Preps for more restrictions. Plus microsoft beats estimates on booming cloud demand. Another big earnings day in europe. Numbers fall from Deutsche Bank in just a moment. We speak to the cfo. Saving at Deutsche Bank, swinging around. 182 Million Euros of profit. Fic up 47 . Fic out wall street banks up 25 . Deutsche bank, good volatility for them. Even though you have repressed volatility in the market, beating the United States wall street average of 25 percent, swinging to a profit, confirming fullyear credit losses provision. Let me just to give you some of those details. They are confirming that for the overall year. The cost goal is going to be 17 billion euros. That is what they are telling us. Of 19. 5 target goal billion, the net income, the numbers come so hard and so fast. Let me refresh my screen. They arethe reaffirming. I need to get this number. They are reaffirming positions for credit losses. That is coming through. 2. 6 2 billion, that is interesting. The estimate was
We will talk the markets, fx, and the dollar, but overwhelming all today is the news on the virus. Our team in brazil out with a terrific article on the pandemic in brazil. Jon, i know it is not equivalent , but it is the same energy about the sunbelt in america. At a pandemic, but it is worsening condition of the virus in the sunbelt. Jonathan youre right to say it is not equivalent because it is not, but it certainly is concerning regardless. For many Market Participants, theyve had confidence there is a higher bar to shutting down these economies once again. That teller into policy makers is beginning to be tested over the next several days. Will it constrain the reopening process . Will it hit his mrs. And consumers hit businesses and consumers . That concern is top of the mind. Tom i know we are within a range, but im sorry, i observed gold really out but your stop out,st and really up against an 1800 price target. Lisa i cannot say for gold, but i will just say, taking a step bac
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
Hello there good morning youre watching out international where its just gone 10 oclock here in moscow russias president Vladimir Putin is paying a flying visit to stay where he will meet with his italian counterpart and also pop into the vatican for a chat with the pope talking to journalists the head of the trip he stressed the special time tested relations between italy and russia reporting now from rome is it. Well it could be these special relations behind why president Vladimir Putin came to italy back in 25th thing when he wasnt exactly a frequent guest to europe but the e. U. Is not what it used to be 5 or 4 years ago different people are in charge of italy known for their euro skeptic policies and also a different approach towards anti russian sanctions so this is definitely going to matter when the talks happened the sanctions though are still of course taking their toll on whats going on between europe and russia when the journalists of a major italian newspaper caught up wi
This is broadcasting around the globe and covering the world of business and finance of the impact upon us all on the inner burrito and im christiane washington heres a look at whats on deck today joyce the bank stock is bleeding after the Company Begins a massive layoffs period International Regulatory attorney miles edwards is standing by to delve into digest shrinking pains. That are back up after iran has responded to its tanker being seized in off the coast of japan alter taught or with above the training joins us to sift through the seizure on the seas and later British Airways is facing a major record find over its data breach molly barrows contributor to americas lawyers lend us a hand to check in on the turbulence facing the english airline showed today the lets go and die right in. A dismissal by president ial decree for the governor of Turkeys Central Bank leads our global report today as president crosses a new line in his push for lower Interest Rates the turkish president