Its the latest number more than 40040832 be exact announced by the head of the robert Coffee Institute which is really concerning people the interesting thing to point out in so far as these concerns go is that that number he says 10000 well Angela Merkel the chancellor of germany was saying at one point in in recent days that she feared it would be even greater than that so that gives you a sense that there is a considerable amount of concern right now here in this country that they are struggling to keep control of the coronavirus. Interesting the enough the death rate has not there has not been a parallel surge in death rates across germany some states over the past few days have reported a rise in the number of deaths but not consistent with the pattern that was established at the beginning of the pandemic that needs to be said there is also the point to make the germany really hasnt suffered the sorts of death rates that other countries neighboring countries have been suffering at
Super markets spree Grocery Sales as british shoppers spend more to stock up amid the lockdown loreal looses ground after the french group scraps its guidance and warned that coronavirus will have a bigger impact that previously expected. Chinas factory activity has restarted and apparently rebounded in march after disruption was disrupted bit Virus Outbreak the pmi has risen to 52. Anything above 50 is expansion the number in february came in at a record low of 35. 7. Highly significant but much better than expected analysts had been forecasting a contraction. Well get to emily report we are seeing the Hong Kong Market close out a session on a tuesday with positive gains. With the form of the official pmi for march. The hang seng index closing up 1. 4 at 23,503. The latest pmi for march better than expected with a 17point jump to 52 back into expansionary territory coming off a record low in february coming out quick to say that they are cautioning that the readings do not dignal a st
Meet the new flu, same as the old flu, except it spreads faster and more easily the dow gaining 116 points,. 47 , and the nasdaq. 87 , record highs. But you know what, you know where the real action was, it was in the highest of flyers and the basis of speculative stocks. Thats what withe need to focusn partly because of the coronavirus and the old guys will say, this is the top i dont think that but im giving them their due what am i talking about, Virgin Galactic, plug power, and countless others that have become the darlings for younger investors. Look at my twitter feed. Read reddit, rather than reading the register for the news hour. Speculation, i think its good, even essential, essential to speculate on stocks, just part of your discretionary market youve got the retirement money, of which is completely wrong to speculate on, then you have a mad money portfolio, a group of stocks, within that group of stocks, you can have speculative stock. One or two i wont try to talk you out
Expected to remain in place until after novembers election. Steve mnuchin says there are no side agreements ahead of the phase one China Signing today. Equities fall on concern that trade tensions arent over yet. That is a report suggests the u. S. Is drafting rules to block. Ore sales to huawei ubs embarks on a sweeping round of job cuts as Morgan Stanley promotes the fewest number of people to its top ranks since 2002. Goldman sachs reports later today. Just under an hour away from the start of cash trading. Lets take a look at what features are showing us. They are red arrows across the board. Not big in terms of side size. A few drops in dax and ftse futures. Futures, there. Are red arrows. Early on in the game, 7. 5 hours to go until the nys be brings its opening bell. We see s p, nasdaq, and down jones features down. What do you see . Anna something negative on the asian equity session. Asian equity markets headed to their first job in five sessions. Drop in five sessions. We see
Brussels italy remains optimistic about defending he its deficit case to the commission we just talked yesterday, i will talk in a few minutes there was a fair play a new dynamic to the conversation i hope so. European chipmakers in the red after Semiconductor Supplier iqe warns fullyear revenue will miss expectations as u. S. Restrictions on huawei hit Global Supply chains good morning we have a very busy show first i want to take you some pictures of eu leaders who are gathering for the roundtable well bring you the latest from brussels throughout the show this after reports that there doesnt seem to be an agreement yet on the future of the president of the European Commission negotiations are continuing. Lots to discuss, not least the future about the european the head of the European Commission as well as italian Political Developments as well as geoPolitical Developments overnight. Something that well be discussing shortly with willem marx who is there in brussels. I also want to