There are concerns over the pace of the recovery, the second wave of infections. Infections rising in 22 states across the u. S. The dow ended the session up 1. 9 . The s p 500 up 1. 3 . The s p futures, under pressure. Oil also falling with the 35 a barrel level. This is after crude posted its first weekly loss since late april. We have, as i mentioned, fears of a second wave of infections affecting the fragile recovery. Investors are awaiting the opecplus joint Technical Committee meeting this week. Lets see how things are shaping up for asian markets. Monday, fragility well. On view as asian stock futures looking mixed after the regional benchmark cap to the first weekly drop in three. Patch,hitting a rough sinking more than 5 in three days. Signaling concerns around a potential recovery across the globe. Value performing decently in a for the month of we are going to find out if Central Banks will add support with rate decisions do including taiwan and indonesia. In japan, after pa
Is slightly better than economists were expecting an better than the previous month. Leasing Property Investment looking better. Fixed assets investments, also a drop of 6. 3 . Aonomists were looking at drop of 6 , but the trend seems to be better than the previous month. I guess it continues to show that this could still be an uneven recovery we are seeing in china. Uneven recovery but a broadening of chinas recovery, as well. We heard new home prices, the most in six months. That is a good sign as the economy reopens. We are seeing how home prices in terms of growth has accelerated. Easing on credit, helping a lot. Just to recap, retail sales, 2. 8 . Retail sales, still contracting, retail sales have collapsed. Consumers are pretty cautious when it comes to coming back to spending. Beijing and other chinese cities are giving up consumption vouchers to its people. They encourage them to spend in the fiscal month of the year. Retail sales slumped 16 nationwide so as long as retail back
Huge foreign dance weighing on its coronavirus hit economy. Also with Shopping Mall rental income plunging businesses reassessing office space all look at the pandemics Lasting Impact on commercial real estate. And in sports costa rica becomes the 1st country in the americas to resume their professional football league. And ever jetliner with almost 100 people on board has crashed into a crowded neighborhood near the airport in the coastal pakistani city of karachi there are at least 2 survivors from the plane pictures before sadly showing one man being carried away from the wreckage have been posted online its not known how many people were killed or injured on the ground pilot of the Pakistan International Airlines Plane was heard transmitting a mayday to the control tower shortly before the crash lets get the latest now from a whos in islamabad what more do we know. Just moments before that crashed in the residential area he had already informed the controller at karachi. Had indeed
The bloomberg terminal back to work. Italy starts seeing its lockdown ease, france follow suit. Boris johnson returns to his post today. Adidas revenue slumps 19 in the First Quarter, but bayer catches oost with adjusted epic. Ebita. Surprise. Ish Deutsche Bank says that expects to post a profit for the First Quarter, but as it is unlikely to meet its leverage ratio in 2020. We are just under an hour away from the start of cash equity trading in europe. Let us take a look at futures as they trade across europe this morning. Looking at gains on futures of 2. 3 for the euro stoxx 50 bluechip european benchmark index. Ftse futures up 1. 5 . They have risen a full percent in the last hour. Dax futures are also up. In terms of the u. S. We see 1 gains across the major equity indexes in terms of futures. S p futures, dow jones, and nasdaq futures. Let us get the bloomberg first word news. In place a plan to start easing lockdown measures on may 4. Manufacturing and construction set to restar
[ applause ] dont get carried away. Shell get, you know. Now, obviously, i could do this privately and i have, but id like to say a public thank you to terry for her support, which has not only been tangible in support of the series but also personal in her encouragement and advice over the course of many years, including many good topic suggestions and if you are here, you know she was responsible for the beach boys, but others we have enjoyed over the years. Thanks to her suggestion. So, terry, would you please stand up . [ applause ] now, tonights speaker claire l. Evans has achieved notable success both as a musician and as a writer. In the former career, she is the lead singer and cofounder of the conception al pop group yacht and has in fact recently turned from a tour in europe with that group. But it is her second career as an expert in the area of technology that brings her to us tonight. In that regard, she is the former futures editor of mother board and a contributor to vic