lieutenant governor kathy hochul. this is bloomberg. ritika: the battle is on over what the next coronavirus stimulus really will look like -- stimulus relief bill will look like. senator mcconnell unveiled the ill.ublican b the plan would reduce extra hasployment benefits, but $1200 payments to most americans. health officials imposed unpopular measures like closing bars and requiring masks. florida reported his fewest new cases in almost three weeks. texas had its lowest total in two weeks. now states wonder whether they can keep infection rates down until a vaccine arrives. china is buying american imports, but not enough to hit the terms of the trade deal, according to calculations based on chinese customs agency data. in the first half of the year, china bought about 3% of the total purchase target for 2020. purchases have stepped up in the last two months. the european central bank has asked that banks hold off on share buybacks at least until january. that is a blow to lenders who wanted to return to business a

later, kathy hochul of new york. up next, catherine mann of citi.his is "bloomberg surveillance ." ♪ jonathan: the equity market rally going global this morning, surging in china, positive followthrough for the u.s. session. from new york, this is "bloomberg surveillance," live on bloomberg tv and radio. alongside tom keene, together with lisa abramowicz, i'm jonathan ferro. two hours away from the cash open this monday morning, with equities elevated, up 36 points on the s&p 500. we advance a little more than 1%. elsewhere in the bond market, treasury yields bleed a little but higher, up to basis points , still10 year to 0.69% south of 70 basis points. just to round things out quickly , looking at foreign exchange, the dollar weaker against the bulk of g10. 9:45, pmi'sorning, in america. a final read for the month of june. a little later, the ism at 10:00 eastern. the nonmanufacturing ism coming up a little later this morning . -- thee akamai data economic data is going to be really interesting. it seems to me like third quarter kind of got out the

there,n: kathy hochul new york lieutenant governor. tom: ice hockey, jon.han: the most unnatural thing in the world, all seven feet of tom keene walking around the office in a mask. i still can't adjust to the vision. tom: ritika gupta said i had it on reversed yesterday. jonathan: i will put out an exclusive photo on twitter so people can get a feel of what that experience is really like on a daily basis. from new york city this morning, good morning. this is "bloomberg surveillance ." ♪ 49... 50! i found you! good job. now i'm gonna stay here and you go hide. watch your favorites from anywhere in the house with the xfinity stream app. free with your xfinity service. now any room can be a tv room. stream live tv, on demand shows and movies even your dvr recordings. download the xfinity stream app today to stream the entertainment you love. xfinity. the future of awesome. iredefined the wordng th'school' this year. it's why, at xfinity, we're committed to helping kids keep learning through the summer. and help college students studying at home stay connecte

that was lieutenant governor kathy hochul of the state of new york.oming up, we will sit down with wes moore, the head of the robin hood foundation fighting poverty who a powerful new book on policing and inequality in america. that is coming up on "balance of power" on bloomberg television and radio. ♪ david: this is "balance of power" on bloomberg television and radio. our stock of the hour is ba yer. just when i thought it had the round up settlement behind, the judge said -- here is scarlet fu scarlet:. i still think of byaer as a pharma company. it is really an agriculture company. it gets 12% of its sales from feet and 12% from herbicide. that is haunting bayer because it is trapped in a legal mess causing claims round up causes cancer. andcompany lost all three is appealing those cases. agreeing to bayer pay almost $11 billion. this week the judge who oversaw that litigation expressed doubt about one part of the settlement, which is bayer's proposal to deal with future claims. bayer will set up an independent scientific panel to determine wheth