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
Journalists find themselves on the wrong side. Laura it has been a turbulent start to the Democratic National convention as Hillary Clinton prepares to formally accept her partys nomination for president. The fbi is investigating after leaked emails shows Democratic Leaders saw to to undermine the campaign of Bernie Sanders. He put that aside to endorse clinton ahead of his Main Convention speech tonight. He told supporters they must elect clinton to defeat tunnel trump. The theme of this convention is togetherness and unity. Hillary clinton herself is proving to be a divisive candidate. When it comes to the popularity stakes, Hillary Clintons Approval Ratings have gone from bad to worse paid according to the latest poll, republican rival donald trump has the edge. For clinton, it is a far cry from the campaign barack obama inspired after winning the democratic nomination in 2008. Hard acte could be a to follow because he has a lot of charisma. Hard act told be a follow because he has
Potential administration amounted to treason. Global news 24 hours a day powered by 2400 journalists in more than 150 news bureaus from around the world. Bloomberg west is next. Emily coming up, legendary investor and entrepreneur peter thiel speaking out about everything from Marissa Mayers to the bubble that maybe everywhere. Plus, Mark Zuckerberg lays out an audacious 10 year plan involving bots, drones, and Virtual Reality. It may be the most exciting business at square and is also risky. About lending to Small Businesses and her time at yahoo . My exclusive interview with peter thiel. We spoke earlier today at the 2016 conference and had a farreaching conversation. He spoke about everything from Marissa Mayer to his fear of china. Women in tech and the bubble that might be everywhere. How he really feels about college education. Peter the court thing has been focused heavily on Silicon Valley. Shouldwondering if we try to look at some places outside Silicon Valley. Yet a travel a
21 . Ted cruz has 18 . On the democratic side, mrs. Clinton leads Bernie Sanders 55 40 1 . The New York Primary is next tuesday. Accusing the Vice President of attempting to overthrow the government days before the full house is expected to start voting on her impeachment. Without directly naming the Vice President , they said a leak of a recording where he discussed a potential administration amounted to treason. Global news 24 hours a day powered by 2400 journalists in more than 150 news bureaus from around the world. From the bloomberg newsroom, i am mark crumpton. Next. Berg west is emily i am emily chang and this is bloomberg west. Coming up, legendary investor and entrepreneur peter thiel speaking out about everything from Marissa Mayers to the bubble that maybe everywhere. We will bring you the highlights of my exclusive interview. Plus, Mark Zuckerberg lays out an audacious 10 year plan involving bots, drones, and Virtual Reality. We bring you the latest from feight. It may be
Hearing from honeywell as well. A few reports of note, 9 15 eastern time Industrial Production and then at 10 00 its Consumer Sentiment and the jolts report. Thats the job earnings and Labor Turnover survey thats closely watched. Big stories this morning, investors putting money to work in the latest week. The u. S. Stock based mutual funds attracted 2. 5 billion. This reversal following 8 billion of outflows during the prior week. Also in global news a big test for greeks left wing Prime Minister today. A penalty for early retirement and expansion of property tax. Cleveland fed president is addressing recent assent among policy makers. They have had different views on Monetary Policy in the last week. This isnt surprising and is the result of what she is calling cross currents in the Economic Data. She argues the central bank is trying to be as clear as it can on its rational for policy. Esther, who is there . Esther george was but loretta is an old name isnt it . Like a classic name.