You from the bloomberg terminal. American contagion. The u. S. Records its biggest ever jump in new virus cases. Governors reverse plans to reopen their states. Powell puts his foot down. The fed dividends bid buybacks. Buybacks amid uncertainty around the pandemic. Wall street giant slide in late trading. An elaborate fraud. Auditors accuse them of a sophisticated scheme to hide billions of euros. Visa and mastercard consider cutting ties. Just under one hour away from the start of cash equity trading in europe. Lets take a look at the futures as they are trading now. Yesterday, we closed slightly in the green. The u. S. Also rose and rallied into the close on news that banks would get a little bit more room from regulators to trade and be able to use more of their capital buffers, so diminishing the volcker rule, helping in the u. S. European futures are up as well as we get headlines that klm is securing a 3. 4 billion euro bailout from the dutch government, so we see more hope of s
The bloomberg terminal. Reopening in america, President Trump urges the u. S. To get going again, even if it leads to more death. Chinas ambassador to washington calls for an end to the blame game over the coronavirus origin. More pain for europes banks. Lenders try to estimate the damage to their Balance Sheets from the coronavirus shutdown, and the ecb stands by its inflation mandate after a German Court Ruling on its qe program. Bond investors expressed concern about the Central Banks latest ofonavirus stimulus in light that decision. We are under an hour away to the start of cash trading across the continent, and in Great Britain, lets look at futures this morning, pointing slightly lower after a decent rally yesterday, although it was a rough start to the week for European Equity indexes. We are looking at drops of about. 1 right now on the dax futures in frankfurt. Higher in thedge cash trade yesterday. We are seeing futures edge higher once again today, so. 6 gain across the s p
Close to current levels. Joining us now from our amsterdam euro is the Senior Energy economist at abm amro. Unchanged does not sound so that in a world where everybody is concerned that the economy is teetering on a recession. Do you share that view . Say i dont fully agree. We are a little bit more bearish to be quite honest. Especially after last weeks opec meeting, i think that agnal was rather mixed and little bit disappointing, actually. Saudisderstand why the think it should be 50 it should be 65, but i have my doubts whether we see that. Anna good morning to you. Let me ask you about the impact of the price we have at the moment on the ipo taking place tomorrow of saudi aramco. What are your expectations . We have seen expectations paired back. Creation of the worlds most valuable company. Yes indeed. It was a positive. In that respect. It was well oversubscribed. The price at the top of the range. Indeed, on the other end, it was disappointing because saudi arabia expected more
Pottsville and it is barreling in towards slatington. It might catch hamburg and looks like allentown might catch a little bit of this later this morning. Give it another maybe hour or so. As we take a look at 76 degrees in philadelphia, you can see that it is warm to start out in most neighborhoods. 71 71 in wilmington, 72 in trenton and 69 in cape may. And again, the dewpoints are running a little bit high in some southern areas but now at the top of the hour we have seen things improve in philadelphia. That number has dropped from close to 70 down to 65 and thats probably part of the reason why im not feeling all that humid here on the terrace. Those 70s and upper 60s down by the shore indicate higher humidity. Overall today, just a little bit humid. A mix of sun and clouds and warm. By noon, were up to 85 degrees. By 3 oclock, 89 and then by 7 oclock tonight, 79 as were heading out maybe wrapping up some barbecues heading over towards the fireworks there is the chance of a spotty i
Reporter we are improving as you can see 1 01 after a fair sealed off presence and at 99 were the can and mid70s you may miss 80 for downtown San Francisco mid90s corn offer nor credible stuff forecast looks like this were talking 72 and 55 have been for the coast of to 72 and by the mid afternoon pick of wall and the 99 mips of the kids have a Water Bottles and the. James we have bay area roasting in like summer heat wave for the third day yesterday but hot weather for schools to get our early for a second day in a row as they show us a little more people are doing anything they can to beat the heat the size just cracking of the ec. Reporter it is hot enough this one is outside during the bay area heat wave it is in livermore it is officially of torture there used to this type of heat every so often its the reason most of his neighbors have gone solar french davis for funded dollars off his bill for offsetting the cost of air conditioning inside in the backyard stuff for so many air c