Damage assessment economists expected payroll reports to show 22 million job losses, taking unemployment levels to their highest since the 1940s. Neel kashkari says the impact will be devastating. And customer orders slump. We speak to the ceo. Lots still ahead in the trading day. We will talk about siemens numbers and the lack of visibility. We also get plenty of analysis for the jobs report which we expect to see later today. With that in mind, lets take a look at futures. It seems we have found plenty of reason to be cheerful this friday. We will not have any trading in london because it is a Public Holiday, but we have plenty of positive trading coming in from the Asian Session and indeed, in the futures, we see that reflected. Futures point higher by around 1. 3 while european futures, where we see moves to the upside. Euro stocks futures up by a similar amount. Of focus on reopening, which seems to be taking place or being planned for in various parts of europe and in some cases
Coronavirus cases climb, worries as the number of u. S. Cases increases without links to and outbreak. Joins apple and hp in scrapping its outlook on the virus. Standard chartereds cfo tells bloomberg it is too soon to say how bad it will be. Quit, factors will probably come through in march and beyond. The uncertainty at the moment is which markets is in which markets it will affect things. Matt europe on other. Matteo salvini tells bloomberg the Prime Minister is underestimating the threat. We are live in rome as Giuseppe Conte meets Frances Emmanuel macron today. We take a look at futures. They are a little worse in the is. Compared to well, no, stand corrected. They have dropped much more now in europe. Its rare you see a move in this order. Percent. Res down 1. 7 u. S. Futures have recovered a bit. They are down less than 1 across the three major indexes, although just slightly in terms of the nasdaq, down almost 1 . And more risk off news anna, do you see more risk off news on th
Biggest weekly gain since 2016 as the u. S. Prevents new sanctions on iran. The lira rallies after the opposition candidate wins a repeat of the istanbul mayoral election. Be for a blow could this erdogan . Ride for daimlers new ceo as the group issues its third profit warning in a year. Good morning. Matt im looking at bitcoin as well, climbing up at one point over 11,000. You can see we are trading for 10,733. The question is, if this all due to Facebooks Libra . We did see a rally before that. 10,000 tohed past 11,000. Futures rise. German futures were down this. Orning a little bit earlier then we got an announcement about lufthansa causing changing its dividend payout. 0. 1 . In is less than a little stronger, but not much on cac and ftse futures. We are just treading water this morning. What do you see on the gmm . The a bit of trading in asian session, you wonder how long that will continue. Weve got the trade conversation toward the end of the week in the g20. Even if expectati
coronavirus outbreak poses a risk to the global economy. president xi vows china will meet its economic goals, despite the threat. softbank returns to profitability in its third quarter. it also pledges better governance standards as the vision fund marks a 2 billion-dollar loss. leaving on a high. the heineken ceo exits with good grace. justll speak to the cfo after 7:30 a.m. london time. let s have a look at where we are an hour away from the trading day. this is the picture for futures are now. european futures point to the upside. foots are s test futures on the ftse 100 up futures on the ftse 100 up. let s have a look at u.s. futures. we see a fairly buoyant picture. ta of the trading day. we have a few things going on here. we have a focus on the coronavirus, but also questions being asked about what asian central banks can do about it, how much firepower they have or not questions being asked, assumptions being made, perhaps. let s have a look at where we are throu
And killed while getting off a local transit bus. A fire forces dozens out of their homes in south jersey. The big story on action news this noon is the fallout from a heated face off. Both candidates are getting back on the campaign trail after trading sharp attacks in the second debate. Kenneth moten is live in washington with more on the showdown in st. Louis. Reporter sarah incredible news just in, House Speaker paul ryan held a gop Conference Call to discuss donald trump. He said he will not campaign for trump over the next 30 days, he said he is focused on keeping a majority in the house and senate. Debating the debate. I was surprised by the avalanche of falsehoods. Reporter today donald trump and Hillary Clinton are in spin modes after one of the nastiest u. S. Debates in in u. S. History. Bill clinton attacked women. Im reminded what my friend Michelle Obama advised us all they go low you go high. Reporter trump invited the women who accused bill clinton of sex assault. There