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We welcome all of you to an onraordinary friday morning Bloomberg Radio and Bloomberg Television. It is jobs day. We will look at the state of this pandemic economy at 8 30. But we will also begin to see substantial count and returns from these key states of georgia and pennsylvania. Jonathan really tight races in places like georgia and nevada, tightening in arizona and pennsylvania. That is the focus for market participants. I would go one step further. Also a focus on the senate. A reporter a little while ago said it wouldnt be a blue wave, it would be a blue mist if we got a 5050 in the senate with a Biden White House. That would really change the story. Then youve got to reshape the narrative of the past couple of days that have been driving this market. Tom we will get to the data here as we move along. F ....
Matt well see what markets think of Donald Trumps speech and more importantly the fed speakers and we have a slew of fed speakers coming up this week. A lot of action could be driving these prices. You see futures up about half a per sent here in germany. Almost a full percent in paris and only about. 1 in london. Quite the spread there. Take a look at the bund trade here. U have investors driving off german debt. 0. 23 for lending your money to germany for 10 years, so yields are coming back up after hitting lows last week. Guy . Guy lets talk about whats happening in so many ways it was all about the fed last night and not about donald trump. The dollar index is up. That is dragging all the other paris down. Look at the pairs down. The yen is trading lower. The nikkei is trading higher. Going to be interesting to see how the European Markets get going. Look, the big story r ....
Retailer is struggliing as he says he cannot promise that things will get better. And big discounter offers stock at 21 euros per share. Good morning or good evening if youre in asia. We kick off with another set of data before the ecbs meeting tomorrow. Its the final pmis for may, final services pmi 53. 2. Its a tick down from the flash of 53. 5. It is still nevertheless the highest since june 2011. And it is higher. Aprils was 52. 1. The final composite pmi has come in at 53. 5, a tick down from 53. 9 which is the flash april 54. We did see of course the french number coming down just a little bit as well. The german private sector growing for the 13th straight month in may. Well break down that but of course another key bit of data ahead of the ecbs meeting tomorrow. Theyre widely expected to take action. How much, of course, is still to be decided as they will come back, euro dollar around the 1. 36 mark we were yesterday. Before that, though, lets talk about the g8. What was suppo ....
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