Closing early is not good. It is extraordinary. The difference versus what we have got here is absolutely extraordinary. Francine on the lockdown, it basically gives you a kind of a benchmark, code red, code rain, code yellow, to get a sense of what you code green, code yellow, to get a sense of what you need to do. They are trying to make it simple, but we are not even 24 hours until forest johnson made that announcement. Tom Jacob Sharfstein of Johns Hopkins, we talk to him two times a week, the lead quote today in the Washington Post be inoat it is real simple the Washington Post. It is real simple. Were just waiting for a vaccine. Leighann President Trump says he feels so powerful after recovering from coronavirus. He wants to walk into a crowd and kiss everybody. The president spoke at a rally in florida. His first stop since his return to the campaign trail. There was little social distancing at the event, although some spectators wore masks. Supreme Court Nominee amy coney onret
London. We had that surprising news, a lot of it on how it could up into the markets Going Forward into the november 3 election day. Now, we still know very little about the symptoms, if any, that President Trump has, so that gives us a little indication of what will happen next. I suppose we could see him stop campaigning for the next two weeks if not longer. It could also have an implication for the ballot if something were to escalate. Canpean stocks down, you see s p futures also down, and then vix, one of the measures we look at for volatility, is gaining as the market trying to recalibrate exactly what that means. Now lets get more on the markets with dani burger. Hi, dani. Dani good morning, francine. We see this reaction starting with a gut punch, starting to bleed into the red for the rest of the day. Yes, u. S. Futures are lower, but interestingly, what is doing worse right now are russian assets. The russian stock index down more than 2 , the ruble down more than 1 . Yesterd
Tom maybe we should get you out on tiktok to advance the show. This is an extruders story. It exploded last night with the prep this is an extraordinary story. It exploded last night with the president s comments. As you know, bloomberg reporting on the response from the chinese. It has been abrupt. It certainly is, a finders fee, something we have not seen in the past. For microsoft it could mean the deal of the decade. Lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika good morning. President trump may take executive action if congress cannot agree on a new coronavirus stimulus package. A president told reporters he might impose a moratorium on evictions and an act a payroll a payroll taxct holiday. That ant trump insists pickup in u. S. Operations has stalled, the u. S. Government if tiktok it said the money would come from china or from an american buyer such as microsoft. Earlier in the day, he said tiktok would have to close in the u. S.
Two hours, make it 3. 5 hours from now, without question the most anticipated jobs number in the history of the nation. This is the weekly jobless claims. It is expected to surge out. I put a chart out on twitter and linked and linkedin. It is just ordinary what we could see. David folkertslandau coming up. In a moment. Let me go to the tape right now, equities, bonds, currencies, commodities. Not all that much going on. A bit of a pullback, the dow two days in a row elevated off where we were in the grimness of friday, of monday as well. Also oil with a little bit of a lift off about it, francine. European stocks retreating with equities, government bonds advancing. I am looking overall at european sovereign debt. We are seeing a little bit of a move after the ecb scraps limits , a landmarkhases decision that gives an almost unlimited firepower to fight the economic fallout from the pandemic. You can see euro strengthening, tom. Tom it is an extraordinary time. Francine and i are tryi
Worst performance in the hamburg election since 2002. Unicredit ceo rules himself out of the running for hsbcs top job. To leavey is expected barclays at the end of next year. The european open sent to be dominated by talk of what is happening in italy. Lets get to the futures. The extremes of selling we are expected to see. We did see negativity during fridays session in europe and the u. S. The change in case numbers in italy. The measures being taken by the authorities to try and stamp out this outbreak. We will keep an eye on that and bring you all the latest headlines. Lets have a look at what we see on be aware that the ftse futures in italy looking really negative. Lets have a look at what is going on on u. S. Futures. This is set to go increasingly global, it would seem. It looks as if the negativity will carry through europe and into the u. S. Session. Ets look at the gmm we had a lot of negativity before we got news out of asia. The malaysian Prime Minister has resigned. Anot