Could you suggest which specific areas of the country could have guidelines relaxed . Trump i think there will all Start Talking about that in a few minutes, tony will talk about it, but cant say lets close. People dont want to close. I say it again and again. The reason i do is that i want you to report it eventually. Reporter when you talk to president xi tonight, what do you want to talk to him about . President trump it is his call. I think we will have a beautiful call. It is tonight at 9 00. We will be talking about the virus. Reporter the market rally again, up over 4000 points in the last three days, largest increase since 1931. The Economic Activity has passed . President trump no, it has not passed but it has come along way. They think we are doing a really good job in terms of running this whole situation in terms of the virus. I think they feel that the administration, myself and the administration, are doing a good being very important in keeping people informed, because there was a great fear rate at a lot of good things are happening , and the mortality rate, in my opinion, you will have to speak to deborah and tony and the others, but in my opinion, it is way down, and that takes a lot of fear out. It is one thing to have it. It is another thing to die. When i first got involved i was being told numbers that were much, much higher than the number that seems to be. Thatemember, the people have it many people have it come i spoke to two people who have it, they never went to a doctor, they have it, the absolutely have it, but they never went to a doctor. He never went to anything. They didnt reported. They didnt report it. You have thousands and thousands of cases like that, so you have to add that to the caseload also. And the people that actually guy, that percentage is a much lower percentage than i ever thought. That is one reason i say, we are going to beat this and we are going to get back to work. Yes, please. Reporter there was reporting today the doj is going to be charging Nicolas Maduro with drug trafficking. It is also expected venezuela will get hit hard by the coronavirus. As the is ministration does the administration see this as a weak point for the maduro regime . President trump no we dont look at it as a weak point. This is serious for 150 nations. Venezuela and maduro, we are watching closely and we will see what is happened that we will see what happens bit but that is correct. Reporter you said you would use the Defense Authorization act on two occasions, what are those . President trump we will let you know. Reporter on classifications for counties, a lot of these areas have not done testing it. It is is it safe to say the current timelines will be extended into next week . Will you wait to change those guidelines until you have the data . President trump i want those guidelines to go even when we are open and fully operational, and frankly, much of the guidelines like shaking hands, maybe people arent going to be shaking hands anymore. Tony mentioned to me the other day, tony fauci, i dont think he would be too upset with the concept of not shaking hands. He said the regular fluid be cut down by quite a bit if we didnt do that, if we didnt shake cant. The regular flu, you have the deaths you have a lot of deaths and a lot of problems oo, so i think we are going to have a lot of great things. As soon as we are open, that doesnt mean we are stopping the guidelines. You will still try to distance yourself, maybe not to the same extent because you have to lead a life. At the time has come. One more question. Guy ahead, please. Go i had, please. Reporter goahead, please. Reporter you said the other date is important to protect Asian Americans. President trump it is important to me. We have to protect our Asian Americans. That is very important, a tweet, to me, because i didnt like when i was hearing. Reporter what are come bash one of the concrete measures you are taking to combat hate . Americanstrump asian in this country are doing fantastically well, im very close to them as you know when they are doing fantastically well. But i didnt want to put out the statement, the social media statement, because Asian Americans are great part of our country. Thank you all, very much. Well see you soon. You have been listening to President Trump address the public. He was talking about the stimulus bill he expects the house to pass. We have heard from Speaker Nancy Pelosi saying the house will move quickly friday to give final congressional approval to this historic, 2 trillion rescue plan. Saying this is and we have seen a surge in masks. And President Trump says he will discuss this virus with xi jinping. In u. S. Has now passed china coronavirus cases according to john hopkins. In the markets, u. S. Futures higher 3 10 of 1 after we saw the first three day rally since february for the efts for the s p 500 index. Defenses were higher, utilities and real estate let the way, we have the dow surging 21 from the lao it hit monday from look at dei. Look at wti, a strong rebound after the head of the International Energy agency said Global Oil Demand is in freefall, made worse by the price war between saudi arabia and russia. Still volatility being seen in the crude market but we are headed in the last trading day of the week in asia and it looks like a show will follow wall street higher after that threeday game for u. S. Stocks. This is the positivity we are seeing across asian futures in we moment, looking firm that will see australian markets open in the green, looking over 4 . Qantas,watch airlines, after International Airlines passengers plunged 44 in the month of february. New zealand, trading 4 higher despite Consumer Confidence falling. In terms of other numbers we are watching out for, China Industrial profits are dropping later today and that is expected to see doubledigit the clients for the year, just getting doubledigit declines for the year. The jet pan market open will be ,nformed by inflation correlation in the nationwide price trend expected to show further weakness in march. Sx, anothers to decline overnight, falling against all its g10 peers, trading at one on nine, the aussie dollar for seeing the aussie dollar seeing a respite, as we watch for quantitative easing, looking like it has gone pretty well so far in the first few days of its quantitative purchase program. It is starting to get interesting, we had thursday the pboc asking for stabilizing after he had been with arforming, strongerthanexpected level thursday. So perhaps a bit of signaling its intention to support the currency. As we saw few moments ago, President Trump speaking as cases in the u. S. Surpass those of italy, numbering 80,000, and according to Johns Hopkins data, overtaking china with most cases as well. Our reporter Laura Davidson is in washington. We see these cases continuing to mount and President Trump talking about his intention to get the country. Lara he said he laura he said he would be putting up guidelines to the governors of states to go about opening up their economies. It is unclear exactly what that would look like. He said he still wants people to practice social distancing, follow cdc guidelines, but also go back to work and resume life as normal. Those guidelines as a reminder say no more than 10 people gathering at one place, so it would be very hard to see how schools could be open or how many businesses could operate. He is talking about lightning those up and that has been really concerning to both president s own Health Advisors as well as outside advisors who say, look, if you let up the guidelines and restrictions on people moving around now, we could see a trend line of deaths and cases that is already slanted up just spike, and any containment that happened over these past two weeks, we would erase those gains. Shery we are also hearing from Vice President pence that he expects the house to take up the stimulus bill tomorrow around midday. Tell us about what is included. This is a historic bill in size, two point 2 trillion worth of stimulus for individual households as well as Small Businesses, large businesses. There are individual cash transfers about 1000 per person going out to middle and lower income taxpayers, there is a big fund for corporations that comes with Strings Attached on stock buybacks and ceo pay. There are loans, including loans given to Small Businesses if they keep employees on the payrolls. There is also a lot of funding for Health Professionals to make sure they are getting funding at the equipment that they need. It is a massive bill. It is set to be voted on tomorrow when the house. It appears it should pass, but it is possible there could be some delays, there are some members upset with the process, but it would not be enough block final passage, we would just be looking at a delay of a couple of hours during the day. Shery Laura Davidson in washington, thank you. Resident trump and chinese president xi jinping are set to talk later today, this comes after xi called for Stronger International cooperation to fight the outbreak at a g20 meeting. Lets check with correspondent selina wang. Say . It president xi is a sign of positive cooperation between these two countries at a time when Global Cooperation is needed. For unityxi calling and Cooperation Among companies in order to stave off a Global Economic recession. So china is asking for countries to implement strong fiscal and monetary policies, keep Exchange Rate stable, Work Together to stabilize supply chains, and also said countries need to reduce tariffs and trade barriers but did not directly mention trade tensions with the u. S. And the fact tariffs remain in place on china in terms of the faceone trade agreement. You also heard xi call for an increase in the output of pharmaceutical supplies and medical this cities, as countries around the world are desperately trying to acquire and stockpile more medical equipment, including masks and ventilators, as cases around the world now top 500,000, more than 23,000 deaths. The g20 leaders are pledging for cap committedts to spending trillions of dollars at these ordinations are critical to these crises, including the Global Financial crisis in 2008, so it is critical that you are seeing multilateral multilateral cooperation, the backdrop up u. S. China relations is still very tense in terms of this fingerpointing and blame game going on between the two countries, not to mention the broader economic trade and technological tensions. Of important terms cases china is struggling with, the country has announced a new measure to limit foreigners coming into the country. What do we know . A china is going to temporarily suspend the entry of foreigners starting saturday, but they will ban foreigners, even those with valid permits and visas. This is a comprehensive ban. It follows bands imposed by other countries, which china had resisted previously because most of the cases were within its borders. But as the official data now shows the vast majority of cases are coming from people who have been traveling overseas, you are seeing china change its stance. Our as they are relaxing restrictions domestically with the announcement that on april 8 the wu had locked down will be lifted, and recent days you have seen april 8 the wuhan lockdown will be lifted, and in recent days you have seen them require international panzers International Passengers to take a test, and in beijing flights have been directed to other airports, and only people virus free can go into the city, and still have to undergo a 14day quarantine. Shery selina wang, our china correspondent, thank you. Hearing from american ceos in a note to employees that they are hopeful voluntary leave uptake will be robust. They are saying they will continue to reduce lights flights scheduled. The american airport will forgo cash compensation. We heard President Trump talk about support for the airline business, saying it is vital for the country, that they want to keep airlines going. This includes the stimulus package that includes 25 billion in grants, 25 billion in loans to carriers and so forth, american air now saying they will reduce flight schedules even further. Still ahead, neu capital director edward jones tells us how the coronavirus is affecting debt, and why he sees unemployment hitting 12 by june. Up, wealthwiseng financial president loreen gilbert. This is bloomberg. You are watching Bloomberg Markets asia. Lets get to headlines. President trump says he is confident the u. S. Economy will rebound as soon as the economy opens up to the coronavirus. He says it is not the fault of the u. S. He says he is in close contact with his counterpart in china, and that deploying troops to the canadian order is equal justice for action on the frontier with mexico. Fed Balance Sheet has topped 5 trillion for the first time as it tries to cushion markets from the coronavirus fallout. However, it says it will continue to provide essentially unlimited support to the u. S. Economy to the u. S. Crisis. Chairman Jerome Powell acknowledged the u. S. May already be in a recession. We are not going to run out of ammunition. That doesnt happen. Rating timenterest at what we think is right, giving the economy the right level of support. If we had raised Interest Rates more, it would have been higher and Economic Growth would have been slower, so it would not have mattered in the end. We are really always setting our Interest Rates at the level we think is appropriate. Shery the European Union announced a new fund of 40 billion to combat the coronavirus, saying citizens of the block will member that lawmakers were there when people needed them. The Commission President called for urgent and Massive Action to stop the out rake and overtake the outbreak to stop the outbreak. Haidi china is suspending entry of foreign travelers during the coronavirus, halting admission of people with valid visas. The move goes into effect saturday. The ministry of Foreign Affairs says it is in response to decisions taken by other countries. The president used a g20 Conference Call to call for greater cooperation to avoid a global recession. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. U. S. Futures are gaining again after stocks are on a Third Straight day of rises as the u. S. Stimulus plan cleared major hurdles. The dow saw its biggest preday gain since 1931. Gilbert,s is loreen wealthwise financial president. Great to have you with this peer not something you would expect in the job in the stock market when you have jobless claims spiking to 3. 2 million. How do you assess the action . Million is a. 2 large number, the biggest that we have seen in a oneweek period. I think that a lot of that will turn out to be hospitality and leisure, because that sector acted quickly to respond to their vacancies. Going tong at what is happen next with the economy, when it comes to the stock market, the stock market is looking forward to that stimulus package, trusting that that is going to help us get back on track. Shery where are we in terms of valuation . And could we get stocks cheaper, given the amount of volatility and uncertainty . Loreen i do think so. Back days that are positive for the markets, but i think we have to go in with caution, looking at most likely vshaped instead of a recovery, and looking at another downturn in stock. Haidi would you advise people to increase their equity holdings, given the valuations we are seeing . Nothing fundamentally has changed in terms of a turning point in the Public Health crisis. We are not seeing at the infection numbers come down, which most people say is what you would need to see for any indication on when the economic shutdown can begin to recover. Loreen i agree. When we look at what it is going to take to come out of this, first there was Monetary Policy. Then fiscal stimulus. And then the third thing is, we have got to see a decrease in the infection rate, and people going back to work before our economy can truly recover. So we are not there yet. We are just now looking at fiscal stimulus being passed. It has to work its way into the economy and into the system. And then we have to see a decrease in the infection rate for people to go back to work. So i would say enter into the markets with caution. And we are focusing on the Large Companies that we now have strong Balance Sheets, have lots of cash on hand, and we know will get through the crisis. There will be a time to invest and put more cash in other companies, may be and midsize, but i would say for now to be focusing with a sense of caution. What are your feelings at this point about big tech . As a sector it was the sl