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To challenge records. Eu finance are set to meet today. Italy lays out fresh restrictions. Chancellor merkel urges germans to follow the rules. Bmp bounces back, the french Bank Benefits from volatility. A bullish tone on the numbers. If you look at the bottom year ago, andus a nine months, it is ahead of the target we gave for the outlook for the full year of 2020. We are under one hour until the start of cash equity trading. Good morning. Lets look at futures. Some real strength coming through futures markets sees the european picture up 0. 8 . If we look at the u. S. , we get a similarly positive picture. He saw strength yesterday. We have not erased losses from last week. The coronavirus is still very much with us. Yesterday the u. S. Equity markets recovered to some extent, and in europe, the cac 0. 2 . X up by today we see more of that positive trend. We can see positivity coming through in the asian session. Japan is closed, ....
Fastest pace in three months. I think probably the fed needs to be here, but the october number is the one you want to look forward to. Lets get the totals of what we learned today. It is kind of a good news, bad news day in terms of the economy for some we have had one good, one bad, and michigan is kind of neutral. Retail sales of 1. 9 in the month of september, much better than the forecast and much better than the. 6 gain the month before. Retail sales, ex autos also big. Car sales were strong during the month. And then we look at the control group, the part that goes directly into gdp, and that was percent inly up, 1. 4 august. In august it was down by. 3 . A significant boost for retail sales in the u. S. Economy in september. On the other hand, that news on the manufacturing side, Industrial Production falls. 6, a lot of that because airconditioners were switched off, utilities went down. When youre factoring product ....
Breakthrough could happen any minute. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The focus of courses on the markets, because we are expecting a lot of earnings, banks, roche coming out, and later, u. S. Stocks. Poundlso looking at the on the back of the selfimposed brexit deadline. If you look at some of the earnings, they reignited a bit of concerns about the number of cost cuts and job cuts. Time, you can see european stocks down 1. 7 . Now lets get to the bloomberg first word news. Here is leighann gerrans. Hi, leighann. Leighann good morning, francine. Disappointed by the slow brexit trade talks, and a call with eu leaders, he said he will decide after this wiis key summit if it is worth continuing to work for a deal. He previously indicated the u. K. Will walk away if no agreement by october. Germany is still optimistic a deal can be reached. Always the right way to discount ....
Bring it to you live. In the meantime, we want to go to bill martin, our chief meteorologist, to talk about the weather conditions, and they are getting at least a little bit of good news here, bill. Yeah, a little bit of good news. Yeah, my camera is a little off balance. Ill tell you watt, let me fix this right now. Yeah, hat should be better. The air quality is pure right now. But the fires are still mainly terrain driven. The weather is not really driving these fires. Its really about so many fires having started, and cal fire not having enough resources to respond to almost 13,000 lightning strikes. So with over 350 fires in that first string. So were seeing good containment each day, and thats how its going to continue. And now i think weve got a live press conference. Just wanted to bring everybody up to speed, after the weather came through yesterday, and we found ourselves here getting wet last night, over the courts of the evening, across california, the cal fire confirmed th ....
Expiring ones. The dollar index in weakness, 1200 right now and continues to slide down over the past four weeks. The dollar moving average 200 day the lowest average in recent weeks. Citi says looking at a 30 possibility that gold will get to 2000 an ounce in three to five months. Stocks rebounded yesterday after slumping 5 . China up 1. 3 , turnover has receded from its highest levels since 2015. The hang seng up 1. 6 , biggest increase since july 6. Tencent adding 5 . Alibaba is the one to watch, surging 5 . Ant financial look at where we are in terms of the Southeast Asian markets. China up by 0. 5 . Sti up 0. 7 . Theaad we also have European Union leaders running a policy marathon as there planned two day meeting to pass a massive Recovery Fund. In the u. S. , republicans and democrats are starting to hammer out a b ....