Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance. Dont miss our interview with loretta melzer talking inflation and treasuries. First, lets get straight to first word news. Waller and judy shelton are present trumps latest nominations to the Federal Reserve board. Of researchrector and was the professor of economics at the university of notre dame. Shelton is an informal adviser to the president and spent decades outside mainstream economics. Her unorthodox views could attract opposition. The Trump Administration abandoned its hardfought battl
i am francine lacqua here in london. a lot going on in the markets. of course we will continue to follow credit suisse after the resignation of tidjane thiam. downside,it to the but starting less than they were at half an hour ago. u.s. jobscus on report today for any indication earlye could have seen signs of the virus impacting u.s. economy. we are not expecting anything on that. it is actually quite backward looking, but we do follow any corporate news to see whether they lower their forecast because of what is happening in china. we had burberry do that earlier. renminbi.e let s get straight to first word news with viviana hurtado in new york city. viviana: we begin with the coronavirus. the chinese doctor who warned about it back in early january has died. . weeks ago, he was visited by police and sanction for rumormongering. his death is now one of the 630 plus now reported. the number of coronavirus infections climbing to more than 31,000. beijing is lashing out at cou
the death toll rises. the government expands its lockdown to 30 million people. plus, the chief executive with power. good morning, good afternoon, and good evening, everyone. this is bloomberg surveillance . i am francine lacqua at the world economic forum in davos. july,s for the month of actually, the month of january, services following the 52.2, the forecast pretty much in line with expectations. are your go, there markets, these dog gaining, you re a 10 year yield at 1.75 the euro 10-year yield at 1.75. christine lagarde spoke to me earlier this morning. ms. lagarde: if markets are interested in what is happening in the next 12 months, we should not pay too much attention to the strategies, because we are conducting two different exercises here. we will have our monetary policy access met and review, as usual, every six weeks, we all get together, we look at the numbers, we look at the markets, we look at the views of the citizens, in terms of inflation expectations