Euro bailout investors price in the prospect of negative interest rat rates after opening the door to the policy of course we are keeping it to where the access would be a very warm welcome to street signs. Weve got some fresh data coming through. This is flash pmis as a whoeld. The flash manufacturing pmi for may has come in at 39. 5 up from 33. 4 in april in terms of the composite number for the eurozone, that has come in at 30. 5 up from 30. 6 in april the services pmi which has been the hardest hit sector as a result of the lockdowns. That has come in at 28. 7 up from 12 in april, we already had france and germany come through and we have the overall eurozone number. One other thing, one of the key kpoen nants here, the new business pmi has come in at 28. 4 in april an uptick there. Contraction did ease in may but still very sharp we have the euro trading slightly weaker versus the dollar this morning. Lets bring in our first guest Chris Williamson geoff and steve also with us chri
20. 5 in a data set thats never been more than 2 million in a single month, numbers we never expected to talk about no. The numbers are just completely and totally shocking not unexpected however given the carnage thats taken place in the economy over the last month as we locked everything down those lockdowns ending around the country. Things starting to at least normalize in some states the question will be of the 18 million workers who describe themselves as a temporary layoff of that 20 million, how many really will get their jobs back is a key given the markets reaction today, there seems to be an expectation that most of them will that will remain a question over the next many months as we hope that the economy does start to return to some semblance of normalcy mike, lots of internals to dig through here average Hourly Earnings show a chasm between lowerpaid employees in the country and those with higher wages who, judging from the data, lost their jobs at a slower pace. Yeah, no
And Commerce Committee are going to determine americas leadership in the world. My goal is to make sure that we are leaving on energy and climate and healthcare and technology 5g, Driverless Cars 14 forcing the digital abide major americas leading and the rest of the world is following our leadership. At the Top Republican on the Consumer Protection committee some of the issues is privacy. Yes. Where is your marker . What do you want to have done . The racket is very Important Congress act and that we set a National Standard for privacy in the United States of america. Right now what is happening is we are starting to see a patchwork of laws across the country and california has led with c cpa that what was going into effect right now and other states are introducing their own laws. Washington state, my home state, has introduced legislation and there is nearly 80 separate bills being introduced at the state level that are addressing privacy because congress isnt acting. We need to pas
Your fellow citizens at risk. Pompeo also had a question andanswer session with former secretary of state condoleezza rice, his next stop will be in San Francisco late this afternoon at the Commonwealth Club in the which will include a discussion on foreignpolicy challenges and issues of economic security. Than later he will attend a private dinner with tech leaders including Larry Ellison. And iraq, as if Security Forces cracking down a protesters who are angry about the downing of a jetliner. Craig has more from kyiv, ukraine. Reporter a major crackdown is underway in iran, Security Forces firing live rounds and tear gas at protesters and straining against irans accidental shooting down of the ukrainian passenger plane. And the fact that tehran denied it for 3 days after the crash. Reporter the denial and uncovering the truth greatly added to the suffering and pain of the families. Reporter the iranian government says there was no coverup and they are ordering the protesters to go ho
Dallas . Years ago. Traveling with a big sales whats interesting is it is a connected supply chain so what were actually discovering here with the coronavirus is those factories outside of china, they person a deal . A few of them i was a stock broker. Also are having supply trouble not able to start production in would you like to buy this or many cases because all it takes would this be better for you is one part to come from china alternative choice questions. So our products are electronics, you do. Fairly complex and parts really she doesnt get on a plane come from all over the world and unless there is money to be those parts that come from china made everything you do should be are affected. Okay. Closing. Bernie, thank you for joining us this morning im closing every day appreciate it. Coming up, can a slick we digress. It is up we are green today multimillion dollar ad blitz translate to success on the up 65 points, the s p indicated debate stage thats the question of the nigh