Wirecard withdraws results, assets missing 1. 9 billion worth of cash. Quality doesnt exist. The group says it is in discussions with lending banks. That has got to be the most stunning headline i have probably ever read. I dont know. Ill have to refresh my memory. Weve got a debate. Jpmorgan says get more selective. Howard marks has done the anatomy of a rally and i think we have gone from flawless to hopeless and back again in record time. The question howard asks is, are we being passionate enough about weighing the risk . Good morning. Nejra good morning, manus. We have been looking through what jpmorgan has been saying, investors getting more selective in the second half and i found the comments from jpmorgan interesting, especially when we look ahead to the potential for yield curve control, there are some asking questions whether it will be a buy everything rally but jpmorgan dont think it will be, do they . Manus they dont. James athay saying fill your boots with everything. Jp
First time in years. And the fed the ecb cuts funding costs. Boris johnson pledges a lockdown exit plan. Welcome to daybreak era. As we head into may, how about these markets . 1987. St month since u. S. Equities. U. S. Jobless claims yesterday, the you want to focus on the unemployed or the fact that the claims have been decelerating for four weeks. We saw a red on the screen yesterday. More than 1 . Own a lot of markets closed. In asia, japan is open. Read on the screen for japan. Many are closed but ftse futures points to a down day. Risk off across the markets. Dollar strength coming through on the bloomberg dollar index. Oil is an outlier in terms of the risk picture heading for a monthly gain. Coronavirus,o the u. S. Coronavirus cases recorded the slowest daily increase for the month of april. Resident donald trump will theel to camp david for first time leaving the white house compound for more than a month. The president is preparing to resume travel and reopen the economy. Yor
European shares fell for a fifth straight session on Tuesday, pressured by a rise in government bond yields globally, with investors worrying about a potential recession and the impact on corporate profits from a rapid rise in interest rates.