Surveillance. Im Francine Lacqua in london. This is what your markets are looking at. Markets looking at the Credit Suisse spying probe escalated by the regulator, partially looking at that news. European stocks opened pretty strongly higher. The euro falling, futures advancing. We are getting data on jobs and the economy. If you look at the adp employment report, it may signal that the pace of employment in the private sector may be bouncing back. Coming up, despite a bumper month for many stock markets, 50 of new money has flowed into fixed income. You can hear more about that on our new weekly show etf iq europe, that starts in about 30 minutes from now. Thes get straight to bloomberg first word news with leighann gerrans. The u. S. Economy needs new theulus to rebound from Coronavirus Crisis according to treasury secretary steven mnuchin. He started a conversation with House Speaker nancy pelosi amid negotiations on a relief plan, but he stopped short of offering a fresh proposal t
Rebounds, even as saudi arabia turns up the heat. The kingdom is now threatening to flood the market next month. Relisting into the White House Briefing on the coronavirus. Larry cutler is currently speaking. We had a lot of momentum in the First Quarter. I recognize the challenges, and that is why we are proposing to combinel measures with monetary measures that have already been taken. The president intends to bring the full power of the federal government to deal with these health and economic challenges. And a word from the surgeon general, jerome adams. Evening, everyone. As surgeon general, whether its opioids or cigarettes or the coronavirus, i job is to help the American People understand how to live a healthy life. I am imploring all of you to help share my prescription for america to overcome this coronavirus situation that we are in. Watching awere just press conference at the white house. Were listening to larry kudlow speak about measures from the federal government in ord
Just. On chris colfer welcome to the program chinas Gross Domestic Product last year grew at its slowest pace in almost 3 decades weaker exports and sluggish consumer demand weighed on the worlds 2nd biggest economy slowing Economic Growth to 6 point one percent while that was within the governments target zone and was lower than economists had forecast. The Chinese Government aims to accentuate the positive visit announced the countrys worst g. D. P. Growth since 1990. You suddenly turned up in 2019 the economy grew by 6 point one percent on the Previous Year that meets the projected target of 6 to 6. 5 percent. But those latest figures are an unwanted sign that beijing has failed to improve conditions the way it would have liked. Chinas expansion has been slowing for much of the last decade edging ever closer to the 6 percent mark some analysts say needs to stay above that point to continue generating jobs the latest figure takes it uncomfortably close. The government has already tri
Uncomfortably close. The government has already tried various measures aimed at slowing the slowdown including bond sales to Fund New Infrastructure and tax cuts ministers insist they have a plan for what to do next. Omeo enjoy a year we must stabilize employment finance trade when not foreign and domestic investment and expectations. The phase one trade deal signed with the u. S. This week will go some way towards bringing about the stability china craves middle need something more substantial from phase 2 if its to have anything to smile about. Lets go after all the bad our financial correspondent in frankfurt because both european and asian markets looking quite happy today. Thats right they pared some of the gains the asians but here in europe it just continued upwards and the markets are gaining quite clearly and i get the sense that theres also a lot more drive a lot more interest and what the people are buying you can see that on the one hand with the dax going almost within str
Uncomfortably close. The government has already tried various measures aimed at slowing the slowdown including bond sales to Fund New Infrastructure and tax cuts ministers insist they have a plan for what to do next. Omeo into year we must stabilize employment finance trade when not foreign and domestic investment and expectations. The phase one trade deal signed with the u. S. This week will go some way towards bringing about the stability china craves dont need something more substantial from phase 2 if its to have anything to smile about. Lets go after all the bad our financial correspondent in frankfurt because both european and asian markets looking quite happy today. Thats right they pared some of the gains the asians but here in europe it just continued upwards and the markets are gaining quite clearly and i get the sense that theres also a lot more drive a lot more interest and what the people are buying you can see that on the one hand with the dax going almost within striking