Many expect to more in the first half of the year. Time now for global exchange. We are going to bring your todays market moving news from all around the world. From hong kong to new york to washington, or bloomberg voices are on the ground with this mornings top stories. Coronavirus cases around the world are over 93,000. Joining me now is yvonne man, and with some data to go with it that is not so supportive. Yvonne right. South korea now topping 5600 cases. The government there now seeking 9. 1 billion to help businesses. We have seen surging cases in italy and iran. Rate for this is now at 3. 4 . We also saw in the u. S. , reporting its ninth death, and china, more signs of containment. We saw the number of total cases have topped 80,000. We also learned of 15,000 that dischargedred and from the hospital. China come of the total death toll now at 2981. We saw car sales out of Mainland China falling a record 80 as this virus keeps shoppers away, and you see more pressure added to th
Which is more scary, the inversion or what we are seeing in the 30 year . What does it mean for Global Equity markets . This is the picture we find ourselves with right now. The s p trading sharply to the downside, down by 1. 5 . Tech stocks are down, chip stocks down, banks trading lower. At where the look banks are here in europe, down by 2. 46 . We are seeing a big move to the downside in stocks. Stocks, when we look at what is happening with the dow, down hard. Macys is getting battered today on the back of its numbers. We have the wework ipo to talk about. The timing on that one looks pretty difficult as well. Two other stocks were focusing on as well. The deal is finally done, that media merger. Viacom and cbs are reuniting after 30 years in a longawaited 11. 7 billion deal. What is interesting today is the Market Reaction to that. We are seeing both stocks coming under pressure. Part of that is down to what is happening with the markets today. It would be tough to be positive to
This is bloomberg daybreak europe and we have a more positive picture coming through on the asian equities session. We are focused on what is happening in brussels. Lets get to some of those stories. They are moving markets. , this is good news. A broad base rally coming through in japan, and hong kong is where we are getting strength coming through after it was all the u. S. Stock market do nicely. S p gaining for the first gain in a week. Onto a story in brussels. We have seen theresa may arrive and it seems brexit will be done in brussels. David davis is with her and she is going to be meeting with barnier. Could we get a deal is our . We are looking forward to the press conference and another speech at 6 58 london time. We have bitcoin down by. 43 . By any other asset standard, that would seem like a big move. 16,000 up to 20000 and back down again, but still of 16 fold. Manus everybody is sharing their voice in terms of what is next. Billionaires were born and americans are gettin
Number. Dont forget yields at 2. 46. A tear, and crude a little bit down but still above the 61 level. David emma chandra is here with first word news. Emma thank you. North korea has agreed for the first talks with south korea in years. The Winter Olympics are being hosted by south korea in february. North korea has assigned a delegation to the games. Environment to ask the trump thenistrations fight trump administrations plans for offshore drilling. The Obama Administration gave up on drilling rights. In the u. K. , productivity rose in the Fourth Quarter by the most in more than six years. Still, british products is barely higher than 10 years ago. Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. I am emma chandra. This is bloomberg. David. David thank you so much. Time now for our daybreak first take. First up is of course a jobs day. Second, continuing the new year tear, and third, the chip program has affected apple. Alix joini
Bingo fuel meaning hes almost dry. Youve got allgaunt pilot saying hes funning out of fuel. There will be a window of opening in about 20 minutes for landing. Yeah i dont have 20 minutes. This is 426, roger, and thats unless it is an emergency, there is grand Forks Airport which is 70 miles to the north. Yeah, listen. Were bingo fuel here in about probably three, three to four minutes and i got to come in and land. This is 426, roger. All right. Youll have to like i said declare an emergency for that with the Minneapolis Center and then we would coordinate to get you in. Okay, im going to give them about an another three minutes to see if we can set 3358894. Then ill see if we can get this coordinated prior to i get down to having to do that, ill do that. Thank you for that. This is 426 roger. Your company dispatch should have been aware of this for a number of months. Okay. Yeah. Its just well follow up on that. It was a very calm conversation, phil lebeau between a pilot and an air T