Worn surging numbers may undermine a Global Recovery. Plus, we discussed prospects for the u. S. And the wider picture with the atlanta fed president , who joins us this hour. Haidi lets look at the sydney staggered open, the friday session muted compared to the street we have had in asian stocks, asiapacific stocks seeing 13 consecutive days of gains broken by the thursday session, the longest winning streak since 1988 coming to an end. A flat stock a flat start in sydney, kiwi stocks up, muted start in japan spite heavy inflows of foreign buying. We are seeing a further downside when it comes to trading in the futures session. Getting secretary mnuchin speaking at the moment. He is speaking in an interview with Bloomberg News, saying financial conditions are quite strong, that companies that are need grants,covid not that. We heard secretary mnuchin earlier asking the fed to return unused coronavirus money. We will get you more as we get those comments. This is coming at a time when
Are right about the Economic Data. This is the point where it is beginning to click in nation to nation, and we are seeing some grim data. I look at the eto screen for the United States later this week, and those are numbers. We l points that where that we have never seen before. Two year yield continues to grind this morning. Francine we also look at renminbi, given what President Trump said about chinese tariffs yesterday. Lets get to first word news with viviana hurtado. Viviana as many as 100,000 americans could die from the new coronavirus, this death toll update coming from donald trump. He said he hopes deaths would total less than 60,000. So far more than 67,000 americans have died. President trump accuses china of trying to cover up the coronavirus outbreak. He promises the u. S. Government would release a conclusive report on the pandemics chinese origins. He also says imposing tariffs on chinese imports would the ultimate punishment and an explosive Associated Press report s
Delivery of 7 . Look how we are in terms of the major indexes. Asian markets, most in losses tracking to 3 drop on wall street overnight. Opened slightly earlier love earlier. Slightly lower earlier. We are watching petrochina down at this point in time. The hang seng, down about 1 . Kong announced an expansion of its restrictions aimed at curbing the spread of covid19. That would weigh on the economy even more. The sti, down more than 3 . This is a market that returned to bull territory recently and citi said investors are pricing in post recovery. Singapore reports higher cases, more than 1000 for the second day running. I want to dial back to the oil story because we see oil moving to the upside after two days of unprecedented action and a spectacular selloff. Opecplus ministers holding an unscheduled conference to discuss what has been going on. The closing statement signals there are no new measures planned at the moment. Lets bring in mliv asia editor. Oil is on the up. We had tw
Crisis. The Prime Minister is underestimating the threat. He meets with the french president today. Manus a warm welcome to daybreak europe. This thursday morning. A warning from Standard Charter, its going to be a tough year to make 10 return on equity. For your profit for 2019, 4 . 2 billion. The market penciled in for . 3 billion. But we are giving you Share Buybacks, half billion dollar inner share about that. Hsbc didnt give you a Share Buyback, but we will do a buyback and come back and review that once weve completed the the year. In so it is a delay to the return on equity. 2020 will be below the midterm target. What is it mean for structural review . Those are the headlines, a buyback, a warning, and amiss. A trifecta of news to digest. Cfo is inrd charter the green room. Dont miss the conversation. Nejra, good morning. Nejra ive got abs numbers hitting the tape right now. Fourth quarter granik revenue up 2. 5 . The estimate was 2. 6 . Fourth quarter adjusted ebitda down 5. 5
Hugerade agreement is a change between the worlds economic superpowers. Shock overhaul. The ruble slips before pairing losses as Vladimir Putin unexpectedly replaces his long serving Prime Minister and a major constitutional shakeup. 5g ambitions. Beats itsin chipmaker Sales Outlook on hopes that five ag 5g rollout. Just about an hour away from the open of cash Equities Trading. Lets look at how futures are looking after mixed trade in asia overnight. We did see some red arrows across asian trade. We see green arrows across european futures. Climbing on record car sales. Positive features in the u. S. You have those december car numbers. Anna lets get to this story because this is something we need to keep an eye on all the way through this morning. European car sales surging in december ahead of new emissions rules. A record for the region. Those are some of the headlines coming through. The details around the story. European car sales surgeon december. That is the headline. In mind t