Kamala harris talked about her middle Class roots and providing help for small businesses. Mr trump talked about the soaring priCes that ameriCans have been living with and laid the responsibility firmly at the demoCrats door. Lets have a quiCk listen to Kamala Harris. My my passion, one of them, is small businesses. I would aCtually, my mother raised my sister and me but there was a woman who helped raise us we Call her our seCond mother, she was a small business owner, i love our small businesses not be my plan is to give a 50,000 Tax DeduCtion to start up small businesses, knowing they are part of the baCkbone of ameriCas eConomy. My opponent, on the other hand, as planners to do what he has done before whiCh is to provide Tax Cut for billionaires and big Corporations whiCh will result in 5 Trillion to ameriCas defiCit. Donald trump talked up his eConomiC legaCy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has reCently been speaking about inCreasing tar
, and i am Francine Lacqua, here in london. Merger, with moncler s. P. A. Buying stoneham. If you look at stocks, near record highs, a hope for a u. S. Stimulus deal, tampered concerns about coronavirus, and of course on the brexit front, the pound is rallying as u. K. Prime minister Boris Johnson is heading to brussels for a teteatete with the british european negotiator. Luxury on is a new the block, moncler has agreed to buy highend luxury brand stoneham in its first major acquisition. Turning down a takeover approach last year. Joining us, i am delighted, it remo ruffini, chief executive director of moncler. Thanks for joining us. Is this a new luxury conglomerate that you will create . I am, actually, you know, concentrated on the deal, because i am quite concentrated on the deal, having said that, never say never, because last friday, when we decided to close, and i prepared the press title was beyond station and beyond luxury. We need to find something to be as much unique as we
Im on Francine Lacqua. Weve had quite interesting and big political news in the u. S. That started late last night, overnight and first we know that transition is more on its way than was 24 hours ago. Global stocks advancing on the back of that. If you look at what stock markets are taking a positive, the general source of administration acknowledged joe biden was the apparent winner of the election and the move reduced Political Uncertainty in the u. S. , giving biden access to Current Agency officials, briefing books, 6 million in funding and the market. Energy stocks leading the stoxx 600. Travel companies. Banks also notching gains. Haven assets weaker. We are getting some eco figures. Looking forward to speaking to the president of the Ifo Institute shortly. The estimater than of 87. 5. Ifo coming up in 15 minutes. Here is leighann gerrans. Englands National Lockdown ends next week but Prime Minister Boris Johnson says it will be replaced by a tougher threetier system of regional
Good morning, everyone. Welcome to bloomberg surveillance. I am Francine Lacqua here in london. This is what the gap. There is a big movement on europound. That is what i would be watching. Also data coming in better than expected but really still under 50 at 41. 7. If you look at the data, the story on the markets is exactly what is happening with euro pound. Now, the fact that france is now floating a veto threat over the brexit deal makes a lot of Market Participants very nervous. I am looking at our live blog, in 2020 at funny expecthe basically says eurosterling to appreciate rapidly through the september high. Leaplks about ready to Tall Buildings if the trade talks fail. Overall, looking at global stocks really pausing for breath after record highs. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Expanding the lockdown in germany for three more weeks until january 10. Reassessrkel wants to the restrict
Quite a lot going on in the markets. Quite a lot going on in the u. S. President ial race, certainly in u. S. Politics with President Trump tweeting i think 25 times yesterday, not mentioning his wife or a lot of the white house staffers that have been infected with covid19 and saying that we should not be worried about it. Certainly, it will play out in the election. European stocks are struggling a bit for direction following yesterdays broad market advance. We are looking at dollar per much study. Other Asset Classes really little movement. Lets get straight to the bloomberg first word news. Heres leighann gerrans. The coronavirus can spread through the air to people who are more than six feet away from an infectious person. That is the latest guidance from the cdc. The agency says this message of transmission is uncommon method of transmission is uncommon and happens in places with poor ventilation. It raises new challenges for reopening businesses and schools. Coronavirus is sprea