Markets. Lets look at what they are telling us in terms of risk out there burden out there. The market is focused on things we will see in the gradual reopening and what that means. Yesterdayarting since , also looking at oil. Is moving to block a Retirement Fund buying chinese stocks. It will give us more of an idea about whats going on between the u. S. And china. Plenty more on your markets. Lets get to bloomberg first word news. , confusion over Prime Minister Boris Johnsons plan to get people back to work. Londons chamber of commerce is telling businesses not to change their plans. Companies are also asking for guidelines on what protective equipment can bought to buy. U. S. Won the battle to ramp up its Testing Capacity according to President Trump. More than three to thousand daily tests are being conducted. An Conference Also saw exchange with reporters. Areral reserve officials saying rates may go negative. They dont see the tool being used in the u. S. , it says it will start
This morning dr. Fauci will enter the senate chambers, at least virtually, and testify before the senate. There are a lot of dynamics around this word lockdown. Seeinge and wuhan infections come back. They will test the whole population of people. We will have plenty more of that. Now lets get to first word news in new york city with ritika gupta. Mentioning,ou were a stern warning from dr. Anthony fauci. Disease infectious chief will enter the senate sayinganthony fauci there is a chance of more outbreak without following white house guidelines. President trump says we have met the moment and have prevailed. U. S. Deaths have exceeded 80,000. He later said his remarks relate to testing for infection. The Federal Reserve is watching its longawaited backstop for companies today, and will begin by etfs for corporate debt. It played an Important Role in keeping the Financial Markets relatively calm since march. In china, all 11 million represents residents will be coronavirus. People are
Austrias chancellor tells us shared debt is not the answer to the coronavirus crisis. Meanwhile, chancellor merrickle here in germany has a workaround for the dispute over e. C. B. Bond buying. Testing times. President trump says the u. S. Has prevailed in the battle to boost coronaVirus Testing to capacity. This as Boris Johnson is forced to water down his plans for rebooting the u. K. Economy. Plus, the fed dips into credit on the corporate side. Today marks the opening of a much anticipated facility to buy corporate debt e. T. F. , a key part of the Central Banks coronavirus strategy. Just you said an hour away from the start of cash equity trading in europe and the u. K. Lets take a look at futures here. Ftse n see that we have futures it is changed. Futures across the board are not moving very much, although at least in europe we see some direction. Everything moving to the down side. And more so when you look at the da x, the ibex and the ftse down a third right now. Take a look
North korea, but that is where the mystery starts, doesnt it . Francine it is a mystery. You have conflicting reports. Doctors are saying he is back to work and some in the u. S. Say he is in Critical Condition. There is no clear succession plans and authorities around the world including the u. S. Are trying to figure out who is next in line or do you have some military coup detat taking over . All eyes are what is going on in the oil market, june wti oil to 11. 17 ang 49 barrel. Crude,e plunge in brent 19 a barrel on the global oil price. Right now, 20 1. 81 on brent de, an extraordinary shift 21. 81 on brent crude, and extraordinary shift. Viviana speculation about the health of north koreas leader kim jongun. Inicials getting word he was Critical Condition after cardiovascular surgery. The white house reportedly was told mr. Kim took a turn for the worst. Recent6 and missed holiday celebrations in pyongyang. Issue anump plans to executive order suspending immigration. He tweeted th
And full analysis. The stocks going into it are higher. Futures pointing to gain at the start of tradingment broader looks good. Look at futures. 280 points right out of the gate. S p 500 up 29, better than 1 and nasdaq higher by 115 points, one and a third percent. This after the dow, s p 500 much of the needed money. Lindsey graham right here. Former Vice President joe biden picking up major endorsement from former rival senator Bernie Sanders. Mornings with maria live right now. Maria Global Markets this morning also mix today. Take a look. Ftse 100 down 25 points. Cac quarante down 2 points but the dax in germany down by higher than 11. Better than 1 . French president aim to go start opening economy and schools on may 11th, in asia overnight green across the board, take a look. Good tone overnight for the asian markets, better than expected Economic News out of china this morning, exports were down in the month of march from a year earlier. Import down 9 tenths of a percent. Both