Combine creating the u. K. s biggest internet and phone operator. And decision at don. The bank of england makes a rare earlymorning rate announcement imminently. We will speak to governor bailey leader on today about that decision, but a mission to china. The who considers investigating the source of the coronavirus as britain prepares to ease parts of its nationwide lockdown. Just under an hour away from the start of cash equity trading across europe. Lets take a look at where futures are trading. Actually, are we getting bank of england headlines now . Are. Yes, we bank of england votes unanimously to maintain its benchmark Interest Rate, to keep it unchanged at 0. 1 . No change in the kiwi program and no change in the Interest Rate. The pound is Holding Steady against the u. S. Dollar as a way there had been increased volatility in the pound heading into the decision. We are also getting a lot of indecision over how the expectations for how the coronavirus will hit the u. K. Voted
People struggling to maintain that. The nikkeir before gets back up and running. Thailand, we got a Rate Decision. We have wiggle room, if you will for another cut. Has been thai bhat appreciating. Deposit index falling back. That is where markets are currently. It bit of caution out there. A bit of aing like summer of hope, but not seeing that much sunshine, lets put it that way. Seeing prettyre strong gains in recent weeks on the back of that. Taking a look at some of the other commodities. Oil down 0. 2 . Demand returning. Expectations intact. Dampeningomment sentiment at the same time. Highest and more than seven Years Holding onto gains. A strongerthanexpected rebound in chinese demand. Gold etf holdings rising for a 17th straight day. Taking a look at where the aussie is right now. Some sentiment in the market suggesting we should go along aussie a recovery that. Kiwi, positive. Suggesting negative rates still an option, but there are many hurdles to jump. Taking a look at how fu
The latest on the road ahead for its potential vaccine. Retail back in the spotlight again, once again, two companies that have remained open reporting target and lowes. Markets this markets posed for higher opening. Dow trails up 294 points right now, 1 and a quarter percent higher, s p up 33 and nasdaq higher by 103 points. All averages better than 1 . Concerns over modernas vaccine trial led to lateday selloff yesterday. Delta Airlines Adding Flights as the country reopens. Ceo of delta is here ed and find out when he expects to see domestic and International Travel bouncing back. Measures to keep passengers safe and boeing prediction that Major Airline will go out of business by the fall. Demand for car products risen 500 . Hard to find on store shelves at 8 30 a. M. Clorox ceo, how they are trying to meet demand nor 5 Dividend Increase and what the future of the business holds. Clorox this morning. Newly declassified email from susan rice showed she tried to protect then president
Over two days, as the biggest oil etf dumps short dated contracts once again. We will speak about this and earnings with the bpce l, Bernard Looney, coming up shortly bp ceo, Bernard Looney, coming up shortly. Aboutl speak to the ceo the impact of coronavirus and the business shortly. Get to some numbers coming through this morning. We have got numbers coming through from bp this morning. They are talking about how the industry has been hit by supply and demand shock. They remain committed to delivering their net zero ambition. We heard about that back in february or so from the company, from Bernard Looney, the relatively new ceo at the helm of dp. First quarter dividends bp. Dividends, so maintenance of that dividend at least at the same number. Bp saying it had around 32 billion of liquidity available at the end of the quarter. The bp ceo, we are taking Decisive Action to strengthen finances. We have heard about how they will not be taking government money, they want to get through
Prices. A new study warns japan is facing a double digit contraction in the coming months as the coronavirus pandemic slows the economy further. Shery lets get you started with a quick check on how markets are trading. We are seeing key restocks gaining ground for a third consecutive session. We have seen the rbnz come out and say it is open to increasing the size and scope of its program. We are seeing further upside in trading. Nikkei to futures up. 2 . U. S. Futures under a little bit of pleasure but this of course after closing at the highest level in a month and also entering a bull market. Up more than 20 over its recent low. Wti also gaining ground, up more than 4 above that 26 a barrel level. We have seen a little bit of fluctuation in the oil market. We are headed to the opecplus meeting on thursday. President trump says there are of to slow the spread there are signs that the virus effort is having an impact. In his daily coronavirus briefing, he lashed out against the World