That. What is really important, moving from the United Kingdom to the United States, presumed to be august into september. I noticed the music use for bloomberg surveillance, you start talking, and the market flips from red to green. But the backdrop of this, and this goes to the stimulus impulse we are seeing right now, is gold doesnt go up. To 1814. S today up jonathan the reopening rotation has stalled. The steepness in the yield curve coming into june has faded. A little bit of nervousness starting to build in the last several weeks, the past month. Lisa we are seeing that in the mobility data, the soft data that people are increasingly looking at to gauge Economic Activity in the United States. This is leading to some skittishness around oil in particular. Coming up, i am very curious to see what we see in terms of crude Oil Inventories in the u. S. At 10 30. 1 00 p. M. , u. S. 10 year notes getting auctioned off, 29 billion. This follows a three year auction yesterday with a yiel
A weekly radio show is called spectrum if you would like and new information on the crown of virus or any other science topic you should really check out our podcast so you can get it wherever you get your podcasts you can also find us at d. F. W. Dot com slash science. Theyre on the front lines of the Coronavirus Crisis Health Care Workers testing the limits of human enjoy. Even making the ultimate sacrifice. The risk. And in my wildest dreams i never imagined. How devastating hard it would be. After the struggle to contain the pandemic what will it mean for health care systems. The people who wrote them. Welcome to this coverage 19 special on robots in berlin its good to have you with us the burden of tackling a Global Health crisis has fallen more heavily on the shoulders of one group than any other the worlds Health Care Workers are dealing with death and disease on a daily basis risking their own health at the same time and not always with the level of protection that they need. H
Another Police Shooting of a black man in the us thats inflaming new protests. And 3 years after londons Grenfell Tower inferno killed 72 people are those in Public Housing and he said. Welcome to the program a surge in coronavirus cases in 2 of the worlds most populous countries is putting even more strain on health care there have been record increases in new infections and pakistan and india as lock downs that eased pakistan reported more than 6800. 00 cases on sunday and the World Health Organization is warning the acceleration could overworld pakistans underfunded Health System its the 2nd hardest hit in the region after india which has nearly 12000. 00 new infections there the governments taking extra steps to combat the virus in delhi. Including will test ink and converting Railway Coaches into makeshift hospitals in neighboring iran more than 100 people have died in a day for the 1st time in 2 months and president Hassan Rouhani world lockdowns may be reimposed if theres no imp
Jakarta just coming online. Interesting when it comes to the hang seng, we are close to those session highs for the hang seng. Cathay pacific certainly one to watch. Spike onned that brief this governmentbacked rescue plan. We come back to earth a little bit. Still seeing shares elevated a little bit. Chinese stocks slightly lower. We missed on the Inflation Numbers. Small caps in china close to 20 higher from those lows we saw. India futures also pointing positive. We are watching the dollar as well. Down for nine of the last 10 sessions. A little bit of exception with the yen, 107. 79. The hong kong dollar still on the stronger side but kyle bass doubling down on his bet against the peg. We will see what kind of demand there is. Offshore renminbi pretty much unchanged right now. Haslinda lets stay with china. Factory prices continue to fall in may. The country continues to deal with the fallout of the coronavirus pandemic. Lets cross to selina wang in beijing. Break down the Inflatio
Manufacturing, down 1. 3 million. Overall, whats striking is how fast we descended into a depressionlike situation and of course, we want to know how fast we are going to recover. White house economist larry kudlow will join us in just a few minutes. Is this as bad as it gets and whats the timetable for returning to growth . We will ask him. Before the news came out, the dow futures showed a gain of about 250 points. The moment we saw the numbers, dow futures were pretty much the same. We have now moved up a bit more. We are looking at a gain of 284 points but remember, these numbers were expected. They were already baked into stock prices. Stocks are up because investors are looking to the future, where the economys in recovery mode, and theyre looking at, what, 7 trillion worth of stimulus. That always goes down well on wall street. As we said, the dow up 280. The s p up 33. The nasdaq up 87. Lot of green despite the terrible numbers. Obviously, this is a big day for your money. Its