Major peers. Cofounder sewing softbank for reneging on a 3 billion deal. Shery take a look at how markets are trading at the moment. We are seeing upside for u. S. Futures, kind of flat right now, paring back some of those earlier gains that were already adding to the rally we saw late in the session in the u. S. But paring back some of those gains. Kiwi stocks gaining for a second session. Sydney futures higher by. 3 percent. As we head towards the rba Monetary Policy decision, not much change expected there although we are hearing from the treasurer that we could see a deep contraction this quarter. We are seeing crude gaining ground, extending gains above 21 a barrel as we see u. S. Build now slowing. The push to reopen state economies is clouding efforts to predict the official told from the coronavirus p he has ramped up his death production. Coronavirus. He has ramped up his death projections. Greg sullivan joins us now. President trump still pushing for the reopening of some sta
Crude down by 6 10 of 1 . Pretty weighty session. Itll waiting to see whether is a go away type trade. Latest to suspend guidance on a lack of charity and visibility. The s p is down two thirds of 1 . Obviously, stocks that are moving the most to the downside are the airlines after Warren Buffetts comments. You can see the Airline Index down 9 . That is weighing on the dow as well. The dollar index is a bright spot. It is continuing to strengthen. In theil is still 19 20 range. Guy absolutely. Lets talk a bit about what has been happening in europe. The latest manufacturing pmi data was horrible. As expected. Outputs, new orders, exports, sales, all full. Down to record rates. Coming from a ruling from germanys courts to the bond buying program. There is some good news. We are starting to see economic reopening spirit spain guy spain starting to relax its lockdowns. Lets talk about where things are going to go and what week we are likely to have here in europe. Callum, the data are rea
Country relapses its anticovivd lockdown to soon. Mysterious illness affecting dozens of children that might be linked to covid19. Nurses on the front lines of the coronavirus pandemic speak out as we Mark International nurses day. Many say they are still not getting the protection they need. I am phil gayle. Welcome to the program. Russia has begun to ease its lockdown display a surge in coronavirus infections. The country has more than 239,000, lacing it behind only the United States. Vladimir putins spokesman was hospitalized with covid19. President putin is going ahead with plans to roll back restrictions across the country. Hard hit moscow has introduced new rules. People have to wear gloves and masks in supermarkets as well as on taxis and transport. No entry without gloves and a mask employees tell people. The minimarket in the center of moscow is sticking to the citys new rules despite a drop in profits. The store can only y let people weararing protective gear shop. We all kno
Point of view you take. Focus is on marketbased ideas that expand economic opportunities. We were founded in 2016. Enhance or advance both progressive values and conservative values at the same time. That means things that actually increase social mobility, help those on the bottom half of the deployedladder, but techniques like marketbased policy to achieve that. Host along the relative those ideas that states and the white house and the federal government are dealing with is the reopening of states. What do you think about the general approach being taken . There is a loty, of diversity and how states are approaching this. In our view, in general, we are more on the reopening end of the spectrum. If you actually look at what we inrted doing inmate midtolate march and look at the evidence piled up about how the Novel Coronavirus is 19 is, whatw covid it actually does in people and how it transmits itself, we have a lot more evidence. Before, we were operating on old playbooks we deriv
Weve got breaking news coming into our studios at this hour. A major protest now breaking out in boston, the likes of which massachusetts has never seen before. People are coming out by the thousands to protest massachusetts stayathome orders. Lets bring in john cox, former California Republican gubernatorial candidate. John, great to have you on. Your reaction to this news in boston that america is not waiting. Good to be with you. Elizabeth america is not waiting for the shutdown, stay in place orders to expire. Go ahead. It is extremely troubling, liz. This is a serious illness, as you know i had it. I recovered. I had Three Friends that have been in icu. I found out a few seconds ago, my last friend is making it out but it is great. What we also need to have is a view that were not going to make the problem worse by destroying the economy or by taking away civil liberties. I think what were seeing now is disclosing the unsustainability of some of the reactions. Not just in boston b