Gaining stoxx 600 are 0. 7 . Trying to still digest moves from the fed at super tuesday. We are getting data out of the euro area. It is coming in instead of the 52. 8 we were expecting. The eurodollar is unchanged. Lifts foring similar the s p future. Lets get straight to first word news in new york city. We begin with an update on the coronavirus. More than 50,000 people have recovered from the virus more been released from the hospital. The number of infections has risen. Now, to the spring meetings of the International Monetary fund. Will use a virtual format instead of holding the conference in washington dc. The two organizations have said they are fully committed to maintaining the coram. Japan is saying it could be possible to delay the summer olympics to later in the year amid concerns the coronavirus could cause the games to be canceled. Late may is seen as the latest a decision could be made. Is pressingapan ahead. Experts from opec and its allies recommended deeper cuts to
End into the weekend, major curve flattening. Francine yes, major curve flattening. We will analyze that during surveillance. For first word news in new york city, here is viviana hurtado. Hi, viviana. Viviana the coronavirus epidemic has entered a new phase in cases outside of china is quickly are quickly multiplying. South korea and japan closing in on 100 cases. China, though, still the center of the crisis. Roughly 75,000 infections have been reported, but the new number of cases declining. Intelligence officials reporting the u. S. Congress russia is trump to get donald reelected. The president was angered by the disclosure, reportedly claiming the democrats will use it against him. Donald trump said he will not immediately pardon his former associate an ally, roger stone, still, if courts do not overturn his conviction, President Trump said he will intervene in the case. Mr. Stone was charged for lying to congress and witness tampering. Wells fargo, bloomberg learning it is set t
Stories. We begin with the elections in taiwan. The president won a landslide majority, seen as a rejection of beijings push for one country, two systems. Joining me from taipei is stephen engle. Walk us through the significance of the vote over the weekend. Stephen it was quite significant. Now that she has that landslide victory and the mandate for another four years, theres three big questions. How will china handle another four years of a thorn in their side, the policies of taiwan and her proindependence minded policies that really resonated with the electorate . More than 8 million votes, a record here in taiwan. The hong kong protests really resonated with the electorate, of ahat led to a rebuffing push for closer economic ties. The question is what is the future of the Opposition Party that got routed . Theyve lost four of the last six president ial elections, and they need a you voice for the longer eat for the younger electorate. Finally, the economy. Tot also propelled tsai
It was nominated for 11 categories, including best actor. Two of the nine films nominated come from netflix, the irishman, and Marriage Story. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. His political fight for an vonnie it is 1 00 in new york, 6 00 in london, 2 00 in hong kong. On vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Earnings season, banks kick off the season this week. With ilanaak weinstein. Her views on the health of the Hedge Fund Industry and the supply demand dynamics. Outbreaks of the disease are increasing. Cases are skyrocketing in the u. S. , europe, and asia. Lets take a temperature of the market this month. Kailey leinz is with us halfway into the trading day. Kailey vonnie it is 1 00 in ne, 6 00 in we have be
Or things like that that weve discussed that is that we have the same problem in america all of the presenters on the mainstream news on the cable news are centered entirely out of new york entirely out of washington d. C. All of the newspapers across america we used to have local television we have local newspapers we have used the regional newspapers Regional Press outlets now we only have from the Major Financial Centers and it reminded me of a contact i have in the Intelligence Community i know thats big now and these days i would be a hero on m. S. N. B c but he was telling me that under dick cheney that dick cheney was really furious when the Intelligence Community basically did not agree that there was working in iraq and that saddam husseins was friends with iraq with al qaeda and that they were w m ds there so he basically got rid of all of the agents in the field. And the reason why he did that is he said they had gone native and they had too much sympathy with the natives an