December 10, 2019

Five Things You Need to Know to Start Your Day
(Bloomberg) -- Want the lowdown on what's moving European markets in your inbox every morning? Sign up here.Good morning. The week rolls on towards several big events as hopes for a U.S.-China trade deal remain, the U.K. election zeroes in on the key issues and impeachment looms. Here’s what’s moving markets.Trade DealsThe clock ticks down another day towards the imposition of new tariffs on Chinese goods by the U.S. this weekend, though Chinese officials continue to express hope that a good deal will be reached in time. President Donald Trump’s agriculture chief also thinks China will be spared the new tariffs as the round-the-clock talks continue. On another trade front, however, the Trump administration and House Democrats are moving closer to reaching a deal on the new NAFTA agreement.Brexit and the NHSThe U.K. election campaign remains centered on the two issues that have been at the forefront throughout, Brexit and the National Health Service. Conservative leader Boris Johnson was put on the defensive by questions over a picture of a young boy lying atop clothes on a hospital floor, but his party remains firmly in the lead in the polls as we stare down the final days. For investors, the spotlight is on the pound, where investors are taking advantage of the low cost of betting on a rally and signals from technical indicators that have proved right in the past decade.BanksBankers at two of the world's top firms will be experiencing very different festive seasons. Morgan Stanley is cutting around 1,500 jobs as part of a year-end cull, a familiar sight among investment banks dealing with a slowdown in activity in the past year. Barclays Plc, meanwhile, is promoting people to managing director as it goes against the grain by seeking to boost the size of its investment bank. All in the shadow of a major investment bank revamp at HSBC Holdings Plc.ImpeachmentU.S. House Democrats are planning to level two articles of impeachment at President Trump on Tuesday over abuse of power and obstruction, according to people familiar. The Democrats appear to be heading toward tightly drawn articles of impeachment and once done, the Democrat-controlled House is likely to vote to impeach before the Republican-led Senate likely votes to acquit. Expect plenty of back-and-forth between Trump and lawmakers before then.Coming Up…Similar to Monday, Asian stocks remained in a holding pattern ahead of the Federal Reserve decision on Wednesday and, once again, European stock futures are providing little hint on the direction. A few pieces of salient data will arrive, including the ZEW survey of economic sentiment, industrial production for France and Italy and GDP numbers for the U.K. Earnings remain relatively thin on the ground, but we will have industrial equipment rental firm Ashtead Group Plc, often a good proxy for the health of the U.S. construction industry.What We’ve Been ReadingThis is what’s caught our eye over the past 24 hours. Germany’s now Europe’s biggest electric car market. Gold’s been on a tear and that may continue in 2020. Golden Globe-nominated directors are very male this year. WeWork’s co-founder is considering selling his penthouse. The “Fangirls” defending China from Hong Kong protestors. The space junk cleanup is set to begin. Bloomberg’s Jealousy List of the stories we wish we’d done.Like Bloomberg's Five Things? Subscribe for unlimited access to trusted, data-based journalism in 120 countries around the world and gain expert analysis from exclusive daily newsletters, The Bloomberg Open and The Bloomberg Close.Before it's here, it's on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. Learn more.To contact the author of this story: Sam Unsted in London at sunsted@bloomberg.netTo contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Related Stories
Latest News
Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Meet Queen Elizabeth II's Hunky Grandnephew Arthur Chatto
January 16, 2021
Rrd3p6_aAkQ
Archie Lyndhurst's Cause of Death at Age 19 Revealed
January 16, 2021
mf_pqB3oQYc
Prince Harry Is "Heartbroken" Over Royal Family Estrangement
January 16, 2021
sDhziu0ihGA
Andrew Zimmern Says Prisoners Need Better Food, Even Capitol Rioters | TMZ
January 16, 2021
sbz0nx1qST0
L.A. County Supervisor Enraged Clinics Throw Unused Vaccines in the Trash | TMZ
January 14, 2021
Upzfh-nEbq0
Drake Returns To Working Out, Looks Great! | TMZ TV
January 14, 2021
JlKeaD2mjoA
Kevin Feige on 'WandaVision' And The Future of The Marvel Cinematic Universe on Disney Plus
January 17, 2021
9AzttR4LaWg
'Promising Young Woman' Ending Analyzed By Carey Mulligan And Emerald Fennell
January 17, 2021
Rhj2RmWVup4
Golden Globes 2021: Best Drama Series
January 13, 2021
TrTjbEY6VQU
Mario Lopez, Tiffani Thiessen react to Dustin Diamond’s cancer diagnosis | Page Six Celebrity News
January 15, 2021
x4Hz209X0eg
Why 'Bling Empire' stars were skeptical to join the Netflix reality series | Page Six Celebrity News
January 15, 2021
3oHt4Cqr1J0
Bella Thorne defends Armie Hammer against allegations | Page Six Celebrity News
January 15, 2021
W0-pu9wJVkE
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians

Sports

Latest sport results, news, videos, interviews and comments
Latest Events
17
Jan
ITALY: Serie A
Inter Milan - Juventus
17
Jan
ENGLAND: Premier League
Liverpool - Manchester United
17
Jan
ENGLAND: Premier League
Sheffield United - Tottenham Hotspur
17
Jan
ENGLAND: Premier League
Manchester City - Crystal Palace
17
Jan
GERMANY: Bundesliga
Bayern Munich - SC Freiburg
17
Jan
ITALY: Serie A
Napoli - Fiorentina
17
Jan
GERMANY: Bundesliga
Eintracht Frankfurt - Schalke
17
Jan
ITALY: Serie A
Atalanta - Genoa
17
Jan
ITALY: Serie A
Crotone - Benevento
17
Jan
ITALY: Serie A
Sassuolo - Parma
16
Jan
GERMANY: Bundesliga
Borussia Dortmund - Mainz
16
Jan
ENGLAND: Premier League
Fulham - Chelsea
16
Jan
ENGLAND: Championship
Barnsley - Swansea City
16
Jan
ENGLAND: Premier League
Leicester City - Southampton
16
Jan
ITALY: Serie A
Sampdoria - Udinese
15
Jan
ITALY: Serie A
Lazio - Roma
14
Jan
ENGLAND: Premier League
Arsenal - Crystal Palace
13
Jan
ENGLAND: Premier League
Manchester City - Brighton
13
Jan
ENGLAND: Premier League
Tottenham Hotspur - Fulham
13
Jan
GERMANY: National cup
Holstein Kiel - Bayern Munich
12
Jan
ENGLAND: Premier League
Burnley - Manchester United
12
Jan
SPAIN: La Liga
Atletico Madrid - Sevilla
10
Jan
ITALY: Serie A
Roma - Inter Milan
10
Jan
ITALY: Serie A
Juventus - Sassuolo
10
Jan
ITALY: Serie A
Udinese - Napoli
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
zWJ3MxW_HWA L1eLanNeZKg i1XRgbyUtOo -g9Qziqbif8 0vmRhiLHE2U JFCZUoa6MYE UfN5PCF5EUo 2PV55f3-UAg W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k
Copyright © 2020 Feedimo. All Rights Reserved.