Equity prices higher, and the linkage to this economy and how bad it is has never been wider apart. Futures higher this morning. Interest rates are up as well. Lower at thelds front end, and a big bid for what is happening in germany. We will talk about that a little bit later in the program. Lisa, it is a rally across the continent and europe, too. Lisa particularly in italy, where you see yields come in further than in germany. Tomorrow, the European Commission will officially propose that 500 alien euro plan of a rescue financing. Very interesting to see what type of back and concessions have been put in there. Also, thursday, the National Peoples congress of china will be voting on that Controversial National security law for hong kong. Also on thursday, the initial u. S. Jobless claims. I am watching how much we see that number come down, how much these jobs become permanent losses at a time of reopening we are seeing right now. Jonathan more ugly data expected through the week, a
Being pushed between them and the u. S. With a new cold war. Wang yi, the foreign minister , warned the u. S. Not to cross beijings redline on taiwan. In the u. K. , Oxford University has reportedly run into a hurdle are developing a coronavirus vaccine. According to the telegraph, a decline in infection rates may make it difficult to prove whether the vaccine is indeed successful. A is said that there is only 50 chance of coming up with an effective vaccine. Japan is issuing a state of instituting masses massive testing, but its death toll is far below 1000. Global news 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in im than 120 countries, leighann gerrans. This is bloomberg. Nejra . Nejra leanne, thank you so much. We are seeing clear risk on an todays session. Bear in mind that the holiday in the u. K. Of the u. S. Will be thinner liquidity, but even with the emergence of geopolitical risks with regard to hong kong, euros o
The comments from the reserve bank of new england, a move for the new zealand kiwi dollar up by. 5 . That is where we are at the moment. Lets look at what is going on in the first word news as we get to new york and join karina. Has dodgedowell Senate Efforts to make and take sides on coronavirus 80, maintaining a neutral stance in the debate over whether the u. S. Should add to its stimulus. Powell and Steve Mnuchin testified remotely to the committee. How all reaffirmed his stance more fiscal help may be needed but stopped short of a full endorsement. China has taken another swipe at australia over calls for an investigation into the origins of the coronavirus pandemic. Having put duties on burly and some beef imports, beijing is threatening to target wine and. Ary, and dairy other products could face punitive measures and their are rumors state media could call for a consumer boycott. We advise australia to read the original text carefully and not take conclusions for granted. Weve
When it should have been warning the world. Sources tell fox news the trump Administrations National Security Team is now considering the creation of a new Global Health organization, one that would be heavily influenced by the United States. The Trump Administration is considering a bold step that would be aimed at both china and the w. H. O. Simultaneously. We are told the Trump Administration is also circulating a draft proposal that would bring taiwan into the new World Health Organization. One source says that move if would be seen as a, quote, finger in the eye of china as the Chinese Communist party does not consider taiwan an independent nation. The idea already has the support of australia and could soon have the support of germany, france and the united king. Com. These kingdom. These developments mean that President Trump will in no way tolerate communist chinas conduct, there are the fatal consequences of its global spread of the deadly virus. This new approach by the Trump
When it should have been warning the world. Sources tell fox news the trump Administrations National Security Team is now considering the creation of a new Global Health organization, one that would be heavily influenced by the United States. The Trump Administration is considering a bold step that would be aimed at both china and the w. H. O. Simultaneously. We are told the Trump Administration is also circulating a draft proposal that would bring taiwan into the new World Health Organization. One source says that move if would be seen as a, quote, finger in the eye of china as the Chinese Communist party does not consider taiwan an independent nation. The idea already has the support of australia and could soon have the support of germany, france and the united king. Com. These kingdom. These developments mean that President Trump will in no way tolerate communist chinas conduct, there are the fatal consequences of its global spread of the deadly virus. This new approach by the Trump