u.k. is down 30%. the u.k. is still facing travel bans from germany and france which also supports the underperformance. that said, this was still the best week year to date prissy capacity but with further news from omicron, it seems there is more downside ahead. dani: downside there but what is priced in? how have markets responded to this turbulence? >> markets -- a month ago when we learned of omicron, there was a huge selloff in the airline sector. after a preliminary study says just did omicron cases are less severe, the sector had positive reaction. the picture is more mixed. yesterday, i spoke with director at jail less and -- at jls and he explained this is a really difficult time at airlines facing cancellations. typically, holidays are when families get together and airlines rely on that foreword booking for the holidays and bookings. and with more negative news flow, it looks like airlines will face a third summer of disruption. dani: goodness, i know everyone wants to get to somewhere sunny. laura

and the u.k. sort of dealt with that suggests that there might be some differences this time around. take us through what those might be. >> yes, so definitely, so i think in the late spring and early summer, the u.s. and the u.k. were in very similar positions, but for different reasons. the u.k. was coming off the delta surge. the u.s. was beginning their delta surge. and they handled it in very different ways. because at some point the u.k. was also going up in cases, but then freedom day came, and july, and at one point, they were very, very similar, but the u.s. said hey, i'm seeing these cases go up, even though a large swath of the population is vaccinated, i think i'm going to put a break on our reopening, and maybe increase restrictions a little bit, in california, new york, and some of the more populous areas, there were mask mandate, events were scaled back, and people hunkered down a little bit, there was never any lockdown, but certainly a very, very different response. >> and then on

the u.k.'s biggest airlines call for increased support as travel restrictions then to upend the season. that's next. this is bloomberg. ♪ francine: welcome back to the open, 20 minutes into the european trading day, where in a wait-and-see mode. the dax gaining .4%, the euro stoxx 600 gained .2%. a big week for central banks, and all we have 20 central banks, the fed, the boj, the boe, the ecb, they make up 50% of the world economy. we are watching 10 year u.s. treasuries because if the yield curve continues flattening it will be tougher for powell. again we also had a lowered outlook on turkey from neutral to negative, 14.4. the u.k.'s biggest airlines have asked the government for economic support as travel restrictions third into upend that christmas travel season for a second year. british airways and ryanair wrote that they are deeply concerned about the haphazard and disproportionate approach to travel restrictions. i do kind of feel bad for the travel sector as a whole, because they ju

. >> u.k. health service warns of significan pressure in the coming weeks as covert infections reach a new high. >> staff that are at work will be caring for more patients, trying to do more to cover for their missing colleagues, working extra hours, starting early, finishing late. the pressure will be immense. >> and goodbye to a golden girl. the american actress and comedian betty white has died just weeks before her 100th birthday. ♪ >> let's take you straight back to those live pictures from athens with fireworks over its most famous landmark, the acropolis, marking the arrival of 2022. the omicron variant of coronavirus has become the dominant variant in greece barely a month after it was first detected there. as such, there has been a curb of christmas and new year's festivities in public places in common with many parts of the world. but these fabulous birx still lighting up the sky above the acropolis -- fireworks still lighting up the sky above the acropolis with hope of a better yea

u.k. it was the health secretary over the weekend, pressed on whether there would be further restrictions around rapid increases it in omicron and major incidents declared in london. the spanish ibex down to my 5%, the cac 40 down to percent, heavy losses. but volumes possibly light as we lead to the christmas period, the last week before the holidays. let's check in on the cross assets and see how things are playing out in terms of the u.s. stateside. as investors why you what looks like to be a weaker physical impulse out of d.c. next year, the future stateside pointing to the losses of more than 1%. yields are lower, 1.6 percent, dropped by more than three basis points. and commodities, particularly the oil space under pressure amidst increased restrictions, germany following france, banning u.k. nationals from traveling, lower by 3%. the turkish lira back and focus again, below 17 beneath the u.s. dollar, president erdogan saying further cuts to interest rates on the cards as inflation

we are seeing more restrictions in the u.k.. cases continue to climb. the u.k. now reporting 58,000 new covid cases as of today. are we going to have a repeat of 2020, where we all stay at home, we all buy a lot of stuff, where you have to then deliver it, with what that does to supply chains and the inflationary impulse? what are you noticing right now? mark: there's a couple of things. we have lived this now through four bouts, so it is very important for us to continue to monitor the data, as you rightly point out. but i would say a couple of things. that is, what we are seeing on the ground and the things you have out on your show today, whether it be airfreight, the port of los angeles, inflation, this is about solving problems. you give me a problem, i give you a solution. we are really here as a consultancy to help our customers be great, and that includes upticks in variants, as you explained. what we are looking to do is really emphasize our strengths. half of this business is e-commerce. when people are working from home, they are buying more stuff onl

u.k. recorded its highest level of covid. >> omicron roles in across the u.k.. >> this is a serious threat. there are several things we don't know. all of the things we do know are bad. >> countries across europe are weighing theirext move as cases arise. -- cases rise. president biden is heading to kentucky to meet tse affected by the wst tornadoes ever seen there. we will report on the u.s. congress, its investigation into the storming of the capital january 6, and particularly, the role of extremist group. -- groups. we will start in the u.k. which recorded its highest number of daily covid infections since the start of the pandemic. here is prime minister boris johnson. >> omicron continues to roll in across the united kingdom with 780,000 tobin cases today, the highest ever daily number reported -- covid cases today, the highest ever daily number reported. the doubling rate of omicron in some regions is down to less than two days. we are also seeing the inevitable increase in hospital

u.k. at the end of last month. that is your bloomberg business flash. francine? francine: thank you so much. european markets open higher as traders think the global recovery will be resilient to omicron. kristine aquino, thank you for joining us. let's start with you. it seems pretty quiet today. we are seeing futures in the u.s. moving sideways, shares and europe are seeing a bit of a lift off. what could stop the rally? kristine: it might be a combination. we are heading into the big central bank week where we are going to be hearing from all the major central banks next week for the last time this year. it is really going to be interesting how this is all going to shape their outlook for the end of this year and into 2022. we could really see all of this kind of get kicked off by the u.s. cpi data starting yesterday and then continue into next week when we hear from the fed, the boj, the boe, the ecb. all the major ones next week. francine: ven, you have a great piece in today's termin

u.k. assets, especially u.k. equities are enticing by their valuations, dividend yields, and compared to the rest of the world, also from the sector exposure benefiting from those sectors whether this is energy or materials or cyclicals, which include financials benefiting altogether from where we are in the business cycle. how we expect growth to be in 2022, above trend for the world, that is good news for cyclicals and the u.k. equity market. tom: u.k. equities, whatever happens with the boe. dr. nannette hechler-fayd'herbe, global head of economics and research, credit suisse will stay with us. coming up, the bank of england making decisions today. the twin specters of inflation and omicron loom large. more on that next. this is bloomberg. ♪ tom: welcome back to the open, 22 minutes into the european trading day. solid gains from the action on wall street on the back of the fed decision around the taper. stoxx 600 gaining 1.5%. every sector is in the green. technology and autos at the top of the list. still

we begin in the u.k. where the government says it will keep under close review its decision not to bring in further conavirus restrictions for england despite infection numbers rising to a level not seen before since the pandemic. there are restrictions on socializing and the other three nations. others have various restrictions. the latest data shows or have been record numbers of cases across the u.k. stopping europe, france has seen record highs in its cases and tougher restrictions have been announced as a result. there have been demonstrations in eastern germany against restrictions there. let's get more on the situation from the u.k. from our health correspondent. reporter: a vaccination center in london, among the burros worst affected by omicron in the u.k.. staff says there's no shortage of demand for germs -- four jam -- for jabs. >> i don't want to get sick. i'm 57 years old. i don't want to pass it onto to my loved os. >> it's important because on a recently retired head of education at a univ

u.k. is racing to deliver booster jabs to all adults a the new variant takes hold. >> in the capital, it probably represents 40% of the cases. by tomorrow, it will be the majority of cases and it is increasing the whole time. ros: the u.k. says one person has died from the new strain, which counts for 20% of covid cases in england. in the u.s., more than 100 people are still missing in kentucky after tornadoes ripped through six states over the weekend. and we will look at the controversial finish of the abu dhabi grand prix. let's begin with the global spread of the omicron variant. early data from south africa suggests the strain causes a lower rate of serious ill and death than previous variant s, however scientists warned it is spreading more quickly than any previous strains. i mr. boris johnson says at least one person has died because of omicron. p.m. johnson: we can see omicron spiking in london and other parts of the country. it probably represents 40% of cases. by tomorrow, it wi

u.k. in the last 24 hours. as cases jump in the u.s., the leading expert on health takes note of what is happening in the u.k. and warns about not getting jabbed. >> clearly unvaccinated individuals already high risk of serious involvement, including hospitalization. [cheering] lewis: a huge setback for u.k. prime minister boris johnson as his party loses one of its safest seats for the first time in newly 200 years. >> i hear what the voters a saying and in all humility, i have got to accept that verdict. ♪ lewis: and north korea marks 10 years since kim jong-un came supreme leader. ♪ hello and welcome to the program. we begin with more evidence, if anyone needed it, that the omicron strain of coronavirus is continuing to spread around the world. the headline figures are coming from europe right now, in particular the u.k.. in the past 24 hours for a third successive day, the number of infections reached a new record high. just over 93,000 cases were confirmed in that timeframe. that

anchor: the u.k. government is relaxing immigration rules so that social care workers from abroad can help to alleviate staff shortages in britain. the temporary measures are respected to take effect in the new year and will be in plac for at least 12 months. care providers are experiencing high vacancy rates and turnover, and pressure on staffing is being made worse by the recent spread of omicron. the omicron variant is spreading fast in parts of europe. as we heard earlier, on thursday, friends recorded a new record high -- france recorded a new record high. in spain, where the wearing of face masks outdoor is compulsory again, 73,000 cases recorded on thursday represented the third consecutive high in as many days. so, a curfew will be enforced from tonight in catalonia in northeastern spain where residents are banned from leaving their homes between 1:00 and 6:00 in the morning. a research professor at the barcelona institute for global health gave us more on what the situation is like there. >>

the u.k. and elsewhere, and we have not seen any of that come about. it feels like the real panic in the supply chain is easing. at the same time we are seeing things like natural gas prices, which is not exactly a supply chain problem. what it does when using natural gas prices as high as they are, what you are seeing is industrial manufacturers shutting down so we see less aluminum being produced, less fertilizer being produced, and the knock on implications of that has not completely fed through. this first phase of the supply chain crisis is somewhat behind us. i think we are now in the knock on implications and the secondary effects that will be with us for a while, keeping inflation hot for some time. tom: that is the perfect queue to our next segment. always great insight. eddie van der walt of bloomberg markets. have a great christmas. coming up, a bold call for 2022. we bring you that next. this is bloomberg. ♪ tom: welcome back. this is "bloomberg markets" on tv and radio. your chr

in the u.k. there has been a new warning from the organization representing gas suppliers that gas and electricity bills could rise by as much as 50% next year unless the government steps in. coletta smith has more. >> we are feeling these price rises in all sorts of areas. oughts of our power stations across the u.k. are actually fueled i gas like the one behind me to produce electricity, which is why we are talking about price rises in gas and electricity. businesses are already paying the high prices and they are passing it on to us as customers by charging us more for pretty much everything we are buying at the moment households are being effectively shielded at the moment because of the price cap it might not feel like it because it went up dramatically in the autumn but the price is now fixed and it won't until april that we see another change and unfortunately it is going and only one direction because of the increase in wholesale prices now, fueling a rise in the spring. >> during this pa

the u.k. has recorded its highest ever daily number of coronavirus cases in t pandemic, more than 100,000 people tested positive for coronavirus in the last 24 hours. but as cases arise, there is more evidence the omicron variant is less likely to put people in hospital. many countries are bringing back restrictions. spain is making masks mandatory outside again. in china, 30 million people are in lockdown. israel is the first country to operate for the covid-19 vaccine as the country expands their booster program, prompting this morning. >> blanket booster programs are likely to prolong the pandemic rather than ending it. by diverting supply to countries that already have high levels of vaccination coverage. kasia: we report from the philippines, where this island, popular for its earth and beaches, is unrecognizable after last week's super typhoon. >> you can see on the roof, it is completely torn offike a can of sardines. 90% of the buildings here have been damaged, many of them with their

the u.k. brushing off the weaker labor market data. basic resources will be in focus. iron ore is higher. betting on a stronger recovery in china on what some say is a policy shift in the last week. weighing risks around omicron. technology on the developers and real estate market in china taking a hammering. the ibex is up. the cac quarante up 0.5%. futures in the u.s. pointing higher. 0.3% gains. the nasdaq felt the pain yesterday, and s&p coming off of record highs. the dollar index, a run up for the greenback. more strength today as well. the consensus trade is that the dollar will continue to gain as you get possibly three hikes next year. the u.s. 10-year yield, gains, 1.43 on the u.s. 10 year. francine: let's dig deeper into things that are moving, basic resources leading the gains. there is a story on iran, and european negotiators worried whatever they do, the old iranian agreement has failed. real estate and autos are the worst performers. it seems like we are seeing 0.5% higher and

the u.k., boris johnson rolled out stricter pandemic roles before christmas. he did urge caution, saying the situation remains balance. >> we don't think today that there is enough evidence to justify any tougher measures before christmas. we continue to monitor omicron very closely. if the situation deteriorates, we will be ready to take action if need be. dani: for more, lizzie burden joins us now. does it seem we are well set up to have restrictions, after the christmas season? lizzie: lawrence johnson is stuck between his science advisers and his muteness mps. covid cases are at record levels. that's not translating yet into hospitalizations. if boris waits too long, he could overwhelm the national health service. on the other hand, the last time he tried to get new covid restrictions through parliament, he suffered a record rebellion. the only reason it passed was because of the support of the opposition party. what could happen is that we get a move to step two restrictions where pubs an

there is some data certainly knocking around in the u.k. suggesting that maybe the u.k. is seeing a milder wave as well, in terms of the impact on individuals. obviously the total numbers are in cuddly high. sarah pitts, brighton university professor, joins us now to get her take. last time we saw you in the studio. this time we are not. but it is nice to see you. things have progressed since we last spoke. we are seeing superhigh numbers. omicron is ripping across this country incredible he quickly. is it doing the same level of damage as it goes? are we starting to see some evidence that my be omicron is milder than the earlier variants? sarah: yes, hello. when i was in the studio with you, what i said was we didn't really know whether omicron would overtake delta, and now we clearly have the answer to that. in the u.k., we actually still have some cases of delta, so we've got that residual 30,000 to 40,000 new cases of delta, and 100,000 new cases in total. 60,000 of those will be omicron. so omicron is definitely winning the fight there. but what we don't really know

we have a u.k. team based in the u.k., we have an office there, we have established a physical presence, all of the usual requirements for getting a license. >> i want to ask you more about plans in london. what about it that is more difficult to comply with when it comes to u.k. regulations? is it around money laundering regulations, is that why it takes some time? >> honestly, that is the easy part of compliance. those things are done in the banking industry, and in the crypto industry, we do more. it is an established process. it is not difficult to follow. in the crypto world, we also use analysis. we look at blockchain analytics to determine which transactions come from where. they are very much or third-party tools being used for that. that is the easy part. many of the regulations today only focus on centralized exchanges, they don't look at nft's and many other things. we are often talking with regulators saying how do we regulate this other part? we are wanting to help regulators to have a

travelers arriving in france from the u.k. will have to self-isolate for several days or provide negative tests after 48 hours of isolation. charlotte has the latest from london. >> festive cheer on the streets of london. once again ringing hollow. shouts and hospitality may all be open. the christmas parties still allowed to go ahead as planned but covid is casting a dark shadow over the days ahead. experts warned that the omicron title wave is coming at a phenomenal pace. >> we know that it reproduces very fast. a week ago we said it reproduces every two or three days or three times a week. two weeks, 64 times as many. three weeks, 512 times as many. it is coming at us like an express train. >> the u.k. is reporting record covid cases with omicron now the dominant variant here in london. resisting calls for further restrictions. the government is focusing on its booster campaign, resulting in lengthy cues from vaccine sites across the country. >> the omicron is growing so rapidly. >> so many have gotten covid again. clearly,

all made in the u.k. this is just one of a number of new studios opening in south wales. >> the tv industry is absolutely booming at the moment. there has been a fourfold increase in drama production in the u.k. over the last seven or eight years. >> spending has gone from around 400 million pounds in 2013 to 4 billion pounds. tv drama now employs more people than the steel and coal industry. >> you've got jobs being generated by productions which are now taking place in cardiff, you have productions taped in scotland, new studios there in edinburg and you have new studios opening in liverpool, yorkshire and across the u.k. >> driving this, new streaming services, the government's tax break and a reputation for success which owes much to northern island and game of thrones. >> i think the success of game of thrones and the success of what that show gave to belfast and the region was probably very influential. >> she's a fine woman, your sister. >> netflix, amazon, disney, a multibillion dollar global batt

one year to the day since the u.k. became the first country in the world to administer a covid vaccine into the arms of margaret keenan, we have opened up a vaccine booster to all those over 40 and we are reducing the gap between second dose and booster to a minimum of just three months. our nhs staff and volunteers have already done almost 21 million boosters, including reaching 84% of all of the eligible over 18. we need to go further and faster still. our scientists are absolutely confident that your immune reponse will be stronger if you have been boosted. while you're at it, please get your flu jab too. let's do everything we can to protect ourselves and our loved ones this winter and to reduce the pressures on our nhs. as we learn more, so we will be guided by the hard medical data around four key criteria. the efficacy of our vaccines and boosters, the severity of omicron, the speed of its spread , and the rate of hospitalizations. matt: that was u.k. prime minister boris johnson speaking. we will continue bring

but as the u.k. also looks at covid restrictions, bets that the boe would tighten rates next week have been taken off the table. expectations are now that that will be pushed into february, maybe even later in the year. what does this all mean for growth if we are indeed entering another period where we are all just working from home? alix: don't even say it. are we for six weeks behind you guys? that is really the question. in the u.s., health care one of the are performers in the s&p, down by about 0.3%. the nasdaq is leading the way lower. apple closed at a record for three days in a row. apple a little softer today, so that is definitely going to have an impact on those large-cap stocks. the money flowing into dollar, flowing into the bond market. a 30 year auction coming out later today. the 10 wasn't that bad. yields down by about four basis points. we will continue to talk about it over the next hour, the dollar dominance story. the blue bug -- the bloomberg dollar index up by 0.4%. you contin

., the u.k., and beyond. we speak to a top health official about what the biden administration is doing to vaccinate the world. u.k. adds nigeria to the red list of countries facing traveler restrictions. the biden administration announces a diplomatic boycott of the diplomatic games in china due to beijing's record on human rights. the athletes can still go. he has made millions laugh over the years with blazing saddles and producers. now director mel brooks is sharing his life story, all 95 years. >> all the stories are in the book and some of them are actually true. ♪ laura: welme to world news america on pbs and around the globe. ere is good news and bad news on the new coronavirus variant. a study from south africa suggested omicron may be causing milder illness than feared. wall street bounceback, the dow jumping nearly 650 points on monday. the bad news is many countries are tightening travel restrictions and mask wearing ahead of the holidays. sophie hutchison starts our coverage. sophie: this scott

we begin in the u.k. where the government has defended its decision to hold off on new coronavirus restrictions before the new year. it says it will monitor the situation closely. data shows there have been record numbers of cases across the u.k.. france has also seen record highs in cases. the country has announced new restrictions. there have been demonstrations in eastern germany against new restrictions. >> a vaccination center in london. staff hearsay there is no shortage of demands. >> zero mitigations in place. i don't want to get sick. i don't want to pass it onto my loved ones. >> it's important because i am a recently retired senior head of education. i preach it to my staff. >> unlike the rest of the u.k. which has increased restrictions, the government in england is relying on vaccinations to get the country through the latest wave. >> we watch very carefully all of the data. we have had some good news that it seems to be milder in severity. we watch the hospitalizations and the number of peop

the u.k., on pbs in the u.s. or around the world. the u.k. has recorded its ties number of daily coronavirus cases since the pandemic began, more than 120,000. it's the third day in a row that cases have topped 100 thousand, with 122,186ases recorded today. a separate survey from the office for national statistics found on december 19, an estimated one in 35 people in the u.k. had coronavirus, the equivalent of 1.7 4 million. in london, the ratio is higher, one and 20 people will likely to have tested positive for covid, but despite soaring cases, earl findings suggest the omicron variant is milder than delta and leads to less hospitalization. the head of the u.k. -- agency called a glimmer of christmas hope. european countries are also reporting record numbers of cases today, 94,000 in france d more than 50,000 in italy, which has joined greece and spain an introducing mandatory face coverings outdoors. thailand has reported its first omicron cluster, 21 infections, an outbreak traced to a be

for the u.k., for singapore, australia, new zealand. so i think you need to look at this on the global map and a global scale. guy: that was the mobileye vice president speaking to bluebirds ed ludlow. they are even talking about taxis in the air as well. it is going to be a really interesting experiment, the paris olympics. looking forward to that one. let's talk about where markets are. really positive response despite the fact that we are here in europe seeing rate rises. the bank of england hikes rates today. the ftse is up 1.3%. mining stocks, energy stocks leading the charge. dax and the cac 40 higher as well despite the fact that we had a hawkish fed, a hike from the bank of england, and ecb at the margin sounded little more hawkish. the close is next. this is bloomberg. ♪ mom, hurry! our show's gonna start soon! i promised i wouldn't miss the show and mommy always keeps her promises. oh, no! seriously? hmm! it's not the same if she's not here. oh. -what the. oh my goodness! i don't suppose you can sing, can you? ♪ the snow's

u.k. labor market in particular continues to show signs of strength. companies adding jobs a record pace. unemployment fell sharply despite the end of the furlough scheme. bloomberg economy reporter joining us now. why are we interested in the jobs numbers? i thought we had moved on to the inflation story. this is a post-pandemic number and it is unbelievably strong. >> this was meant to be the deciding factor in whether the bank of england would heights in december, but that seems to be off the table because of the new omicron rules. policymakers have said they will hike in the coming months. we will see how the end of furlough hits the labor market. even if on the face of it the data seems like good news, more than twice as many vacancies as there were last christmas, if you take the october unemployment figure, not the three-month average, you can see that is the first four months after furlough ended and a rise in economic inactivity. that is fueling the recruitment problems. it is the

and u.k., other u.s. data as well. we have a lot that is still going on over the next couple of days. coming up, balance of david westin. this is bloomberg. ♪ this is elodia. she's a recording artist. 1 of 10 million people that comcast has connected to affordable internet in the last 10 years. and this is emmanuel, a future recording artist, and one of the millions of students we're connecting throughout the next 10. through projectup, comcast is committing $1 billion so millions more students, past... and present, can continue to get the tools they need to build a future of unlimited possibilities. >> from the world of politics. >> i believe there is a path going forward. >> to the world of business. >> we recognize these companies feel they need to be as lean and fit and digitally nibble as they could possibly be. >> this is balance of power with david westin. ♪ dave: from bloomberg world headquarters, we start right away with news breaking right now. boris johnson has now said they will not tighten restrictions

guy: the u.k. opposition leader talking in the house of commissary earlier here, pointing the finger at boris johnson saying if we did not help you, you would not have gotten across the line. some of the restrictions the british government is trying to bring into place right now in england, a different policy in scotland. the right wing of the conservative party is resisting any further restrictions. the u.k. has just posted the biggest increase in case count since the start of the pandemic. omicron is ripping its way through this country at a rapid rate. sam joining us now to give us his take. the case count is rising rapidly. your take on the numbers? sam: guy, as we were just talking before the show, it is one thing people telling you it will go to 100,000, 200,000. it is another thing seeing the number come through. i have to say, it gave me a bit of a chill. i looked at the french numbers yesterday. probably much higher today. it is going exactly as the model is thinking. when will the peak be

the u.k. prime minister has urged everyone in the u.k. to get their booster jab. he says 90% of people in intensive care beds with covid have not received their third vaccine. new figures showed more than 10,000 people in england are in hospital with covid, the highest number since march. some doctors and pharmacists are warning they are running short of tests because of hi demand. officials say more are on the way. pressure is coming from surge in cases, the latest data showing 183 thousand people testing positive in the u.k., a new daily record. significantly higher than a week ago, but that is partly due to a delay in reporting results. our health respondent -- correspondent reports. >> george and his wife nikki are both dps. he tested positive for covid on a lateral flow device which means his wife cannot return to work until she has received a negative pcr tests. >> it appears that often the website is not showing availability for pcr testing. that is not always hold true throughout the day. people have later then found greater availability which was the same

the u.k., potentially in the next 24 hours. even as we get optimistic and encouraging news. two words. preliminary and three. it is a plumbing study. next up, you need three pfizer shots. a big push for boosters. lisa: you talked about what is going on in the united kingdom. they have a higher bar of how much risk they are willing to go through. the u.s. emphasizing a booster but not necessarily restricting travel. jonathan: let's take -- touch on the markets. on the nasdaq 100, up 73, advancing .4%. there is a ton to talk about in this market. yields are lower by a basis point. down a basis point. around 70 off the back of that story. tom: it really bears watching. i know it is a big deal, but this is a grind worth watching. jonathan: that headline, the omicron variant neutralized by three pfizer doses. lisa: it is likely to bring forward the rate hike. it is a key question. we will get the job openings survey for the month of october. we have seen the number of job openings decline. do we se

but we are proceeding full speed ahead in the u.k. and we have a large u.k. team now. not large, but we have a u.k. team based in the u.k., we have an office there, we established a fiscal presence, all the requirements for getting a license. >> talking about your plans in london, what is it that is more difficult to comply with when it comes to u.k. regulations? money laundering regulations? is that why this takes time? lax honestly -- >> honestly, that is the easy part. in the banking district, in the crypto industry, at least on par with the banks so that is an established process. in the crypto world, we use what -- we look at blockchain analytics to determine which transactions come from where. there are fairly mature third-party tools used for that. that is the easy part. many regulations focus on centralized exchanges, they don't look at defi or nft's or many other things. we often talk with regulators to say, how do we regulate these other parts? we are wanting to help regulators have a broader view of the crypto industry. the crypto industry is not just ycml.

that's why the u.k. government -- serious. that's why the u.k. government is boosting their booster shot targets by one month. they will be able to receive a booster shot before the end of the year, and eligible adults, someone over 18 years old, three months after their second dose, you can see the u.k. is above europe and the united states in terms of booster shots, with almost 30 and 100 adults having received one. 20 million adults in the u.k. have gotten their booster shot so far. there is another 23 million to go. boris johnson wanted to assuage concerns in the scientific community. omicron cases stand under 31,00 and total cases came in at almost 49,000 yesterday. time is really of the essence, manus. manus: and it's the rate at which omicron is almost doubling every two days, listening to both the u.k. news flow over the weekend. political pressure is mounting, laura. labor are in the ascended. just how ascended is labor -- ascendant is labor? laura: a number of opinion polls show the gap between conservative and labor is widening, with a

the u.k. -- most travelers from the u.k. which reports record covid-19 infections. this is al jazeera. also ahead, thousands flee their homes as a super typhoon batters the philippines. police in haiti say all the american and canadian missionaries cannot in october have been released. -- kidnapped in october have been released. kilis president jarrell off -- chile's presidential runoff, all suggesting it is a tight race -- polls suggesting it is a tight race. governments around the world scrambling to contain the spread of the omicron variant of covid-19. several countries recorded their highest infection rates since the pandemic began. france has banned non-essential travel from the u.k. by anyone who is not a french citizen or resident. the u.k. has recorded a record number of infections for a second day at a row -- second day in a row. france recorded almost 61,000 cases. south korea reinstating stricter social distancing laws six weeks after seeing a quote to live with covid-19. the world

i know here in the u.k., they have been shortages. the same measures to protect yourself and your loved ones at this time you can employ to really gauge your own level of risk even if you are somewhere where there is perhaps flexibility around that. i would say in the next couple of weeks we are going to go through, in the winter period it is going to be difficult but going around the other side, there is going to be better weather. people are going to be outside more and we will have more tools available to us. as long as we have the spirit of cooperation and global solidarity, we can make a significant difference in saving lives and economic recovery. >>, but i think it is important to emphasize the dynamic of having boosters every couple of months. it is not so different from the things we know from influenza. except influenza only sticks to the season, at least in the northern hemisphere we have a flu season. then we get this shot right in front of that season. as long as we can keep the virus as low as possible just by having eno

the u.k. prime minister has urged everyone in the u.k. to get their booster jab. he says 90% of people in intensive care beds with covid have not received their third vaccine. new figures showed more than 10,000 people in england are in hospital with covid, the highest number since march. some doctors and pharmacists are warning they are running short of tests because of high demand. officials say more are on the way. pressure is coming from a surge in cases, the latest data showing 183,000 people testing positive in the u.k., a new daily record. it is partly due to a delay in reporting results. our health correspondent has more details. >> george and his wife nikki are both dps. he tested positive for covid on a lateral flow device which means his wife cannot return to work until she has received a negative pcr tests. >> she could potentially go back to work if she remains symptom-free. she has to isolate. it is a real issue not being able to book pcr tests, not get them in a timely manner and get lateral flow tests. correspondent: at some points today there was

i know here in the u.k., they have been shortages. the same measures to protect yourself and your loved ones at this time you can employ to really gauge your own level of risk even if you are somewhere where there is perhaps flexibility around that. i would say in the next couple of weeks we are going to go through, in the winter period it is going to be difficult but going around the other side, there is going to be better weather. people are going to be outside more and we will have more tools available to us. as long as we have the spirit of cooperation and global solidarity, we can make a significant difference in saving lives and economic recovery. >>, but i think it is important to emphasize the dynamic of having boosters every couple of months. it is not so different from the things we know from influenza. except influenza only sticks to the season, at least in the northern hemisphere we have a flu season. then we get this shot right in front of that season. as long as we can keep the virus as low as possible just by having eno

does the u.k. then need to have a mea culpa that it did not make sense to put all the eggs in that basket? alix: i can't imagine boris johnson ever saying that. coming up, do you buy into the dollar dominance, particularly ahead of cpi tomorrow? mark mccormick, td securities head of fx, will be joining us. this is bloomberg. ♪ alix: live from new york, i'm alix steel, with dani burger in london. guy johnson is on assignment today. this is "bloomberg markets." equities trading a little heavy here. kriti gupta has some movers for you. kriti: the stock market is actually lower on the day. this follows three days of gains here. a little bit of a pullback. now a 3% gain, so it is natural to let some of that feed out. crude down 0.8% right now, so a little bit of a risk off motocross asset classes. apple is the one i want to keep an eye on because it has had a fast and furious three day rally, but starting to take a little bit of a beat after nearing that $3 trillion mark. i want to show you a chart on

the u.k. prime minister has suffered his biggest parliamentary rebellion. 100 conservatives opposed his plan to mandate the use of covid passports at nightclubs and other venues in england. he was forced to rely on opposition party votes. it's a significant blow to the u.k. leaders authority and comes ahead of a special parliamentary election this week. italy has tightened restrictions for travelers ahead of the christmas travel season. even vaccinated visitors must show proof of a negative test and the nonvaccinated must self-isolate for five days on arrival. the u.k. has removed all 11 countries from its red list, given the high community transmission of omicron within the country. bloomberg has learned that the ecb projections due on thursday will show inflation is set to remain below the 2% target in 2023 and 2024. consumer price growth for next year will be stronger than the 2.2% predict it in september but the ecb thinks it will slow over the forecast to rise in. -- horizon. global news

the u.k. is facing a tidal wave of omicron infections. the prime minister set a deadline for the end of the year for the country's to vaccination program. the number of new omicron cases in the u.k. almost doubled on sunday from a day earlier. a new study says two doses -- it underscores another finding released that emphasizes the need for booster shots. in kentucky, the death toll from the tornadoes on friday may be less than originally feared. still, at least 50 people are believed to have been killed. kentucky's governor says more than 1000 homes were destroyed. the storms code at least 14 people in four other states in the south and midwest. foreign ministers from the g7 nations have ordered russia to de-escalate its military buildup around ukraine. if not, they say moscow will face massive consequences. the u.s. and its european allies are also considering sanctions that would target russia's biggest bank. vladimir putin has denied he has any intention to invade ukraine. global news 24 h

u.k. prime minister, boris johnson, says he's not ruling out possible extra covid curbs before christmas. he spoke at a vaccination center in london today. pm johnson: we have to watch the pandemic and take whatever steps are necessary to test public health. the best thing we can do to protect ourselves, our country, and ensure we have a normal as -- normal of christmas as possible to get through now. mark: the u.k. health secretary also says there is no certainty that government will be able to keep schools in england open. at least 64 people are dead and another 105 unaccounted for after tornadoes tore through kentucky and neighboring states this weekend. officials are struggling to count the dead because of the overwhelming amount of destruction and rubble. it could be weeks before the final death count is known. kentucky governor, andy beshear, says thousands of homes have been damaged and towns decimated. the white house is president biden plans to travel to kentucky to survey the dam

inflation focus in the u.k. and what it means for the bank of england, doesn't push them to a more hawkish position and hike rates or weight until the new year -- wait until the new year. in terms of markets in germany, gains of 0.4% as the new chancellor addresses the bundestag, and his focus is on how to address the spread of covid-19 and omicron. the cac quarante seeing gains of 0.7%. we had earnings and data, and oblique story -- a bleak story with a billion-dollar fee according to a court in canada. we move on to sectors. technology is at the top of the pile, 1.6% gains. the nasdaq selling off heavily on wall street yesterday on concerns about inflation with consumer prices coming in at 10% but comfortably low on the u.s. 10 year. basic resources down 0.5%, and energy as well. the data out of china showing the recovery slow down continues a brisk response from policymakers. let's switch the focus to politics. we saw what happened with boris johnson yesterday in a crucial vote where there was a rebellion amo

the u.k. government introduced stronger covid-19 restrictions. >> there is evidence that the doubling time of omicron in the u.k. could be between two and three days. ros: covid passports will be mandatory at nightclubs and people have been told to work from home. the former press secretary resigned today over this video and which he jokes about a christmas party -- she jokes about a christmasarty and lockdown. >> for all of you who lost loved ones and struggled with their busisses, i'm truly sorry. ros: olaf scholz has been sworn in as chancellor, ending angela merkel's 16ears. ♪ it's been just two weeks since we found out about the omicron variant of covid-19 and there were fears it would reduce vaccine protection. we have some decent news. a third dose of the pfizer by intact vaccine appears to's -- to successfully neutralize this variant. the third dose increases antibodies by a factor of 25 and could deliver a vaccine specifically for omicron by march. by intact developed -- biontech de