Here in u. K. , there was a general election. We are in a blackout period until the polls close at 10 00 p. M. Pound at 1. 3020. 2 . Toxx europe 600 gained day two of trading. It is above 2 trillion in terms of valuation. Plus oil supply cuts will not prevent a surplus in 2020. That is according to the ia. We speak to the president of the Swiss National bank. That interview, 10 30 a. M. U. K. Time. Lets get to bloomberg first word news. Today, the u. K. Goes to the polls. It is the nations first election in over a decade and the first since the brexit vote. It is the first december vote in nearly a century. Polls close it 10 00 p. M. U. K. Time. The House Judiciary Committee is set to conclude a debate on articles of impeachment against trump. The likely result is a partyline vote that will send the measure to the floor of the house. The democratic majority is expected to beat back a number of republican amendments. Israel is headed for its third election in less than a year. The parli
forfutures looking to hedge what would be a third consecutive day of record highs, so that worst case scenario for the coronavirus seems to be the narrative. futures lower, at not put a lot of pressure on the 10 year yield. currencies, we saw them gaining for a third straight day, led by the thai russian ruble. taking a look at euro-dollar on the bottom of your screen, $1.0911. yesterday we broke below $1.09 for the first time. lots of concerns about global growth, particularly with regards to some of that manufacturing data we got. brent crude a little bit of a rebound. should be getting updates from opec shortly with regard to their outlook for the oil market. time now for the global exchange, where we bring you today s market moving news from around the world. go from hong kong to london, new york, and to manchester, new hampshire. our bloomberg voices are on the ground with this morning s stories. we go to asia first, where the number of deaths from the coronavirus outbre
Also in the next hour, prince harry takes on a new role as a journalist interviewing the former us president barack obama. If you start using pauses, youll probably get the face. The interview was recorded as part of the today programmes guest editor series to be broadcast later this year. In half an hour, Rupert Wingfield hayes assesses the stand off between the Trump Administration and north Koreas Kim Jong un that seems to be reaching crisis point. Six people have died, and a seventh is in a Critical Condition, after a car crash in central birmingham. Six vehicles were involved in the collision, which happened just after one oclock in the morning, at an entrance to an underpass just south of the city centre. Four others needed hospital treatment. Police described the scene as very difficult and upsetting. Tom burridge reports. Horrific and upsetting is how the Emergency Services described the scene. This black taxi flipped onto its side. The driver and a couple on board all died. Ne
First breaking news on how the tax plan will impact you ylan mui is live on capitol hill. Reporter treasury secretary Steven Mnuchin spoke moments ago about the administrations first step in turning the tax law into reality. Treasury department and the irs have just issued new guidance it to employers, telling them how much money to withhold from their paycheck under the new tax law. The irs will be releasing a new withholding calculator that will be vail on irs. Gov by the end of february. This will help provide individuals with certainty, so that they are neither overwithheld or underwithheld and can plan financial decisions. Reporter democrats have criticized the rollout of this process, saying that many people could actually end up paying too little in taxes. Secretary mnuchin said that claim is ridiculous, and that this process has not been politicized. Now, the white house is celebrating todays guidance as a win that will put more money in it workers paychecks but the same time t
A FLAG created as part of a national Covid remembrance project is flying on top of Lerwick Town Hall. The flag has been created by local artist Helen Robertson.