Options. Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua here in london. Now, there is quite a lot going on in the markets, simply because the stimulus in the u. S. Is getting people quite excited. Part of it is what we are hearing from Central Banks around the world, the projections. This is what the markets are doing overall. Stocks are turning higher. Gold at the same time is ascent, and then we have the word on the latest american stimulus package. We need to mention pound, rising against the euro, after the bank of england said it did not plan to tighten policy until the inflation outlook is more clear. Now lets get to the bloomberg first word news. Here with me in london is laura white. Hi, laura. Laura as fast as they can, but that does not mean safety is being sacrificed. Dr. Anthony fauci he hopes the vaccine is at least 70 effective, but he says he would still feel good if it is at least 50 effective. Classical history of viruses, particula
Executive later. Another busy day. A lot of people were talking about in the virtual newsroom that we have created around the world that we cant quite remember whether it is tuesday, wednesday, or thursday. A lot of the focus is on what your markets are doing. This is your data, euro area, april services pmi coming up at 12. The preliminary figure was a touch below that. That Services Data coming in at 12 instead of the preliminary 11. 7. That is a little bit better than expected. I am looking forward to the ofexecutive of com campari. Look at renminbi. President trump continuing to push the reopening of the economy and oil pretty much stalling. Treasury yields edging higher. We will have plenty more on that shortly. We will be speaking to the campari chief executive. Trump isent donald pushing to get the u. S. Economy to reopen. He says americans should begin returning to their everyday lives but he is also acknowledging it could lead to more suffering, including more deaths. Pres. Tr
Soon. In the fast lane, aston martin plans a fiveyear trade and investment drive in china worth over 600 Million Pounds. We will speak to the ceo, next. We are less than a halfhour from the start of european trading. Take a look at futures right now. We are seeing gains across the board on the major indexes with the exception of the ibex sorry, the ftse mib and stockholm. Here on the board, ftse futures gaining 0. 4 , dax futures up 0. 5 . Lets start with some of the earnings this morning. Roche expects sales growth to slow this year. It is counting on new drugs in the pipeline to offset revenue losses in its oncology medicine. Joining us from switzerland, the ceo of roche. Welcome to the program. Thanks for joining us. About 2018 as kind of the year of the cliff edge for drugmakers, for roche especially. How well do you think these new drugs in things like hemophilia are going to offset the loss of your cancer drugs . Im very confident. If you look at the growth in 2017, the vast majo
Shells profit slides but the oil maker out maintains its outlook. Confidence signal [inaudible] we are talking to the ceo, the first here on bloomberg. And the fed. Sitting tight. Taking a waitandsee approach as it awaits clarity from the white house. Avp [inaudible] we are less than half an hour from the European Equity market. We will focus on all of the news as we work our way through. Weis start off with the screen. It is pointing to a negative stock. London looks like it will outperform a little bit. 4tinental markets down by of 1 . Lets show you what is going on around the world. The big story this morning is what is happening with the dollar, the dollar index, the bloomberg dollar index is softer and the and is trading at 112. 69. Up by around. 4 of 1 . This is what is happening with the bond yields. Have gotten more liquidity coming through. Yields climbing, prices are selling off. Lets get back to the real news, lets find out what is happening around the world. Deutsche bank s
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