Support. Welcome to bloomberg surveillance, im Francine Lacqua in london. Lots going on on the markets. Lets get straight to what the european stocks are doing. Down 0. 5 . Stocks are falling with u. S. Futures, as well. Oil dropping below 40 a barrel. Economicl says the rebound likely needs more support and that leaves a lot of questions about what Central Banks could or could not do. To have ans good idea of what is going on with the german economy, the german Business Confidence index aligned with expectations. Get straight to the bloomberg first word news in london. Leighann gerrans. Good morning. Protests in louisville, kentucky. One officer is undergoing surgery and a suspect is in custody. The latest violence was sparked by a grand jury decision not to file murder charges against Police Officers involved in the Fatal Shooting a Breonna Taylor. One officer faces a lesser charge of wanton endangerment for firing into neighboring apartments. Itsu. K. Is considering first vaccine st
A system you can count on, we need transparency. President trump ramps up his Public Campaign to blame china saying he has seen evidence linking the outbreak to a lab in wuhan. I think the World Health Organization should be ashamed of themselves. The threat of tariffs weighs on the futures rbf and posted better than expected profits revenue surge and shares sink. Jeff bezos plans to spend 4 billion on virus response measures apple beats top and bottom line forecast in the First Quarter but ceo tim cook said he wont pretend to provide an outlook. Sending shares red after hours a very good morning to you and welcome to street signs. A rough start to may, the only stock markets that are open are trading lower after washington and beijing increased overnight. Threatened new trade tariffs against china after claiming the coronavirus outbreak originated from the country the president did not offer any evidence adding, quote, im not allowed to tell you that and also saying the worth Health O
Chinese stocks turning higher after a phase i trade deal to calm and solid industrial and retail data. Consequences. Be china threatening retaliation and germany bands hallway hallway. Calm carmakers could be caught in the crossfire. Prime minister Boris Johnson prepares to name his new cabinet. Sterling strength continues as investors stay positive on brexit. Under an hour away from the start of cash equity trading. Taking a look at what futures look like, all green across the board. Ftse futures still gaining solidly. It looks like it could be a risk on day. Absolutely. A slightly sluggish picture coming through, a lot of questions hanging over the trade story. To what extent are we going to see the rollbacks . Questions and after that, the mixed picture on chinese data. Retail sales better than expected. Mind andof that in with some of the euphoria that see the msci pacific fairly flat. A couple of red headlines closing the bloomberg. Inrth Quarter Sales coming just below the 62 bil
Matt good morning from a very busy berlin. We have a office full of reporters who have been here all night long, like the Lionel Richie song, because the German Climate cabinet has been meeting since yesterday and has not been able to come to a decision on the possibility of a carbon tax or extension of the cap and trade system, and has not come to a conclusion about what environmental kinds of environmental package that could be in the tens of billions of euros ity wants to present. Nejra it will be interesting to see what that includes, and if Angela Merkel disappoints. She was criticized when she was environmental minister. It is the number one concern of german voters, and as far as what we could get, there are questions over some kind of extension of the emissions trading scheme, may be moving that to other sectors, and if there could be a carbon tax. All this could affect a number of companies, including airlines and also a lot of transport companies, matt. So what do you think m
Democrat, were willing to accept extraordinary disadvantages to american jobs. Billionaire telling the fed, they are, quote, screwing savers and says donald trump is wrong for his attacks. The president is doing a lot of wrong i wrote down yesterday, i said Consumer Confidence is up, retail confidence is strong, consumer net worth is at record levels, economy is growing at trend. Rbs investors welcome allison rose to become the first female ceo of a major british bank. Sterling hits a twomonth high after they say a brexit deal is possible hes open to a deal that might replace the irish backstop good morning the u. S. Vice president mike pence told cnbc at the alpha conference that President Trump is defending economic interests as they resume trade talks in washington, d. C. Today when it comes to china, it is a whole different ballgame we run 500 billion trade deficits with china and we estimate we lose almost as many in intellectual property theft almost every year. What the presiden