To him for you to santos for our top story today we turn to iraq where tensions have reached a new highs between the United States and iran earlier this year washington and tehran came dangerously close to a war in iraq after washington assassinated irans top general costs and still the money claiming hed been plotting attacks on americans in the region well all 3 countries currently face the coronavirus pandemic the conflict has not slowed down with the rest of the world a series of new attacks have taken place in recent weeks and President Donald Trump is now accusing iran of planning a sneak attack on u. S. Bases in iraq citing unspecified intelligence during a press conference the president said he had very good information that the Group Planning the attack with hezbollah stating quote it was led by iran not necessarily iran but by groups supported by iran but that to me is iran is. Iranian foreign minister zarif responded in a tweet quote dont be misled by usual warmongers again
System leaving and this is the the hardening system the hard money system entering and to join us through this time we have gear mo who we met in mexico city said am ex say he was so wise and he told us about hard money so hes actually pretty hard if you pick him up its really hard unlike plucky who eat took with us through the central bank and feel your scorn painting hes quarantining but hes really floppy you know he can barely hold the worlds most famous central banker hes the most famous central banker but this is hard money era so we have a stone cold headed just like your jacket weve been signaling this so we have to join us to talk about briefs for the deepest recession on record says bank of america analysts as jobless claims surge to 6600000. 00 they believe that Unemployment Rate is going to go to 15. 6 percent up from 3. 5 percent in february so thats a huge rise in Unemployment Rate we havent seen this and our lifetimes this sort of surge this rapidly well even the 3. 5 per
Im nejra cehic in london. Overall, the stoxx 600 in the red today. We had some Real Movement on u. S. Futures overnight, flirting around the flatline. We see a little bit of optimism come through on u. S. Futures after the s p 500 briefly rose over 20 . D yieldsthe 10 year bun and other core yields slide in europe. Some Dollar Strength. It is moving higher against all g10. The aussie underperforming. Oil bouncing back after two days of declines. Lets get the bloomberg first word news with Viviana Hurtado in new york. Viviana we begin with Prime Minister boris johnson. He remains in intensive care. Dominic raab is trying to reassure britains fight against coronavirus is under control. The u. K. Is heading to the peak of its outbreak. The government has been criticized over its handling of the crisis. Saying he isb confident the Prime Minister will pull through because he is a fighter. Theark and austria became first European Countries to loosen restrictions. Sources telling us selective
Stimulus package. Well get reaction from republican senator Marsha Blackburn in 25 minutes. We have a jampacked show for you on making monday nip. Making money. Charles stocks soaring right now in hopes that the coronavirus outbreak is nearing a peak in the United States which could mean a sooner return to work with means the economy comes back on. The Bernie Sanders news suspending his campaign doesnt hurt either. We saw markets gains erased right into the close. Looking under the hood of yesterdays session, there were a lot more winners than losers. Much smaller stocks at new 52week lows and much more volume in the stocks up than the stocks down. So the question here is really with quality rather with leadership on these up days, the roll of technology as the market tries to regain the equalibrium to eventually move higher. I want to bring in two of my favorite market guests on all of this, gary kaltbaum, kaltbaum Capital Management president , also fox business contributor and Herit
Global coronavirus cases top 2 million. Germany is set to start loosening the lockdown for next week, and President Trump will unveil guidelines to reopen today. European futures turned positive despite historic declines in retail and factory gauges, sinking stocks on wall street. Attention turns to todays jobless claims. Plus, wti crude at an 18 year low amid a record collapse in the u. S. Fuel demand. Washington is considering paying drillers to leave oil in the ground. Just under an hour away from the start of cash trading. Nymex crude still under 20 a barrel, but rising today. We see futures doing the same, regardless of where you look. European futures are up half a percent. On dax a percent futures, quarter percent on ftse futures. Dow jones, s p, and nasdaq many contracts all showing a little bit just the slightest 10th of a percent of a game today. Anna . Anna lets talk about the breaking news from european corporates. The travel and leisure sector in focus when it comes to the