i am tom mackenzie. santa rally. u.s. stocks hit an all-time high on optimism omicron will not hamper the recovery. market study amid fears of trading. united and delta airlines cancel around 200 christmas eve flights due to personnel shortages. gas prices plunged as more ships carrying u.s. lng race to the continent to offset russian supplies. good morning on this december 24, 2021. let's check in on the markets after another record stateside on the back of easing concerns about omicron and the severity of that variant and also more solid data coming through from the u.s. in terms of jobs numbers, durable goods, even though there is caution about consumer spending and how inflation continues to eat away at households drive power -- dry powder. europe is moving with the caveat volumes and liquidity's are thin. markets like germany, italy and spain closed. gains are range bound across the stoxx 600. euro-dollar at 1.13. sterling is at 1.34 and brent crude is lower by a little over 1%. wti not trading in th

. ♪ >> i'm tom mackenzie in london. these are your first word headlines. the u.s.old a third round of talks next month. the plan was revealed after a 50-minute phone call between president joe biden and vladimir putin. the president said he was satisfied with the talks. biden called on russia to de-escalate tensions with ukraine. avoid cruise travel even if you are vaccinated. that is the latest warning from the cdc. they have been raised to the

i'm tom mackenzie in london, here is what is coming up.

prediction number seven about chelsea winning the european champions league in 2022, but i fear tom mackenzieer speak to me again. so let me ask about dollar. mark: i guess consistent with the thinking that we've got here around sort of outperformance of the u.s. economy, we think we are in a world where the dollar continues to do pretty well. certainly over the course of the next few months, looks like the dollar should have more of a bid. at some point, if we are seeing sort of more strength in the rest of the global economy, i think that's where the dollar may start to peak. we do think it could get below 1.10 against the euro over the course of the next couple of months so i continue to like the dollar against the euro. tom: mark dowding, bluebay asset management cio. stay with us. this is bloomberg. ♪ it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. only comcast business' secure network solutions give you the power of sd-wan and advanced security integrated on our activecore plat