time. good morning, everyone and welcome to jean: welcome to bloomberg: surveillance. i m francine lacqua in london. a lot of news to get through, the implications of the phone call with president trump and what that could mean before the senate runoff in georgia tomorrow. the markets, not underestimating what that could mean, but record highs not only across a lot of indices, but looking at bitcoin. gold is advancing. it is clear european stocks are advancing, minors among the biggest gainers. look athave a currencies, and i m also looking at a couple other things, including gold rising after posting the biggest annual advance in decades. we will look at historic values. let s get to the bloomberg first word news. in london is leigh-ann gerrans. opec-plus is warning of risks to the oil market from a resurgent coronavirus. the alliance of producers is meeting today to decide whether it can continue to restore crude supplies without hitting the price recovery. at a late me
u.s. commerce department suspends regulations allowing special treatment to hong kong. boris johnson will channel fdr in a midlands speech, touting a new deal. he is expected to push infrastructure spending and hold off on balancing the books until recovery is certain. 6:00 a.m. int gone london. the narrative i think from two very powerful local points, the health organization, the worst is yet to come and extraordinary uncertainty coming down the pipe . which market is incorrectly priced? u.s. equities or the bond market? you like a little bit of belly in the bond curve, don t you? tell the truth. nejra: i absolutely do. we are seeing ourselves are all the time and ask our guests this. with all the central bank stimulus out there, it s sort of makes sense that you have equities and bonds gaining in tandem. data track did some research and investors absolutely split down the middle on whether we see gains or losses of 10% for the second half. there is a lot of cash sitting
policy, i think there is room .or adjustment mike pence says the u.s. plans to impose tariffs on mexico monday has talks continue. does the trade back and forth give the u.s. jobs report greater significance? crude extends a rally on reports washington may engage more with trade rivals. in st. petersburg, vladimir putin emphasizes the differences of the opec powers ahead of the big meeting with xi. welcome to bloomberg daybreak: europe pickup oil extends a rally after a report washington was considering a delay to tariffs against mexico. vladimir putin has emphasized differences between opec powers as alexander novak met his counterpart. where does oil stand? annmarie hordern is in st. petersburg. what is your answer to that question? annmarie: good morning. i have an incredible panel where i will be talking to alexander novak and a number of executives from total, royal dutch shell, and bp. the two things many want to know coming out of this panel is do we have a date for
manus: good morning and i am live in abu dhabi, we are rolling and we have had conversations from asset management but the lineup continues through out the day. i am speaking exclusively to the carlyle group in just a few minutes. doing deals and getting a check from the region. a president ofom aston martin. how are they doing in aston martin land in the region? that is later this hour. 7:30 a.m., you do not want to miss our conversation. he is in splendid form, the ceo of the texas investment. ixis investment. and we will be speaking to aberdeen sort aberdeen ceo.rs s he knows a thing or two about navigating change. nara, good morning, a cracking day for the team in upper darby. nejra: it is, great to see you. you have been rubbing shoulders cannot wait for those interviews you have coming up. what a whopper of the day for you. globally it is a whopper wednesday. monetary policy watchers and economic watchers and political risk watchers. we have the ecb decision, we have
weak demand out of china. president trump turns of the hate on venezuela, slapping sanctions on the state oil company and the central bank. shery: let s get you a quick check of the markets on the close of the u.s. sessions. broad downside pressure with the dow following 8/10 of 1%. 24 out of the 10 members 30 members in the red. economic slowdown in china. we mentioned caterpillar. not to forget an nvidia. we saw the semiconductors index falling for the first time in three days. the s&p 500 falling the most in about a week. we had concerns over china-u.s. trade tensions. after the market closed, the u.s. bringing fresh criminal charges against huawei. also hitting investor sentiment. the s&p futures down 1/10 of 1%. let s see how we are setting up for the market open in asia. sophie: we are starting tuesday with a host of headwinds. several red flags on the effect of the slowing in china. u.s.-china trades are deep-seated. in sydney, we are seeing little changed. we do hav