Stake. And, one more reason to leave the bay area. Devastating wildfires burning through californias wine country again. We will take stock of the damage. Those stories and more. Vmware shares up today on the back of vm world. Overall, the rebound faded today. Lets get a complete picture with Sarah Ponczek in new york. We just got some breaking news out of disney. Offcompany now laying 28,000 workers in its parks business. They had been struggling in the midst of the pandemic. Many of these workers had been furloughed with benefits but now they will be officially losing their jobs. More devastating news. Weit is just a reminder that could see more layoffs as the labor market improves. On,fact that, as time goes if we do not resume normalcy, Companies May have to make amends. And that could mean further layoffs. When you look at the Broader Market today, it was really a wait and see day. Volumes across the major stock exchanges, the lowest Trading Volume in over a month. Onlly waiting a
Environment which was lax when it came to normal, standard procedures associated with covid, wearing a mask, social distancing, trying to take as much outdoors as you can, and working from home. And none of those things were Standard Operating Procedures at the white house. I think that the American Public is getting a look at, when you take risks, you are going to have to pay the piper, and thats whats happening. David before any of this happened, one of the Big Questions in the election coming up just a month from now was, do we trust President Trump more than we trust former Vice President biden to handle this crisis . The president was already behind in most of the polls on that score. We are getting conflicting, sometimes ambiguous or confusing briefings from his doctor at walter reed. There was a lot of working things walking things back. We also saw the president get into his suv, a closed and contained suv, with two secret service agents, to drive past the people inside. He say
Make concessions on fish that has led to concerns among officials that he could hurt efforts to reach a wider trade deal between the eu and the u. K. They have said there can be no deal without agreement on what access eu boats will have to british waters. Onbal news 24 hours a day air and on bloombergquint take, powered by journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york, 6 00 in london, 1 00 a. M. In hong kong. I am vonnie quinn. Welcome to bloomberg markets. Here are the stories were following. White house chief of staff mark meadows is optimistic President Trump could be released from the hospital this afternoon. The latest headline throughout the hour. Again asties higher investors hope a stimulus deal may come soon, among other reasons. We talk to valerie grant, Portfolio Manager at alliance. Internal documents from exxon wasl reveal the company projecting an increase in co2 emissions of 17 by 2025. That exclusiv
Prospects and rising virus numbers. Disney is laying off workers at its u. S. Theme parks and resorts as covid19 continues to hammer travel and demand for group entertainment. Ahead of the first u. S. President ial faceoff, that debate in cleveland happening in the next couple of hours. We are seeing asian markets looking like they will start the day pretty adrift. Chinese pmi numbers could show a steady decline further into more negative conditions. This is how u. S. Futures are trading after slippage in the overnight session with low volumes going into that debate. Contracts are pretty flat at the moment. Thinolume is expected and liquidity on the ground in asia with korean markets on a Public Holiday and the last day of trading before the golden week holidays takes the mainland Chinese Markets out of action. We are seeing a pretty flat start according to the futures session. In sydney, bearishness going into the open, looking like indicated downside of 1 when we get into cash tradin
Lot of panic just yet. Nifty futures in the positive in singapore. But see how other markets are faring. Jakarta coming online. That is 1. 5 lower in indonesia. We are watching chinese stocks under a bit of pressure. As we see shortselling on these local exchanges, reaching a record. Hang seng down 112. Hsbc and Standard Chartered having another bad day. And the kospi as well, 1. 5 lower. As take a look in terms of what we saw overnight. The dollar very much in focus. The biggest gain in three months surged on this haven buying. We see real yields are higher. Those things have stabilized a bit. Did see brent crude actually, wti falling from 4 overnight. Gold is hovering around 1916 and silver really took the biggest hit yesterday with the fall of nearly 8 for silver. Taking a look at fx, with that dollar, we are seeing negative reaction that comes across g10 in asia fx. You see the pound. Cultic concerns back in the forefront. We could hear more from boris johnson. The Prime Minister h