But says ridehailing bookings fell for the First Time Ever last quarter. Shares rise on signs that it is emerging from the virus slowdown. Take a look at how we are setting up when it comes to the final trading session of the week in asia. U. S. Futures flat after we saw gains on wall street. Despite those historically high unemployment and jobless levels that we are still seeing in the u. S. , there is some sort of consensus among Market Participants that the worst may the over but we are looking ahead to the optimism of the economy reopening. We are also seeing optimism when it comes to new zealand, this despite the budget deficit numbers that were released earlier from the treasury report. New zealand just emerging from that stated four lockdown with the economy stage four lockdown. Also outlining steps for a gradual return to more normal economic functioning. New zealand on track for an entire week of gains. Definitely the outperform in the region. Ofcould get maybe a gain. 25 . We
Last major cities where it was still allowed its hopes that the bad will also help fight the spread of corona virus. Im sorry kelly welcome to the program italy remains europes epicenter of the coronavirus pandemic earlier today cities and towns across the nation held a minute of silence to honor its victims. Car our. Primary. Flags nationwide were lowered to half mast like here in rome as overburdened hospitals and Health Workers struggle to cope covert 19 has infected nearly 102000 people in italy and more than 11 and a half 1000 have died a nationwide lockdown has been in place for weeks and the government has warned it could go on for much longer and joining me now from rome is correspondent seem a group to seem its striking to see the shift in italy since the outbreak began a few weeks ago residents on their balcony singing and now silence. Youre absolutely right sarah i mean from singing to silence singing in support of silence to remember those who have lost their lives to this
Contact and smokers light up one last time in tokyo restaurants a ban on indoor smoking goes into effect one of the last major cities where it is still allowed its hope that the bad will also help fight the spread of the coronavirus. Im sorry kelly welcome to the program italy remains europes epicenter of the coronavirus pandemic earlier today cities and towns across the nation held a minute of silence to honor its victims. Are our. Flags nationwide were lowered to half mast like here in rome as overburdened hospitals and health worker. Struggle to cope covert 1000 has infected nearly 102000 people in italy and more than 11 and a half 1000 have died and nationwide lockdown has been in place for weeks and the government has warned it could not go on for much longer. And joining me now from rome is correspondent seem a good death so you know its striking really to see this shift in italy since the outbreak began i mean we had videos a few weeks ago of residents on a balcony singing and n
Earlier on, up by 4 10 of 1 . Not the reaction draghi would have been looking for. The banks initially traded higher here in europe. Draghi is talking about tiering. The banks have wanted to talk about this for quite some time. The banks completely turned around, as did european equities, now down by 4 10 of 1 . Vonnie it is mainly about earnings in the united states, so to give early fx and bond traders watching closely so particularly fx and bond traders watching closely. Earnings. With the cofounder is leaving, but also it is losing 1. 12 per car sold. That really didnt endear itself to investors. The stock is down 13 now. Ford having a pretty negative quarter, its turnaround strategy hitting the pause button. It is down 7 . Bank takingcentral down the Interest Rate by 425 basis points today, indicating there would be more cuts to come. The Interest Rate is still almost 20 , but traders seeing an opportunity for carry here, and that has the lira stronger. Guy lets talk about the ecb
on the technology. so, is all that investment starting to pay off? i spoke to ubs tech equity strategist sundeep gantori a little earlier. if you look at the headline numbers, it suggests that results are mixed. but actually when you look at the actual results and also what companies are telling, there are two factors that matter to us, a, monetisation and b, capital expense. they look at monetisation, for example, across the board, we are seeing revenue and contribution is almost like 5% for some of the companies out there. so that gives us comfort. in terms of graphics, clearly companies are spending on it, but in terms of compute, this is one area where they have been quite bullish recently. long story short, despite the future suggesting, we think the bull case for al, we still think is intact. we think that any excess correction is a buying opportunity. what is the implication of these big tech companies pushing more to monetise their investment into ai? what are the im