The market, its the same as yesterday, the markets churning with gold moving higher. But you are right, we have seen a bounceback to green on the screen after the navarro flap. Its clear, its a market in search of a story in the line, maybe we can find a story from philip. Francine we will talk about runaway inflation with him shortly. Lets get to first word news. President trump calmed that the phaseng one agreement is fully intact. Peter navarro said that aspect of the trade deals were over on fox news, and he said his comments were taken wildly out of context. Mike pence is warning that more young people around the country are testing positive for the coronavirus. Making their mark in a Conference Call with governors. Concerned byed Texas Governor greg abbott. The infectionat rate is rising. Boris latest stage in johns Boris Johnson announcing the latest age in lifting the coronavirus locked down. Movie theaters and museums may open the door after next month and he may also cut the
It will be fascinating to see how new york city reopens today. Francine talking about phase two and what exactly you need to know. Weve had quite a lot of debate about masks, whether you have to wear them or not, its interesting to see the difference between new york city and london. In london, there are very few people wearing them but they are obligatory on public transport. Theres a very good use of them at least in manhattan, to get out this week and was extraordinary. You are right, we just heard that from jennifer about her beliefs that a mask has a value. News, riddick a. North and south america accounted for almost two thirds of the new coronavirus cases in the latest report. The death toll in brazil has passed 50,000. Cases across the u. S. Surged. There were a record 4500 cases in california and more than 4000 cases on saturday, also a record. Banking when governor Andrew Bailey has signaled a major shift in a strategy for emergency stimulus. He is stressing the need to reduc
Day. Saudi arabia already scaling back production ahead of the may 1 deadline. Lets take a look at how markets are setting up. New zealand is closed for the anzac day public holiday. No trading in kiwi stocks. Seeing optimistic. Japanese future going higher going into the bank of japan decision where bond buying could be on the table. Watching the japanese yen as it passes through rumors and conflicting reports on the health of the north Korean Leader, watching for a risk asset. Side in asiane trading monday, reflecting the pickup in u. S. Trading friday although we are seeing u. S. Futures trending lower in the morning asia session. Saudi arabia has already started curving output ahead of the may 1 starting date for the opecplus output and production curve agreement. Four days of gains when it comes to oil prices. Shery global confirmed cases having an impact on the markets, approaching 3 million according to data elected by bloomberg and Johns Hopkins university. There are signs new
Much needed rest. Guy johnson helping out, and we are thrilled by that. Guy, it is so exceptional to see a leader ill and certainly within this crisis. Give us the mood among the government, among dominic raab and others, the emotion right now around 10 downing street. Guy clearly everybody is hoping that the Prime Minister gets well and soon. This could not come at a worse time for britain as the country continues to fight the outbreak of the virus. I drove past this morning, and it is very busy down there as the world waits for news over what is happening to the prime unitter, moved to the icu in st. Thomas to make sure he was close to a ventilator. Clearly his situation has deteriorated recently, significantly. We understand he is still conscious, news remains limited. We now have a government that is led by dominic raab. He is the secretary of state and the foreign secretary. The u. K. Has government by cabinet. He will need to maintain a consensus within that cabinet. I suspect th
Optimism grows over flattening curve in some areas of the countries. Signs that lockdowns could be having positive impact. 7 and 3 quarters percent yesterday, take a look. Pretty good rally at the end of the day as well. Dow industrials up yesterday, nasdaq up 540 and s p up 175. President trump announcing a deal with 3m to supply medical masks and he said he had a, quote, wonderful call with former Vice President about the coronavirus response. We have you covered this morning about the pandemic and markets and beyond with allstar lineup you do not want to meet miss. Plus what other possible rounds of stimulus might look like, phase 4. The Dallas Mavericks owner mark cuban is here on what should be done to help businesses survive pandemic. Heros stepping forward to help the world on time of crisis. Mornings with maria live now. Big show this morning and big rally underway, lets take a look at Global Markets which are mimicking the wall streets gains today. The cac quarante is up 118 a