Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Craig Erlam, Senior Market Analyst for the UK and EMEA at Oanda, says 100 BP for the Fed is a step too far. Valentin Marinov, Credit Agricole Head of G10 FX Research & Strategy, says supply shocks are driving FX.