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We are also watching currency, the dollar has been the big story this week. The euro as well as its counterpart. We are taking a pause from the rally after the ecb, but if we see a gain today, that would take that streak for the longest in 16 years of nine days straight. So far it is flat. Flirting withlar . 70 for the first time this year. The dollar weakening across the board with the exception of the yen. Dollaryen, and offshore hovering. We are watching the bond markets as well. The mliv question is, the yields we are seeing, will they disrupt the equity rally . The u. S. 10 year after the u. S. Jobless numbers that fell again, treasuries ing the worst brent slipping after they did extend cuts after a breakthrough with iraq. Tom the European Central bank did put its money where its mouth is, announcing a bigger than expected increase in emergency bond buying, responding to what it calls the unprecedented contraction in the e ....
A bailout deal with the German Government. And how was the coronavirus transmitted scientists are looking at an outbreak of a choir here in berlin to gauge how people are infected through breathing in the tiny droplets known as aerosols present in the air around us. Our brian thomas thanks so much for joining us this morning one of the stronger psych loans and decades is moving inland in india and bangladesh millions of people have fled cycling omf on an authority say low lying areas are risk of flooding in the south or theyre also concerned about the spread of the coronavirus and cycling shelters where social distancing is impossible. These bangladeshis are preparing for the. Psst. Filling sandbags with their bare hands they braved conditions voted on by one of the most powerful cyclists in decades. Of. Meteorologists have dubbed it a super cyclon and as it headed inland it lived up to that name it sent water surging inland so ....
Reopening his tesla plant in california the growing dispute that could land the billionaire behind bars. Hate crimesiders new charges in the shooting death of Ahmaud Arbery as a new prosecutor is named in the case. I played the waiting game, and finally it seems like something is getting done. This morning, why his family is praising the move. Airlines in crisis in an exclusive interview, boeing ceo tells savannah the impact of the coronavirus could cause a Major Airline to fold. You think there might be a major u. S. Carrier that just has to go out of business . Yes, most likely. Why he says it could take years for the Airline Industry to get back to where it once was, and the concerns over passenger safety after these images of packed flights. Its up to you New Yor ....
The u. S. Revised down its revised forecast for this year and next. The outlook for automakers in a postvirus world. We look at the prospects of japan the boss of lamborghini. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of april, coming in at 3. 8 . This would be below expectations of more than 4 and at the same level than in the previous month. South korea of course has implemented big fiscal measures, not to mention the relaxation of social distancing measures and president moon jaein asking his ministers to swiftly draw up a third budget. He has announced something of a korean style nodeal with statement investments, and we are seeing the south korean Unemployment Rate at 3. 8 , the previousl as in the month as south korea continues to battle the coronavirus pandemic. That seems to have restarted and regained some moment ....
Welcome to bloomberg surveillance. I am Francine Lacqua. A lot going on in your markets. Happy monday. Asian stocks are advancing with the u. S. Index futures following a mixed section in asia. Investors move across growth to relax restrictions for coronavirus. I am looking at the dollar drifting higher against most of its major peers. Lets get to bloomberg first word news. In the u. S. Vice president pence is selfisolating after his press secretary tested positive for the coronavirus. He has tested negative everything a day. He has not been in quarantine. He plans to be back in the white house today. Threatening to sue in germany over the countrys constitutional court. Eu final word on ing eu law has infringement proceedings against germany are possible. Speak to the lawmaker later this morning. Saudi arabia has announced austerity measures. It is cutting allowances for government workers. The savings are valued at 27 billion. T ....