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Welcome to surveillance. Off to a firmly risk off footing and then remain so. Additional wobble coming through after news china is slapping sanctions on Lockheed Martin. Barely Holding Onto Gains here. Up by one whisker but the losses are heavy into deep in europe and asia. Looking at key earnings including the banks but also delta reporting numbers in a few hours. Eurodollar up, this is the story of Dollar Strength. You have treasuries play big after the open on monday. When california reintroduced some restrictions to stem the virus. 1. 2 . En brent crude down looking ahead to that Monitoring Committee meeting and the expectation is theres going to be some additional action. Lets get to the bloomberg first word news and get you the round up there round ....
And of austerity. The u. K. Prepares its biggest dose of stimulus in decades. It really is said to plan doublings doubling stimulus to combat the outbreak. President trump appears to a coronavirus conference. He was expected to announce a major stimulus package that he hyped himself the day before. And, taking a hit. Couldsays the coronavirus knock First Quarter quarter china revenue by one billion euros. We will speak to the ceo in just over a half an hour. Youve got some breaking news down there on the green from the bank of england. Anna absolutely, breaking news. Itsbank of england reduces bank rate. The bank of bank rates by 50 basis points. 20. 25 . A surprise rate cut from the bank of england. Just as we saw a surprise rate cut from the fed. Here we are seeing me seeing a great deal of cooperation theeen the fiscal side of monetary side in the u. K. Investments are waiting for an update, waiting for the government to respond ....
We have been covering the economy, bringing you live coverage from beijing. In the meantime, this is what is happening in europe. Euro area november services pmi falling to 51. 5. Anything above 50 is expansionary but below forecasts. Again, this is for yourarea manufacturing for the month of november. Quite a lot going on in the markets. It is all about the ecb speech and Christine Lagarde. How she means new policies will be taking place. Stocks overall on the up. We had a similar rally when it came to asia. Pointing towards a marginally strong open in the u. S. As investors try to figure out headlines on the trade dispute. Say, a lot of the talk in beijing was on that. The dollar is mostly steady. Lets get first word news in newark city. New york city. I fear this was all going to blow up. Those were the exact words spoken by fiona hill in the impeachment hearings, that is what she told fellow diplomats but that she now under ....
Lifetime. Prime minister rishi sunak in the last few minutes has been speaking for the First Time Since returning from his summer holiday. Heres what he had to say. Say. Yeah, were planning for winter in the nhs earlier than weve ever done before. Thats why today im announcing £250 million to invest in more a e capacity in 30 different sites across the country. Earlier this across the country. Earlier this yeanl across the country. Earlier this year, i announced our urgent and Emergency Care recovery plan. Emergency care recovery plan. Thats about more beds, more ambulances, faster discharge , ambulances, faster discharge, all of which improves patient care. And although weve still got work to do, were starting to see the results of that ambulance response times have come down considerably. A e performance is improving and today another step on that today is another step o ....
Flight to safety. Shares in semins as diagnostics takes a hit in the Third Quarter. The ceo says hes still confident despite some challenges. We saw some headwinds from Foreign Exchange over the year and we guide for this in the last quarter and because of this, we see very well underway to get to the lower end of the original guidance. Four charges and six alleged cocon coconspirators. Former President Donald Trump is indicted for attempting to overturn the 2020 election and conspiracy to defraud the u. S. Well, good morning to you. Heres the news weve been breaking across the morning. Fitch stripping the United States of its aaa reading and down to aa its over the standard of governance over the last 20 years following the buy saturday tan talk in the mont ....