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Welcome to bloomberg surveillance. I am Francine Lacqua in london. We are also getting a cut of an Oil Demand Forecast amid the darkening of the travel situation. If we go straight to the markets and have a look at those, the story really is with these stocks, so yesterday, the stocks had quite a big move, and we are trying to figure out exactly what that means for the earnings forecast for the future. What else i am looking at is crude oil, as you see, 42. 56, after the iaea report, and the litmus test, in terms of risk appetite, gold at 1930. Are signs of faltering after stimulus talks in washington remain at deadlock. Now, lets get straight to the bloomberg first word news. Reporter hi, francine. A warning that a failure to control the pandemic is undermining the economic recovery. The boston fed president says americas over eagerness to reopen has backfired. He is c ....
The ibex on the flipside is weaker. Political unrest in spain. Ahead of the ecb meeting, here is where we are stacking up. 43 basis points. Gold at a low. Ecbd says david the will hold its policy meeting where mario draghi is expected to announce tapering decisions. Now, lets get an update on what is making headlines. Taylor shinzo abe gambled on early elections and won. That boosts his chances of winning another term. That could make him the longestserving leader. Investors responded. The increased role in the counterterrorism policy. The cia has increased operations in afghanistan. Joining to hunt and kill the taliban. Spanish authorities have rejected a call for negotiations. Day, i ams 24 hours a taylor riggs. Messy politics in spain will be the backdrop for the meeting. The theme is lower the amount and extend the bond buying program. From london, i want to get your take from the unrest we have seen from spain. Does it influence the ecb at all . At the moment, it will not be a key ....
Take a look at the u. S. Equity futures at this hour, youll see green arrows. S p look like they would open up 2. 5. Nasdaq just over 13. Overnight in asia the knnikkei s up. 25 . The hang sang up just about as much. If you take a look at the early trading in europe, at this point, the dax is higher. The cac is france is up. 80 . The ftse is down. 10 pkts. Strong over there. The scuttlebutt yesterday looking at it. I wasnt here in the morning. Adp was strong so the market was weak. There we go again. It was that, but also the idea with some of the chatter in the morning that, look, we already knew this number was going to be around this. A lot of it already baked in. Do you believe the fed will raise rates if its a strong number on friday. No. I need to see it. Who knows. Maybe they want i think they want to. Theyve cried wolf so many times. It wouldnt kill them to do a quarter point to reestablish credibility. Once a year you get quarter point. Usually its once every ten years. We got ....
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