Short two to three week circuit breaker. The northwest of england, the northwest, the northeast. The list is growing longer. Tom it is going to be interesting. To say the least, the lockdown in america is not a lot done but is very regional, as mentioned in the debate last night. The upper middle west really hit hard right now. In new york city with our news, ritika gupta. Ritika President Trump and joe biden covered a wide range of issues in last nights second debate. Amongst them, racism, corruption, and the manner in which the president handled the coronavirus. Trump no choice. We cannot lock ourselves up in a basement like joe does. He says we are learning to live with it. People are learning to die with it. He also said the vaccine would be coming in weeks. In that of a guarantee is that a guarantee . Pres. Trump it is not a guarantee, but by the end of the year. Mr. Biden anyone responsible for that many deaths should not remain as president of the United States of america. Ritik
Environment which was lax when it came to normal, standard procedures associated with covid, wearing a mask, social distancing, trying to take as much outdoors as you can, and working from home. And none of those things were Standard Operating Procedures at the white house. I think that the American Public is getting a look at, when you take risks, you are going to have to pay the piper, and thats whats happening. David before any of this happened, one of the Big Questions in the election coming up just a month from now was, do we trust President Trump more than we trust former Vice President biden to handle this crisis . The president was already behind in most of the polls on that score. We are getting conflicting, sometimes ambiguous or confusing briefings from his doctor at walter reed. There was a lot of working things walking things back. We also saw the president get into his suv, a closed and contained suv, with two secret service agents, to drive past the people inside. He say
From the market today, even do see the that, we higher than yesterday, and volume down 6 or yesterday. Same time lets bring back darrell kronk, ells fargo Institute President to give us a little more insight off what we should be looking for next week. Its april jobs report, it will midmarch to midapril, so asically a more clear picture of what happened when the lockdown really took effect. Will that data point matter to investors. Its backwards looking, yes, but its going to e really paint out for us in black and white the damage from the pandemic. Darrell yeah, its a great point, scarlet. It will matter. It always is, if not the most important Economic Data point, one of. Y it looks less like on the math 22 millionhere around jobs would have been lost through the month of april on payroll report. To put that into perspective, thats basically all of the jobs in the u. S. Ed economy through the 20092020 expansion period. The Unemployment Rate is going willeak to 16 , 17 , which far sur
More protection, the ecb tweaks policy. The economy ravaged by the coronavirus. Ftse futures point lower, and much of europe is closed but we will see trading in london. Apital is coming apollo aims to raise 20 billion and several new funds for opportunities in distress and private debt, this after boeing sold 25 billion worth of bonds in the largest offering of the year. Just under one hour away from trading in the equity markets that are open. London notably, and the ftse futures are down this morning. We also see s p futures, dow futures, and nasdaq teachers down. Nasdaq futures down. We know the u. S. Markets will be open as well today. Typically a european holiday. The u. S. Has detonated a different has designated a a different day for that purpose. The notable figure, the first one i see in the First Quarter, 802 Million Pounds versus 86 Million Pounds in the previous year. This is a number we are looking out for a lot of banks during this crisis. Newsrms of other notable from r
This is march data, so it doesnt take account the real slow down. Just the very beginnings of it. We are not seeing much of an impact on equity indices, but we were already lower. Tons hit by pause but amazon and apple. We also had oil Company Earnings that were week. Then we have President Trump ratcheting up tensions with china once again. Crude oil was above 20 a barrel a few minutes ago, down to 19. 30 there. Is definitelyuan we getting on those comments from President Trump. The dollar trading at 7. 13 right now. Down nearly 6 . Vincent there are all kinds of guy there are all kinds of quirks in the ism number and how it is calculated. It is may 1. That means most of europe is closed today. Most major markets are shut for the day. The ftse 100 has its own calendar, and it is open. It is down by around 2 . Down 5 , 6 over the last couple of sessions. Highlighted a couple of the big stories driving that. The pound is softer by 0. 6 . The aussie market overnight taking comments from