Of commons live wednesday morning on cspan2. We invite your participation using hashtag pmqs was prior to present i members are finishing other business. Now live to the for the british house of commons. Does my right honorable friend agree they have to emerge from this pandemic, between all of the home nations is going to be critical not only to scotland but the rest of the uk . My honorable friend is right to highlight these figures. We did not meet barriers and divisions nor do we need the reckless talk of closing the border when scotland needs all the help it can get. I welcome the Scottish Governments decision to put up its preparations for a second Scottish Referendum when dealing with coronavirus. Does the minister agree once this pandemic is over, they are unwanted by the people of scotland. My honorable friend is right the last thing scotland needs is the uncertainty and division about the referendum. Thats the end of scottish questions. We know the come to questions to the Pr
Xis impact is not good. The ceo ofak to siemens this morning. 6 00 in london, 9 00 a. M. In dubai. Theres lots of tentacles of risk that will boil through the day. Australia, new zealand, looking at extradition, but i love the story. You have to give attribution when somebody else finds a great story. It is about goldmans. We need to prepare ourselves for the risks that come over the election. They are talking about the year 2000. I was in a different world. Worried aboutmore secondctions thana whack of the coronavirus. It is interesting. You have got jp morgan saying the s p can hit another record. He says investors are mispricing both the virus risks and the election risks. Couldgan says the impact be neutral or positive. Aboutve goldman talking volatility picking up towards the end of the year. They talk more about december rather than november but it is pertinent for us to talk about it today because we have biden laying out his plans in pennsylvania later. That will bring the elec
Slums, as concerns grow about washington may punish Hong Kongbased banks. The u. K. Chancellor unveils the governments plan to pull the economy out of its deepest slump in centuries. Boris johnson says the u. K. Is ready to leave the e. U. Without a trade deal. Manus the line from the vice chair, clarida is that there is more we can do, more Forward Guidance. Nehra. Orning, nejra good morning. If we look at markets, we were seeing some gains in asia, we china. E to see them in we saw some green on the screen for u. S. Futures after the index closed lower yesterday. Now those gains have been given up. Seeing in negative print for european futures, theyll. Interestingly, i made the riskoff sentiment in equities, the 10 year yield is higher. The dollar is absolutely steady. Gold getting a lift after the fed comments as well. Getting very close to 1800 an ounce, study in todays session. The u. S. Bids farewell to the world health organization. The white house has submitted a letter that st
Good morning, everyone, and welcome to bloomberg surveillance. This is what the markets are focusing on. Partly, the number of infections rising in the u. S. But partly also what we are hearing from economies in europe reopening. European stocks sliding for a second day. We did lose a bit of momentum in this equity rally in the wake of damage caused by the pandemic. Hsbc slumping after Donald Trumps advisor proposed a move to punish banks in hong kong and destabilize the currency peg to the dollar. And goldng below 41 trading near its highest level since 2011. Lets get straight to the bloomberg first word news. Good morning. The white house has made good on its threat to leave the world health organization. The Trump Administration has sent a letter to the agency giving it a one year notice it plans to quit. President donald trump says the International Body has been too deferential to china in its handling of the pandemic. The move comes as virus cases in the u. S. Near 3 million. Som
Process is dominance of government the parliamentary process is dominant of government, completely opposite of what we see in the United States, but it is really all the same thing, governments coming to the rescue of economies that are simply shattered. Francine yeah, and we dont know if there is a second wave or a specific lockdown coming our way as well. Lets get to first word news in new york city with ritika gupta. Ritika good morning, francine, tom. The u. S. Is pending planning a one a Virus Testing resurgence. Testings are being sites are being set up in louisiana and florida. They could provide a clearer picture of how the coronavirus is moving through the population. Officials are weighing how far to go in reopening the economy or rolling back steps already taken. In brazil, president bolsonaro is defending his approach to the coronavirus despite the fact it has killed tens of thousands of brazilians and left him with the disease as well. Bolsonaro has called the virus a litt