To get toay, a lot this week. Trying to understand the impact of the gradual reopening of the economy. What kind of impact it could have on jobs and productivity. We way that with the story on oil, one of the biggest of the last 10 days. Saudi arabia started doing this production cuts a bit sooner than expected. This is what im looking at overall. A lot of earnings coming through though be the big story of the week. You, have a data check for seeing the stocks in europe, the pound orally sterling up and then i quite look quite like looking at what we can expect. Is due to to speak shortly from downing street, we are live with what the Prime Minister has to say. He is back at work with the uks to tackle the coronavirus and ease the lockdown that has brought the economy to a standstill. As soon as he does it come we will bring you every headline on that. We begin this busy news monday morning here in new york state, yesterday the state coronavirus deaths dropping to the lowest of the mos
Competitive after the crisis. Adidas at a standstill saying refuse news are severely impacted by the closing. Well have a better view after may when we see the progress in germany. Boj launches an unprecedented expansion of the boq in a move that sends asian equities higher and sets the stage for the fed and ecb meetings later this week uk Prime Minister Boris Johnson returns to work to lay out a plan to lift the lockdown. Spain lets children outside and france looks to approve its exit plan in parliament. Very warm welcome to street signs. You can see were outside downing street awaiting Boris Johnson, whos returning to work after recovering from the coronavirus. Well bring you the Prime Ministers comments as soon as they come in. Meanwhile, lets get a check of european markets. Were off to a roaring start the stoxx 600 rallying in the first hour of the session. Last week we saw a modest retreat and just about 1 lower. This week focus firmly turning towards the reopening of the europe
Far as we report from california where spring planting has begun. So then workers desperate for money in one of the worlds biggest Garment Industry to define coronavirus lockdown orders theyre returning to work in bangladesh saying they havent been paid for months the country is expected to lose at least 6000000000 dollars worth of exports and to make up for some of it textile workers now selling masks medical gowns and other in demand personal protective equipment bangladesh has recorded more than 5400 coronavirus cases and 145 deaths lets go straightaway to turn to child who joins us from bangladesh from dhaka or just outside in the heart of the Garment Industry there i think time will tell us more about whats going on. In the camera view but theres a factory actually reopen in a streamlined they dont have as many workers in the road yesterday there were protests here just about a whig theres been protest all across the country workers demanding that back wages some of the workers ha
Were watching our to International Coming to you straight from the russian capital lets get started with your live news update we begin as always with the latest figures on code 19 the Global Pandemic is still raging the number of confirmed coronavirus cases has now surpassed 3000000 more than 123000 people have recovered but the number of fatalities has risen to more than 211000. Germany is mortality rate from coping 1000. 00 has been much lower than some other states thats encouraged it to already reopen some small shops and schools but with paul to political pressure growing to go much further to kick start the economy scientists fear that could trigger a deadly 2nd wave of the buyers sort of lift the lockdown or not get all the reports. One of german politics elder statesman has ruffled a few feathers with his comments putting economics over health when it comes to the corona pandemic if there is an absolute value in our base ignore it all it is Human Dignity it is untouchable but
And you told your club members this morning were done selling for now. You raised the cash for when or if the market starts to revert to its old ways. Weve been selling into this strength and have to set up for another leg down why . Were about to go into earnings. Mcdonalds this morning reported some bad numbers and withdrew forecasts. We may see more of those once april 14th comes around. Its earnings season when we come back from the holiday, i think well have earnings cut earnings cut. I donennt think this is didnt where do we think earnings are trending, with so many guidance pulls, we got more out of levi last night how do we know what a reasonable model for this years models are . Both pinterest and levis rallied, why they said we cant forecast, but we have good strength in the core business. Levis talks about theyre an iconic brand and they can do well i cant hang my has the on that. Those stocks are down big. I would tell you that there are companies that will have better numb