Cooperman taking on trump over the Federal Reserve in times of crisis Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu. Announcer to Brian Sullivan. With me the entire hour, peter bookfar wiright now stock futur indicate what could be a nice open to the upside, about 175 points within the last hour we were up 400 to 500 points implied. Well see if that moves. The Dow Jones Futures have been going from losses all the way to gains. At one point we had a range of 1100 its been a volatile, possibly preshadowing the market. Tenyear government yields we gone down to 1. 0 3 year, setting the record twoyear treasury notes, 1. 2 . The session low for americanbased crude is 43. You can see 45. 53 the last trade there. We have seen a bit of a downside move in the last hour or two lets watch whats happening a rebound in under way, in asia and europe as well as investors hope for action from global Central Banks around the coronavirus. Matt taylor is in singa
There first, youre going to ia lan mui has more from juan. Have the best ai solution. There are new ground rules its going to be hard not to for competing in the digital economy. New proposals out today are deploy the best ai solutions because you will have better answers than the competition thats a real vice and real conundrum five, ten years down large floikoused on eai highrik the road as facial recognition applications that face more software, health analyses, loan, stringent regulation and that means Greater Transparency in the data sets, methodology, we use this software thats just notification to users and better at doing it versus this software that eliminates these guarantee of human everysite buy seize, maybe this bank will meanwhile the ee wau wants to ct just be perform a lot better than that bank a Single Market for data, pulling Government Resources it will be a real vice and real into what they call an ecosystem problem. Yes, certainly facial of excellence. Europe belie
For longterm Global Growth . There is going to be a financial impact. My guess is it is going to be worse than people think. With are confronted conditional supply and demand shocks. It is not like the world will end tomorrow. President s trump and modi meet in india. Onthey pledge closer ties Maritime Security. Jp morgan lays out goals. They said u. S. Wealth is going to be one place where they can sell growth. And disney names a new ceo. I intend to double down on the same strategies bob has established. Its all straight ahead on bloomberg best. Welcome. Llo and this is bloomberg best, your weekly review of the most important Business News and assets. Lets start with a day by day look at the top headlines. The dominant story throughout the week was the global spread of the coronavirus, and on monday, as reported infections climbed, Financial Markets felt the pressure. Coronavirus continues to spread beyond china and outside asia raising concerns about the prospects of a pandemic. Sou
From istanbul to london to washington, our bloomberg voices are on the ground with this mornings top stories. We begin with a pause in the trade war. President trump hailed the signing of the 86 page document as an important step towards a fairer trade deal with china. We take a momentous step, one that has never been taken before with china, toward a future of fair and reciprocal trade as we side phase one as we sign phase one of the historic trade deal between the United States and china. Alix joining me on the phone from washington is shawn donnan, bloomberg trade reporter. What is the day to story the day two story . Some there are already question about chinas purchase commitments. We heard overnight a real emphasis on the role of the market in this, saying they will live up to these commitments if it is with Chinese Consumer demand and if the prices are right. That is not what the Trump Administration wants to hear. Secondly, a lot of tariffs remain in place, and there are Big Qu
Based on the risk off the further markets. It is time now for global exchange. We will bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. Where to begin in asia, the coronavirus continues to spread in china, with the number of confirmed cases climbing above 75,000. Engle. Me is Stephen Stephen for the second time in about a week, china has rejigged its methodology for how to classify confirmed cases of the coronavirus in china, that has led to this now becoming a bit of a global crisis. We are seeing more speculation that the data we are getting is we necessarily reliable, or are seeing a significant dropoff in the number of confirmed cases. In hubei province, just 349 new cases reported overnight. Is that because of the new methodology, or do they have the containment efforts under control . That is raising a lot of confusion and questions. Also, it adds to suspicion that officials in china may be prema