The formal application caps a period of speculation that this would be occurring. We are seeing pfizer in premarket rise nearly 2 , biontech down. 3 . Interesting to see how this is confirming what a lot of people have expected, but adding to the risk on feel that we are seeing in markets today. The sense we are going to move past this period that has been incredibly painful economically, as well as socially. Francine lets get the details from fan from sam fazeli from bloomberg intelligence. The news is out. How quickly can some of these clearances be given . Sam good morning, francine. Fdahe u. S. We have the meeting coming up on december 10. It is possible they move on that pretty quickly the next day or the day after. And then in europe, this is the combination of a process that started off sometime in early october where the companies have been filing their manufacturing , and there is no new data in the press release. So it is possible that we should get a European Response by bef
, with Karina Mitchell. Karina joe biden and Kamala Harris gave made their first appearance as democratic running mates, criticizing President Trump for his failure to respond to the coronavirus pandemic. It could be one of the few times they campaign together. Pandemic have pandemic restrictions have limited his in person events. President trump can make his nomination acceptance speech from the white house or executive residence, according to an advisory opinion. Generally, Government Employees engaging inrom political activity while in a government building. Airbus, the Trump Administration is imposing extra tariffs on some goods from germany and france. At the same time, some products from the u. K. And breeze and greece are taken off the tariff list. Extra tariffs are being allowed because of the airbus dispute. In the u. K. , Boris Johnsons Government Faces a coronavirus pandemic. If it withdraws massive support for jobs and wages too soon, it could tip the u. K. Into an unemploy
A big question about Political Risk heading into november. Francine we will have plenty more on u. S. Politics. We start with Leslie Vinjamuri shortly. Lets start with first word news with ritika gupta. Ritika joe biden is counting on thela harriss ties to Africanamerican Community and herself branding as a prosecutor. As a progressive prosecutor. She is the first black woman in the first asianamerican on a major Party President ial ticket. Before being elected to the senate, she was californias attorney general. Upcoming trade talks with the u. S. , bloomberg has learned to chant that chinese will bring up President Trumps second ban on the two apps, wechat and tiktok. In hong kong, media tycoon jimmy lai has been released from jail after being arrested monday, the most prominent figure detained yet under chinas sweeping new National Security law. It is seen as a sign of how hong kongs independent Justice System is being undermined. The apple daily is critical of chinas communist part
He accuses the social media giant of stifling free speech. Welcome to bloomberg surveillance, everyone. I am Francine Lacqua in london. The markets are trying to guess how much tension there is between the u. S. And china and how that will halt the economy. This is what is playing out in the markets. The stoxx 600 gaining some 0. 3 . Crude oil before 34 per barrel. 71599. I the u. S. Considering a range of sanctions to punish china for its crackdown on hong kong. The Trump Administration weighs whether to declare that the former colony has lost its autonomy from beijing. President trump says he will announce action against china before the end of the week. Meanwhile, protesters in hong kong cured up for what there could be their biggest day of unrest in months against chinas increasing control of the city. Lets get straight to our chief asia economics correspondent. This has certainly ratcheted up quite a lot in the coming days. How big are the protests right now . We have had hundreds
Good evening, everyone. This is bloomberg surveillance, im Francine Lacqua. The news flow is pretty terrific today. The coronavirus, the lockdown, the impact of our economy, and our hearts are always with the families that are rather losing loved ones are actually fighting for their life. This is what im looking at the markets. The next couple of weeks may will be rocky because a lot of the focus will be on earnings. So if im looking at stocks, they are up today. Up. Indices, futures also we really dont know what we get from this earnings season after the pandemic upended the global economy. The other story is oil edging up gold, slipping from a sevenyear high. We will get to more Market Analysis shortly. Lets get straight to the bloomberg first word news. In new york city is viviana hurtado. Viviana an extension to the bekdown, it is expected to announced later this week. The pm was discharged from the hospital. The uks chief advisor once the daily rate of deaths will continue to rise