The second world war. Futures are rising. Oil retreats after a meeting with Top Producers is delayed. Talk is tough. We are just under an hour away from the start of cash Equities Trading in europe. Gains looking at decent across European Equity indexes. If you take a look at u. S. Futures, you see gains. Asian stocks advanced as well as these gains that we have seen. Daily reported death tolls and some hotspots dropped on sunday. Boris johnson was put into the hospital. Lets get into the markets right now. Lets talk about risk sentiments. Are we talking more about a risk on day because traders think maybe we have somehow peaked in terms of the coronavirus threat . Futures are telling us it will be a risk on day. If we look at daily fatalities, on april 5, they are the lowest in a month. We are seeing a flattening of the curve in countries like spain and italy. U. S. States saw the first reported decline in daily fatalities. That thissoon to call will be the end of the market pressure
A doctor returns to the hospital. Good morning, everyone. Tom keene in new york, guy johnson in for Francine Lacqua and london. We say good morning to all of you. It has been an extraordinary come historic we can. The queens speech, the Prime Minister hospitalized as well. Tell us about london. Tell us about the mood monday morning in london. Guy lets talk first of all about what is happening with the Prime Minister. Under u. K. Rules, there is no Vice President , there is no vice Prime Minister. So what is happening here is heominic raab has been will chair todays cobra meeting, the emergency cobra meeting, and he is effectively in charge of the government. Boris johnson is still in charge of the government, but with him hospitalized, there are growing calls that the Prime Minister needs to take a step back. The understanding is that he has been put into hospital for precautionary reasons, but we will wait to see the exact details. There is no new information be on the news that he ha
This is a very unprecedented time. Three priorities in this period. The first is the health and safety of our employees. If we can all stay healthy what stay healthy, we can be part of the contribution here. Even under adverse conditions, we are trying to maintain manufacturing of our food and beverage products. And then with the physical presence in 187 countries, it is very important to us that we also give the helping hand over and above the call of duty around the world where we are present. And on the business continuity, mark, do you have all of your raw material supply guarantees . Crisisminute we saw this spread, we were trying to improve inventory levels at all. Evels of manufacturing obviously there was very little time, and i think flex ability is what is required right now. You do have logistics constraints. Sometimes you need to resort to airfreighting. Sometimes that takes longer or capacity is limited. It is all about managing in a very tight way this crisis and ensuring
The magnitude of that payroll number, equity markets are performing reasonably well. We are going into a weekend. Generally that means derisking as well. Let me deal with the middle to. 33. Crude at we have the stoxx 600 reasonably flat right now. We are seeing a bid on the dollar. Going back to your board, so why dont we handed back to you . Vonnie lets get straight to diane swonk, Grant Thornton economist. We saw a massive loss, 7001000 massive loss, 7001000 massive loss, 701,000 people. Diane many of them werent counted yet or able to be included in unemployment actrance until the cares was passed on march 26. That is really important to remember as well. Im choked up about these numbers in a way that i just, knowing how bad they are going to get is really tough. 1. 3 million workers had to accept parttime. , they have those already been laid off. Also important in the number was the survey response, where it went down because they couldnt get the people out there and staff the phon
A very good friday morning we do have that lower deck. To you. Im laura garcia. And im marcus washington. An earlier crash, a tow truck well get to your traffic and weather in just a bit. And crews there. Three out of your five lanes are first lets look at the headlines. Closed. Two lanes are still open and at the stroke of midnight a few lighter traffic is able to still hours ago banks began accepting get by. Loan applications from small youll find slowing there mid businesses that comes from the 2 trillion stimulus package. Span. No delay so you can use the bridge eastbound as an speaking of which were alternate. Back to you. Getting a clearer picture when thank you, mike. Americans will start getting coming up next on today in their stimulus checks and the the bay we speak to the wait for some may be months. Archbishop of the Catholic Church in San Francisco this well dive deeper into the morning. The changes the church is headlines. First a check of the forecast with meteorologist