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
Autonomy is said to have featured prominently. Coronavirus cases reach a record fueled by latin america. Infections in florida hit a record high while Texas Governor said contagion is accelerating at an acceptable rate. 9 00 6 00 a. M. In london, in dubai. What a morning. How to lose friends and alienate a president. Would Peter Navarro be the man that would kill the china trade deal . That is the question posed to the markets. Our next guest said a trillion dollar roundtrip. Words matter. Good morning. You never want words to be taken out of context, do you . It certainly did radel overnight. Overnight. It does really just highlight even though we have seen a powerful rally from the march lows, how sensitive these markets are to any sign of risk out there. This takes us back to david blooms comments. Risk on, risk off. Aussie, kiwi, you see the disintegration of risk off, straight back onto the fuel. How are the markets . On the screen in asia, which is interesting, because we have ke
It is still on. President trump insists a phase one trade agreement with china is fully intact. Peter navarro claims his earlier comments were taken out of context after suggesting the deal was over. The European Commission is more confrontational. E. U. Lash out at beijing over hong kongs autonomy, disinformation, and foreign investor meant foreign investment. We are in brussels. Hard times for softbank. The Company Sells part of its tmobile stake, creating 21 billion dollars to help offset record losses in its investment business. We will have the details for you briefly. Just under one hour away from the start of cash equity trading in europe. Lets take a look at futures this morning after we closed down yesterday in the u. S. And the u. S. Managed to eek out some gains. They are trading solidly higher. Dax futures are up. 6 percent. Ftse futures up about. 25 . What do you see on the gmm . Anna we have certainly been whipsawed by those comments by Peter Navarro on trade and the abil
Coronavirus fears and head to the polls for a controversial vote on constitutional reform it could allow president Vladimir Putin to stay in power for another 16 years. Im going to Office Welcome to the program its crunch time full of tons of shareholders of germanys flag carrier will begin voting soon on whether to accept a 9000000000 euro rescue package that would make the German Government the allens biggest stakeholder should shareholders reject the deal or could face insolvency is how the head of lufthansa supervisory board. Sized up the choice at the beginning of the virtual gathering. You know we dont have any more money. Were going to be living off reserves that we set aside during the good years. Soon we will have used most of those up. Without support and we face insolvency in the coming days. For more than joined by our financial correspondent chose to delineate and fun for chelsea we owed of money those were very very clear words from the companies because we bought cheese
Plus the mystery of the mythical money german Payments Firm why are card myths that about 1900000000 euros of missing company cash actually doesnt even exist. Plus calling for consequences and explanations an explosion of violence including brutal attacks on police and looting leaves people in the german city have stood guard spot and businesses wrecked. Im brian thomas good to have you with us today German Authorities are scrambling to contain a corona Virus Outbreak after more than 1300 people tested positive at a meat packing plant thousands of people in that surrounding area are now in quarantine and remains unclear if regionally. Were going to reimpose a wider lockdown but concerns are growing about the reproduction rate as well for the whole of the country which is now jumped to 2. 00. Coronavirus cases in germany were long in decline but now thats changing in large part due to the super spreader event at the 10 years meat packing plant in the countrys west. North rhinewestphalia