Bidens agenda. He may have a different tone toward china but there may not be substance. Kiwi rise ind the early asia trading. At some ofke a look these early market reactions. Sophie kamaruddin in hong kong. Sophie we are seeing some risk on tone in australia. The aussie is extending last weeks gain as the greenback has stayed structurally quicker. Weaker. They could test that 650 level this week. The yen, the best week for the currency since midseptember. Softbank results are due this monday. We have nikkei futures in chicago moving to the upside. This after the benchmark rose to a november 1991 hi on friday. That was 37 off the alltime high that was back in 1989. New york crude is gaining ground but still staying under 38 per barrel there. Some pressure may come through in the oil. Is very much in focus after the chaotic week we saw in turkey. That is the Central Bank Governor fired there. Racing for more voluntary they are embracing more volatility there. Joe biden is projected to
Future signals against are set to continue. Commerce bank swings to a loss in the Third Quarter as the pandemic and restructuring charge hits revenues. We speak with the cfo shortly. Good morning. Plenty to talk about on the u. S. Election front. Breaking news on the bank of england. Maintaining its benchmark Interest Rate at 0. 1 , entirely expected. The bank of england saying that was the news amount around maintaining its Interest Rate. They are raising the total bond target. Unanimousf englands on this Interest Rate and bond purchasing story. We will speak to the governor of the bank of england at 11 00 this morning london time. Stay tuned for that interview. Pound toor a in the this announcement. A pairing of losses coming through. Get some analysis. Dani burger is outside the bank of them went for us. There had been an expectation that as lockdown measures are extended, implemented in england, even if it is less strict than march, we would see more coming through from the bank of
Justice kavanaugh expressed sympathy for mr. Trump plus that votes received after election day would be taken by fraud. Turkey is threatening to military operations in northern syria. The kurdish militants are not clear from areas along its border with syria. Erdogan saidident a russian airstrike that targeted turkey backed Syrian Rebels shows moscow is not looking for lasting peace in the region. His comment conveys after an airstrike that killed dozens of foreign fighters. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. I am mark crumpton, this is bloomberg. 1 00 in new york, 5 00 london, 1 00 a. M. Hong kong. Here are top stories we are following. Equities as the s p 500 tumbles around 3 . Headed to its worst day in almost two months. Rising coronavirus cases tough and lockdowns, adding to worries. Toogh there may not be much rude about, bruce think is going to make ago. Insurance platf
Open. The cash trade an hour away. Here are your top headlines from the bloomberg terminal. Brussels shuts the bar as early as the virus resurgence accelerates in europe. France reports a record daily number. Emmanuel macron warns of further restrictions to come. Kamala harris slams the president s Pandemic Response in a largely eventempered debate with mike pence. Polls show joe biden widening his lead in battleground states. Futures push higher amid signs nancy pelosi is open to an somene relief will, but warned a bite and win would be modestly negative for u. S. Starks. We are an hour away from the start of u. S. Equity cash trading. We do have green arrows. In terms, modest gains of futures contract with ftse 100 futures basically unchanged right now. Percentook at the mispriced, you do see gains indicated at this point. Take a look at u. S. Futures, also showing gains this morning, a little bit stronger, the gains. About. 4 across s p, dow jones, nasdaq. Anna breaking news coming
Deal. No let up in germany. Angela merkel ruled out further loosening of measures after europes largest economy records the biggest spike in cases in four months. Asian stocks trade mixed following a fresh record on wall street. European futures point to a positive open. Good morning, everybody. Welcome to the program this wednesday morning. Lets have a look at terms of breaking news. Notes coming through mace maersk. The fullyear numbers, 6,000,000,0007,000,000,000. This is new guidance coming through. That is interesting in itself. The guidance we previously had in the year had been withdrawn by this business which operates 20 of the world container fleet. They are giving us this new guidance here. Looking at the underlying profit numbers for the second quarter. This is the backward looking part of it. The underlying profit data is 359 million dollars. They have done better than the estimates. We will be speaking into the management of maersk later on in programming. We have u. K. Ct