kailey leinz and anna edwards both with us. am not saying go back to sleep because of the show or my cohosts, who are fabulous. i am saying it because we are dealing with a market that is assessing the risk of a never-ending pandemic. why won't it go away? kailey: when someone has the into to that question, please come here to "bloomberg surveillance" and tell us. it is were markable how things can turn on a dime. the can mike that i had slid five bets on the fed lifting off mid-2022. this morning, entirely different story. we are pushing those expect asians further out. -- those expectations further out. lisa: we are looking at oil prices falling, but then it is just one input. we are also seeing food prices increase and a whole host of other elation or pressures -- other inflationary pressures. do we greet these with lifting off? anna: indeed, what difference does this new variant make, if any? what difference does it make to the ecb, to the bank of england, with the ecb in mind? we're just hearing from the chief economist at

lucky to have kailey leinz and anna edwards in the seat with me today.like it to be boring. it is not boring. it is risk off. it is the recurrence of concerns about the potential resurgence of a new variation on the coronavirus. we do not know that much about it. this is the issue. we do not know how quickly it spreads. we do not know how much it can evade the immunity conferred by vaccines and prior infection. when we take a look at the biology of the virus, you can see it has the markers of potentially being different enough from prior iterations of this virus that it may have some of those characteristics. s&p futures down 1.7%. you are seeing the euro strengthened, which is the audit move out. the yen surging the most going back to 2020. 10-year yields, you are seeing yields going lower, price higher. the flight to safety very much on. 12 basis points lower on the 10-year. two-year yields also tumbling. 15 basis point move downward, two-year yield 0.49. people rethink expectations. goldman sachs bringing forward their expectation for rate hike and ac

i'm anna edwards. mark cudmore joins me in singapore to take us through the market action.trade is just less than an hour away. the hottest u.s. i print in 30 years ways on risk appetite. the s&p 500 falls the most in a month. big day today.

anna edwards and mark cudmore will walk you through that. this is bloomberg. ♪ anna: good morning.kets europe. i'm anna edwards live from london. mark cudmore joins me in singapore to take us through the market action. the cash trade is just less than an hour away. inflation concerns hit treasuries. yields pop after the u.s. holiday. wednesday's shock cpi print continues to ripple through markets. russian invasion fears.

tom: i just featured with anna edwards in london, amazon is the one that has come on and we see it with retail. it is a celebratory holiday season. it is for amazon and everyone else. kailey: it will be interesting to see how it translates into black friday or if a lot of people did shopping earlier. have seen people frontloading buying because of supply chains and the deals started weeks ago. tom: we are going to take an hour later this week. does anybody care about black friday anymore? kailey: about shopping? tom: you should survey your household. equities rebound off of friday. dow futures of 136. good morning, jon ferro, i did those were you. yield market, we will get to that across the morning with a lot of economic data loaded into wednesday there there is some economic data today. lisa: home sales expected to come out for the united states. interesting to see, what we see a dip? the expectation is it will decline because it is seasonal but will it be smaller than this time a year. how much of this speaks to the need for more supply, which speaks at 19% increase in housing we hav

i'm lisa abramowicz, alongside kailey leinz and anna edwards in london.om ferro, john keene -- john -- jon ferro, tom keene both off. what we are looking at this morning is a market in turmoil, reassessing all of the rate hike expectations, reassessing the reopening trade with the stay-at-home trades surging. everything else absolutely collapsing in the face of a new potential variant that could be more contagious. i am struck frankly by the shift in rate hike expectations at the federal reserve. kailey: a quick shift when we have been pulling over expectations of when the fed was going to lift off. we were looking at june of next year, now the market has pushed that further into 2022. it is a quick and stark reversal. i also have to wonder, it is just fresh off the thanksgiving holiday. a lot of people are probably off of work today. could this be a thinner liquidity kind of situation, or will we see elevated volumes? lisa: people are scrambling back to work. over in europe, this is the issue as we see immediate reaction in the travel sector. anna: the t

anna edwards spoke to the ceo, talking about consolidation and continuing demand.hat is a company that reported third-quarter ebit close to $7 billion u.s. bp coming in down 0.2%. they announced a $1.25 billion share buyback. standard chartered down almost 6%. did not raise the earnings outlook for the year. they expect income growth from 5%-7% for 2022. for more central bank action, let's bring in louise dudley, portfolio manager of global equities, hermes fund managers. thank you for joining us. what is your take of where things stand on the earnings picture, and whether we are looking at peak earnings given the backdrop of growth and concerns about inflation? louise: it is a bit more positive than people expected. expectations have come off a bit for september, and companies are coming in strong with fundamentals supporting some outlook pictures for the economy. yes, inflation, a buzz word. supply chain constraints coming in as well. people are seeing demand, that is pulling that through. people are dealing orders rather than canceling, so seeing strong demand f

. >> this is "bloomberg surveillance -- early edition" with anna edwards, matt miller, and kailey leinzs friday, november the fifth, our top stories, the rally pauses. a surprise bank of england decision tops central-bank news and now the focus turns to the u.s. jobs reports. today's data could reignite or dampen inflation concerns. after months of tension, the

i'm anna edwards. trading just less than an hour away. here are your headlines.ve from glasgow. the fed begins its two-day meeting. don't miss the hour's top lineup of guests. we

i am anna edwards live in london.ore joins me in singapore to take us to the market action. the cash trade is less than an hour away. here are your top headlines. inflation jitters. stocks fall as chinese data highlights the inflationary pressures building in the global economy. up next, u.s. cpi headline figures due out today may show the

i'm anna edwards in london. mark cudmore joins us from singapore.trade is less than an hour away. concern, not panic. president biden urges americas not to overreact to the new variant. moderna's ceo predicts vaccines will struggle with the

francine: a look at the energy crunch facing the united kingdom from bloomberg's anna edwards.t guest looking to tackle the power crunch. we are joined by simon morrish, ceo, xlinks. thank you for joining us. this is building a cable to get solar and wind power from morocco to the u.k. it is an exciting project, it depends if morocco is on board. simon: discussions with the moroccan government are positive. they are a great partner in this. we have all the land secured and export license done. morocco has enormous ambitions to be a green electricity supporter to northern europe, and they are a powerhouse. from the moroccan and we are in an incredibly good position. tom: what about the u.k. end? how are your conversations with the british government going? simon: we have further to go on the british end. we have positive engagement from the treasury. what we are asking them for is a contract -- this is for firm baseload power. what we are generating in morocco with battery storage in comparison to what was given for nuclear power. that is what we are asking the u.k. government.

i am anna edwards. the cash trade is less than an hour away. fed tapering insight.ion in bond purchase

with anna edwards, matt miller and kailey leinz. anna: 9:00 a.m. london, 5:00 a.m. and 5:00 p.m. in hong kong on this thursday, november 4. central banks at center. stocks are near record levels after the fed decides to taper stimulus and says it will be patient about raising rates. we will hear from the bank of england today. a tale of two banks. credit suisse expects a loss next quarter to capital has been a year to forget. socgen in france tops estimates as equities trading rebounds.

merce ceo sat down with anna edwards to discuss the demand outlook. >> we have a situation where thererong demand driven by consumer demand, first and foremost by american consumer demand but also a strong command in europe. on top of that we have low inventories around the supply chain so our customers are doing two things at the same time. they are trying to read strong consumer demand but also trying to increase their inventories. that is what is driving the strong demand flow for transportation right now. guy: maersk ceo talking to us earlier. let's carry on the conversation with logistics industry. gsl logistics coming out with numbers. it has upgraded its guidance. the company ceo is mark manduca. great to see you. let's talk a little bit about what is happening. i want to talk about the numbers and the background story. you have raised guidance. what gives you the confidence to do that? we are looking at a logistics industry -- is what we are seeing at the moment going to continue? you look like you will take advantage. what gives you the confidence that will continue to happen?

i am anna edwards.joins me from singapore to take us through all of the market action this hour. the cash trade is less than one hour away so here are your top monday headlines. not taking any chances, more countries restrict travel and impose tighter curves as omicron cases spring up around the world. the who urging caution, saying more time is needed to gauge the threat.

i'm anna edwards here in london.g today, wherever you are in the world. here in europe, we have european equity market open as usual, so let's get some guidance around risk appetite. we are up a around 0.25% this one. same on the ftse 100. the cac 40 on par with that. if we look at a sector breakdown, utilities are the best gaining sector across europe, so that gives us a sense of may be a lack of risk appetite as we are more than halfway through this european session. travel and leisure down by one put 3%, but still very much in the red. this is connected with the rules and regulation's around covid vaccine that have been proposed by the european commission. we will come to those in just a moment. that is the pen european equities story. of course, it is thanksgiving. it means that u.s. equity markets are closed, but u.s. futures are open, and s&p futures up i 0.2%. the euro-dollar up by 0.2%. and crude is fairly flat. we've got the german bund there as well. the filing of the traffic light coalition of three partie

i'm anna edwards live in london.es are on tesla's stock after elon crown sources what he should do with -- elon musk crowd sources what he should do with his 10% stake. beijing caps off its biggest policy meeting of the year. and back in the

mark will be joined by anna edwards for the bloomberg market europe next.s is bloomberg. >> good morning, welcome to bloomberg markets europe. mark cudmore joins me from singapore. here are your top headlines. joe is still deciding on fed chair. the president ruled out other contenders. embracing

. >> joining me now, anna palmer, former maryland congresswoman donna edwards and tara satmyer, lincoln doesn't want to be there in front of the supreme court protesting in favor of gun control laws and trying to -- praying that the supreme court doesn't do what at least from the arguments it looks like they're doing. on capitol hill are there any discussions happening right now about federal legislation to do anything related to guns, background checks, anything. >> yeah, it's been a hallmark of my entire career for 15, 20 years where there appears to be movement on this issue. it quickly pulls back. right now when it comes to these really crucial issues, gun control, voting rights, abortion, there just doesn't seem to be any appetite on capitol hill to take it on. that has stopped. really at this point, as long as the filibuster is there, it's hard to see any movement the democrats are going to have -- we're going to jam through a lot of stuff. this is element one. we'll switch gears and talk about the kyle rittenhouse trial which is mind boggling on so many levels. just have a -- wat