Off last weekends trade talks with beijing as the u. S. State Department Asks colleges and universities to divest from chinese stocks. Tinsley merkel rules out loosening of virus measures. Europes biggest economy recorded the biggest increasing cases and newly four months. It has just gone 6 00 in london. 7 00 in frankfurt. 9 00 in the difc. Warm welcome to the show. Good morning to you. , i love the bank of america report. It looks as if the birds have capitulated. Positionede who have from bear market rally, that was from 47 last month down to 35 . Good morning. Annmarie good morning. Or a bear market rally . Some people are thinking this has legs. This s p 500 fresh record, they finally got there. So much emphasis has been on the retail investors. One investor said, its like 1999. People just left their jobs to go to a trade a trade. 1999, i was in bonds and commodities. I was not dancing to baby one more time. Have a look at your markets. I will not sing it. Good morning. Annmarie
Whale. Buying up massive bets on tech shares as the european commissioner tells cnbc europe needs an answer. Its a major problem. Cant match this problem with a single taxation. And he is worried about talks with the u. K. Amid talks that the government could override parts of the divorce deal. Happy monday and a very warm welcome to street signs. Lets look at how the markets are doing. European markets are trading higher across the board this morning. Every major region participating in the rally the ftse rallying 1. 2 last week it underperformed relative to the rest of europe all of europe seeing a negative week last week the stoxx 600 dropping we have a bit of a rebound taking mace this morning lets take a look at the sector break down starting with the best performing parts of the market we have real estate up about 2 . Autos also performing up 1. 9 . Renault is a star performer. Industrials and basic utilities round out the topper formers lets see what the bottom looks like media
Reopening on hold. The bank of japan is expected to leave policy unchanged later while reassessing measures already taken to help the virus hit economy. Look at how take a markets are doing on boj decision day. We had that ricocheting session in the u. S. Overnight. If you needed further conviction as to the hand the fed intentionally has when it comes to showing up market demand, you have the announcement from the fed really causing that gain back into positive territory after we had declines of more than 2 in that trading session for the s p. Futures are looking positive. About. 25 in the green. We are looking at chicago nikkei futures trading higher by about. 3 . We are expecting just more operational steps from the bank of japan in terms of providing support to Small Businesses to be able to ride out the pandemic slowdown. In sydney, we are looking at a pop at the open. 2. 5 higher when it comes to futures, with indicated upside of two point 5 when the cash trading session begins,
And this is the one bit to show you cant afford to miss more in washington coming up also the ongoing global unrest and provirus has been the Oil Price War between opec member we catch up on the moves in the oil sector where demand stands amid the drop in travel plus i. G. M. Has announced that the company is stepping out of the facial recognition game after growing outrage surrounding the practice we take a dive into the Controversial Technology and how the firms stock is reacting we have a fact show today so lets dive right in. And the United States has officially entered a recession in february of this year ending 128 months of economic expansion which was the longest run in more than 150 years. According to the National Bureau of Economic Research now the announcement from this organization comes much earlier in a recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reac
Run into the house like they dont want to they dont want to talk see her get your mail or anything like that. I just want to go. Back and do that. Just try read a. Good chance someone give me. And this is the one bit the show you cant afford to miss more in washington coming up also the ongoing global adolescent kroto virus has been the Oil Price War between opec members we catch up on the move. Moves in the oil sector and where demand stands amid the drop in travel plus i g. M. Has announced that the company is stepping out of the facial recognition game after growing outrage surrounding the practice we take a dive into the Controversial Technology and how the firms stock is reacting we have a fact show today so lets dive right in. And the United States has officially entered a recession in february of this year ending 128 months of economic expansion which was the longest run in more than 150 years according to the National Bureau of Economic Research now the announcement from this o