Happy monday. This is bloomberg surveillance. Khan Francine Lacqua in london. Lets get to your markets. Investors, trying to win a number of infections rising with all of the extra stimulus being put out. If you look at what the market is focusing on, stocks are falling, gold is nearing highs on concerns about the virus, treasuries on the dollar hovering below 40 a barrel in new york. Market checks through the day. Lets get to the first word news in london. Here is dani burger. Disappointing crowds for Donald Trumps First Campaign rally since the virus outbreak. The event in downtown tulsa attracted far fewer supporters in the white house had touted. It was overshadowed by continuing criticism of the president s response to the pandemic and his reaction to protests against police brutality. You are warriors. Thank you. We had some very bad people outside. [cheers] we had some very bad people outside. They were doing bad things. I stand before you today to declare the silent majority is
The bloomberg terminal. Sentiment boost. The fed announces it will begin buying individual Corporate Bonds. The Trump Administration considers a 1 trillion infrastructure proposal. Riskon becomes the only words investors on investors minds as stocks rally. Fears of a second wave of Coronavirus Infections take a backseat. You can see the big jumps in cash trade and futures across asia, europe, and the u. S. , and a call between Boris Johnson and e. U. Officials. The Prime Ministers saying he sees no reason a brexit deal cannot be reached by july. We are just one hour under under one hour away from the start of cash equity trading in europe. Taking a look at futures, we see decent gains here. I saw a moment ago over 3 for dax futures. Dax futures are the biggest gains. Ftse futures, 2. 25 percent. U. S. Futures, more than one person gains as well across dow jones s p 500 dow jones, s p 500, and emini futures. Looks to be riskon for tuesday for sure. Anna . Anna lets have a look at what t
Monetary and fiscal stimulus out there. Oilmarket is focused on given what opec may or may not do. Treasuries are advancing. Stocks edging lower in europe. Also edging lower when it comes to u. S. Equity futures. Investors now trying to look for fresh candidates for gains amid a rising number of Coronavirus Infections in some countries. I would point to oil as well. Annmarie hordern spoke to the russian oil minister. Chinese shares actually pairing losses after we saw the pboc saying they want the flow of credit to the economy to increase 30 trillion yuan this year. Notice bank leaving a key rate at its benchmark at 0 . Good morning, francine. President trump asked for chinas help to win reelection, that is the allegation by john bolton in his tellall memoir. The white house is seeking an injunction preventing the form a National Publishing the book. Bolton is the most senior official in the Trump Administration so far to publish an account of his experience. The president s Campaign T
Parents will keep the children home. Welcome to bloomberg surveillance. A lot going on in the markets. We have several markets closed because of the german holiday. In atnufacturing coming 39. 4, touch below estimates. We were expecting 39. 5. The impact on the euro is pretty minimal. The focus is whats going on between the u. S. And china the focus on the rally. Investors are shrugging off this political unrest in the u. S. Followingng at dollar with treasury. U. S. Is planning and expanded to 17 in the autumn. He says he also would like to invite leaders from russia and south korea. Inclusion of russia is likely to be the most controversial. It was suspended what was then the g8 when it annexed crimea. South africa emerges from its lockdown. Proposing a range of measures including hedge fund and financing for structure spending. They say there are limits to what Central Banks can do for the economy. Because theyve been useessful, then we can central bank to solve our problems. Do u.
France and germany and others remove travel receptions spur tourismu. To and britains nonessential shops opened today as well. Stocks fall on fears of a wave of rhinovirus infection. Over 20 u. S. States see a pickup. Tokyo sees the most cases in over five weeks. Beijing reports another outbreak. Plus, bloomberg learns of an internal plot at nissan to take months beforeown his arrest in japan. The information comes to light and is due to face a trial in tokyo. Just under one hour away from the start of cash equity trading. Lets take a look at how far down futures have fallen, right now looking at 2. 5 drop on the stoxx 50. The benchmark index. Futures down a little bit more than that. Teachersok at u. S. As well. S p 500 emini contracts approaching 3 losses. Nasdaq futures off. What does the gmm look like . Anna ill get to the gmm in just a moment. Pricel giant revising its assumptions and expecting to take a charge in the second quarter. They see a noncash impairment and the write off