Matt u. S. Authorities worn americans to prepare for a can potentially coronavirus outbreak to prepare for a potential coronavirus outbreak. Meanwhile, rio tintos windfall. They report their highest fouryear profit in eight years on a surge in iron ore prices, but the Company Warns of significant uncertainty if the coronavirus persons. And a South Carolina freeforall. Democratic president ial candidates turn on Bernie Sanders and his rivals came to stall the front runners momentum. Matt, let me pick up with whats going on with breaking news this morning. Weve got a number of corporates reporting. Lets get to the luxury sector with hermes. 10. 7 . S up by the estimate was an increase of 10. 7 . Thats a redhead line across the bloomberg this morning. Still talking about ambition, some commentary coming out of the luxury french business. The ceo is saying it is too soon to know when sales will rebound. There is a potential normalization from coronavirus in china. In china, there has been
Freezing hiring sending their shares lower peugeot gives a soft outlook. The tie up is on the right move. This is not a merger on the crisis mode. This is two Mature Companies they know the challenges ahead are very significant and will be in a better shape coming together as we mentioned, the dow has suffered the twoday point loss wiped 1. 7 trillion off the s p this follows the fact that u. S. Authorities warn a pandemic is likely they told americans to prepare for, quote, Community Spread of the infection. The transport sector had its worse day. Energy and tech more than 10 off recent highs tech off a record close one week ago across the major indices were much higher than average. We look at what is looking likely all three of those at the moment looking to trade down at that market open. As investors took money out, they were looking for safe havens which says u. S. Treasuries were in the yield hitting an alltime low. The 30year as well. Just know that investors did flee those in
Iran after the government admits it and suddenly it accidentally shot down a ukrainian jetline. Washington aso china and the United States look to sign a phase one trade deal. Begin reporting with j. P. Morgan, citi, and wells fargo numbers due this week as Goldman Sachs says it plans to double its headcount in china. Good morning. David good morning. Matt good morning. We are looking at futures showing gains across europe. Take a look in terms of the dax and ftse futures. Cac futures are down just a little bit but we do see a gain on dax and ftse futures, just slight, but they are green arrows nonetheless. We see gains in terms of u. S. Futures. In fact, much more strong in terms of u. S. Futures much more strength in terms of u. S. Futures. Atdaq, s p, and dow jones. 3 . Anna lets take a look at where we are. That does seem to be on the move. It was flatter than that perhaps , just half an hour ago or so. Highera tentative push on asian equities. We are without japan. The philippines
The United States through constructive dialogue we always insist that consultations must be based on the principles of equality and Mutual Respect an agreement must be neutral and beneficial hooley. Should the agreement be ratified to the chinese will avoid further levies on 160000000000. 00 worth of exports to the us the us is also set to lower tariffs already in place. According to media reports for its part beijing has promised to import more Agricultural Products from the u. S. It also says it will grant u. S. Companies easy access to Chinese Markets and introduce tougher regulations to protect intellectual property. So is the deal closed. On markets taking to twitter message by donald trump sirius. Well it may be friday the 13th but there was no bad luck at the bourses today global stocks so its just on the media news that trump has signed off on the deal and major indexes here in asia closed up between one and 3 percent today i mean generally investors are just happy that theres
And the United States through constructive dialogue we always insist that consultations must be based on the principles of equality and Mutual Respect an agreement must be new to beneficial hooley. Should the agreement be ratified to the chinese will avoid further levies on 160000000000. 00 worth of exports to the us the us is also set to lower tariffs already in place according to media reports for its part beijing has promised to import more Agricultural Products from the u. S. It also says it will grant u. S. Companies easy access to Chinese Markets and introduce tougher regulations to protect intellectual property so is the deal closed. On markets taking the twitter message by donald trump sirius. It may be friday the 13th but there was no bad luck bourses today global stocks so its just on the media news that trump has signed off on the deal and major indexes here in asia closed up between one and 3 percent today i mean generally investors are just happy that theres even progress