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Narrow their differences. Forecasters dont see a deal before the november 3 election. Well be speaking to the speaker of the house today. Ireland imposes some of the most draconian restrictions in europe. In the United States cases are soaring in battleground states. We are just two weeks ahead of the election. Very warm welcome to you. We just had numbers out from u. B. S. About 15 minutes ago. Manus cranny is interviewing ergio armanti. Manus will be back me with a preview. The interview will be airing on Bloomberg Television at 7 00 a. M. London time, 8 00 a. M. If youre across the continent. U. B. S. Income beat estimates. Were underway with the earnings season. U. B. S. Kicking off with the major banks. I want to show you the close yesterday in the Banking Sector in europe. They close up more than 6. We is that ....
Worst in the history of the report. Jobless claims out today. The u. K. Is set to ease parts of its nationwide lockdown on monday. The pound fell to a twoweek low ahead of a bank of england decision. We speak with governor andrew bailey. Welcome to daybreak europe. We are getting a little bit of a. Ift through risk assets unexpected rise on exports. Backtronger yuan off the of that. Still some red on the screen in asia. The s p dropped for the first time in three days in yesterdays session. European futures in the green. Earlier, we were seeing the yen at its strongest or near its strongest since midmarch. You wonder about the kneejerk reaction. The painful jobs report, a grim foreshadowing of what we could get out of the nonfarm payrolls tomorrow. Ahead ofa two week low the boe decision. The expectation we could see more quantitative easing either this week or perhaps in june with the boe expected to hit its present the bond buying goal around the end of june. Oil getting a little bit ....
Treasury market. Unbelievable moves. Commodities just keep getting crushed. Crude is at 40 have dollars. Time not is at 45. Tom never global exchange. Our bloomberg voices are on the ground with this mornings top stories. In asia, new cases of the coronavirus continue to appear outside of china. New zealand and lithuania have reported their first infections. And cases anda, south korea have gone to over 2000. Joining me is stephen engle. That is the case outside of china. Theresns that if 83,000 globally, thats more than 4000 outside of china. Chinas rate of new infections has been slowing down. New cases since yesterday, but south korea nearly doubled that in one day. They reported another batch of new numbers on top of the numbers this morning. They added 571 cases from yesterday. That means they have more than 2100 cases and climbing. Japan also climbing towards 1000 confirmed cases, 931 if you 700 from the cruise ship off yokohama. Tokaido has declared a state of emergency the day ....
Gaining strength again today, although really its also little changed at 1238, up only 4 100 of 1 . And crude is down another dollar 91. So crude wti back down to almost 80 a barrel at 80. 60. John. And thats certainly weighing on the canadian stock market with energy, with such a big subgroup component here. Financials is well under pressure in canada and were seeing that in the us indices. Matt mean, beyond just figuring out the story on rates and inflation from here, fitch raising some fresh concerns around the Banking Sector within the dow. Youve got jp morgan, for example, as one of the lead laggards. Its down about 2 right now. Watching tech is kind of interesting when you consider the fact that we started the day with some muscle calls, if you will, from the analysts on wall street. You had baird with bullish commentary on nvidia. You had Morgan Stanley saying despite ....
Six basis points to 4. 9222. We do see the bloomberg dollar index down about zero point 1271 or 1272. Crude is down, to 89. 13. A down day to end the week. Jon staying on that theme, this general oil story has taken a bite out of a number of sector stocks, including the airlines, which are having their tough instructions 2021. We have seen some carriers talk about cautious outlooks in part because of jet fuel prices and names like american. The profit outlook from hewlettpackard enterprise is not inspiring investors. That name is down 5. 5 percent at this hour. Lets continue to track what is happening in the auto sector. We have headlines around General Motors. It has seen the most substantial uaw offer today. Where you could potentially see the majority of workers getting more than 40 per hour. We have to continue to see how things play out. A mixed performance right now. Stellantis is down. Gm is up zero point 1. 6 . Matt uaw is ....