Threatening people. Thats when the officer open fired killing the suspect. Well have more on this developing story tonight on the 10 00 news. And now to the latest on the coronavirus. California has now secured more than 11,000 hotel rooms to help the homeless safely isolate during the pandemic. And much more will soon be available. We had a goal a few weeks back of identifying 15,000 hotel rooms that would be made valleyable as a subset of our larger strategy, homeless strategy to get people off the street. Im pleased today to announce a milestone that 10,974 hotel rooms have been procured. Speaking at a present Conference Today in campbell, Governor Newsom said project room key has secured thousand of hotel rooms many of them through an agreement with motel six. They are always making rooms available 19 counties in the state. So far project room key has provided more than 45 00 Homeless People with a place to stay. There are more than 726 thousand ,000 cases across the u. S. With alm
Go higher. The crash stride an hour away. Lets get your top headlines off the bloomberg terminal. China p. M. I. Data Beat Estimates but it is a mixed picture for asian stocks and u. S. Futures turned in the case negative. The w. H. O. Said the coronavirus outbreak in europe may be approaching its peak but across the atlantic new york city reports a 16 increase in deaths in just six hours. Plus lenders from howards bank to unicredit halts dividends at the request of the b. B. C. Well speak with the chair to have Advisory Board in just over an hour. We do see futures positive here. Certainly in germany. 3 4 of a percent. Up on the dax futures. U. S. Futures we pointed out are down right now. Of course that can change. Volatility is the name of the game these days but we see a little bit of a split in terms over the risk indicators. Anna, what do you see from your g. M. M. . Anna before get to that, lets get to breaking news. We have numbers coming through from shell. They are talking oo
10 year. Crude now below 30. And not emphasize enough how much pain that will be causing to producers. To get a sense of where we are in the market, if you switch of the board, you can see some of the heavy hitters within the market, like apple and microsoft, down 10 , 11 . Also seeing bank of america off by 16 . The index which tracks the s p is down by almost 10 . Again, a world of hurt within the next two and half hours. We have some breaking news. The boe is pledging further prompt action when needed. No specifics on that, but they are pledging action as needed. We will bring you anything, any information as they come out. They said the dollar move to combat is there. This is governor bailey. Time now for global exchange, where we bring you todays market moving news from all around the world. From new york to washington, brussels and beijing come our bloomberg voices are on the ground with all of this mornings top stories. The Federal Reserve swept into action yesterday, cutting it
And down to the annual National Press Foundation Awards dinner, the event recognizes journalists and the stories they have covered. [background sounds]. Lease and gentlemen, welcome back to the podium. Thank you for joining us. Your sponsorship of tonights dinner will go towards National Press Foundation Training programs in the United States and around the world. It is been my Great Fortune in five years to educate journalists across the globe, we run Training Programs in buffett barcelona, shanghai, i would not be, moscow, hong kong and paris. Reinforce relationships with two remarkable International Foundations who are just as passionate about journalism as we are. They share our dedication to making good journalists better. This foundation difference is in four years of programs and paris. To train journalists about science, and how to communicate science. In the foundation hong kong, its something train journalists about International Trade programs. Using incredibly timely and cr
The meeting and it is still on. Manus a warm welcome to bloomberg europe. Zurich for a in couple of days. Wobbling. Omewhere is as Martha Malone says you are asleep at the wheel, opec. Is rate cuts the right policy response . Nejra and how long can that little rounds last bounce last . Are you moving from survival to strategy . Manus the dollar seems to have taken a new lead. Take a look at the dollar, down for the fourth day in a row. Deutsche bank says it is time to sell currency. The biggest slide to. Dropping over 1 . Deutsche bank, 100 basis points by the end of the year. Goldman sachs, 100 points by the middle of the year. The oil market has a b ounce. For the 10 year Government Bond yield the probability of the fed going to the zero yield, i bring you back to 2008. The Options Market says it is unlikely you will get there. Somebody is right. Somebody is wrong. Good morning. Asiapacificci index. Turning negative after the report says the draft doese g7 meeting, the call not speci