Evening. Ernoon, good this is bloomberg surveillance. Im francine here in london. Of course, its monday. To everyone out there. A lot of the focus is on what we heard from President Trump yesterday. Ideal way to actually reopen an economy is well. Uarding lives as well look at italy as today is the first what they call phase two. Actually day that its starting to slowly reopen. His is what your markets are doing. The focus is not just on european stocks, but on you can see european stocks down some 2 . Crude oil. Because of the rolling of the contracts and what we saw just a to le of weeks ago need spend a bit of time in terms of oil and what they see. President trump also blasting china. We troo i and figure out what that means for trade. Ell be speaking to our Brenda Murray very shortly. Now lets get straight to new york city. Bloomberg first reviews is we begin with the daily falling from the u. K. To italy. Hats as leaders across europe grapple with how to ease lockdown restriction
Surgeons as the daily virus death toll drops. We get pmis from across the region throughout the program. Fragile sentiment. Stocks fall amid political sparring between the u. S. And china. President trump promises a conclusive report following allegations the coronavirus began in a wuhan lab. This crisis is different. Warren buffett explains why he has not put his record cap trial to work as companies clamor for liquidity. Futures equity markets, to the downside. Matt miller is with us from berlin. Futures suggest we will see some weakness at the start of trade. Matt absolutely. We are looking at euro stoxx 50 daxres down 3. 5 , as our futures. Ftse futures trading down. 5 . Nonetheless, in the red this morning. If you look at u. S. Futures, you red as well. U. S. Futures down about 1 across s p, dow jones, and nasdaq emini contracts so it does look like we are headed for a riskoff monday to kick off the week. Just under one hour away from the start of cash trade, as i said, and we exp
Fewest deaths since the lockdown. Factory output across several asian economies slumped to record low. Fresh pmi data out of europe. The week culminated with a grim u. S. Jobs report. Warm welcome to daybreak europe the tail risk is back and it is wagging. Chinau. S. Trade relations in the dumpster. The United States president says as ultimate punishment, pompeo is ramping up the rhetoric. Angst deliversde hapedongation of any us recovery. That takes bond prices and yields down to 0. 25 , maybe even zero. That is the news, the pressure you have. Good morning. Nejra yes, the bad news doesnt seem to be piling up with asian factory data overnight, we look ahead to what some have called an unimaginable u. S. Jobs report friday with a 21 million plus expected out of that payroll number. Then of course you have the risk of tension between u. S. And china you have just outlined. The question is how much of that negative view is already in the price . A lot of people have said, look, risk asse
Of state orPolitical Military Affairs who spoke on the administrations decision to declare a state of emergency within arms sale to saudi arabia held by the Senate Foreign relations committee, this is an hour and 40 minutes. The committee will come to order. Thank you all for being here today and today were going to discuss the recent Emergency Declaration regarding us arms sales. The start we should recognize and acknowledge that the law contemplates and indeed requires a partnership between the executive branch and the legislative branch regarding arms sales. This committee plays an Important Role in conducting rigorous oversight of the issue. The same time, the law does grant the President Authority to conduct sales without congressional approval in times of emergency. Well be focusing on that issue. This hearing will focus on these rules andauthorities. We must consider the context for this latest declaration, namely active threats on iran and its proxy and our partners capabilitie
Find it tomorrow. Many years as a minister, yes, look, i will allow you to assume here, this is still my version, it is, as it were, well, as an assumption, and the first thing, now, what is important is to understand what is happening with the hostages, because, again, i say, there was no creation of the state of israel, there was no situation in which dozens, i dont even know the number, for sure we dont even know the number, among them there are also children, and women, and old men and soldiers, officers, apparently, again, as we hear, they are now in the hands of hamas and they understand perfectly well that, therefore, this is the first question, which i do not even envy todays ministers, including the Prime Minister, who must make a decision to understand this dilemma, literally appointed a few hours ago, the former commander of the division of the ninetyfirst division in the north, who left after the lebanon war, galir, who was then appointed Brigadier General to the position o