New york orders fresh measures to stem the spread. Cases in texas exceed one million. Risks. Ing the Christine Lagarde says all options are on the table to fight the crisis. She will be joined by the boe governor and fed chair. It is the ecb for. Warm welcome to the show. We are waiting for numbers to cross the tape. It is europes single biggest engineering company. I think youve got a little bit of merck. How are the merck numbers looking . Good morning. Annmarie pretty strong. Third quarter net sales coming in ahead of estimates at 4. 45. The estimate was 4. 3 8 billion. Net sales higher. That was a beat on merck. We will speak to the cfo. , inthing to look out for august, he thought it would be another 15 months to a vaccine. Im wondering if that timetable has changed, given the pfizer and biotech news. Biggestt is the Single Company in the world. They did better than some of the others in terms of their stoicism through this. Profit rises into 2021. Thats the key take away from thi
These are your top headlines from the bloomberg terminal. , nancyg the deadline pelosi sets a tuesday time limit for more progress on u. S. Fiscal stimulus if the president wants a deal before the election. Backing down, a bloomberg exclusive says the u. K. Good rewrite its lawbreaking brexit bill, a move that may revive talks with the eu. Sterling gains on that. Plus, restrictions tighten as virus cases surge around europe. Italy is the latest government to add lockdown measures, prioritizing its struggling economic situation. Under one hour away from the start of cash equity trade in europe. Lets take a look at the futures this morning. If you pull up the European Equity Index Futures you will see a pretty mixed trade. You have ftse futures trading a little lower, now bouncing off up about a quarter of 1 . Ftse futures are a little changed right now. Take a look at the u. S. Futures picture. You have more green arrows there. Dow jones and s p many contracts up 7 10 of 1 . Nasdaq 100
When we reopen, that is the time to stimulate. How do you see the policy effort changing in the months to come, adapting, larry . Larry i am not here to negotiate, but i will simply say this. Had a set ofmp has policies that worked very well before this pandemic. The first three years plus. Indeed, in january and february the economy was growing at 3 or better. I think that he wants to extend a lot of the ideas. He wants to be a Free Enterprise economy. He wants to reward people for their success and their initiative and their efforts. He has talked about from time to time, talked and tweeted about payroll tax holidays, he has talked about Capital Gains taxes. He has talked about tourism, restaurants, traveling deductions that might work. We have talked about capital and business expensing. There have been covid related adjustments, whether you are a large factory in detroit or a small town in the heartland a restaurant in the small town in the heartland. All of that, every nickel of t
At 2. 06 on the 10 year yield, but more and more voices calling for more easing or less strengthen the economy, saidding rich clarida, who he would have cut this time around, and kashkari saying a 50 point basis cut is what he was looking for this time around. On earlier,dan fuss talking about 150 sometime this summer or early fall. The chorus is getting louder. Gold is off its highs. It did cross 1400, back at 1391 now. Crude continued backandforth on iran and other actors. Now,10 of 1 gain right 57. 53 on wti. Guy you run through some of those big said names. It is the story right now, trying to figure out exactly what the fed is going to do next , and a cut by how much. The fed vice chair Richard Clarida speaking earlier to bloombergs tom keene, telling him in an excuse of interview that the argument for cutting rates is getting stronger. Clarida there was broad agreement around the table that the case for providing more accommodation has increased since our may meeting. Clearly, we
To revise this dark chapter in german history. And it is official striker pierreemerick aubameyang makes his longawaited transfer to arsenal for a fee of 64 million euros. Plus, look up into the sky. Lucky stargazers around the world are enjoying a rare spectacle tonight. For the first time in decades, a blue moon, a blood moon, and a supermoon are coming togetherdug an incredible celeste deal show. We will show you. Celeste deal incredible celestial show. Well show you. Im brent goff. It is good to have you with as u. S. President donald trump has called on the country to unite behind him to create what he calls a new american moment. During his first state of the Union Address, trump asked lawmakers to support his plans on upgrading aging infrastructure, and to overcome the deadlock on immigration reform. Here is more. [applause] reporter republicans were thrilled to greet their leader ahead of the highly anticipated speech, but the big question ahead of Donald Trumps first state of