The wrong guy, the wrong night, the wrong time. Biden and donald trump clash on issues from the economy to covid in an ill tempered debate. Biden says the president panicked and just looked at the stock market. The quotetrump blames china plague for hurting the u. S. And says beijing eight bidens lunch. Fresh pmi data showed the nations recovery is gaining pace. Lower asocks tick the month draws to a close. The markets will watch a speech from the ecb president. German inflation drops below zero. 6 00 a. M. In london. 7 00 a. M. In frankfurt. Annmarie hordern, good morning. It was a shouting match. It is interesting biden went after trump in regards to being putins puppy and the wealth differential. Noise it was. Little substance, a lot of chaos. 34 days until the u. S. President ial election. Westin, to David Franklin said amongst the swing chris, they thought wallace was the winner. He tried to bring decorum back to the debate. I will call it chaos, he called it a hot mess. Manus bid
Remarkable 24 hours. The sirens are still more than evident on this island of manhattan and with that said there is quiet across the nation today, its just a benchmark of the deaths in the covid virus reported in america are now greater than the deaths of americans from the vietnam war. That is a real touchstone in america. Looking at figures for london, the number of deaths now bigger than what we had one thing i was reading about in the u. S. Was number of deaths and care homes. States retro rampup testing to make sure the elderly are safe. News go to the bloomberg in new york city. We begin with u. S. Federal reserve policymakers to keep the benchmark rate near zero. Focus on thelikely next step it can take to rescue the economy once the lockdown ends. The decision at 2 00 p. M. New york time. Area that might need support, mortgage servicers. A couple of grim milestones of the u. S. The number of infections topping one million. That is a number and then number of deaths passing more
World headquarters in new york. The other big news we are hearing from sources telling bloomberg that President Trump has signed off on that trade deal, phase one with china, and also avoiding that 160 billion of chinese goods being given more tariffs. The plan was for this sunday, the deal could include agricultural goods, purchases from china, not to mention perhaps those existing tariffs also being lifted. Thats get the Market Reaction right away because japan and south korea are coming online. David ingles is in hong kong. What are you seeing . David if you took that and went long in the cash market on sterling or any of these as well, certainly, 13 514 whats your session high on cable. One thing to note on this as 2 wouldthing beyond make this the biggest drop since 2009 so these are quite substantial moves you are seeing. Lets flip the boards and have a look at the open across the region right now. Overall, asia is back to the highest level since august of 2018. I am guessing wit
good morning, good afternoon and good evening. welcome to bloomberg surveillance. i am francine lacqua. european stocks are fluctuating. exactly what is next in the corona visor coronavirus and the impact. if you look at bonds across the u.s. and europe, they are pretty much unchanged. coming up, more from our interview the chief executive of unicredit. he talks about negative rates being the biggest risk for the eu economy. let s get to bloomberg first word news. news, karenaking bauer is stepping down as leader cdu.rmany s she will not run for chancellor in the next election. now to ireland where left-wing nationalist party is one of the biggest winners of this weekend s election. state broadcast ejecting it will come in second with 37 seats behind siana falls with 45 seats. all are short of the 80 needed for majority. today the final tally is expected. over to the u.k. where boris johnson gearing up to announce a boost in infrastructure spending. it is a part of a camp
Like warm temperatures, thats exactly what were going to be seeing. In fact, as kira mentioned, were already in the 50s. Right now in the south bay, 51 degrees. Peninsula, 63. Tri valley, 55. And in San Francisco, 55 degrees. Now, it is still a little bit chilly in the north bay at 40 degrees. Were seeing a couple of, you know, foggy conditions in the north bay. But lets take a look at the coastal fog and 24hour change. So look how impressive Half Moon Bay. 20 degrees warmer at this hour than we were yesterday. Sunnyvale, 12 degrees warmer. Livermore, 12 degrees warmer. So we definitely still have the High Pressure dominating in the forecast. Thats whats really been keeping us dry, and its been warming us up. And what does that mean in terms of the rain and the snow pack . Well, i will have a complete rundown of exactly what you can expect when its, of course, super bowl sunday here on nbc bay area. And when do we get a next chance of rain . I know i keep saying i know we need the rain