The second world war. Futures are rising. Oil retreats after a meeting with Top Producers is delayed. Talk is tough. We are just under an hour away from the start of cash Equities Trading in europe. Gains looking at decent across European Equity indexes. If you take a look at u. S. Futures, you see gains. Asian stocks advanced as well as these gains that we have seen. Daily reported death tolls and some hotspots dropped on sunday. Boris johnson was put into the hospital. Lets get into the markets right now. Lets talk about risk sentiments. Are we talking more about a risk on day because traders think maybe we have somehow peaked in terms of the coronavirus threat . Futures are telling us it will be a risk on day. If we look at daily fatalities, on april 5, they are the lowest in a month. We are seeing a flattening of the curve in countries like spain and italy. U. S. States saw the first reported decline in daily fatalities. That thissoon to call will be the end of the market pressure
Whole foods having a sickout today. Are they the new american heroes. Media went after him after his white house speech, all that and so much more on making money. Charles so it has been a mixed session on the street. We erased early losses, uplifting thoughts from dr. Fauci, social distancing and march Consumer Confidence report, much better than anticipated. Later on it was a news conference, Governor Cuomo and other governors out there giving us sober reminders of the current circumstances. So how should investors approach this market . Joining me now, Katherine Rooney vera along with Devine Capital ceo, dani hughes. Kathryn, let me start with you. You could argue if the dow is off 1000, even 2000 points it, might not be a big deal all things considered. So in a way it is a moral victory but how do you navigate these new waters . Well, charles, no one can price the bottom, thats impossible, so those who divine that they can it is just an i impossibility. I have been telling my clien
Economy could lose a chunk the size of japan as coronavirus cases top 1. 5 million. Across extends gains opecplus meetings as Top Producers move closer to a deal. Cutia says it is ready to 1. 6 billion barrels a day. Just under one hour from the start of cash equity trading. Lets take a look at your futures. Gains inoking at futures on the ftse, cac, and dax of 1. 2 . More than 1 gains in european futures. U. S. Futures had a mixed picture. Nasdaq futures were down and we were seeing gains over the last 30 seconds. We are seeing u. S. Futures climb wellwell ahead of the open in new york. Johnson haser boris spent a third night in Critical Care where we are told his condition is improving. Officials are drawing up plans to extend the lockdown in a bid to control the crisis. Scientists predict the u. K. Will be headed into the peak of the outbreak over the next week. Biden is thejoe Presumptive Democratic nominee for president. Thats as Bernie Sanders ended his run, thanking supporters f
Quarter net profit at around 1. 5 billion dollars. The dividend for 2019 will be paid into stages. Rival Credit Suisse will delay half its devin. Welcome to daybreak europe. As we head toward the long easter weekend, all states warning the Global Economy facing a 5 trillion hit over the next two years, greater than the output of japan. And they say global output not return to previrus levels until 2022. , futures have been moving around a bit overnight. Were seeing a bit of green on the screen in asia for the fourth session. A bit of a mixed picture. The 10 year yield dropping almost three basis points. Foot, and front russia said it is ready to put it screwed output by about 15 payment lets get an update on the coronavirus, claiming another daily Record Number of u. S. Ms in the the global tally now stands at more than 1. 5 million infections and around 88,000 deaths. American expert anthony found she said the stoxx the start of a turnaround could come after this week. Ross, great to
Could close with an agreement to cut output. Russia says it is prepared to cut as much as 15 . Lets get a check on markets. We are seeing quite a bit of risk abbett risk appetite, given that we dont see signs of a peak in cases globally in the epicenters of coronavirus. Dax up 2 and the futures pointing to gains. The s p 500 technically went to pool territory. Bull territory. Will initial jobless claims put a stop to the rally or will they shrug off the numbers . One market is perhaps telling a different story. The dollar is steady in todays session. Gains, someg some optimism ahead of the opecplus meeting in oil. Generally a bit of a riskon tone across markets. Bloomberg first word news. Vicena former u. S. President joe biden is the Presumptive Democratic nominee for president after Bernie Sanders suspended his campaign. He thanked supporters for helping create an unprecedented grassroots movement. Stays says he will on the ballot to help democrats closer to his vision. Oil gaining a