The start of the week, a huge. Otation towards value the s p up by 0. 6 . The pound is positive. The departure of dominic ,ummings at 10 downing street going at the end of the year, setting up expeditions that may be a brexit reset and a deal as possible. Interestingly enough, we are seeing a continuing move in what we are seeing in the bond market. Bonds are bid today. He was there moving back down, unsurprising and what we heard from Christine Lagarde yesterday. More broadly, the virus definitely back in charge. The vaccine news at the beginning of the week, the virus news at the end of the week. Alix such a great way of framing that. Lets break down the virus issues more. The global coronavirus case is now topping 52. 9 million, deaths climbing to 1. 3 million. Focus is on europe and how it is addressing the virus. Joining us is Bloomberg Opinion columnist ferdinando juliano. The story in the u. S. Is that you guys are doing targeted lockdowns, and it is working, and the cases are l
The u. S. Election and there is profit taking in parts of the market. Investors, trying to figure out what a biden possible blue sweep and the senate means for markets. The focus is on brexit. Rushing outstories and we go to the fed and jobs tumbling. Oil two other stories we are watching, euro area october are thanring pmi, that expected, 54. 8 instead of 54. 4. Se extra this is pretty lockdowns. Watch down for some of the stocks because there was an input error. Maybe we look at individual countries instead of the stoxx 600 as a whole. Lets get to the first word news in new york in london with leighann gerrans. And thank you. With one day until the u. S. President ial election, democratic nominee joe biden is leading incumbent donald trump in a series of polls. He remains ahead nationally as well as in key battleground states although some of the races remain extremely close. A number of polls put widen and ahead in the key swing state of pennsylvania. The u. K. Is set to enter a loc
Eurodollar still trading around that 1. 16 level. We will get some analysis on that in just a moment. Crude just coming off its lows. The other thing worth mentioning is that we are seeing the curve flattening down a little bit today. Big moves in the 30 year on both sides of the olympic. Alix moments ago of the atlantic. Alix moments ago, Prime Minister Boris Johnson defended his plan for lockdown. Pm johnson we are not going back to the fullscale lockdown of march and april, and there are ways in which these measures are less strict. Alix he also promised a Mass Testing Program to begin in days with rapid tests. Joining us is Bloomberg Government reporter emily ashton. What is going to be the take away over the next four to six weeks . Emily this is the concern of conservative mps. The lawmakers here in parliament. We have this vote wednesday on whether this second lockdown will go ahead. I think we expect that vote to be approved, despite maybe about a dozen of Boris Johnsons own co
12,406a hospitals across the uk compared to 12,406 a week ago. 1219 patients are 110w 12,406 a week ago. 1219 patients are now in mechanical ventilation beds compared to 1142 a week ago. Sadly, another 595 deaths within 28 days of another 595 deaths within 28 days of a positive test work reported yesterday. The seven day average daily number of deaths each day in the uk within 28 days of a positive test by date reported is now 375, up from 295 a week ago. Our thoughts are very much with the families and loved ones of those who have lost their lives. Which is a reminder to us as their lives. Which is a reminder to us as to why we are taking the action we are to stop the spread of this virus and ultimately save lives. Today we are also reminded about the vital importance of fighting this pie was to protect our economy. Whilst the economy grew by 1596 economy. Whilst the economy grew by 15 in the third quarter, it slowed in september and remained 8. 2 below where we were in february. In g
Relatively short one in the sense of it isa relatively short one in the sense of it is a number of weeks. So will see this coming from the modelling and what we will try and do is, in a sense, be prepared to slow down or postpone anything that can be postponed and then deal with the peak that we find ourselves with at the point it arrives. And, you know, asa the point it arrives. And, you know, as a doctor myself this is normal medical practice. To actually adjust what you do clinically to the particular group of problems in front of us. That is what the nhs will do as any group of doctors or nurses will do. Thanks very much. The daily mirror. A couple of questions if i may. I was wondering what specific advice she would have people in care homes because busily they will be elderly and vulnerable and whether that will affect visitors or whether individual should stay within the care homes. Could you give us more detail on the local resilience plans that you have in place in the uk and