Policy. Lets get to the bloomberg first word news. Morning. Steven mnuchin says the economy urgently needs more stimulus to rebound from the coronavirus. He says he initiated talks with nancy pelosi try to negotiate. Going again. Ations republicans have been putting together a narrow relief package. He says he wants a much larger deal. President trump has condemned what he calls antipolice rhetoric while meeting with police in kenosha, wisconsin. He toward damage caused by demonstrations after a man was shot in the back during an attempted arrest. Two demonstrators in kenosha were killed in the protests. A warning from the pentagon. China is closer to joining the u. S. And russia as the only nations capable of deploying Nuclear Weapons on land, in the air, and at sea. China has been upgrading its strategic bombers to carry a nuclear payload. Has announced his has enoughto suga votes to win. Global news, 24 hours a day onair and on quick take, powered by more than 2,700 journalists and
Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The markets are really focused today in the u. S. , that second wave, we were debating on whether we could call it a second wave. Big resurgence of cases. Alsos are down, futures down. Rates, but also because jay powell talking about the economic a coverage. Rebounding from the losses we saw yesterday. Gold actually holding after most of yesterdays gains. Now lets get to the bloomberg first word news in london with dani burger. Hi, dani. Ani hi francine. ,californias hospitalizations are the highest in nearly a month. According to Johns Hopkins university, the number of confirmed cases have top 2 million. The government made a string of failures and is handling of the coronavirus crisis. Executivemedical spoke about the decisions at the coronavirus briefing. It put Boris Johnson standing next to him on the defensive. Johnsons that is still too early to judge the nations response. Just eat take
Will not. He made maybe that will happen, maybe it will not. ,s you rightly mentioned francine, today the pandemic is again front and center. It is without question a different thursday than it was a week ago thursday, even two weeks ago. Once again the pandemic worldwide, and in selected states in america, really is front and center. Francine it certainly is, and that will be the main themes running through our program. Thats get to first word news with ritika gupta. Ritika good morning. A second wave of coronavirus cases is in the u. S. Texas reported its highest oneday total since the pandemic emerged, and a month into reported, florida 85 new cases, the most in a sevenday period. Still, surges cannot be linked to reopening. A powerful message from Federal Reserve chairman Jerome Powell, saying the central bank will keep pumping stimulus into the economy until the labor market is healed from the coronavirus pandemic. The fed is not even thinking about raising Interest Rates. Policym
Remarkable 24 hours. The sirens are still more than evident on this island of manhattan and with that said there is quiet across the nation today, its just a benchmark of the deaths in the covid virus reported in america are now greater than the deaths of americans from the vietnam war. That is a real touchstone in america. Looking at figures for london, the number of deaths now bigger than what we had one thing i was reading about in the u. S. Was number of deaths and care homes. States retro rampup testing to make sure the elderly are safe. News go to the bloomberg in new york city. We begin with u. S. Federal reserve policymakers to keep the benchmark rate near zero. Focus on thelikely next step it can take to rescue the economy once the lockdown ends. The decision at 2 00 p. M. New york time. Area that might need support, mortgage servicers. A couple of grim milestones of the u. S. The number of infections topping one million. That is a number and then number of deaths passing more
Routes in the u. K. Is incredibly difficult. As a result of which, to be in a for Francine Lacqua this morning. Lets have a look at the markets honest, this is something that then. Was probably always going to happen. Tom as an american, i would the stoxx 600 is down by. 2 . Suggest that may be possibly we opened in positive territory because the Railroad System is lifted with talk to come. So darned better than ours. Flybe we will talk much more about that today. That puts the virus front and sentiment from center. Its get to first word news with the trading day. Viviana hurtado. Countries are ongoing headlines are weighing on things at u. S. Futures are pointing negative. Tightening travel restrictions to contain coronavirus. There are reports japan will quarantine all people arriving this is the picture on oil markets. From china and south korea. Focusedthe brent price, australia has also added south korea to its band list. On the opec plus meeting in declaring a state of vienna. I