Of a vaccine. The state to asks move on over a row over his aid. A lot of the focus is on equity markets. Our question of the day was why we see such difference between what Financial Markets are doing and what the real economy is telling us. Today the focus is not on the tensions between china and the u. S. , a question that has been escalating, we are looking at treasuries. Investors are weighing in these fresh fiscal stimulus and what that will do to prop up the economy. Im also looking at crude oil and then gold, a good litmus test out there. China has approved its controversial new security law over hong kong in defiance of President Trump and his secretary of state. Who says the city no longer has any meaningful autonomy from china. Joining us now from beijing. Thank you for joining us. They just voted to endorse a National Security law. What comes next. No surprise that the nationals People Congress approve the proposal. They are circumventing the Hong Kong Legislature to pass t
In there. Later that night, Police Say San jose, and up some people in the group blocked intersections and threw oakland, berkeley hills, there is the 70s itsand black diamond, sexting hundred bottles at police, and rocks at feet, that is above clayton, cars parked in the neighborhood. Near mt. Diablo. Another group of people were arrested for breaking windows and looting businesses in very warm air, but cooler for downtown san jose. This Morning Police in everyone else, that will sweeten oakland are reporting there were no arrests after two demonstrations in the city, and send a weekend timeframe. Last night. Today, way above them in the ktvus allie rasmus reports on the call from protesters for city near 100 degrees. Police reforms. Good morning. Over to sal now. Good morning, frank. Thats right. How are things picking up . No arrests, no reports of where would you like to start . Arrests or use of tear gas as thanks for picking up at my residents marched through house, steve, i hear
More protection, the ecb tweaks policy. The economy ravaged by the coronavirus. Ftse futures point lower, and much of europe is closed but we will see trading in london. Apital is coming apollo aims to raise 20 billion and several new funds for opportunities in distress and private debt, this after boeing sold 25 billion worth of bonds in the largest offering of the year. Just under one hour away from trading in the equity markets that are open. London notably, and the ftse futures are down this morning. We also see s p futures, dow futures, and nasdaq teachers down. Nasdaq futures down. We know the u. S. Markets will be open as well today. Typically a european holiday. The u. S. Has detonated a different has designated a a different day for that purpose. The notable figure, the first one i see in the First Quarter, 802 Million Pounds versus 86 Million Pounds in the previous year. This is a number we are looking out for a lot of banks during this crisis. Newsrms of other notable from r
Interview with Michael Oleary is coming. Good morning. Also happy friday. It has been a long week. This is what your markets are doing and a lot of folks about what we heard from a we heard about will we heard from the European Central bank. We continue our earnings outlook. Was tech yesterday companies. This is what i am looking at, dollars up. U. S. Futures are down. Treasuries advancing. If you look at trading, holidays across many major markets. Gdpecb coming out with calls saying it could be it could rebound. Of course, this year that gdp could shrink between 5 and 12 . Year will be next a lot better. We will have the more forecast. Figureseuro area gdp being published. We will delve deeper country by country and give you an update. Lets get to new york city with the first word news. Viviana we begin with the u. S. Federal reserve expanding the scope of its main Street Lending program. Businesses with up to 15,000 employees will be eligible. Expandingl bank is its paycheck protect
Mateo. Thank you for checking in. This is a look at interstate 880. That traffic is coming in. Now it is 6 00. Late go back to the desk. Governor newsom has issued an advisory for Large Group Events in the coming weeks. Cancelling or postponing gatherings of 250 people or more and it runs through the end of the month. It says small events can go ahead as planned if organizers can create whats called social distancing. Meaning people can stay 6 away from other people. Gatherings of people at higher risks should be limited to ten people. The coronavirus outbreak affecting the world of sports in a big way where fans in arenas cheer on their favorite teams. The nhl will let us know. The nba has already suspended its season after a player for the utah jazz tested positive for the virus. Good morning. Reporter thats right. Yeah. Huge disappointment for fans and players. But the warriors released a Statement Last night saying they do support this decision because the safety of their fans, sta