Flags were on the Capitol Building and at the white house are being flown at half staff in members of pearl harbor. Now live coverage of the u. S. Senate here on cspan2. The senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Great redeemer, guide our lawmakers along the best path to fulfill your purposes on earth. May they submit to your wisdom and providential leading, believing that you will supply all of their needs. Remind them that your unfailing love accompanies those who put their trust in you. Give our senators an attitude of reverential awe that will keep them from evil. Inspire them to rejoice and be glad, as they strive to live lives of purity and obedience. And lord, as we remember pearl harbor on this december 7th, thank you for your loving and prevailing providence. May we show our gratitude by facing the future without fear. We pray in your majestic name. Amen. The president pro tempore please join me in reciting
Priority. Pandemic under control is his top priority. Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. A lot of the focus is on the number of infected with covid19. At bond growth, a lot going on, treasuries, for example, rising. Overheated equity markets, the deteriorating coronavirus situation in many countries. Oil demandtting its outlook, saying they will not rescue the market, and then i got a look, not very often, but coming out with figures that were not great but were better than expected, leading to burberry gaining one point half percent. 1. 5 . Now lets get to the bloomberg first word news in london with laura wright. Hey, laura. Laura good morning, francine. The recovery is being derailed by a rise in virus cases and a. Ew lockdown president elect joe biden is naming longtime aide dr. Vinjamuri ron claim as his chief of staff. His leading role during the Health Crisis of the Obama Administration leaving the white house in the 2
We have seen the g10 space benefiting from that, especially when it comes to the pound. There are brexit negotiations starting today in brussels. So far there is possibility of progress. It looks like we are in this seeing people are are saying this is the yen buying path of least resistance. We are looking at, when it comes to commodities, the gold futures. Right now. Silver and aluminum having a big comeback. You see brent crude hovering around 42 right now. One big interview to tell you about today. We are talking about market debuts in hong kong, gto express. Here is the bond market first. Not a lot of movement when it comes to the aussie 10 year yield. 77 basis points as people wind back the rate cuts. 3. 11 for the chinese 10 year still. This is what i was talking about. He is joining us for an exclusive interview at the bottom of this hour. A pretty stellar debut to start the week. Haslinda like you said, a lack of conviction. From get Market Analysis the asset strategist at j.
The show. A new Prime Minister for japan tokyos parliament confirms your shahid a sukkah as successor to shinzo all day the former Health Minister says his priorities are fighting the pandemic and strengthening japans whaling and cars. And israel signs historic agreements after the white house with bahrain and the United Arab Emirates establishing diplomatic relations present trump says theyre just the 1st of many such deals to come. Im brian thomas could have you with us today European Commission president to ursula fong the lion will shortly give her 1st state of the Union Address shes expected to unveil her vision for a more ambitious. Climate deal for the block migration also expected to figure prominently final line will also outline plans to relaunch europes economy which has been hard hit by the coronavirus and denmark. Lets go live now to the abuse of Brussels Bureau chief alexander phenomena whos standing by there for us where the speech is about to begin shortly this speech a
We are looking ahead to the fed minutes out on wednesday. Lets change the board and look at the currencies and we will check in on some of the commodities. The u. S. Dollar index currently flat. You have the euro gaining just four basis points. A stronger euro over eight straight weeks. That is beneficial for emergingmarket currencies. The yen, 76. Rsus some gains for the aussie versus the safe haven yen. Gold had its first weekly drop since early june. Gold firmly in focus. Down 3 10 of 1 . 42 for wti. Over in the u. S. , 17 basis points on the 10 year. Lets get to the first word news. Good morning south korea is warning of a new mass Coronavirus Infection after reporting its highest number of cases since early march. The latest infections are being linked to a church in seoul. Tokyo confirmed new cases. Young adults in their 20s the largest group, almost 18,000 people are infected in the capital. New data show the japanese economy continuing to stumble amid falling Global Demand and