links with the united kingdom but travel will depend on negative covet test results. i brexit deal hangs in the balance as officials talk on. michel barnier says both sides are ready to make a final push. welcome to the program. under one hour to go until the start of the european equity trading session for this wednesday. let s look where we are on the futures. this is the picture for european futures right now. yesterday, and mixed session in the u.s., more positive in europe. much more positive in the european session. the u.s. going in a slightly different direction. in terms of u.s. futures, quite a deal in terms of catch up. the comments we had from president trump talking about not wanting to sign the pandemic relief bill, wanting to make changes to the pandemic relief bill. that seemed to take it edge off futures in the united states and europe. 0.7%utures down as much as overnight but it is flat. it seems like we may be working our way through that story i looking th
growing expectations that actually we are going to see no deal frexit taken off the table. level tothe next key watch out for. if that breaks, maybe this is a false rally. the pound the focus today. funny, i expect the euro will be the big focus tomorrow. what are we going to hear from mario draghi and the ecb? theie: the dollar-yen is dollar focus today, but let s get a quick look at the equity picture. ,ally up 1% on the he averages the s&p 500 erasing all of that right now, barely clinging onto a couple of points a positive movement, but we are seeing earnings with united technologies and ibm up more than 4% right now. comcast up more than 5%. we have the ceo of viacom in this hour, too. to thet s get back banks. brian moynihan remains bullish on the u.s. economy. earlier in davos, and excavation on why he disagrees with some fed critics. right now that put them into the neutral range that they talked about four. the markets sorted it out and i say now that ok at this le
, they have to reform all. in,ddition of course, mixed we work hard to find all of these issues. i would like to thank all the countries that have contributed and played a major role. the private sector, which is lebanon, we have worked hard to develop. speaking at the riyadh conference, we heard the crown prince talking about the show gi khashoggi affair. all legal measures will be used. he said it is time for a reform of security services. has he gone far and no dealing with that? is that all he is going to say on the matter? those in washington are looking to make a big decision on whether they will back him in this case. i wonder whether he has gone far and no. he did address it. camer the only comments from the energy minister. it could also mean that he knew mention this. he and the turkish president said no wage would be drawn between the two countries. a little defensive here. he is trying to bring it out in the open and act like a strong man in terms of security.
good morning, everybody. it is 6:00 here in london. today looks different. this is the picture on asia. up by 0.9%. stocks are up, yields are up. back to where we were on that story. recovery evident in asia. china is under pressure. the shanghai composite up by 0.2%. as we go through the asian session, things recovering. it was in negative territory until 20 minutes ago. we have the chinese currency here at 6.89. a little bit of weakness on the chinese yuan. the bloomberg reporting suggesting u.s. treasury stocks staff has been advising steve mnuchin that china is not a currency manipulator. we are waiting to get that report next week. will the politics lead to a different message given by the treasury? steve mnuchin could choose to go with a different message. things looking more like they have over recent weeks. the nymex is up by 1% or so. we are heading for our biggest weekly drop since july. the bigger picture over the week has been that we have seen weakness in the o
basis points in the u.s.. 1.59% is how we print on the 10 year. time now for global exchange. we will bring you today s market moving news from around the world. our bloomberg voices are on the ground with this morning s top stories. in china, cases of coronavirus are soaring overnight, jumping by almost 15,000 after the epicenter of the outbreak revised its method for counting infections. joining us from hong kong is rishaad salamat. walk through what we learned. rishaad: we ve got 60,000 cases the 254 person death count extra now. what we have is a situation where we had this huge revision taking place, and then a few hours later, the top bosses in hubei province were replaced. the party secretary replaced by the mayor of shanghai. not just that, but also here in hong kong, we have the macau and hong kong affairs department boss also replaced. it is being seen by some as a bit of a reset. people look to what is going on, and are questioning whether the veracity of the data