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Call for urgent action. President trump enters the conversation, indicating he may now support a wider stimulus bill. Debates joe biden refuses to push back his next meeting with the president. The white house rules out a virtual clash due to covid19. We have an update from President Trumps physician, dr. Sean conley, about the president s covid19 treatment, saying that the president has been responding extremely well, that his exam has remained stable while at home. President trump has completed the course of therapy for covid, saying the president can return safely to Public Engagements on saturday. The president was just released from hospital on monday evening and his health had risen controversy given the white house was saying the timing of President Trumps last negative test was regarded as private. We are fi ....
Shares are down. We will say it so many times in the next three days. Building. Pation as we said earlier, every single economist we have surveyed here at bloomberg, a forecasting some t of stimulus to forecasting some sort of the newest. It all comes down to the stimulus. Whether whatnd they do will sit well with investors. On your own home turf, the pound dropping below 1. 50 for the First Time Since april. What is behind that . More a case of who is time that. The Monetary Policy committee. He spoke to the sunday times and said he is relaxed about keeping Interest Rates at a record low. Just the thing below earlier. Just dipping below earlier. The pace of tightening will be limited. We will hear from our guest in just a second. Betty more from her forecast and just a little bit. Checking in with our first alert new ....
Good morning, everybody. You are watching the pulse. We are live from Bloomberg European headquarters in london. Also coming up is one of the deadliest jobs. Why crab fishermen risk injury and death. First we will begin our top story today. That is barclays. The bank announced a strategy revamp. I asked the ceo Antony Jenkins in the last hour if the bank can still compete on a global stage. We absolutely believe that we will be competitive as we are today. In the market, with the clients we choose to serve. Thatready have positions we are going to retain in the u. S. And u. K. And that is where our focus is going to be. We are confident we can continue to compete. We created barclays noncore, a set of assets we believe are no longer strategic for the group. We are confident that we can reduce those assets over time from about one hundred 15 billion pounds of risk weighted ....
The french bank with the ecb. He came out and said europe is not in japan. Just a start if he could be. Issue with the euro trading at 138, the goods are not cheap enough to the rest of the world. A backstory. What else do we have . A lot of data today. Retail sales. Business inventory comes out at 10 00. Earnings, citigroup. Talking a lot about financials. Prize winners will be announced at Columbia University at 3 00. I am in need of a good book. Booke most talked about for the imf capital in the 21st century. A both book. Every year there is one. Check. Data stocks, bonds, currencies and commodities. We continue friday sluggishness. Futures negative for. Flight to quality. Euro weekends as does the russian ruble. Nymex crude still elevated. The second board is fx oriented. The vix over 17. Yet in but still 101. 70. The ruble near 36 a big deal. Here it is back 20 years. They tried to be stable. Weaker, weaker. Move matters ....
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