Geopolitical risks add to headwinds for investors. Oul says north korea must bear all consequences for its actions. Indian defense stocks gain on tension with china. The turnaround when i was sitting in this chair yesterday that we saw in u. S. Futures, the biggest since 2016, we saw a lot of green on the screen fueled by stimulus from the fed on corporate bonds, but also in terms of fiscal stimulus. Today is a different picture. The second wave has become front and center a little bit more again. Investors try to see where to go next. In terms of the equity rally, a mixed picture in asia. The Msci Asia Pacific index is flat. U. S. Futures edging into the red along with european futures. The 10 year yield missing a couple of basis points. Fx, you are not seeing a lot of moves either way for the dollar. G10, you are seeing underperformance of Commodity Currencies, also seeing a pullback in oil, retreating with the outbreak in china perhaps threatening the one bright demand spot there wa
This is what the markets are doing. The focus will be on the u. S. Data. The latest in the u. S. , the focus has been on what the European Central bank has done. Hero trading at 113 against the dollar. Theres a lift to the euro trading at 113 against the dollar. Theres a lift to the market. We could have the extension of these action cuts. Production cuts. Brexit not going as planned. ,f you are expecting for a deal pound is moving. Lets get straight to the bloomberg first word news with leighann gerrans. A night of largely peaceful protest has americans gathering for george floyd, the unarmed black man whose death sparked unrest. The extended security theft is across fences across the white house. The kronos reported a Record Number of deaths. The nation departing italy to become third in the world. It has become an epicenter of the virus, with over 600,000 confirmed cases. Fears of deflation warranted European Central banks decision to ramp up stimulus. Thats according to the policym
Loom over the market. And the u. S. And china continue to trade barbs over the handling of the crisis. Washington says the world has been let down. Shery lets get you started with a quick check of how markets are trading. U. S. Futures looking like this. Unchanged at the moment. This, after we saw a broadbased rally in the regular session. This halting a two day slide. We had the latest around corporate earnings showing a little more positive sentiment. Chipotle and Texas Instruments rising on solid result. We had tech leading the gains with the nassau composite seen the best day in about one week, reversing yesterdays weakness in tech and chipmakers as well. We have a little more optimism about the eventual reopening of the economy as well, so we had this pullback in treasuries confirming this riskon move. Take a look at what oil is doing. We saw oil rising from record lows in the new york session. Barrel right 14 a now as President Trump ordered the navy to deploy any uranium boats i
As to what the fiscal responses . We do not. Sebastian businesses size up their bottom line with continued headwinds. We see the business down 85 . Colleagues in china say it is Getting Better everyday. Can want to do our best to fight this crisis and achieve our targets. Sebastian investors, economists, and policymakers offer guidance in a time of financial turbulence. I think the odds are 80 we will have a recession. The Oil Price Decline is very good for india, good for china. Liquidity, three months, six months, nine months, people will go bankrupt. Sebastian that is all straight ahead on bloomberg best. Hello and welcome. And this isn salek your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Last friday and talks between saudi arabia and russia as Oil Output Cuts collapsed in vienna. Opec Officials Say they will work toward a deal, but the kingdom announced it woul
Scene Central Banks finally starting to get it. We have some actual details as to what the fiscal responses . We do not. Sebastian businesses size up their bottom line with continued headwinds. We see the business down 85 . If i talked to our colleagues in china, they say it is Getting Better everyday. Can want to do our best to fight this crisis and achieve our targets. Sebastian investors, economists, and policymakers offer guidance in a time of financial turbulence. I think the odds are 80 we will have a recession. The Oil Price Decline is very good for india, good for china. Survive with liquidity, three months, six months, nine months, people will go bankrupt. Sebastian that is all straight ahead on bloomberg best. Hello and welcome. Im Sebastian Salek and this is your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Last friday and talks between saudi arabia and rus