Bank should have never taken Jeffrey Epstein on as a client as it agrees to pay a 115 million fine. Confirmed drove cases in america have crossed the 3 million mark while the death toll has made the biggest one day jump since early last month. Lets look at the markets as they double down on the concerns around the coronavirus and of course the Economic Impact the European Markets had a contraction. Decent forecasts for investors to rake through just highlighting some of the fears that many have had in the spike of fresh cases we are seeing in terms of the Market Action, we are picking up on the wall street trade and to European Markets that reversed. You can see another modest decline. 1 3 of a percent coming off the benchmark. The sectors and the boards the ftse trade is down by. 2 of a percent. It is a minimal decline. Were hearing further reports around consumption, any further scheme to try to support market businesses that has meant we are just down modestly this is what you are s
Dont forget, we have heard a huge amount of noise over the last few minutes, last few days, i should say from various politicians in germany and on that front, i want to bring in my colleague, anita we have heard again and again and again from analysts, from economies they would like to see fiscal stimulus in germany whats the latest when it comes to government appetite, political appetite for that possibility . Actually the better the Business Indicators are getting the less appetite is there i think the rational in germany among politicians in berlin any way was always a recession in their ideas when they see it already on the labor market. With we see deterioration in unemployment numbers thats the moment when politicians in germany would be willing to act in terms of fiscal spending. The more were getting away from that, the less well likely see a big bang for the stimulus package coming out of germany. What we might actually get is some tax free forms that at least in preparation
Rbf and barclays to follow. Today, we hear from the cfo of Software Giant sap. Welcome to bloomberg daybreak europe. Has described Boris Johnsons situation this morning looking at a fruit tree but unable to eat or drink anything. He is going to try and put a meaningful vote to parliament today. Speculation is he may have those votes by just 16 in terms of that amendment. And then we look ahead to this week. If we get a vote, we asked whether it will pass. Optimismms to be some in the market. Sterling is softer today but the drop of. 5 , nothing compared to the gain of 5 this month. Votef them saying a was passed this week. , credit of strategists agricole, we could see 136 in the mediumterm. One week volatility staying elevated near the 2016 highs. Manus. Manus that is the conversation we had yesterday. He said a lot of the risk is in the Options Market, not in the spot market. Hard brexit risk runs for the rest of 20 20. Even if he gets a deal over the line because he has a lot of tra
Markets gyrate. The fed manus a challenge of outlook for deutsche bank. Deutsche post. , 4 fullyear earnings billion4. 3 billion. Previously, that was 3. 9 euros. That is what the market most likely will focus on when it becomes the actual numbers confirming the 2020 forecast. And the Second Quarter even. Ahead of the estimates of 756 billion euros. It is all about the guidance for deutsche post. Loweringaw was the imf the basis points. Lowering the outlook for air freight volume. And they expect ocean container growth of just 2 . Youre seeing a negative skew from the various highs in terms of what we can expect. Im expecting a very big Parcel Delivery for you this week. Good morning. Nejra manus, i cannot wait for that. Ray to have you back. Let us turn to the markets focusing on the u. S. Naming china as a currency manipulator. Droppedy, the s p 500 3 . The biggest drop this year. Turning positive. Up 0. 2 . And the 10 year yield after hitting a 2016 year low after a 2016 low yesterd
To file an antitrust lawsuit against ticketmaster parent livenation as early as today lets begin with nvidias blowout quarter. The Company Revenue more than tripled in q1, and its datacenter business grew by more than 400 over a year earlier sending shares above 1,000 for the first time heres jensen huang on the call last night the demand for gpus and all the datacenters is incredible. Were racing every single day, and the reason for that is because applications like chatgpt and gpt 4o and now its going to be multimodality and gemini and its ramp and anthropic, you know, all of the work thats being done at all the csps are consuming every gpu thats out there jim, a lot of the commentary today says any worries about an air pocket probably get assuaged today. Yeah, look, there was a lot of teaching on the call last night. Jensen came in right after colette kress, the amazing ceo usually he comes in later, but he wanted to explain to people about the Industrial Revolution thats begun and