The bloomberg. Forced to come. Jerome powell said the u. S. Economy is heading into in uncharted territory. Morgan stanley warns the nasdaq 100 could enter a bear market. U. S. Tissue paper Prime Minister Boris Johnson is set to sound the up Prime Minister Boris Johnson is set to sound the rise. After covid19 cases hsbc orders a halt to social media posting after a leaked report linked to the bank to suspect transactions. Shares slide in hong kong for the second day in a row. Just under an hour away from the start of cash equity trading in europe. Take a look at futures after the big, fat drops drops we saw yesterday. The dax fell 4. 3 . The drops were much bigger in europe than they were in the u. S. The u. S. Saw drops between 1 and 2 yesterday. U. S. Futures are still down about 0. 5 . Anna, what do you see on the gmm . Anna lets get to it. We have the reaction we are getting in the european session. What we saw overnight in the u. S. , rather. A bit of selling. It is quite dramatic
Warns america to prepare for a painful time as new york surpasses chinas Hubei Province in reported cases, the deadliest day so far. Japan proposes its biggest ever stimulus package as the virus threatens a deep recession. The Business Survey this hour will gauge some of the damage. Haiti. Haidi haidi. Haidi lets take a look at how we are setting up in australia. Trickling online in the staggered open, seeing early signs of positivity when it comes to this market after ending the session lower yesterday. We are seeing upside of about. 7 at the moment as we are awaiting the rba march 18 Meeting Minutes later today. We are trying to get past the worst quarter ever, so downside of 25 for australian stocks over the last three months today is a new day and new zealand, we are seeing gains for a Third Straight session as the rbnz is doubling down in the bond purchase program. Japanese shares looking a little bit lower. They had the worst quarter since 2008 and the kospi also trending lower a
This is the position we find ourselves in. Looking at futures contracts for the s p, those are indicating just about a flat picture. We did have records once again for the major benchmark indices on wall street that should have been given is more of an uplift to the tail end. It is just up fractionally in the msci all country world index , which means we are just about 1 away from a record when it comes to global stocks. This is what we have just at the moment. Just appreciating just a little bit despite the horrible production. The fact that the rba is paused for now with regard to Interest Rates and a ruling out a move toward quantitative easing for the time being, just playing in the yield, just in three basis points. Ok. With that in mind, lets find out what else is happening. Lets get to the first word news. Thank you. We are going to start with the white house. A budget official in the Trump Administration says he warned his superiors that a hold on security aid for ukraine could
hello and welcome to bbc world news. the impact of gary lineker s removal from the match of the day programme in the uk is continuing to affect the bbc s sports output. coverage of the women s super league, and sunday evenings, match of the day 2 programme, have been hit, because fellow presenters and commentators refuse to work, in support of the presenter. the bbc had forced gary lineker to step back from his duties, after he posted a tweet criticising the government s language on migrants. the prime minister says the controversy is a matter for the bbc, but opposition mps have accused the corporation, of bowing to pressure from the conservatives to sanction the presenter. with more, here s our media correspondent, david sillito. have you spoken to tim davie yet, mr lineker? i i m going to walk my dog and i m going to do my shopping, so would you mind letting me do it on my own? the agenda this morning for gary lineker was walking the dog, shopping and saying nothing ab
At one point they were down by almost a third. Metro bank is the youngest lender on britains high streets. It launched here back in 2010 in the wake of the Global Financial crisis to take on the likes of lloyds and ba rclays. It was the first to do so for more than 100 years. But its had a series of Financial Issues and on thursday there were reports that its urgently trying to raise up to £600 million to shore up its finances. So should customers be worried . Heres our Business Correspondent theo leggett. Well, i dont think customers should be too worried at this stage. Although a 25 drop in the share price is clearly not a good look, metro bank insists that, fundamentally, its finances are pretty sound, it made a profit in the first half of this year, and it continues, crucially, to meet all regulatory requirements in terms of the financial buffers its obliged to give. 0n terms of the financial buffers its obliged to give. On top of that, the Financial Services Compensation Scheme d