Good morning, everyone. This is bloomberg surveillance. There is quite a lot of going on in the markets. It is what is happening with crude oil, 59. 21. That is nymex. Brent is much higher. We have to look at some of the prices at nymex. It is having a huge impact across the board. We are seeing stocks relate to oil price as well. If we have a look at the airlines that have been impacted. Lets get that board up, ryanair down 2. 7 . Bp worried about possible shortages. We will have a lot more on the story. A lot more on the barranco attack. Get to thets bloomberg first word news with viviana hurtado. Viviana would begin with Boris Johnson. A law would stop him from forcing through a no deal brexit. We have been told he will reject any deadline extension. Ahead of the Prime Ministers first negotiations today with European Commission president. Over to hong kong, this we can protesters set fire to a subway station. Police hit back with tear grass and Water Cannons. It is now into its four
Thought. Meanwhile, the president faces pushback from the chinese for those business deals with taiwan. The chinese are vowing to push back with tariffs of their own. The tier four continues. The Business Community against those tariffs. Strongsident setting the Economic Growth market despite fed policy. David we will turn back to china in a moment. Will the president have one less soldier in his army for the tariff war . That is wilbur ross. Facingwilbur ross questions, according to nbc news, questions about his future following reports of the senses question the census question. The president thing the commerce secretary should try to get that no matter what. This is one of those issues that the Business Community is at odds with the administration over. Their apprehension over the Citizenship Question being added to the census because of how it would impact their ability to make economic forecast. David thank you so much for reporting from the white house. Lets turn to Damian Sassow
Lets quickly check on your data. Overall, european stocks seem to peaks. Ing for two year the Dollar Strengthening and u. S. Treasury yields are inching higher as President Trump arrived in korea for a two day visit. Nejra in washington, the house tax Money Committee began four days of work to hammer out the details of the republican tax cut plan. House republicans adopted a package of changes, including a measure to limit the socalled carried interest tax break. This promoted serious reactions from democrats. U. S. President donald trump has vouched for saudi arabias leadership after the anticorruption crackdown. He tweeted, i have great confidence in king salman and the crown prince of saudi arabia. They know exactly what they are doing. Fourl, 11 princes, ministers and dozens of former ministers and willem businessman were taken into custody. U. K. Retail sales fell the most in seven months in october, indicating caution amongst consumers weeks before the crucial Christmas Shopping
It is monday morning, time to look at your data and what it is telling us. There is a little bit of a rally european stocks. Oc crude is the story of the day 48. 93. The nymex is up the tory government, after the weeks we had from the labor manifesto, the pound 1. 2924. We will have more on those equities rising in the optimism surrounding the Chinese International spending plan infrastructure, but first lets get to the bloomberg first word news. An unrivaled global cyber attack will continue claiming victims today as people return to work. Even after hospitals and other facilities gains the upper hand against the malware, it affected organizations and businesses, including the National Health service, russias ministry of interior and nissan. Saudihas jumped after arabia and russia said they favor extending Oil Output Cuts through the end of the First Quarter of next year. The Energy Ministers of the Worlds Biggest Oil producer spoke at a joint News Conference in beijing. We have to th
Into the terrorist attacks. This is bloomberg surveillance. I am Francine Lacqua in london. It seems pretty clear that there seems to be a risk off mood. The haven assets are getting quite a big bid. I want to start with the pound, but it is more of a dollar story with equities retreating in general and investors turning cautious following the sevenweek search, with oil fluctuating. On the oil story, we will talk about the saudi story. 2. 16. 0 year yields, lets get straight to the bloomberg first word news. Reporter we start in australia, where Islamic State has claimed responsibility for a hostagetaking in melbourne that left a gunman and one other dead and three Police Officers injured. 29yearoldt the after he fired a police with a shotgun. He had taken a woman hostage that he had arranged to meet from an Escort Agency and is believed to have killed the building receptionist. The white house has insisted that President Trump is not picking a fight with the london mayor. He criticize