welcome to bloomberg surveillance. i m matt miller in berlin, for francine lacqua and tom keene. let s check in with what s going on with the markets. the ftse is trading higher, now up almost 130 points. 6631. the first day of trading since the brexit trade deal was agreed because yesterday, the ftse was closed for the boxing day holiday. ftse had beenthe one of the worst performing european equity indexes, down 14%, 15% year to date. it is now clawing back some of those losses after this deal has been agreed. you can see the pound right now up as well to $1.35. rising. 10 year yield is as investors feel comfortable enough to sell some of that debt. and bitcoin, little changed at 26,630. i know a lot of investors are watching. it is becoming much more acceptable asset to own on wall street after rising above $28,000 over the weekend. let s get the first word news for you right now. president-elect joe biden is accusing national security staff loyal to president of blocking a
to go to the senate and we would have that relief direct payment to covid going from $600 $2000. this was really up in the air. we finally have the votes in for the house. we had seen some hesitancy from some republican measures but it seems the house has given its bipartisan support to boost those relief checks to $2000. that vote on the house floor happening right now. the house has given support to bolster the relief package and stimulus payment from $600 to $2000 as was requested by president trump. that was a last-minute request when he called those $600 is ridiculously low despite the fact that treasury secretary mnuchin was involved in negotiations. he signed the huge but called for this direct to be bolstered. we have the house voting there and giving it bipartisan support. let s bring in our government congressional reporter emily wilkins for the latest. the question is what happens in the senate. just a few minutes ago, we heard from senator marco rubio that he woul
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. let s break into the futures to talk about what s 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
on in hong kong with china over the weekend saying the security law could override hong kong s legal system. we she we see shares on the hang seng. 23,469 for the hang seng. the csi 300 pointing positive. showing the resilience across these benchmarks. the kospi as well, we did get those export numbers. a slump easing a bit. not very encouraging when it comes to exports of chips. only a gain of 2.6%. we saw a 13% advance in may. perhaps this recovery is in an early nascent sense. the p cop, lowered by 910 s of 12%. a decision coming through bank of centro and the rbnz later this week. later on when it comes to assets, the disappointment has been with the china lpr, which they did not do anything. given the credit numbers we have gotten, perhaps it was reason to pause. the selloff in bonds, are we going to continue to see that change? ozzie yen, you are seeing a perk up aussie again, you are seeing a perk up. the dollar is rising for a fifth day. . we have seen some flareu
thursday as washington awaits. you re right, the ecb will be very important. jonathan ferro made clear to me the optionality that madame lagarde has is extraordinary. we ve got claims at 8:30 washington time, new york time. that will be a precursor for jobs day tomorrow. all of this is overwhelmed by the historic moment. all i can tell you, just one vignette, francine it was extraordinary to see the handwritten note by the chairman of the joint chiefs of staff yesterday, to his officers and his troops. that was truly an historic moment. francine: we will spend a good amount of time talking about the military, given what we heard and general mattis esper. let s get to bloomberg first word news in london with leigh-ann gerrans. leigh-ann: good morning, francine. as you were discussing, president trump s former defense sayingry, jim mattis, is the president misuses the military and is dividing the nation. he also said the country must reject those who make a mockery of the con