This is bloomberg surveillance. Im Francine Lacqua in london. Lets go straight to the markets. We are seeing a lift to the market somewhat but a bit flattered then what it was earlier on. 0. 4 . Oxx 600, down by the dollar is rising. Treasuries advancing. We had a little bit of momentum. We saw that historic rally. The dollar strengthening for the first day in nine sessions. The Federal Reserve extended its main Street Lending program which means it is allowing more companies to participate. That lessens the burden on banks that create the loans. Plenty more on that throughout the day. Thats get to the first word news in london with dani burger. Dani hi. Lockdowns across the world may have prevented about a half a billion coronavirus infection. That is according to the first peerreviewed analysis of the impact of health policy. It comes as the World Health Organization says people without symptoms passing on the virus is very rare which contradict speculation about the prevalence of so
Disinformation and propaganda, President Trumps rhetorical assault on beijing steps up a gear. The u. S. Senate passes a bill to the last Chinese Companies on european and delist Chinese Companies on european indexes. The bank of england president said get of rates are not being ruled out. Plus, cut to junk. Angela merkel says a decision on the lufthansa bailout should be expected shortly after the German Airline becomes the latest to lose its Investment Grade status on the s p. Take a look at futures this morning. We do see losses in futures. Euro stoxx 50 futures down a little bit more than 1 . 0. 6 6 . Ures falling we see drops on u. S. Futures, as well. S p, and nasdaq futures all down by more than 0. 5 . Anna, the gmm . Anna lets have a look at the gmm. Quite a mixed picture in the Asian Session after some gains in europe and the u. S. Yesterday. Lifted in part by some better corporate reporting in the u. S. We see a little bit of nervousness around geopolitics and the ongoing ten
Lets have a look at what has been really driving things here, haslinda. Haslinda the focus this week for markets will be that policy meeting in china. Fed chair Jerome Powell says a new rebound in u. S. Growth depends on the delivery of a vaccine, but he stressed that the economy will recover eventually. This economy will recover. It may take a while. It may take a period of time. It could stretch through the end of next year. We really do not know. Powells remarks follow a warning that and our chief asia correspondent, enda curran, joins us now. Away . S the key take powell saying he is not looking at negative rates. Enda not looking at negative rates, haslinda, but also saying they have some options on the table. The fed has done so much in terms of cutting Interest Rates. And all of the liquidity measures it has taken, they still have the option of doing what the bank of japan does. Yield curve controls. Some of the commentary now will be a around whether or not the fed starts tryin
E learning course because facebook. Profile in the book you are no one of the people who are. Going to know when we flew the coop. Exposing injustice global news that matters to me for mines. The u. S. Trade deficit widened exports tumbled but investors take the news in stride focusing on positive data we go live to new york for more also coming up a german comic has demanded another cash for clunkers scheme to boost sluggish sales but bilin is reluctant to comply. German flagship could also do with some state aid but isnt so keen on the strings that could come attached. Welcome to d. W. Business i want to get jones in berlin good to have you with us and were starting in the United States where the corona virus is not just causing havoc in the Health Sector but also widening the countrys trade deficit the Commerce Department has reported that the gap between what the United States sells and what it buys abroad widened 11. 6 percent in march with exports falling almost 10 percent on plu
Time in weeks as infections and deaths decrease. And alive and apparently well is finally seen in public after weeks of speculation about his health. Situation a lot in americas overcrowded prisons is growing increasingly desperate as governments try to prevent the corona virus from spreading in venezuela more than 40 people have been killed during a riot it started over the demand for relatives to be allowed to deliver food to inmates and its a similar situation in brazil where their prison riots over a ban on visitors its the country hardest hit by the pandemic in latin america and the last 24 hours nearly 5000 new cases and more than 400 deaths have been recorded. And in argentina there have been protests about the transfer of hundreds of prisoners to house arrest some violent offenders have been released because of their age or underlying illness since there is a poll has the latest on the riot in venezuela. Human Rights Organization and demanding a full investigation into what wen