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Headwinds remain. Welcome to bloomberg surveillance. I am Annmarie Hordern, in for Francine Lacqua in london. Fall to 46. 2, the forecast was for 46. 7. Manufacturing pmi 54. 4, forecasted 53. This,e were expecting given what happened last month, and france and london, and they were just talking to anna about this. The risk to the Service Sector employmentek, 75 of in the eurozone, so the services are where things will be much softer. A bit of a friday feeling on the euro stoxx index, especially for banks and autos. We are poised for a weekly decline, the worst in a month. S p 500 futures have been drifting between negative and positive territories the entire morning. Eurodollar 118, a little bit from euro versus the dollar. That is your market check. Now lets get around the world with first word news in london with l ....
To. Make up your mind to the good. For minds. Germany braces for fresh lockdown restrictions for the month of november the countrys finance ministry plans to spend up to 10000000000 euros in 4 weeks to help affected business is. Mounting waste may be an unwanted byproduct of technological innovation but innovation can help put those those piles from getting even bigger to really take you to nairobi. Also on the show called the belgian conference para may need to be a huge market as negotiations over a trade deal between britain and the e. U. Are in the well less than fruitful. This is the w. Business im joined on in brylin thank you very much for watching germany is preparing for a socalled law down lights starting monday next week bars and restaurants will have to close that means a fresh coronavirus aid will be needed to prop up affected businesses thats still being discussed in germanys cabinet but the plans would cost 7. 00 to 10000000000. 00 euros over a 4 week period but that sti ....
Smart new solutions oberstein said you know what on earth is truly unique and we know that their uniqueness is why the wows us to live and survive good my dear as the Environmental Issues seem global 3000 on g. W. And on. Germany braces for fresh lockdown restrictions for the month of november the countrys finance ministry plans to spend up to 10 a 1000000000 euros in 4 weeks to help affected business it. Amounting waste maybe and unwanted byproduct of technological innovation but innovation can help put those those piles from getting even bigger to we take you to nairobi. Also on the show. How the belgian conference pair may need to beat you market as negotiations over a trade deal between britain and that you are in the well as the proof of. This is the w. Business im going on in berlin thank you very much for watching germany is preparing for a socalled lock down light starting monday next week ours and restaurants will h ....
I see london, i see france, i see you in your underpants i always hated that diddy when i was a kid but you know what . It perfectly describes todays actions. Sellers caught with their pants down tipping just. 15 . Yep, this morning investors saw london and they saw france, not to mention milan and madrid. Specifically the europeans getting hammered as covid back on the continent they figured wed import those losses from europe so they furiously sold their stocks to get out ahead of the weakness. Many of these jokers probably trading in their pajamas the feet with the dr. Dentons. Panic pretenders here dumped shares at a 10 1 ratio, meaning there were 10 shares for sale or down for every 1 share someone was trying to buy. Now the late, great mark haines, one of cnbcs finest, always used that 10 1 ratio to call bottoms, including the generational bottom that he nailed in march of 2009. When the ratio sellers to buyers is 10 1 hed say you have to hold your nose and buy because that kind ....
Critics say he failed to deliver on most of his promises. One of chinas biggest conglomerate says it is optimistic despite divisions with the u. S. From the boss involved. Shery we are getting Industrial Production numbers from the month of july in south korea falling. Missing estimates it would only fall by around 2 . We also have the month on month numbers. A gain of 1. 6 . That is missing estimates it would rise more than 2 . This is also a deceleration in gains when it comes to those numbers from the previous month. We do have the outbreak in south korea worsening. Virus pandemice within south korea and overseas. The numbers are not that surprising. Improvingn numbers and the slump easing for the past three months. When it came to the numbers in august, we saw the number starting to deteriorate. We are seeing those Industrial Production numbers missing estim ....