Stage an uprising over the euro grew presidency striking a blow to the blocks major powers. Merkel says the eu needs to combine aid with rome forms reforms in a message to the fruit before. Equities slip. Stock rallyhot cools. State funds start selling, assign the government wants to slow the surge. Daily virus cases in the u. S. Continue to hit new highs, worrying investors. Stuck in the middle. Global banks risk being caught in the crossfire of chinas new law in hong kong. U. S. Sanctions against it as compliance with one may mean breaching the other. Just under an hour away from the start of cash equity trading across the road. Take a look at futures here. We are looking at red arrows. Not a lot of size there. If you look at u. S. Futures, red arrows that are much bigger. 5 10 of a percent losses. S p down. Nasdaq looking a lot more risk off in terms of the futures contracts then european futures contracts do. What do you see on the gmm . Anna the selling you were talking about in c
A sharp warning to china also. Nicholas hawken going to be so in the words Law Enforcement agency described as africas 1st norco states join us next as we follow an anti north cortico prediction inside the capital of the international airports. In a stunning admission of guilt iran says its military mistakenly shot down a ukrainian passenger jet last week killing all a 176 people on board it was the same night iran launched missiles at a rocky bases housing u. S. Troops as tensions flared of the assassination of iranian general hossam salim money ukraine has demanded a full apology and compensation along with canada many of the passengers were canadian and the Prime Minister Justin Trudeau has called for a thorough investigation its also by reports now from the iranian capital. The final terrifying moments for 176 passengers and crew onboard a Ukrainian Airlines boeing 737. For days iranian officials denied it had been shot down by one of their missiles but on saturday irans revolution
Says carlos ghosn left the country by illegal means. Theformal nice former nissan boss is expected to give a press conference this wednesday. Yousef it is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. Are talking about those geopolitical jitters currently running through markets, so lets take a look at where gold is trading this morning. Gold trading at the highest level in about six years, with Goldman Sachs suggesting that shiny metal will be a better hedge against geopolitical risk than crude oil. Goldman sticking to its forecast for 1600 announced, but with risk for prices to the upside. Gold building off of what was a stellar year, up Something Like 18 in 2019. That is the biggest annual jump in over a decade. Changes the dollar, the dollar also strengthening off the back of that safe haven appetite. Yousef crude oil is extending its surge from friday. We are at threemonth month highs for wti and brent. You have the fallout between the u. S. And iran escal
Demonstrations what they did in delhi was they allowed the demonstrators to get to the red fort they let allowed to go through the barriers in single file and no sooner had they got through those barriers that they were all loaded up on 2 coaches arrested there and then shipped out no we thought they were going to be going to be taken to police stations across the city but no the Security Services most probably with the Regional Government as well decided that what they were going to do was take these coaches to the further this was point of the cities of border and leave these people let them get off the coach and dump them there basically add to that no Internet Connection and no media and the phone lines being cut as well these individuals who were possibly Civil Society that politicians students couldnt connect with each other couldnt communicate with each other so they didnt know what the next stage would be what the police have done is theyve done that in several locations across
Tech bouncing back microsoft and alphabet up sharply. Plus the Biden Administration is awarding micron 6 million in federal grants to boost production of chips in the state of new york and idaho. Were going to discuss all that with microns ceo. Hes live at post nine and the oil giants, exxon and chevron, both posting lower First Quarter profits. Mike wirth will join us this hour well go over those results. Lets begin with the markets and this mornings inflation data, highly anticipated, jim, not just core pce but best couple of months on spending in about a year look, this is a front frontsybacksy day versus what we got im going to mention somebody. You tell me if you agree pangloss pangloss. Panglossian number. Were taking the s. A. T. This morning . Thats where youre starting the show today on this friday in late april you want to explain that to everybody else the bonds are right i have to tell you, carl, last night im sending a note to ruth in the middle of the night, fantastic. Al