Last weekend, its there to support hospitals overwhelmed amid a new surge in coronavirus cases. Well ask the nations top but some states Still Holding out. An eye opening look inside with covid cases the engine crashed 250 yards from the dock. New yorks crisis where doctors the driver told hem he was and a good thursday morning suspicious about the ships to you. Welcome to the third hour of are getting creative to keep up reason for being there and that is the reason he attempted to today. With demand, a stern warning for craig melvin here. Once again coming to you from ram the train into it. The rest of the kin. The home office. Mr. Roker also working from home cities around america with well, lets move on now to 300 cases the only difference once again. Good to see you, al, before we another major health story between them and new york is two weeks. The popular heartburn medicine get to the latest in the fight nurses at top hospitals join against the coronavirus. Just a few minutes a
Markets in the weeks ahead. Still pumping more oil into the market from saudi arabia. It comes to the coronavirus story that continues to dominate, President Trump says the u. S. Should be prepared for a painful couple of weeks. Infection rates continue to rise in the u. S. We are hopefully seeing some stabilization in countries like spain and italy. Overall, the global infection rate has passed 800,000. Yvonne. Avon the ecb scrapping european banks. Thats what is weighing on the hang seng. Earnings coming through, really a key indicator in the next couple of weeks. Autos reacting negatively. Down six. 5 . The pboc should impact further cash injections and local authorities should issue more infrastructure bonds. Supporting the economy amid the worsening coronavirus pandemic. Selina wang joining us now from beijing. How significant is this . How should we read into that yvonne that . Selina those pmi numbers coming in better than expected. Back into expansionary territory. Compared to
Thats what you see going on today, issues that are taken on are the likes of boeing and disney and exxon mobil with oil week and oil related issues and services are taking on as well. Earlier on i told you in the week whats happening in the front and of the socalled yield curve when one in three month bills were returning negative rates, if you want to park your money at a bank in a negative rate environment, your to pay the bank for the privilege of hanging on tour your dough, that is no longer the phenomenon right now as yields have turned positive on the shorterterm security. There was a flipside to the argument and theres less then a reason to move over to stocks. If there are no more negative, they are very, very low, they are extremely low but bottom line they are better than where they were. Lets get to read from hilary vaughn, the relief package coming from the house of representatives. They had some yelling and screaming going into this but their intense abating about in a pas
Surveillance. A bit of a different bloomberg surveillance. It has been 10 days that we have foroadcasting from all of our technical operators around the world. Arefocus is on what we seeing in terms of data. Is the euro area. It will give us an indication of exactly what the economy is facing. Euro area preliminary actually, its not preliminary. Anything below 50 indicates a contraction. Lets get onto your markets quickly. Thee is a lot of focus on banks after regulators have pushed a lot of u. K. Banks. European stocks are down. Im also looking at treasuries. Lets get straight to Bloomberg News in new york city. Died from coronavirus. Fatalities top 1000 confirmed cases in new york state. They have surpassed those in chinas Hubei Province sticking with President Trump, he said to announce the deferral of some payments. Bloomberg has learned he has announced a proposal to the late some levees for six months. This would not apply to tariffs the white house has imposed as a result of act
Years in two weeks. From the front lines of the nations epicenter, the doctors an going back to saying, hey, i never said as Surgeon General you shouldnt wash your hands or overworked and overwhelmed. Cover your cough but were going to start to look at how we ease people in. Thats one of the things were looking at with mask this is too much. I dont know how much longer i can do this. Just ahead, the new help on the way. Recommendations. Desperate plea the captain of the uss theodore is there a possibility we can use cloth masks to allow people roosevelt begs the navy to help to start to come together once they got over the peak and flattened the curve. An Aircraft Carrier. What he says need he did to be these are questions we have. I hear on everybody is going done now. To have a different situation, different states, different hot spots. I guess to put a fine point on it, is it in the realm of the battle, two cruise ships possibility that the white house and task force could say in 30