Keeping an eye on the treasury market, the 10year right about 0. 638 for that yield. Right now time for the squawk planner. The American Economy has lost about 8. 8 million jobs in the last three weeks economists are expecting the loss of an additional 5 million. Well get Housing Starts data with a decline of 15 for the month of march we have a big lineup of guests starting at 6 30 eastern with black rocks larry fink. We also have ken fine berg, dr. Emanuel, barry diller and House Majority leader mccarthy coming up and cases to top 2 million u. S. Cases top 640,000 new york cases over 21,000 new york governor now squarequi people to wear a Face Covering when out in public that takes Effect Tomorrow becky. Joe, everybody in engel wood cliffs right now is wearing a mask everyone who is not on air it is something they are take very, very seriously too im thinking about exactly what it means when we are all trying to get back and when we are in the nasdaq. I think in the entire place, it i
Industry leader this hour. Masayoshi son the company is forecasting a massive loss for the year has investments in startups shery lets get you started with a quick check on the markets. U. S. Futures supported at the moment after u. S. Benchmarks ended the session mixed. This ahead of earnings season kicking off officially tomorrow with j. P. Morgan and wells fargo reporting. Afterutures up. 3 , this the s p 500 rallied almost 25 from its march low. Nikkei futures also gaining ground. 4 . We had a little bit of strength for the japanese yen in the overnight session as we saw more safe haven bids play out during the u. S. Trading session. This of course as we saw japanese stocks falling in the previous session. We have been trading most markets away on holiday. Today, only india is off. Crude prices rebounding from losses in the previous session. We had seen crude under pressure despite opecplus managing to strike a Historic Deal to cut output by nearly. 1. Market sentiment guided by wh
Welcome to daybreak europe. Investments slowed in china and gdp hit 6 . That is below the forecast of 6. 1 . Industrialy Strong Production data was a bright spot, but the chinese economy is likely to lose momentum. In terms of market momentum, we move to the downside on the shanghai composite. It has been a mixed picture overall. We will dig into the trade war. We saw gains on the s p 500 yesterday in the u. S. Euro stoxx 50 futures into the red. The 10 year yield tips to a 174 handle. The bloomberg dollar index near a july low. Prices givingairy the kiwi dollar a lift. The worst performer, the pound. Pulling back from a five month high. Yesterday, risk reversals. Volatility still near that 2016 hi, talking about one week volatility on cable. 12849. Back to the brexit story. After frantic negotiations just days from a deadline, Boris Johnson has reached a brexit deal. This is how he described it. This is a great deal for our country, i also believe it is a very good deal for our friend
We are going to bring you todays market moving news from all around the world, from london to brussels, istanbul and washington. Our bloomberg voices are on the ground with this mornings top stories. We want to begin in turkey. The country has agreed to tip a rarely halt its military offensive in northern syria, but it is not withdrawing its forces. The lifting of sanctions may come with a permanent ceasefire. Theence with implementation of a ceasefire, the United States will not impose any further sanctions on turkeys, and once a permanent ceasefire is in effect, the president has agreed to withdraw the economic sanctions that were imposed. Joins usimin demokan from istanbul. How does this play out over the next 24 hours . Simikin turkey is expecting the kurdish fighters to withdraw from the areas. President erdogan said he expects to create a safe zone once those kurdish militants have left the area, and the safe zone will be 444 kalama theres long. 444 kilometers we also expect turk
Negotiator says talks have gone well and they are on course for a partial deal. The 20th weekend of protests in hong kong, targeting chinese owned his misses. Chinese owned businesses. Imfleen coming up, the reading in washington including conversations with John Freudenberg and others. U. S. Stocksow ended, look at the big picture, ongoing trade war worries. Lower across the board. One big name which was responsible was netflix, closing down across 6 . Forecasters of cyber growth falling short. It hit the nasdaq 0. 8 lower. Johnson johnson recalled baby powder that came up with traces of asbestos. Boeing, questions by the faa about what they knew before the max was reported. 4 . Dow is down, s p down there was good news. Jpmorgan numbers better than forecasted. Cocacola was very solid. For the week and the second week, the stocks closed higher on average. Positivity out of the negativity. What are you looking at . Sophie asian stocks going for a mixed start after a weekend of imf meet