Lose social distancing measures in indonesia, perhaps having a slower recovery. Were still seeing gains. The sti also snapping out of a whole week of losses we saw yesterday, where every day last week was in the red. But we do see singapore the most affected nation in the nation region in the nation. The nikkei 225, watching the boj, a lot of focus on bond buying. Will they scrapped that ¥80 trillion target and launch that unlimited qe . The yen has been satellite steady ahead of the policy decision. Were watching wan related assets given the speculation of kim jonguns health. We still see strength to the korean won. The berlin be indeed were maybe were at 64 u. S. Cents right now. Ceo market calls with the of dalton in about 10 minutes. Lets get first word news now with Corinna Mitchell in new york. Corinna confirmed coronavirus cases around the world is approaching 3 million, according to bloomberg and john hopkins university. More than 2000 people have died so far, the u. S. Talkin
Good Tuesday Morning welcome to squawk alley im Carl Quintanilla with morgan brennan. The market is down about 100 points starting with the apple special event set to kick off from the steve jobs theater in cupertino in just under two hours. Josh lipton is there live and joins us with what analysts and investors and reviewers are expecting. Hey, josh. Reporter so, carl, apples biggest day of the year just about to kick off here right behind me at the steve jobs theater. As you mentioned, analysts think they have a good beat on what is coming theyre looking for three new iphones. Faster processor and improved camera and maybe stronger waterproofing and shatter resistance big question for investors is pricing. What is tim cook going to charge for the new model. Ive talked to some analysts who think he will keep pricing basically constant no big change from the kusht lineup which starts at roughly 750 and 1,100 and expectations are muted on the street. Checked in with gene munster and wha
You can see behind me, 35 to 36 is the indication. The Market Makers here are yelling out a number of prices and levels and number of shares. What theyre doing right now is trying to get down to a price that can clear the most number of shares out of here. Were getting close to that number right now at 35 1 2, which is the midpoint of this indicated range as of this time, youre still talking about an approximate market value range of just around 14 to 14. 5 billion. So very much higher than the 15 to 17 and the 17 to 19, the 19 to 21, and the 22 open. And then the 26 to 29 indication that we first got when this came to the floor. So as things stand right now, theyre yelling out a bit more well bring you more details but 35 1 2 is the midpoint of the current range. We could see this stock opening up sometime in the next few moments depending on how quickly they can get those orders together to find the one price that clears the most number of shares for the opening trade back to you guy
This stepping into the crypto space we have a good show today so lets go and dive right in. Bankruptcy filing for brazils Largest Company heads our global report today as the scandal plagued old brick Construction Firm seeks protection from Sao Paulo Court the name older brecht has become associated with high level scandals across the americas most consequentially within brazil was at the center of the infamous car wash scandal which was cited in the impeachment of president Dilma Rousseff and became a vehicle for the disqualification of popular former brazilian president lula dissimilar from the last president ial election digital messages recently published by the intercept show that the judge in the lula carwash case assisted prosecutors while publicly insisting that he was impartial and an involved that judge sergio morrow was named a socalled Super Justice minister by president also narrow to petition the court for protection. From creditors while it attempts to restructure 130000
The India Brand Equity Foundation or i b e f the Service Sector made up more than 54 percent of indias g. D. P. Which comes out to more than 60000000000. 00 worth of net Service Exports the Service Sector consists of many areas but notably among them is the Communications Sector which has seen a boost in the numbers of Call Service Center jobs that have been outsourced to the nation also at the top of the a list of indian Service Sector jobs are tourism transport trade and construction so much like cheaper and manufacturing is on the line in the us is trade war with china could we soon see these services put on the line and get another front of a trade war here to dig a little deeper into the dilemma alan grayson former United States representative welcome to the show. Thank you congressman as we just noted the u. S. China trade war is making headlines but trade tension is increasing between the u. S. And india as well on monday specifically the Government Indian government impose tari