The virus is the shadow over all of this, as it continues to pick up the pace in the united states, and we are starting to see the number of cases picking up in europe. We are going to talk about that virus story a little later on, with a great guest lined up. Getting more insight on the pandemic and why cases are starting to climb again in europe. Cleghorn is going to join us and give us some insight as to what is happening here. We have seen this big move in gold and we are watching closely what is happening with the negative rates story, what signals are we taking away from that . Joining us now to give us some perspective on all of this, alix is james athey. Help set up the conversation as well, Vice President ayden will give an economic speech later and some of the headlines were getting out of that speech, first off he says the fed should add diversity to the board as well as regional banks. He does back a realtime Payment System for fast cash access. I think all of these, when w
G7 leaders hold a teleconference today to discuss the response to the outbreak, but anything short of a coordinated call for stimulus could be negative for stocks. European companies feeling the impact, as bmw confirms a case at its r d facility in munich. And, super tuesday in the u. S. The race for the democratic nomination for president tightens. Andwith Buttigieg Klobuchar gone, which candidate benefits most . Lets take a look at futures. We have gains in europe, but after the huge drops we saw last the, they pale, and after big 5 gains in the u. S. Yesterday they really pale in comparison. Surely up almost 1 , but everything rides on the g7 Conference Call and what it concludes is coordinated action. Anna u. S. Futures looking more muted, as you can see, but in the last half hour or so a little uptick again in u. Ds. Futures, which is interesting. They pulled back, on the earlier report saying the g7 statement would stop short of detailing any fiscal and monetary measures. Lets lo
Is long europe and along french financials still. To buy Christian Dior. Is this another bet on global reflation . Just a halfhour away from this tuesday open of the european session. I just want to point out we are looking at gains in futures once again today. If you expected another pullback after the big games that we saw in european, Global Markets yesterday. You might be slightly disappointed this morning, ishough the ftse move mispriced down, so maybe we will see a drop there. Also, look at the bonds right here. Not a lot of change from yesterday. This is a threeday chart, so you can see on the second day of this chart, the big game that we had in bund yields, the big drop , but not a lot of movement. Although 08 t yields continue to fall a little bit. It will be interesting to see how things shake out in other asset classes. Guy plenty to talk about this tuesday morning. Lets talk about what happened yesterday and rolled into today. Massive monday. A fair way to describe it. You
Coffers were looking at politics in the u. S. Firmly. This is what the data is telling us, you can see stocks in Europe Holding high. A global rally pretty much saying the same as yesterday. It did pick up speed a little bit. Concernedares were about what is happening in north korea with the artillery drills but that also did little to ruffle financial feathers. Gold down a touch as well. Riskonn the mood mood. Donald trump calling for tax cuts to individuals and lowering the corporate rate 15 . From plans to make public the broader lines of what he plans to change in the tax code with details left until late in the negotiations among officials from the treasury. Stepping downis as head of the National Front party in order to be the candidate for all of the french people. Facesve comes as she centrist Emmanuel Macron on may 7 in a battle between nationalism and globalism. Norons candidate says he is clear policies, he would be here for you are good for europe. In other of unsold london
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