This is bloomberg surveillance. Im Francine Lacqua in london. Lets go straight to the markets. We are seeing a lift to the market somewhat but a bit flattered then what it was earlier on. 0. 4 . Oxx 600, down by the dollar is rising. Treasuries advancing. We had a little bit of momentum. We saw that historic rally. The dollar strengthening for the first day in nine sessions. The Federal Reserve extended its main Street Lending program which means it is allowing more companies to participate. That lessens the burden on banks that create the loans. Plenty more on that throughout the day. Thats get to the first word news in london with dani burger. Dani hi. Lockdowns across the world may have prevented about a half a billion coronavirus infection. That is according to the first peerreviewed analysis of the impact of health policy. It comes as the World Health Organization says people without symptoms passing on the virus is very rare which contradict speculation about the prevalence of so
A suspect who was africanamerican stories already making headlines all over the world and and then he with what appears to be his full weight pressing down on the suspects neck while the suspect is on the ground and handcuffed with this is say the officer held his knee on the suspects neck despite pleadings from the suspect and from bystanders for their part the officers are heard on the video suggesting that they tried to put the suspect in the cruiser but they were unable to do so. Also as we look at this image. Its important to note that the reason that this suspect is being arrested is because a merchant called police accusing him the suspect now identified as george floyd who you see right there with the officers knee on his neck of trying to pay with a 20. 00 bill that the merchant believes was counterfeit so thats what started all of this ok what i want to do now for you strange show you part of the actual video and look this goes on for quite some time ive watched it many many
Included 75 previously announced, so the likes of avolon, for example. The stock is down about 0. 3 . We had been anticipate and we would get those numbers today. Once again, boeing lost orders aircraftf its 737 max last month as air travel plunged amid the coronavirus panda make, and of course coronavirus pandemic, and of course, lessors and the like all canceling. Elsewhere we are rallying here for the s p 500. Theres just one sector in the s p 500 lower, and that is banks. We will get to the conversation on their earnings in just a few minutes. Jp morgan and wells fargo out today. Crude oil down on was 5 again. It cant catch a break these days. The 10 year yield at 74 basis points. Guy lets talk a bit about what is happening here in europe and around the world, equity markets and the virus story. We are starting to see maybe some indications that we are seeing a plateau in the number of cases in countries across europe. We are also starting to see some countries reopen their economi
Markets already. Inbecause it has been priced the markets already. Doubly more downside as opposed to upside on the trade front as we focus on global growth, textiles under pressure. Textiles remain the focus, Technology Remains the focus, in u. S. China trade negotiations. Win, is touting this as a and i just wanted to highlight, this is down by 3 10 of 1 , but on its way to be the biggest thek exchange here in Southeast Asian region, 5 00plus billion in value, and stocks are leading. Lets look at the fx space. Currencyent to avoid rishaad well, we are looking to the skies now and the stock of manipulation, but Goldman Sachs says nothing new there. Reporter says the hour. You have got china space sat, haslinda. Haslinda you know why we are dollar yuan is not tariff watching it . It went as high as 10 . Traumatized. China data Going Forward, people the daily limit, on a day when chinese stocks are down, this will look and see where the yuan goes from here. Develops and manufactures ver
With the managing director of the International Monetary fund, who spoke at the annual wall street journal ceo council. She is the managing director of the International Monetary fund speak at the annual ceo Council Meeting in washington, d. C. Give us a primer on the u. S. Economy talking about the international economy. Kristalina georgieva is the managing director of the new chief of the imf. Lets see what her prognosis is for markets outside the United States. [applause] happy to have you here. Lets get right into it. We had an upbeat view of the us economy and complaints about the global economy. Lets start with the u. S. Despite everything we have seen a slowdown in us growth this year and a slump in manufacturing, decline in business investment. From your perch, what is your outlook for the us economy in the coming years . The us is in a good place. People in this room have contributed to that, the longest in history, expansion, lowest in the last 50 years. To see that wages, an