obstacles facing oil and gas and why the lock downs are a big deal but may not change much longer term. it is friday, october 16, and this is worldwide exchange. if i have it right, i think that is the black key and the song is 10:00 a.m. but we re playing it at 5:00 welcome from yfr wherever in th world you are watching stock futures right now are in the green but let s be carefully here, they are basically flat. dow futures are up 9 points, so in the green, yes, nasdaq up 22, but got a long i way to go the big money question on this bring is whether today will mark a rare four day losing streak for the nasdaq we re down previous three sessions, although amazingly we re still higher on the week outside of stocks, the big winner this week has been bitcoin. that s right, up 4.5%. climbed earlier back above 11,500 bitcoin has been the winning asset class coming into a friday let s go around the world and it is looking like a nice session in europe as well. let s ghets t get t
new york city for bloomberg television. all eyes on cleveland, ohio. jon ferro, i don t know your history with cleveland, ohio besides the best football team on the planet, but this debate tonight will be a battle. it will be interesting to see just in the first 10 minutes how the debate agains the debate begins. jonathan:jonathan: my association with cleveland is lebron james. did i do that right? tom: you nailed that. jonathan: we can explore that another time. in the markets, i am not sure what the implications or conflict once is actual or consequent is actually are. the near-term risk, the number one is that we don t have an outcome november 4. if we get a clear lead and joe biden really solidifies that in the debate tonight, is that risk on? do you fade the volatility off the back of that without really considering the policy implications of a democratic sweep? i think that might be a step too far, but i am trying to work through those issues with a series of guests
busiest in surveillance is maria tadeo in brussels. she is door stopping. you have done a lot of door stopping. how do you doorstop anxious politicians in brussels? nejra: you call out their name with a big smile, you hold out your mic, and you fire your questions as quickly and ferociously as you can. we certainly have seen that this morning. there has been so much optimism priced into the recovery fund in terms of european equities, but also the btb bun spread. some investors say we have been here before in terms of brussels often taking its time to come to an agreement, so you might not necessarily see a lot of pessimism and markets next week if we don t get agreement straightaway. as investors say, it will come eventually. tom: i am an amateur here. in thes that mr. rutte netherlands is front and center. is that how you see it? never echo yeah, as usual, when you go into these meetings, you may get the ascents that we may not get an agreement straightaway. there is a lot
and we speak live to the former white house chief economic advisor gary cohen. up, a new community pro or a new economy for a new economy. we bring you exclusive interviews with the credit suisse chief executive, ubs, and many more. welcome to bloomberg surveillance . i am a francine lacqua. before we get to any of those interviews, let me just have a quick check on the markets for you. look at stocks dropping in europe. asia was a mixed session. fromcomes as support congress for protesters, kids prospects of a trade deal. we are also looking at bonds edging higher. beijing s chief negotiators says he is cautiously optimistic after a phase one trade deal. let s get straight to first word news in new york city. rudy giuliani and donald trump demanded a quid quo pro from ukraine. is astunning admission damaging testimony for president trump. he went on to say giuliani was holding up a white house meeting unless ukraine announced investigations. the latest debate, democrats
let s take a look at what happened overnight in asia the nikkei was down slightly, down by a tenth of a percent hang sang was down by a half a present. the shanghai composite up by 1.3% take a look at what s happening in the european markets right now. you re going to see that the kak is up by about half a percentage point. the dakotx up by 1% stocks are also higher in italy and spain. take a look at the treasury market, treasury yields for the ten-year 2.419%. that yield paz picked has picke little bit. we ve been waiting only 66:00 in the morning, been waiting for home depot since about 5:00 just reporting the home improvement retailer earned $2.27 a share for the first quarter. that beat consensus estimates of $2.18 a share. revenue was also slightly above at 26.4 versus 26.378, and then global comp store sales were up 2.5% while u.s. comp sales were up 3%. the stock s been hovering around 190. it had been as high as 215, and there was some angst, not really sure what yo