60,000 new cases in a single day for the first time oil is holding 40, gold topping 1800 for the First Time Since 2011 david, it was a quiet calendar already going into this week, but it does seem like today in terms of looking for inputs traders are really on their own this morning they are. I mean, you know, the only calendar, carl, that really seems to be getting busy and staying busy is the ipo calendar which we should mention as well just because it is some sort of reflection of demand in certain parts of this market the latest of course Rocket Mortgage, thats going to be an enormous ipo, we can talk a bit about that later if you want other than that not that much to key off of clearly, mike, this is not a market that seems to be particularly concerned in terms of keying off of the rising cases of covid that were seeing around the country and the reversal of reopenings, the slowdown in business, certainly in travel, leisure, restaurants, that is resulting from the rising caseload.
Top producers consider even deeper output curves. Shinzo abes state of emergency now covers the whole of japan after critics said his initial virus response offered to little, too late too little, too late. Shery breaking news out of south korea. We are getting the jobless rate coming in at 3. 8 . As expected, a rebound from the previous month of february. February was a 3. 3 . In the month of march coming in at 3. 8 . In line with estimates but still a rebound. Of course, we have seen weakness in retail and hospitality, employment, given this coronavirus pandemic. The government has tried to create jobs and that has helped the economy. They of course have already passed a 10 billion extra budget, but we are now seeing the jobless rate climbing to 3. 8 . This as president moon jaein has called for more aggressive measures on job creation. Of course, moons Ruling Democratic Party of korea just won the implementer elections. Take a look at how markets are trading at the moment. We are se
Spending, good domestic momentum, but facing these headwinds in manufacturing. We are in the moderately accommodating stance, and thats appropriate. A shallow dip. Technicaloks at a recession. But this month data points to stabilization. We will be live in frankfurt for the reaction. Welcome to daybreak europe. Numbers coming through on the bloomberg. Let me get to those before i take you through the markets. What we are seeing from rwe is that its raising its standalone and that forecast for 2019. That is the red headline coming through here. It is confirming its dividend target for 2019. It has a ninemonth standalone itda is 1. 5 billion euros versus 1. 3 billion euros year on year. There are raising its Profit Guidance on the return of u. K. s capacity payments. It has raised that profit forecast for the year on earnings in its trading position and the reinstatement of the u. K. Capacity market designed to protect supply. That is what we are getting through from rwe. We are also loo
Dubai to london. In hongg, and the kong, a Record Number of candidates cast their ballots. Bloomberg spoke to the said Party Founding leader to get her take away from the election. Now the ball is in the governments court, and really have to respond to the five demands with an independent inquiry into recent events. Theres also the demand of universal suffrage. The government at least has to say that they are listening. Alix for more, bloombergs yvonne man. Joins us now. How does this affect what is happening on the streets . Yvonne all eyes will be on chief executive carrie lam as she speaks Tuesday Morning to reporters here in hong kong. She has delivered a lot of these press conferences before under increasing pressure. Before, that pressure has translated into a democratic exercise. 2. 9 Million People showed up to cast their ballots, a record turnout of 71 . It was a landslide victory for the prodemocracy camp. These district elections are pretty low level. These counselors dont h
And butter, focusing on what the Central Banks are saying. The fed minutes bringing some of the air out of the recent rally we have seen in the u. S. , higherforlonger has been the narrative from Central Banks there as well. New zealand yesterday. The bank of korea today. Take a look at some of the data processing, gdp numbers from singapore. The 2025 growth estimates being maintained between 1 and 3 permit First Quarter gdp rising hotter than expectations. The final firstquarter gdp on a quarter or quarter basis seeing a rise of 0. 1 . The estimate was for a small degree of contraction, 0. 3 . So a bit betterthanexpected numbers. As we get the cash trading session underway. Thats right, markets are just coming online this morning for japan, korea and australia. Lets look at how japan and korea are getting underway. Its a mix of what were seeing in the numbers. Broadly, we have some upside coming through. Its a few different themes we are tracking. You have a bit of Dollar Strength, th