A shortage of protective equipment leaves doctors and nurses afraid to go to work plus the if you own. Tensions high as the u. S. Has precious 3 a 2 trillion dollar Coronavirus Relief package to my. To. Well after more than 2 weeks in lockdown in italy has reporters as biggest jump in coronavirus death since the outbreak began 919 people have died within the last day taking its stats all to more than 9000 spain has reported as another 769 new deaths its highest number in a day and britains Prime Minister Boris Johnson and the u. K. Health minister have both tested positive for the corona virus this as another 181. 00 people died in the United Kingdom the World Health Organization has warned theres a chronic global shortage of protective gear for Health Care Workers a problem it calls an urgent threat and the most are ticking up around the world with south africa russia and ins in the asia all reporting more than the photos and confirmed cases well lets get more on the situation in ital
We continue to see a solid bid today for some of the risk havens, we are seeing the german tenyear bid with 38 basis points. If you are equity performances going in one direction, your bond performance is going in the other. Those mainly balancing each other out in a balanced portfolio. Vonnie lets get to the markets. We have the dow down more than 4 . Down 7 since the inauguration and that means it has erased all of its losses since the election. Just one metric. You can also look at how much of the bull market in previous times has been erased so far. It was a 57 erasure in the 1987 crash. We will see where we end up with this particular one. Author lows of the session, dow down 3. 8 . The s p down 3. 8 and the nasdaq down 3. 2 . The dollar index, a little relief, 102. 35. T was below 102 where do we stand in d. C. . Following todays announcement of a massive package of stimulus from the Federal Reserve, joining us is bloombergs anna edgerson. When do we anticipate we will have somet
I am in for francine lacqua. Lets check in on the markets and get a quick look at what is going on. Yield see an allnew low on the u. S. 30 year bond. The long bond came down to one point 1. 90 . It has bounced back, but still, that paper is weighing on the yield. You can see that across the curve. Brent crude is rising. The nymex wti is as well. It has been a rally for oil as as u. S. Stockpiles came up better than anticipated. And gold, coming off of its highs just a little bit but very little change to the bottom. 1541. 64 as u. S. 10 year yields are negative, making gold more attractive. Now lets get bloomberg first word news in new york. Sees an opportunity to restart bta european union. German and french counterparts. Officials tell as they appeared to relax len which on the need for the irish backstop. Dropping the position language on the need for the irish backstop. These requests are related to Financial Information on donald trump and his family but whose returns are still a
Retaliate. Results reflect the degree of uncertainty farmers are facing in the midwest. Cbs and viacom finally reunite. Work unveils its plan to go public. Another parade of another parade of earnings and at revenue. Ad revenue. The focus is on the decline in online ad revenues. Not a lot of great news lately. Baseline does not suggest a recession, but these factors, keep an eye on them. Kailey it is ahead on bloomberg best. Kailey hello and welcome. This is bloomberg best, your review of the most Important News and analysis from Bloomberg Television around the world. Lets look at the top headlines. We begin with investors jolted by political shocks. Hong kong protesters forced the citys airport to shut down, canceling flights. And in argentina, a result in primary reactions a set off a chaotic election. Argentina is at the crossroads. While the president is looking to us second term, his path to the presidency just hit a massive roadblock. His main rival, the opposition candidate to g
We are not a leading not letting people vote or coming it was strange governments. We just want people to vote. Nejra tense weekend of protest. Hong kong takes another violent time. We are live from the city police headquarters. And saudi aramco releases earnings for the first time. We will hear from the cfo later this morning, dont miss it. Matt good morning from the german capital, lets take a look first at a couple of the market prices, you will see the influence trade. You might wonder why asian markets are gaining right now. Thanuan fixing was weaker some may have expected and it does look like the chinese are indeed holding the yuan steady around seven. Right now we see the offshore trade at about 7. 1 you want to the dollar. Thats why youre seeing futures up in europe and the u. S. Taking a look at your stocks futures. Is . 93 and change. Taking out the highs we saw in 2016, and the next move up would be the highs we saw in the financial crisis. Europound at a strong level. Nejr