Facetoface talks in months, but the warm greetings mask deep divisions over a virus recovery fund. Plus we have to be tired of this, because i am tired of f it. Forchor u. S. Cities brace another weekend of violencnce as street crime leaves hundreds injured or dead. Correspondent in sports, lewis thelton is at practice at hungarian grand prix. Anchor thanks for joining us. New flareups are prompting new lockdowns as the coronavirus continues to ravage the world. Record 237,000 infections were reported in the last day. Restrictions have been reimposed in israel and the philippines, as well as more state in india, which has become the third country to record more than one million confirmed covid cases. The other two, are brazil, which now has more than 2 million cases, including its president and over 76,000 deaths, and the u. S. That is where more than 3. 6 Million People have been infected, 77,000 in the last day. Nearly 139 thousand people have died, including 948 reported thursday. T
Reopening on hold. The bank of japan is expected to leave policy unchanged later while reassessing measures already taken to help the virus hit economy. Look at how take a markets are doing on boj decision day. We had that ricocheting session in the u. S. Overnight. If you needed further conviction as to the hand the fed intentionally has when it comes to showing up market demand, you have the announcement from the fed really causing that gain back into positive territory after we had declines of more than 2 in that trading session for the s p. Futures are looking positive. About. 25 in the green. We are looking at chicago nikkei futures trading higher by about. 3 . We are expecting just more operational steps from the bank of japan in terms of providing support to Small Businesses to be able to ride out the pandemic slowdown. In sydney, we are looking at a pop at the open. 2. 5 higher when it comes to futures, with indicated upside of two point 5 when the cash trading session begins,
The s p is up. The pmi data driving the euro higher. You are seeing a little bit of a market, buthe bond its not a big one. Its not really reacting in the same way that the rest of the market is. We have some great guests lined up. Hour, up later on in the the former secretarygeneral of nato and former Prime Minister of denmark. We will get his take on whether europe is capable of standing up to china. He wrote an interesting piece today. We will get more on that. Alix to start focusing in on europe and the optimism from the positive pmi, mike mckee joins us now to dig through the details. Mike, what are the highlights . The question would be why better ko not doing is why is france not doing better . Measure howxes Companies Think this month is compared to last month. It doesnt tell us anything about the level of activity, but it does tell us there has been some sort of rebound, particularly in france. The french manufacturing numbers are over 50. The Service Numbers are over 50. And
And 5g. A call between Boris Johnson and eu officials and is with the Prime Minister saying he sees no reason a brexit deal cant be reached by july. The eu councile president reiterates a level Playing Field is essential. 6 00 a. M. In london. Buying backe bond stock has been delivered. I like what john says on bloomberg. It reminds me of my mother. You will rue the day you executed this in the market to buy these individual bonds. There was ar, discussion. Essentially, the bond buying creates this real body of support to the equity market, going deeper into the capital structure, you extrapolate forward. This is the boost to equities. Do you think i will rue the day i said this . Nejra do you know what . I love that word. It is one of my favorites in the english dictionary. I noticed that in the journalistic column. Im glad we are on the same page. It is really interesting, because what we heard from the fed, the list given to markets, what it does is show that perhaps any concerns th
The bloomberg terminal. Sentiment boost. The fed announces it will begin buying individual Corporate Bonds. The Trump Administration considers a 1 trillion infrastructure proposal. Riskon becomes the only words investors on investors minds as stocks rally. Fears of a second wave of Coronavirus Infections take a backseat. You can see the big jumps in cash trade and futures across asia, europe, and the u. S. , and a call between Boris Johnson and e. U. Officials. The Prime Ministers saying he sees no reason a brexit deal cannot be reached by july. We are just one hour under under one hour away from the start of cash equity trading in europe. Taking a look at futures, we see decent gains here. I saw a moment ago over 3 for dax futures. Dax futures are the biggest gains. Ftse futures, 2. 25 percent. U. S. Futures, more than one person gains as well across dow jones s p 500 dow jones, s p 500, and emini futures. Looks to be riskon for tuesday for sure. Anna . Anna lets have a look at what t