France and germany and others remove travel receptions spur tourismu. To and britains nonessential shops opened today as well. Stocks fall on fears of a wave of rhinovirus infection. Over 20 u. S. States see a pickup. Tokyo sees the most cases in over five weeks. Beijing reports another outbreak. Plus, bloomberg learns of an internal plot at nissan to take months beforeown his arrest in japan. The information comes to light and is due to face a trial in tokyo. Just under one hour away from the start of cash equity trading. Lets take a look at how far down futures have fallen, right now looking at 2. 5 drop on the stoxx 50. The benchmark index. Futures down a little bit more than that. Teachersok at u. S. As well. S p 500 emini contracts approaching 3 losses. Nasdaq futures off. What does the gmm look like . Anna ill get to the gmm in just a moment. Pricel giant revising its assumptions and expecting to take a charge in the second quarter. They see a noncash impairment and the write off
This is bloomberg surveillance. Im Francine Lacqua in london. A lot of fears in officer while fleeing during an arrest late friday. The police chief resigned hours after the killing and the officer was fired. Three dozen people were arrested after people set fire to the restaurant where the shooting took place. Global news, 24 hours a day on air and on quicktake by bloomberg, powered by more than 2,700 journalists and analysts in more than 120 countries. Im dani burger. This is bloomberg. Francine . Francine thank you so much. Chinas new virus wave, beijing has over the weekend. Chinese Authorities Say risks it will spread are high. Cuomo york, governor warned against triggering the second wave of the virus. He said he would be invoked reimpose shutdowns. Is the us for the latest head of Bloomberg Intelligence here in europe and longtime pharmaceutical analyst. Always good to speak to you. When you look at the possibility of a second wave, cases in the u. S. , cases in beijing, as is l
Asia braces for a second wave. This hour brings the latest check on the japanese economy, we await gdp Growth Numbers in a quarter dominated by the outbreak. Lets take a look at markets as we set up the trading session. We are seeing this with u. S. Futures. Backandforth between washington and beijing really dominating our can sentiment at the moment. Seeing new zealand trading on , as new zealand moves out of the restrictions. Positive upside,. 6 higher for australia futures going into the start of trading today. We are watching the yen, which has been seeing strength. Looking at positioning by money positionsnet long yen are being extended. There could be further upside with the japanese currency. Seeing upside continue with wti. Gains ineen the recent oil, shery. Shery we see more economies reopen and we are hearing from apple. They are saying nearly 100 stores globally have opened their doors again. Are refining it doesnt mean stores will not be shot if needed. Apple saying the sto
Jonathan ferro, Lisa Abramowicz, and tom keene. We welcome all of you to our simulcast on television and radio worldwide. Thrilled you are with us today. Coming up, a really important conversation on the global markets. The new slow today absolutely asked ordinary. We have been absolutely extraordinary. We have really been focused on hong kong, but right now weve got to turn to the american claims, which is surveyed again to be over 2 million. Near 40 a lot of pain, million over the last two months or so, so clearly the labor market is in an absolute mess. It is really painful. I think it would be a mistake to think the policy effort was done. It is not. There is certainly debate in washington on what to do next on the fiscal side. Lets not forget the monetary side either. The ecb has been flirting with doing more. Think we have to move to Forward Guidance. What does future policy look like . That is where the effort transitions in the next several weeks. Tom i agree on the idea that w
Competitive after the crisis. Adidas at a standstill saying refuse news are severely impacted by the closing. Well have a better view after may when we see the progress in germany. Boj launches an unprecedented expansion of the boq in a move that sends asian equities higher and sets the stage for the fed and ecb meetings later this week uk Prime Minister Boris Johnson returns to work to lay out a plan to lift the lockdown. Spain lets children outside and france looks to approve its exit plan in parliament. Very warm welcome to street signs. You can see were outside downing street awaiting Boris Johnson, whos returning to work after recovering from the coronavirus. Well bring you the Prime Ministers comments as soon as they come in. Meanwhile, lets get a check of european markets. Were off to a roaring start the stoxx 600 rallying in the first hour of the session. Last week we saw a modest retreat and just about 1 lower. This week focus firmly turning towards the reopening of the europe