A full week of election coverage. The dollar first. U. S. Stock futures are higher after the fbi cleared Hillary Clinton of committing a crime as rival donald trump implored his followers to overcome a rigged system that he said protected clinton. Joining me is a London School of economics fellow, the author of desperates accomplice. Michael mckee also joins us with all the news that matters. He will talk trade and brexit with the ceo of britishamerican business, Jefferies Group shock, as well. Lets get straight to the bloomberg first world news with nejra cehic. A Third Quarter before hsbc, adjusted pretax profit, which excludes onetime items. It rose 7 from a year earlier to 5. 59 billion, ahead of estimates of 5. 29 billion. It was helped by stuart sullivans costcutting plan. Ukip Prime Minister theresa may is in india to lay the groundwork for a postbrexit trade deal. The following pictures contain flash photography. May has promised to smooth the path to the u. K. For indias wealthiest investors. She unveiled what she called a bespoke fasttrack visa service for High Net Worth indians and their families. She promised quicker border checks for all travelers from the country to britain. The house of commons holds its first fullscale debate on brexit later. Attorney general Jeremy Wright will appear to answer questions about last weeks High Court Ruling that the government must hold a vote in parliament before triggering article 50 of the lisbon treaty. China has ruled that anyone who supports independence for hong kong cannot hold public office. The decision by the National PeoplesCongress Standing committee was only its second unilateral interpretation of hong kong law since the former british colonys return to china in 1997. Police coupled with protesters in the runup to the decision as thousands of people took to the streets in support of two proindependence legislators. China has replaced the finance minister. According to the news agency, the new top finance official is a 59yearold who has worked for three years as vice secretarygeneral of the state council and an important aide to the premier. Global news powered by more than 2600 journalists and analysts, i am nejra cehic. Francine we are here in new york because of the elections. We have to look at what the markets are doing over this clearing from the fbi. European shares rebounding. Markets rebounding after their worst week since february. The fbi reissuing its assertion that candidate Hillary Clinton did not break any laws in her handling of email. We are clearly in a selling mood. Gold is down 2 . When you look at the s p 600 over in europe, we are gaining a touch. The mexican peso, 18. 6. You could always see a reversal. Frome only 17 hours away the election. As the president ial campaign enters the final day, the fbi decision to stick by its finding that Hillary Clinton did not commit a crime as secretary of state has roiled the markets. Here is what the candidates have been saying over the final weekend of campaigning. Mr. Trump right now, she is being protected by a rigged system. 650,000ot review emails in eight days. You cant do it, folks. Clinton is guilty. She knows it. The fbi knows it. The people the people know it. To the American People to deliver justice at the ballot. Mrs. Clinton i want us to have an ongoing discussion about how we are all going to contribute to making our country all it should be. That americase best years are still ahead of us, if we all do our part. [applause] and i think it is fair to say, after all the months of this campaign, my opponent has a very dark and divisive view of our country. Francine those were the two candidates. Ryan is the fellow of comparative politics at the London School of economics. He is in london. And here in new york is bloomberg editor Michael Mckee. I want to show very quickly, if we can, the electoral map. This is what people are watching. Lets bring it up. I have it on my bloomberg right now. This is the u. S. Election special. If you are a terminal user, go to lxgo. It looks very red, but it depends what votes they get. Michael the polls have Hillary Clinton ahead in most firewall states. You can see where we have gray boxes. In many cases, those are considered too close to call. Right now, pennsylvania definitely is in the clinton camp. So would michigan be. Nevada early vote totals, about have alreadyns voted. According to the experts in nevada, she has an almost insurmountable lead. There is going to be more blue on the screen than people think. She is, at this point, unless the polls are wrong, poised to win. Francine if you look at the fbi clearing Hillary Clinton, i was watching u. S. Coverage yesterday, and i do not know if the voter is that sophisticated, or whether they just a maybe there is a concern with an issue and i do not want to vote for the old establishment. Will it actually impact, like it has impacted the markets, the voters . Aren the people who hesitant to support Hillary Clinton will likely come back to the democratic full. This was a mistake for james comey to have sent the letter a week ago, politics this close to the election. The whole thing was a debacle, and nobody should praise his handling of the situation. Last week, he sent an email saying, there are no emails, and we do not know what they say. It sent clinton tumbling in the polls. As most people predicted, these were duplicate emails. This was all for nothing. Leadmaged Hillary Clinton over what turned out to be a wild goose chase. I think she does have a solid lead in the states where she needs to win. Francine we were talking on her with mike and i want to ask him this question in a section in the second. Do you think there are silent aumpers, where we could see Brexit Effect were at the last minute people come in and vote for trump . Brian i do not think so. There has been a huge amount of analysis by pull through his, and they looked at Response Rates for online polls and phone polls, and you tend to see what is being called the shy trump effect, as if people would not respond to live callers would not say to another person, i am voting for them. That we have not seen a stark split in the polls, i do not think there is evidence for this. What were seeing is a hispanic wave. Latino voters are coming out at unprecedented levels, likely to repudiate the politics of donald trump. That is likely to be more of a concern tuesday night for the Trump Campaign than shy trump voters or inhibited white voters they keep talking about. Francine do the next couple of days actually matter in terms of the undecided voters . How many are there . Michael not really. There is a frantic effort by the candidates to go state to state to figure out how they can get one or two more votes out of them. You probably do not get a lot. This election, people made up their minds quite some time ago. There has not been a lot of movement in the polls. You get a little bit every time there is a new story like the james comey letter. That had an effect on some of the national polls. But Hillary Clinton, for most of the year, especially since the conventions, has been ahead by 3 or 4 , and she is ahead by 3 or 4 right now, depending on what paul you look at. The polls have been relatively said relatively consistent. The hispanic vote, from the early vote totals, it does not seem to be any indication of a hidden trump vote. The people who demographically have been supporting him have been coming out in about the percentages the polls suggested. The only outlier the hispanic vote is way up. The africanamerican vote is down from 2008 and 2012, but you would sort of expect that without the first black president running this time. Francine what are the five states you are looking out for . There is a concern because the markets are calling a clinton win, they get it wrong. Michael there is always the problem with the polls. You are concerned they will be wrong, that some of the polls seem to be matching up with what the early vote totals are showing us. You have got to watch florida. That is always the big, controversial state. The early vote totals have clinton ahead, but only by a few thousand votes. It looks like that will stay very close. Watch North Carolina. That is a must a linchpin state right now. If North Carolina goes for clinton, it is going to be very hard for donald trump to win. Pennsylvania another firewall state. He has looked to win that. He is behind in all the polls. They do not have early voting there, so we do not have data from that. New hampshire has been very close. There was some thinking that if she lost that it could be trouble, she seems to have picked up votto. Picked up nevada. If she wins in the midwest, it is going to be hard for trump to find a path to victory. Francine thank you so much, Michael Mckee and brian class. Both stay with us. We will get on to move on the markets later on. Stay with surveillance. Parliament holds its first fullscale debate on leaving the e. U. , we will discuss how business is planning for brexit. Plus, ahead of its final full day of campaigning, before the polls opened, we bring you the latest analysis from our panel of just. A jump in profits for europes largest bank. We break down the numbers from hsbc. Francine this is bloomberg surveillance, live in new york. If household its first debate on brexit. Jeremy wright appears before lawmakers to answer questions about last weeks High Court Ruling that the government must hold a vote in parliament before triggering article 50 of the lisbon treaty. That is as theresa may reiterates that her government has a strong legal case to appeal the ruling. For more on how british businesses are dealing with brexit uncertainty, i am joined by jeffrey grimshaw. Thank you for joining us. It looks like a bit of a mix. We start another leg of uncertainty for britain. What do American Companies based in the u. K. Tell you . Jeffrey continuing uncertainty, and that is not great. Uncertainty on uncertainty. Last weeks ruling does not help. There was already uncertainty and this probably makes it more complicated for the government to deliver on their promises. Meanwhile, businesses are coming to think into what the future shape of their businesses will look like, whether they can access the same talent, whether Market Access has been damaged. That obviously has an effect on confidence. People are naturally thinking about what they are going to do about these things. Manyine i wonder how times you have been asked this since thursday, that brexit will not happen. Is this looking for a sense of security . Jeffries there is still a lot of political conviction behind the following of the referendum vote. That political conviction, particularly in the governing party, has not changed. You have to say the path to brexit got more complicated last week. There must be some doubt that in the end you could deliver such a complicated set of circumstances. They must be thinking, that just proves the point. Politics is still pretty sure of the outcome. Question, whether you can deliver that on the timescale that article 50 would want, and more broadly. Our business is thinking of leaving london . It is unclear whether they move somewhere in europe. States,move back to the even if they have a trump penalty . There has been no apocalyptic march for the exit. People consider their business footprint. They look at all kinds of things from access to talent, access to markets, to even motivational aspects of, how do people feel about working in a place that does not seem to want to be as open as it had been before . No march for the exits, but lots of Detailed Planning as to other potential ways of doing business. I think we have seen that not just in the banking community, but more broadly, where currency, access to talent, market rules all play their role in thinking about future business footprints. Francine the fall in the pound must tell. If you are a north american company, if i add a next her 50 million at this point, i get more from my money because of the rolling pound. Jeffries certainly, currency is a factor. But we have seen in some supply chains that where you are flying things across borders to put into your process, that can have a negative effect as well. Currency can work both ways. Broadly, sending stuff out of the country, you are going to win benefits from that. Whether that is a longterm benefit, i think most investors do not make decisions on the basis of a medium more shortterm currency movement. Broader looking for things they really need to have right for confidence in a place of business. Francine there is something we were discussing in the newsroom, whether it is stock power what is one thing that would make your ceo jobs easier . If you are american british, do thinksd reassurance that about trying to have access to a single market, or is it a little bit softer . Jeffries that is a great question and a difficult one. I do not think ceos are really looking for that at the moment. I think that really thinking about what they are going to have to do about it they are not going to get the certainty they are looking for. That is not great. It is what it is. Ofuess that any suggestions a real and bracing for the need for talent would be very welcome. I think that is more likely to be helpful than trying to guess their way through, on the governments part, of what may or may not be the passporting availability, or the availability of markets through passporting. The migration thing i think is the thing we have most been surprised by, that we really do need talent to drive the innovation economy. If you are going to respect that, that can be a real blow. Soft language of on talent and access to talent would go a long way. That is right up against migration. But you can see that would be very helpful. Francine i certainly can. Jeffries briginshaw, ceo of britishamerican business. The world counts down to tomorrows u. S. Election, we ask how and if the u. S. President will be able to heal the divided nation. We are talking u. S. This is bloomberg. Francine this is bloomberg surveillance. It is time for the morning mustread, and we pick up something from the ft. He says we are on set in london. My guest to talk about u. S. Politics, brian klaas, and also jeffries briginshaw. Brian, you have an important piece coming out on reconciliation. What does happen depending on who wins in congress . Brian i wrote this piece for Foreign Policy, and it says we need a reconciliation plan modeled on postconflict reconciliation. It is that bad in the u. S. Right now, where democrats and republicans cannot talk. If clinton wins, she needs to do something bold. I would suggest she should appoint a republican lawyer to head up her white house ethics advisory council, to make clear to everyone that she wants to be the most transparent politician in american history, and the whole listening sessions in deep red areas. These people feel left behind, and they need to have a reason to buy into the political system. If they feel shut out, they are not going to work with the system. They are going to work to undermine it. Francine re surprised we have not talked that much about politics . We understand how each candidate is. But there are certain points we find out more of, this is fiscal spending. We know how much Hillary Clinton wants to spend. We do not exactly known donald trump. This is debt to gdp under different administrations, since the 1970s. What is one thing you need to understand about the u. S. Election . It can be about the environment, but why have we focused so much on personalities and not policies . Jeffries i think it is a good question. We need to wait and see when the rhetoric peels away. Owing back to the point about bipartisanship and whether there is a middle ground that politics can discover, i agree you have to find a new narrative. You have to build behind that. You have got to hope the Republican Party thinks its way through its current divisions, and can be confident in itself enough to know what it wants, and to build a basis for the kind of congressional you talked that about. But why are we where we are . Many questions. Peel away the rhetoric and look at the programs and see what legislative agendas would materialize. Aan see a sense centerleft agenda materializing from clinton. Question for business would be whether that is a practical one rather than a rhetorical one. I think it is packed, whether the chances of structural tax reform come through. That seems to be unlikely, etc. , we hope,c peels away to a pragmatic, sensible approach. Francine i have another chart, poverty rate under u. S. President s. Poverty is not the same as incomequality inequality. Which president is better for poverty . Brian i think clinton takes property solidly and i do not think donald trump does. He has managed to coopt deeply impoverished americans with racially divisive politics, and those people are buying into his candidacy, which is ironic because a lot of his policies on taxes are giveaways to the wealthiest in society. I think linton is the clear choice for people who are voting in their economic interest, if they are the victims of harsh economic inequality. I hope that whoever wins is able to fix that problem. It is a deep problem in the United States. Thank you for joining us. Brian klaas from the London School of economics stays with us. These are your markets. Francine this is bloomberg surveillance. The. Its a Third Quarter has risen to 5. 9 billion. Europes biggest letter was helped by costcutting. The uks Prime Minister is in india to lay the groundwork for print brexit trade deal the following pictures contain flash photography. Foris smooth and the way indias wealthiest investors. For hig