Not a pretty chart. How concerned is the governor of the bank of england . Governor is extremely concerned. We also had forecast this morning from the ob are, the fiscal watchdog, suggesting unemployment is going to remain extremely elevated and is likely to rise into next year. That will make the governors job in the chancellors job very difficult. The real question is, where does the stimulus come from . Does it come from the treasury in westminster, or does it come from the bank of england . I suspect it will be the bank that does the heavy lifting, not the treasury. Both will have to do some, but the onus is going to fall on the governor. Tom this is the theme of surveillance today. Now that we drift to the end of july, the middle of july, we begin to see gdp data from may and june, the change to Political Economic dialogue. In new york city without first word news come here is ritika gupta. Ritika good morning. Vice president mike pence told u. S. Governors to protect their citize
A surprisenk posts profit after saying it made below the ratio target. The ceo joins us, dont this it. Dont miss it. Manus a little bit later on, joining us at 7 30 a. M. That isravity defying, the word used. You look at the numbers. Of 66 million, and revenue comes in at 6. 4 billion, beating the number of 5. 7. Undoubtedly, those are good numbers. They do warn that we might have a little bit of a problem. Nejra of course, we will get the full details scheduled for april 29. I do wonder why they said they may modestly and temporarily dip cet1 the target for the ratio. Otherwise, markets very much focused on the gradual reopening of economies around the world. You had a report from the who over the weekend saying that if you get coronavirus, it might not make you immune to new infections. He wonder if the market might be underestimating the prospect of early opening. In japan, after what we heard from the boj overnight. U. S. And european futures powerfully higher. We did see some gree
Mohammad hes one of thousands of children trapped in refugee camps and greene says the threat of the girl in a bar assumes the situation is bleak for him. Last and also questions about the origin of the virus china says it 1st appeared in a food market in the war on the growing skepticism about that claimed one alternative theory is that the virus accidentally leaked from the research lab in that city. Hello im christine want to welcome to the program a message off caution from german chancellor and get a machall as the country begins to ease some of its coronavirus restrictions merkel says its crucial the country should not risk everything its achieved in containing the spread off the coronavirus by becoming complacent about physical distancing now the chancellor made clear that if the virus starts spreading rapidly again a return to tyson knocked on mishas will be unavoidable. That to me does sharia of course it is difficult but as we now lift some of the restrictions and ease the ru
St peters basilica a prays for those affected to remember what happened. It by the pandemic in his is almost impossible. But the Traditional Easter Service in an almost deserted more we do it the better the st peters basilica. Results. As other countries look at developing similar apps hello and welcome to they have made this freely audiences in the uk and around the world. Available. But it also raises concerns about privacy. The government says this app is collecting the data that it were covering all the latest needs and not checking coronavirus developments locations and contacts. If you here in britain and globally. The number of people whove died in the uk get too close to some in effect from coronavirus, has with the virus are too long, passed ten thousand. It comes after one of the governments Senior Scientific advisers said the uk the ministry of health will be could become the worst in touch. 0therwise, affected country in europe. The ministry of health will be in touch. Othe
China is accused of faking virus data. And oil slumps yet again. President trump says he may intervene in the standoff between saudi arabia and russia. Taylor lets get a check on how u. S. Stocks ended the day. We opened up to the downside. Off by 4. 4 . The biggest selloff in two weeks. Really acrosstheboard. All of the defensive sector selling off. There was some concern for the market. Perhaps some optimism as the selloff on wednesday could reverse some of those if you think futures are up. I want to flip up the board because it has all been coming down to these oil markets. Haidi we are setting up for that negative start to trading in asia. We are looking at japanese and korean futures. Weakness here in sydney. Looking at the degree of the trading, down more than 3 . Watching out for the kiwi dollar and aussie dollar. Taylor a press conference is happening now. President trump is warning that malign actors will try to exploit the situation. Naval vesselsg and planes in the region.