Around the world from hong kong to brussels, berlin, new york, and washington. Our bloombergs voices are on the ground with the top stories. We begin in asia. The death toll from the exceedsrus exudes 2000 in china. Walk me through of what were hearing from the government in terms of supporting the economy. The 75,000to get to new cases of shared of this virus new cases out there this virus. This may have been a lot worse a lot worse. There is a 70yearold man in hong kong who succumbed to his illness at the hospital. He had underlying issues. But lets talk about the cruise ships. We have one in cambodia and we whichhe diamond princess have the most localized cases outside of japan. People are being led off that boat and being evacuated. If you test negative, it can reappear. It can remain dormant. What are we doing here . What is happening . Theyre suggesting a 14 day quarantine when you leave the boat. We were talking about how the Chinese Market was of thirdbiggest Aviation Market in
In the last 24 hours, combining virus dynamics with oil dynamics. That is a distinction of this crisis. Francine and i am looking two to european lets get to first word news in new york city with viviana hurtado. Viviana we begin with a uturn from President Trump on the need for an economic stimulus he now says he will seek a payroll tax cut and belief are Industries Hit i the new coronavirus. Today the president is promising to unveil what he calls very dramatic action to support the economy. Bloomberg has learned for now the package will not include help for airlines and others in the travel industry. Now to italy it will become the first country in the world to attempt a nationwide lockdown. It is trying to stop the spread of coronavirus in europe. Almost 500 people in italy have died from it. A prime ministry imposing a travel ban. He has told italians, stayathome. Some of the worlds biggest banks predicting the European Central bank will cut Interest Rates thursday. J. P. Morgan a
Yesterdays stock rally. European equity futures suggest another grizzly session. Reject ree to restrict travel to the region. Angela merkel is not rule out joint eu debt issuance. Welcome to the European Market open. Lets get straight into breaking news from the car sector. Car sales in europe are off to their worst start to the year since 2013. Registrations declined 7. 3 . The coronavirus is shutting down car plants worldwide. Earlier on, we heard from toyota. Daimler vw, and that is the way we are heading. Things are looking to get worse before they get better. Of february looked different than the end in terms of consumer purities priorities. Lets get a look at how the car sector opens in just under one hour. Under one hour to go until the sort of cash equity trading, here is what futures look like. 4 under pressure, down by or there about. Down,utures are also nasdaq futures down more than 4 . , we saw strong gains but now things are looking more difficult through the Asian Sessio
The 10 year yield at 1. 56 . The dollar index continues to strengthen, and crude oil is above 53. Guy we are seeing Dollar Strength beginning to ease a little bit right now, but you still got the dollar up against the turkish lira. The Turkish Central Bank cutting rates again. Still, the pressure is building on the lira. Eurodollar flat to negative right now. We are still below 1. 08. How low does the single currency go . European stocks not at session highs, but fairly close to them. Oday vonnie we begin with the latest on the coronavirus as china makes moves to stimulate the economy. Possible bailouts for hardhit Industries Even as the death toll continues to rise. Bloomberg also reporting that china plans to take over the indebted conglomerate hna group. For more, lets get to bloombergs Sophie Kamaruddin in hong kong. Continuings and illnesses. What is the latest. Mr. Prystaiko with the report sophie with the report on hna group, bloomberg has learned conglomerate is in talks with t
What will be watch . We will watch wage growth. Good morning, this is bloomberg surveillance. Guy johnson is with us. There is a really dramatic photo of a helicopter dropping down on a cruise ship. What is the mood in the london weekend . Guy the mood is everyone is trying to figure who has what. We dont have enough test kits. Knowledge as to wether or not this is spreading quickly, slowly, how we people have it. It does not exist right now. Tom i believe it would be called unknownunknown. Screens tothree data start things off. With our first word news, here is viviana hurtado. Viviana we begin with the coronavirus. Almost 100,000 coronavirus cases have been diagnosed globally. The majority in china. Beijing reporting the number of new cases and deaths are falling. The u. S. Outbreak is getting larger. There have been more than 130 cases reported and at least 11 desperate there is a key to wether the Central Banks cut rates again. This from robert kaplan. He is looking at how fast the