Were monitoring very closely for you, what is an acceptable surge . They usually like to say three to 5 increase over existing cases and a three to 5 increase of positive cases from what were positive cases before. It is not a hard and fast rule. But were watching that very, very closely because were told right now senate cdc is going to start giving specifics to that. I have not seen that before coming to air to join you right now. That is really going to be the big one to follow today, because if that shows to be beyond that range, some of the states that had planned roll outs will delay those rollouts. Whether that applies to florida is anyones guess. Right now the cases there have been noteworthy in terms of the spike but so far on the part of the governor there no plans to change the continuing rollout of these sheltering and various phases that will essentially get the entire ocean state open by the end of next month. All right. Lets get the latest. Excuse me, from edward lawrenc
In the white house, continue they continue to push reopening. Stephen mnuchin says another shutdown is off the agenda. Like ait does look terrible set up when it comes to this final friday training session. The selloff looks to continue. In the u. S. , it was deep and heavy volumes as we saw that box provedy go really be wrong that came to a screeching halt. 2 trillion to write off the value of u. S. Equities in under seven hours time. The are seeing a rebound when it comes to u. S. Futures trading for the s p, seeing upside about. 5 . Chicago and nikkei futures looking positive. Still, we could see some downside in the session, particularly as we continue to see the yen, really the only outperform against the dollar. In sydney, no such luck. Futures plummeting by over 3 . We had aussie stocks falling the most in six weeks in the thursday session. We are seeing the correction extend to almost 4. 5 percent in the early part of this session as we see downside for the kiwi and the aussie
It seems to be working his magic when it comes to boosting sentiment on the markets. When it comes to the growing power, it is pretty good. s are talking about china manufacturing pmi numbers coming in at record lows. These are all falling into contraction territory. As heidi mentioned, the markets are ignoring all of this because of the latest hints we got the boj action. A check on the markets and how they are tracking with sarah. There is nothing like higher coordinated central bank stimulus. We have seen this dark shift in sentiment. We see the pacific Index Trading modestly higher. The nikkei 225 is higher after falling as much as 1. 5 . We see Mainland China stocks leading gains. This is of more than 1 after the beating we saw last week. Off. 3 . Re theme point, we saw training back in positive territory. We are seeing some fluctuation. Gold is coming off of its highs and trading lower than 1600. At the same time, we see the japanese yen trading a little higher against the dollar
Dubai drops nearly 5 and egypt slipped 6 . Today in an unprecedented third election in less than a year. The political deadlock finally broken . 8 00 a. M. Across the emirates. This is bloomberg daybreak middle east. Im manus cranny in dubai. There is one word reverberating from the fed to the bank of japan. The word is appropriate. Appropriate actions to support the markets. The bank of japan will make sure ample liquidity, appropriate action and so the s p smell the sweet wisp of the put option around the world. The bank of japan injects liquidity, Goldman Sachs says there will be three rate cuts. Has anything structurally or fundamentally changed in terms of risk of a Global Pandemic . Probably not. Lets talk to Juliette Saly in singapore. Chinese stocks are starting to roll back to life. Are we putting in a bottom . Manus cranny juliet a huge game for the csi 300 and for once, nothing to do with liquidity. Instead, the bet we will see more government stimulus after the shocker pmi
Cooperman taking on trump over the Federal Reserve in times of crisis Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu. Announcer to Brian Sullivan. With me the entire hour, peter bookfar wiright now stock futur indicate what could be a nice open to the upside, about 175 points within the last hour we were up 400 to 500 points implied. Well see if that moves. The Dow Jones Futures have been going from losses all the way to gains. At one point we had a range of 1100 its been a volatile, possibly preshadowing the market. Tenyear government yields we gone down to 1. 0 3 year, setting the record twoyear treasury notes, 1. 2 . The session low for americanbased crude is 43. You can see 45. 53 the last trade there. We have seen a bit of a downside move in the last hour or two lets watch whats happening a rebound in under way, in asia and europe as well as investors hope for action from global Central Banks around the coronavirus. Matt taylor is in singa