so we obviously have vaccine news. Moderna is requesting clearance for its vaccine in the u. S. And europe today after analysis showed it was 94 point 1 effective in preventing covid19. Moderna Ceo Stephane Bancel will be speaking to us later. He earlier said that we have millions of doses ready. We will have more and more every couple

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Intense in various parts certainly whales, if you are talking about the u. K. And scotland, certainly the north of england. What we are going to be looking for todays further details, various tiers of lockdown from the chancellor. Tom so if i ferry across the it is a london centered london trying to make rules for the north. Has opened, and this up decadesold tensions between the north and the south very clearly. There were clearly tensions on t front opened up by the places that have been very much marginally slightly devolves come if you would like. A new mayor has been appointed, and now this is a test of these guys. Tom there was a discussion devolving me at the house last night. With first word news, here is ritika gupta. Ritika the second and final president ial debate is tonight in nashville, one of the final highprofile chances for President Trump to change the narrative of the campaign. Polls show him losing to joe biden. Debate rules have changed. The candidates microphones w

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Welcome to bloomberg surveillance. Happy monday. I am Francine Lacqua here in london. Toin, a very busy week, on the u. S. Election and about 16 days. Looking at futures, the hope is that we will get stimulus, and i am looking at treasuries. The pound already up after reports that officials were prepared to water down controversial brexit legislation and a move that could revive failing talks with the European Union. Also, the yuan seann gains. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Nancy pelosi says a preelection is possible, but she has set a tuesday deadline for making more headway with the white house. President trump is confident he can persuade the republicans to back a good deal, renewing his offer to go beyond the dollar amount that is now on the table. Now china has passed a new law to restrict sensitive exports to protect national security. It provides a framework for beijing to fight back

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Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

Plus, so that is a little bit of a lift that is maybe not identified within the euronext. Go, Kevin Cirilli could not sleep this weekend. This is exciting. Ranting cap it is exciting. I have been excited for the last two weeks before this because it is the polls, it is the final stretch. How much campaigning are joe biden and donald trump doing in the next two weeks . Tom it is going to be huge. These guys are in the final stretch. Money is an issue. We will talk a lot about that. Martin schenker joining us in the next hour. What is exciting about this is it gets back to basics. President trump is out there in nevada this weekend. He is in arizona today. Francine there are very few undecided voters from what i understand, and several people have already gotten out the vote. 52 of those are women. Lets get to first word news with ritika gupta. Ritika good morning. In china, economic recovery from the pandemic continued in the third quarter. Ago,ose 4. 9 from a year less than expected bu

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