Im also brian sullivan. Welcome. What a week this was and guy adami, i am not going to take anything away from a dow that rose nearly 2,000 points and its better for most peoples portfolios than it falling 2,000 points. But i believe were going to eamon are we going to eamon . You have time now to think about that question. Lets go to eamon lets go right now to eamon jafers who is at the white house with more news following the president s News Conference which certainly moved market, eamon. Boy, did it it was a thousandpoint spike while the president was hearing. Traders clearly liked what they heard and the president takinga i ceofocused approach and bringing on the ceos of target and name checking google the president i thought taking a much different tone on the coronavirus. Hes tended to sort of minimize the danger of this over the past couple of weeks and yet today he said Something Different heres what he said. In the coming weeks we will all have to make changes and sacrifices,
The pullback overblown . A change at disney. Bob chapek becomes ceo immediately. Bob iger will remain chair and continue to direct creative endeavors. Another bloody day in the markets on the back of more bad news on the coronavirus. Watching the edge of another cliff. No surprises for how we are set up for this wednesday trading day. New zealand already off by almost 2 futures. Here in sydney, poised for another drop. Asx off this week. A couple of things to watch out for when we do get going, Virgin Australia announced a firsthalf loss of 97 million. We are also expecting rio tinto earnings after the close. Nikkei futures off about 1 5 of 1 . A quick look at the currencies. The aussie dollar did briefly dip below . 66. It is just holding on above that level them. The yen continuing to strengthen. A little bit of a rebound but not much in the 10 year as well. The u. S. Centers for Disease Control and prevention is warning americans to prepare for the coronaVirus Outbreak at home. It i
On the campaign trail. Not only for the president ial candidates but also the upcoming senate, house, and governor races. It is free. It is easily accessible. Its all there at cspan. Org. Members of the Senate Budget committee along with budget experts discuss ways to improve the congressional budgeting process. They spoke at an event hosted by the committee for a responsible federal budget. So, this sounds really loud to me. Does it sound okay to people . Yeah . Hello everybody. Im maya mcginnis. I run the committee for responsible budget. Im pleased you joined us for our forum. Many of you probably know this, but the committee for responsible federal budget is a Bipartisan Organization focused on fiscal responsibility. And if you look at the world right now where the debt is at near record levels, never been this high relative to the economy since world war ii and the deficit is the largest its ever been when the economy is this strong its a really important issue to focus on right n
Emergencyeils. Easures this amid eight months of strikes by hospital workers. The capipital of bololivia, whee many fear for their safety as tension continues to rise. Aboutquinn will tell us the latest scandal to hit the australian banking industry. For w watching. Protests have been taking place across the country. Days of protests, and iranians continue to be offline. Representativen to aa explainow they cacame up with the figures. We have being able we have bebeen able to get eyewitness testimony, video footage, bult. Ases leleft on the ground today we have heard from the leadership. They are pushing the narrative e that the unrnrest hs the president made a statement in a meeting with his cabinet, congratulating the nation for passing the test and not letting irans enemies take advantage of the s situation. Statement of the suggests an effort by the areident that the protests over. State media with a similar message. The company one headline e was a pictcture of a security officicr
Retail earnings over the next couple of days. Thirdquarter earnings better than estimated at 1. 13. They see their fullyear adjusted earnings raised from what they saw before on the 5. 91. D, looking at. It looks like on first blush, a beat and a raise for the rest. Global exchange for the rest of the year. Time now for global exchange, where we bring you the news from all around the world. Our bloomberg voices are underground with the latest. China and the u. S. Agreed to stay in touch on remaining issues to get to a phase i trade deal after a phone call earlier, in which topic a shooters top negotiators from both sides discussed core concerns. They agreed to maintain communication on the remaining issues for the first phase of negotiations. Enda curran joins me from hong kong. It is a long, convoluted way of saying they are still just talking . Is all about the mood music. It is another day of incremental news that seems to bes adjusting that governments are on track for some kind of