Second half of 2020, there is an overlay of other stories. The pandemic story, at least in the United States, is truly front and center. I would also note the stunning close to equity markets yesterday. Call it window dressing on june 30, 2020, but we begin this july strong in the markets. Francine we certainly do. If you look at what the markets are looking at, and a lot of the focus is on the number of infections, treasuries slipping, and i am looking at a couple of Technical Glitches in europe affecting trading. We will have a full market roundup, but lets get to first word news in new york city with ritika gupta. Ritika good morning. Infectious diseases chief Anthony Fauci warns the u. S. Is going in the wrong direction. He said the country could see 100,000 new coronavirus cases a day, up from the current level of 40,000. Several southern and western states are seeing increases in infections, prompting some to put reopening plans on hold. A new poll shows 10 lead, joe biden over p
On a couple of data out of the euro zone. Markets also moving on the number of infections rising. Overall, the markets and european stocks edging up as the new quarter starts. Bonds are dipping. I am looking at European Equity futures. The one thing i wanted to show you was a golden earring nearing per ounce. Showed confidence amongst large manufacturers in japan. We will have plenty more on some of this data out in the euro zone. Lets get straight to the bloomberg first word news. The u. S. Is going in the wrong direction when it comes to the coronavirus. Thats a warning of Infectious Disease expert Anthony Fauci. He says daily case counts could more than double to 100,000 if behaviors dont change. He added clearly, we are not in total control right now. He declined to estimate the number of potential virus deaths, but said the total would be very disturbing. And the u. K. , Prime Minister Boris Johnson has unveiled his plan for the u. K. To build its way back to prosperity. The packa