president trump still hopeful the pandemic will just pass. i think that at some point that s going to sort of just disappear, i hope. now the head of the fda joins us with a new strategy on testing, the race for a vaccine and the latest covid treatments. economic whiplash. the second wave of layoffs now under way as governors reverse re-openings. some workers losing their jobs again just weeks after going back to work. the new unemployment numbers out this morning. holiday weekend scorcher. the new alerts as temperatures top 90 degrees from california to new jersey and as you hit the road for your getaway, where traffic is reaching pre-pandemic levels. plus, the electrostatic sprayers anrobotsots and safe. wet wedding. the dramatic moment caught on camera. a couple taking their wedding photos swept into ocean by a rogue wave. the lifeguard s split-second decision that saved the bride s life. i m gonna stand by you and finally free. jonathan irons in prison for m
francine: welcome to bloomberg: surveillance. this is what the markets are doing. i am francine lacqua in london. the stocks here are down 0.3%. a lot of the focus is on the earnings, on banks reporting, but there is little bit uneasiness of uneasiness when it comes to world growth and central-bank action. bankard from the central say they will not hit the inflation target anytime soon. brent, a lot of volatility, currently at 75.23. the dollar index has been advancing quite significantly, that is the bloomberg u.s. dollar index. coming up, more from our day forws on this big banks in europe. but first, let s get first word news from new york city. a clear timetable for her departure is the demand for lawmakers in theresa may s own party as brexit chaos continues. but this gives the prime minister a little breathing room . they shied away from changing party rules to make it easier to oust her, this coming as scotland s primus are called for a new independence vote. donal
has an impact on our business. francine: good morning. this is bloomberg surveillance . i am francine lacqua in singapore for the new economy or. forum. tomorrow we will speak to the new chief executive of global science, and the former treasury secretary hank paulson. in on let s check markets, we are seeing a little bit moving sideways especially when it comes from europe. i am looking at what is happening in europe and putting it into context at what is happening in asia. it is a little bit of a mixed picture across global stock markets. investors are entering into a holding pattern while they wait for the u.s. midterm elections. on your screen, edging lower with american futures. the pound extending gains under brexit hopes. the dollar is pretty much steady. let s get to the bloomberg first word news. has repeatedtrump that he will clinch a trade deal with china because both sides want a solution. he told a rally he is certain beijing wants to talk, and he will insist o
surveillance. i am francine lacqua in london and these are your markets. it is all about treasuries today. off seven-yeart highs, adding two pressures on risk assets. stocks mixed, stoxx 600 pretty flat. the finance minister of italy is starting to speak in parliament and a second. the italian 10 year yield is at 3.57. he did here on bloomberg surveillance. in 20 minutes, we talked outlook for oil. first, straight to the bloomberg first word news with taylor riggs. taylor: italy s deputy prime minister says britain s real enemy is jean-claude juncker and the brussels bureaucracy that pushes open borders. bonds and stocks tumbled as salvini attacked the eu. he said next year s election will be between austerity and those who want to create jobs. in the u.s., the trump administration has called on saudi arabia to for answers in the disappearance at a reporter, of a saudi journalist and a critic of the royal family, last seen entering the kingdom s consulate in a stumble. s
surveillance. what a week we had on the markets last week. this is the tension as we get onto monday. this is what i m looking at in terms of stocks. they are gaining some 1.6%. we are also seeing futures in the u.s. pointing to a higher open. things can reverse quite quickly and change quite quickly. downan see the vix index some 10% and euro-dollar, 1.2276. if there is an infection beyond equities and the vix, it would be in credit markets. also coming up, we talk markets and last week s correction with morgan stanley. later on, we talked to eric nielsen, chief economist at unicredit. plus, we talk ecb and brexit. let s get straight to the bloomberg first word news. is readye u.s. says it to engage in nuclear talks with north korea. vice president mike pence dubbed the new strategy maximum pressure and engagement at the same time. the comments signal a shift in policy after they agreed to pursue a dialogue with pyongyang at the winter olympics. budget director mick mulvane