Chancellor of the u. K. On how he plans to ensure economic recovery from the pandemic. This is what the markets are , however,n, the virus it appears european stocks are climbing after promised renewed support for airlines. Shrugging offo be virus worries that were seen in the u. S. Markets and focusing actually on what is happening closer to home. The dollar is strengthening, treasuries edging higher, shares primed in japan and south korea on below average volumes. Now lets get to the bloomberg first word news, and wall street regulators are rolling back. Changes to the volcker rule means lenders will soon be able to boost investments in Venture Capital funds. They will also be able to pocket billions of dollars a set aside the backstock trades. Germany is prepared to strike back against the u. S. On nord stream 2. Chancellor Angela Merkel is looking for an eu response on the pipeline, designed to pump gas from russia to germany. May prompttervention a joint response. The u. S. House
The House Oversight and the m subcommittee on Coronavirus Crisis held a hearing on the strategic hear from ockpile to the person in charge of keeping it filled. From estifying, officials the Defense Department and health and Human Services. Good morning. Welcome, everybody. Mr. Clyburn today, our select holding a hybrid hearing where some members will appear in person and others will webex. Remotely via since members are appearing in person, let me first remind veryone that pursuant to the latest guidance from the house attending physician, all ndividuals attending this hearing in person must wear a Face Covering. Remove themw you to s you see me doing in order to speak. I know a bit about how your and then t fogged up you dont see where youre going. Wearing a Face Covering are not permitted to remain in the hearing room and recognized to speak. So when youre not speaking, we you to have the facemask orwell not recognize you. Or we will not recognize you. Make a few reminders about hyb
To gains ahead of todays fed decision. Investors consider the possibility of a return to 1930s era yield curve control. Kowtows. Teaus mike pompeo accuses a company of bowing to beijing. A top investor adds its voice in the rebuke of hsbcs decision. Time is running out. Cerberus is tired of waiting for a turnaround at commerzbank, calling the banks performance an abject failure, the activist investor seeking two seats on the Supervisory Board to turn things around. We are just an hour away from the cash in europe and the u. K. Let us take a look at futures first. We have turned from losses to gains, now looking at green arrows on european futures after dropne to two plus percent we saw in cash trade yesterday, we are also looking against in u. S. Futures, right now 0. 5 , no matter which contract you look at across the dow, the s p, and the nasdaq. Anna . Of breakingle bit news coming through on the spanish clothing retailer inditex. Delaying its dividend for 2021, but we are waiting f
Last. Anyone else quarantine confusion the u. K. s only telling new arrivals to isolate now that infections are falling which stop the spread. And on time the hamas now have all the support including tyson fears from osa says the match against the ontario wilder could happen this year in macau. 2 weeks after 46 year old black man george freud died under the knee of a Police Officer sparking a global wave of protest the accused killer has faced court Derek Sherman has been charged with 2nd and 3rd degree murder as well as 2nd degree manslaughter is appeared by video link in a Minneapolis Court as the charges were read thousands of people queued to pay their respects to George Floyds body and his home city of houston is funeral will be held there on tuesday and as the protests grew the cry to defund the police has become louder counselors in minneapolis of already committed to dismantling the Department New york and los angeles have also vowed changes to funding. Lets go straight to john
A key figure from the arrival of ministration makes a surprise appearance in moscow. And marching to the beat of a different drum india defies its growing coronavirus told to reopen shops and places of worship. Center 2 weeks after 46 year old black man george floyd died under the knee of a Police Officer sparking a global wave of protest the accused killer has faced court there it show been has been charged with 2nd and 3rd degree murder as well as 2nd degree manslaughter he appeared by video link in a Minneapolis Court as the charges were read thousands of people queued to pay their respects to george fords body in his home city of houston his funeral will be held there on tuesday and as the protests grow theyre trying to defund the police has become louder counselors in minneapolis have already committed to dismantling the department or new york and los angeles ive also vowed changes to funding john hendren is live from houston and john has been moving a scene there tell us a bit mo