marija veitmane from state street.ra: good morning from bloomberg's european headquarters in london. with manusehic cranny, live from dubai. manus: these are this morning's top stories. the death toll from the coronavirus climbs toward 500 with multiple cases of infection confirmed from japan to singapore. to pushuities continue ahead after u.s. stocks surged to records. house speaker nancy pelosi rips up the script during the president's state of the union speech. outperforming on his watch, trump claims. america's fortunes are on the rise and america's future is blazing bright. the years of economic decay are over. [applause] manus: and a beat, bnp paribas keeps pace with wall street peers in the fourth quarter, posting a jump in fixed income revenue. the cfo gave us his line on the impact of tiering. there is ampact -- positive impact, but there was also a negative impact. the other negative impact that happened in the summer, they don't have a contributing factor. nejra: welcome to "bloomberg daybreak: europe." mix

holger schmieding and marija veitmane.lobal economy, she says she's sticking with their u.s. growth forecast for this year. those comments coming up next. this is "bloomberg." ♪ lacqua.: i am francine tom keene is offer president's day. welcome to "bloomberg surveillance." policymakers were in broad agreement to hold rates. expects business dated to pick up later this year. >> i think the consumers that is holding up. the business side has been weak. we have had signs of stabilization on the manufacturing side, so that is a good thing. not was standing today's numbers. that is kind of the way the u.s. economy has been, the consumers that has been driving things. the business side, for a number of reasons, has been weaker. at that looks like it is stabilizing, too, and i expected to pick up later in the year. francine: we are back with holger schmieding and marija veitmane. holger, give me your prognosis of the world economy as seen through the u.s. is it in good shape? are we creating quality jobs in the u.s. or not so muc