The u. K. Government sets up discussions with industry as brexit disruption closes in. Negotiations with the eu are set to crash through an informal deadline this weekend. Good morning. Just over an hour to go until the start of cash equity trading. Let have a look at where we are on the futures picture. Futures in europe looked to be a little bit to the downside. Lets break into the futures to talk about whats going on with the u. K. Economy growing in the Third Quarter from the previous quarter. Growing by 1. 1 in the month of september. The estimate was 1. 5. We were hearing that from our colleagues moments ago. They were talking about the estimates for september and the First Quarter. The number i have penciled in from them was 1. 5 gain in gdp for september. It is a little bit below that. The broad theme is the same. That 1. 1 in september adding to strong rebound numbers earlier on in the Third Quarter. The Third Quarter comes up by 15. 5 . That could be a smashing of a record in
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
Minute. Veterans day yesterday in america with the bond market shut down. There is no other backstory in america right now than the pandemic. It has pushed everything aside, including this election. Francine i agree. We will have play more on that. Lets get straight to the bloomberg first word news. Here is rick a group to ritika gupta. Ritika the state of georgia will conduct a hand count a recount by hand. Joe biden leaves by leads by roughly 14,000 votes. The Trump Campaign alleged there were widespread election regulators, but there was no proof. President elect joe biden is naming longtime aide ron klain as white house chief of staff. Klain played a leading role during the economic and Public Health crises of the Obama Administration, leading the the job the job is one of the most powerful in washington. Dharna is set to take moderna is set to take a spotlight take the spotlight on a new coronavirus vaccine. It will allow a preliminary analysis of its effectiveness to begin. Moder
American labor economy will fold into what we hear from that press conference. , howevera longer bid long rates will stay. But then there is this reality of x million of people here with no hope of a job. Jonathan we get the forecast and i think that is important. This Federal Reserve may have to upgrade them and say we are not doing anything for a long time. Tom while you were sleeping, i was saying following this delegate meeting. Saveel mckee is going to me and the 2 00 p. M. Show. Nuancescacies here, the i would suggest would be important. I was up at 1 00 eastern just to throw that out here. 1 00 eastern your time. Lisa, a retail sales late this morning. Lisa 8 30 a. M. Eastern time. To be the first read on Consumer Spending aspect and thats at the extra jobless benefit that did end of the end of july. We will be getting the Housing Market index, more optimism expected. Possibly a new record among homebuilders. Im thinking of transferring the oil out and bringing in lumber instead
The. Clashes and arrests in the russian capital as protests following the surprise inauguration of president alexander lukashenko. Good morning from moscow on kevin the World News Center with the latest this thursday morning 1st refusing in every possible way it seems to respond to moscows requests for information on the alleged poisoning of alexina that is the claim from russias permanent representative to the chemical weapons watchdog the o. P. C. W in an interview to. The Russian Federation has been waiting for answers from our german colleagues the general Prosecutors Office has sent 2 requests for Legal Assistance unfortunately we have not received any answers there were various explanations from the german side firstly there were references to National Secrets the germans said they were afraid of revealing secrets and german technologies during our specialists acquaintance with the results of the analysis in a boon to swear laboratory then our german colleagues started talking ab