And you look at the spread, the number is enormous the spread is a norm us. Gauge fromccurate the payrolls number, i would expect is difficult. That politicians hopefully get close to a decision. These are the markets and the european markets are down today 1 and the ftse is down more and one reason why is the pound is up. At 131. 1. 31. 1 10 p 500 is only down by of 1 . Andhe bond market is 53 54 in germany. Next hour, we will get back to the bank of england story and get some insight into the fitness sector. How is coping with the reopening rules we are seeing. The ceo of Planet Fitness will be joining us. Going back to the gym is a tough thing to do now. Alix are you a gym rat . Ive tried it but its never worked out for me to stop i live in a nice area where you can go Mountain Biking in the hills. I have a very steep hill near me and thats my exercise regime and running around after my children which provides a great deal of exercise. Alix fair enough. Andrew bailey talked to Franc
Weve seen for the dow in a row, the first time thats happened since february this is all happening despite crude oil prices the treasury shows you the tenyear is yielding 0. 627 . There are crude oil prices, generally when weve seen pressure on crude oil, thats put pressure on equities as well thats not the case this morning. Wti is indicated down by over 15 . Thats a decline of 2. 66 to 14. 28 a barrel. Brent crude down by just 3. 3 . Its now trading at 20. 73 andrew meantime, an update on the pandemic and the numbers we bring you every morning about where we stand heres where we do stand global cases now are at 2. 9 million. In perspective, cases in the United States are at 965,000, closing in on 1 million. 288,000 of those cases are from new york state with another 109,000 of them in the neighboring new jersey yesterday new York Governor Andrew Cuomo outlined the states plans to reopen the economy in phases beginning on may 15th now, the first phase involves construction and manufac
Over two days, as the biggest oil etf dumps short dated contracts once again. We will speak about this and earnings with the bpce l, Bernard Looney, coming up shortly bp ceo, Bernard Looney, coming up shortly. Aboutl speak to the ceo the impact of coronavirus and the business shortly. Get to some numbers coming through this morning. We have got numbers coming through from bp this morning. They are talking about how the industry has been hit by supply and demand shock. They remain committed to delivering their net zero ambition. We heard about that back in february or so from the company, from Bernard Looney, the relatively new ceo at the helm of dp. First quarter dividends bp. Dividends, so maintenance of that dividend at least at the same number. Bp saying it had around 32 billion of liquidity available at the end of the quarter. The bp ceo, we are taking Decisive Action to strengthen finances. We have heard about how they will not be taking government money, they want to get through
Over its next attempt to provide billions more in stimulus but what happens if the impasse drags on . The democrats want guarantees that some of the money will go to hospitals stressed by corona victims. Gop congressman Roger Marshall of kansas is a doctor who ran hospitals. Hes going to walk us through the top medical and political issues blocking additional aid. The Million Dollar question both democrats and President Trump are asking, when will president obama officially get his shoulder behind president ial candidate joe biden . We will ask obama confidant robert wolf. Plus grocery chain stores stop n shop teaming up with unlikely partners to protect its customers and staff. First on fox business, stop n shops top dog, gordon reed, on his uber big announcement. Guess whos seen a 1,000 increase in its business . Next year in jerusalem but for now, we are kind of stuck with zoom. Exclusive pictures, i know you are waiting for this, from my zoom passover seder coming up. Less than an
Up 0. 8 nonetheless. A lot of companies suspending guidance, but a few green shoots as well. For example, cap talking about upsizing for example, gap talking about upsizing its bond offering today. That is really rallying today. 11. 8 monthere down over. Month for retailers in general yen strengthening today month over month for retailers in general. The yen strengthening today. Waiting for the ecb later this week, as well as the fed, for some forward guidance. At 13. 15. Ng the vix at 32. Companies withdrawing guidance at a rapid clip this quarter. Our next guest says we need an event that could offset the black swan pandemic. Lets welcome Jason Trennert, strategic us Jason Trennert, Strategas Research partners chief investment strategist. Say, as aave to market for does but, i am not counting on it. Ash a market participant, i am not counting on it. It is certainly not my lane, but i think all the experts i have listened to would tend to think that the white swan event in terms of a