Onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Welcome to bloomberg markets. Here are the top stories we are following from around the world. Ecb president Christine Lagarde five to support the euro economic recovery from coronavirus all not. She vows to maintain the flood of liquidity that has so far calmed markets. Morgan stanley wraps up the week for bank earnings. Big gains for the trading desk. Helped thedfall that group survived the brunt of the pandemic. The u. S. ,ntioned, u. K. , and cannot say russian state intelligence is hacking into research enters working to develop a covid19 vaccine. We will dig into the reports. Lets get a quick check on the markets. Certainly a risk off day. 500 off of itsp lows of the day, still down about two thirds of a percent. The dollar index, not too much rea
Wish to seek recognition. Per House Resolution 955 resolutions and members are required to leave the camera on the entire time they are in an official proceeding. Even if they step away from the camera. Our roll call is not necessary to establish a quorum and official proceedings conducted remotely whenever there is an official receding with remote participation the clerk will call the roll to help make clear who is present at the start of the preceding. This time i asked the clerk to call the roll. [roll call] [roll call] [roll call] [roll call] [roll call] [roll call] [roll call] thank you very much. Pursuant to Committee Rule 7d Opening Statements are witnessed the chain the Ranking Member for this allows us to hear from our witnesses sooner and provide all members the adequate time to ask questions. Recognize myself a purpose of making an opening statement. Today we are examining how the covid19 pandemic is draining our Higher Education system and discussing what Congress Must do t
Accompanying regulations, members are required to leave the camera on the entire time they are in an official proceeding. Even if a step away from the camera. While roll call is unnecessary to establish a quorum and official proceedings conducted remotely, whenever there is an official proceeding with remote participation, the clerk will call the roll to make clear who is present at the start of the preceding. At this time i ask the clerk to call the roll. [roll call] [roll call] [roll call] [roll call] [roll call] [roll call] chairwoman, this concludes the roll call. Thank you very much. Pursuant to Committee Role 7c, Opening Statements are limited to the chair and the Ranking Member. This allows us to hear from our witnesses sooner and provides all members with adequate time to ask questions. I recognize myself do for the purpose of making and opening statement. Today, as we know were examining how the covid19 pandemic is straining our Higher Education system and discussing what Cong
We are tracking the increase and the rate of increase of new cases at the county level. We currently have 130 counties out of the 3100 in the u. S. In that category. This level shows you case positivity by the metros and the number of tests that have been done. This shows the change over time of test positivity and the largest metro where we have concerns. Phoenix, houston, dallas, san antonio, orlando, riverside, california and then to the bottom. This is how we continue to integrate data cases, data on testing and on hospitalization so we can work with the states for comprehensive integrative response. I know many of you would be interested in seeing how high test positivity became. March and april, the top line is new york city metro and you can see it reach over 50 on a series of days for almost two weeks. 50 of the tests were positive for covid19. Under that, you see new jersey and minnesota and a series of individuals. Detroit is the second one. To show you how you look at the st
Here are your top headlines from the bloomberg terminal. Angela merkel, the radical, the german chancellor throws her support behind the euro stimulus plan. She warns her fellow eu leaders that there is no time to lose and agreeing a deal. Is yet to come. The World Health Organization warns that a lack of International Cooperation means the virus pandemic is far from higher as aks push volatile first half comes to a close. Controversiales a security law after the u. S. Commerce Department Suspends regulation allowing special treatment for the city. As i said, just under an hour away. We are looking at futures pointing lower for the ftse right now. Andttle higher for the dax the cac. See euro stoxx 50 futures and ftse 100 futures are down. S p down just slightly as nasdaq futures edge a little higher. Lets talk about anna lets talk about breaking news. ,hell seeing volume guidance 3. 5 million to four point 5 Million Barrels per day. That is substantially weaker. Weakve seen extremely d