From the bloomberg terminal. Most improved player. President trump softens his criticism of Jerome Powell but the two disagree when it comes to negative rates. Traders price the fed going subzero early next yeek. Italy doubles down the government passes a much delayed 55 billion euro stem luis package but is it enough . Watch the b. P. Trade today. And america first. Or is it Americans First . Sanofi says the u. S. Will be first to get its Coronavirus Vaccine. It took the most risks in terms of investments. Well speak with germanys merck at 8 30 u. K. Too many. Were just an hour away from the start of cash trading in europe. Futures are pointing lower. 1 drops on the major equity indexes. Here you can see ftse futures a little bit worse than the continental indexes. Take a look also at the half percent or last drops that we see in u. S. Futures after big losses yesterday. U. S. Markets fell to a threeweek low and now were looking at a possible riskoff thursday as well. Anna . Actually
Coronavirus cases climb, worries as the number of u. S. Cases increases without links to and outbreak. Joins apple and hp in scrapping its outlook on the virus. Standard chartereds cfo tells bloomberg it is too soon to say how bad it will be. Quit, factors will probably come through in march and beyond. The uncertainty at the moment is which markets is in which markets it will affect things. Matt europe on other. Matteo salvini tells bloomberg the Prime Minister is underestimating the threat. We are live in rome as Giuseppe Conte meets Frances Emmanuel macron today. We take a look at futures. They are a little worse in the is. Compared to well, no, stand corrected. They have dropped much more now in europe. Its rare you see a move in this order. Percent. Res down 1. 7 u. S. Futures have recovered a bit. They are down less than 1 across the three major indexes, although just slightly in terms of the nasdaq, down almost 1 . And more risk off news anna, do you see more risk off news on th
Meanwhile, treasury yields climb ahead of a quarter trillion dollars of auction this week. Anna and a brexit backup plan. Theresa may is said to be preparing to withhold aliens and eu payments if the bloc doesnt play ball on trade. Anna good morning, this is bloomberg daybreak europe. Lets get straight into the market auction. We will have more from the finance director shortly. Msci being weighed down this morning, part of it is hsbc, where we see negative reaction coming through to that earnings statement, in particular the pretax profit numbers and shared by backstory. We will get a lot more detail in a moment. We are down by. 6 overall in the asian session. Remember that china and taiwan are still close, but most of the asian indexes are in negative territory. Hong kong had its head above water the earlier, that has come to the downside. One thing we are focusing on as we get closer to the u. S. Session is u. S. 10 year yields. And that ofove 2. 9, course throws into focus the big