This is bloomberg surveillance. Im mark barton in london. Thatme to have a sip of because we have an acceleration to the fastest pace this year, adding to evidence that growth is becoming more resilient. The pmi index, the composition index, rising to 53. 7 in october, from the 52. 6 in september. This is the fastest pace since the beginning of 2016. The recovery continuing at a steady if not spectacular pace in the face of headwinds from brexit, slowing trade, political uncertainty. Ecb supporting the economy with unprecedented stimulus that will come under review in december. Just want to show you whats happening to the markets today. The stoxx 600 trading higher. Last weekend it rose for the second consecutive week. Best run since september. Last weeks rise was the strongest in a month. Byres the euro stoxx 600 up 0. 75 . The euro is a little bit up now. Track force march, on the worst fourth weekly drop. It is all about divergence because the u. S. As many think is set to hike rate
Francine a little less good than expected. Tom you saw it in japan as well. One of the themes is the commodity data, showing the same gentle it is all gentle, quiet. Francine until it is not gentle anymore. Tom exactly. That is where we are right now. All in all, commodities. Francine looking forward to it. Lets get to the first word. The author is now on the table for the beer deal. Buying sab miller, giving them control of more than one fourth of the beer market. The weight was cleared for the deal went sab miller agreed to sell it stake in miller course in the u. S. Meanwhile, the worlds fourthlargest beer maker carlsberg plans to cut 2000 jobs, a 15 reduction. They are trying to reduce costs largely due to a drop in russian beer sales. Alliance of an leftwing parties has ousted the Prime Minister less than six weeks after the last election. The leader of the socialist party has asked the president to form a new government. So far, no word if it will happen. Russia is calling for a
Spaceship. It disintegrated after a device to slow the spacecraft deployed prematurely. Pilot error is a possibility. The copilot was killed. The pilot was seriously injured. Known thatalways commercial space travel is an incredibly hard project. We have been undertaking a comprehensive test program for many years. Safety has always been our number one priority. We do understand the risk involved. We will not push on blindly. To do so would be an insult to all those affected by this tragedy. To takeon hopes passengers above earth. A big takeover in the advertising business. The worlds thirdlargest ad company has agreed to buy sapient. Moving on the new york city marathon. 50,000 runners had to deal with wind. 30 Miles Per Hour with the up to 50. The mens surge was won by a kenyan. The womens was won by another kenyan. It was freezing. It was cold. It was legitimately called. Cold. You did not see a lot of pain and agony in central park. Cold is better than hot, is my basic take. I trai
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