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We saw a poll coming out of the weekend on sunday, a couple polls, actually, saying a majority of americans that were surveyed had very strong feelings about the fact that the president himself managed to contract this virus. Emily to a certain extent, it has served as a little bit of a wakeup call, if you will, that the president , with all of his security, testing, and the people that have been around him, even the most powerful man in the world can contract this virus. Can contract the virus. You see republicans. They have been sort of pushing forward and saying we are going to go ahead, continue with the debate, continue from what they can do with campaigning. Look over in the senate, where there is a huge debate going on right now about filling the Supreme Court vacancy. We have not seen any changes to that schedule despite the fact that we have three republicans who currently have the coronavirus and a couple of them sit on t ....
Find a bid. We wait for more gloomy Economic Data at 8 30. Time now for our market moving news from our new york team. We are going to start with oil. The iea says the outlook for oil demand has improved somewhat, yet it sees crude production on track for historic decline this month, at the lowest level in nine months. Annmarie hordern joined me now for more. Annmarie this report is still bleak, but slowly but surely improving. They had to say is that outlook for the oil markets are improving somewhat. Amanda little stronger than what they were expecting, but really, the big take away from this report demand a little bit stronger than what they were expecting, but really, the big take away is that this month is on track for historic decline, the most in nine years. This week alone, we saw the kingdom, the uae, and kuwait deepen cuts for june. The same time, the iea is looking at producers outside the group like the united eights th ....
Then we have the 10 year yield down to 1. 86. A little bit of buying in u. S. Treasury pending appeals lord. Guy lets look at what is happening in europe. Stocks are up by around 1 . Bullish as the day has progressed. Every sector is in positive territory. Eurodollar is a little softer, still north of 1. 12, but only, just as you can see. We are getting a bit in the bond market today, five basis is over , unwindingan 10year the moves we saw on december 28, 20 night. Is this going to be sustained . The data out of europe are not great, but from a Broader Market perspective, we are definitely riskon this first trading day of the new year. Does it imply anything for the rest of the year . I very much doubt it. Lets get perspective on where you will potentially be making money in 2020. We are joined by Alberto Gallo, portfolio manager. He is going to give us perspective on where w ....
That is pleasing most investors. Isnt stocks soaring. Sent stocks soaring. We are certain to be speaking yields. The10 year in u. S. Surface we are rotating towards a more defensive bias. The food and beverage sector is the outperforming sector. These are attaching a bid once again. The car sector is down today. Those sectors have done really, really well over the last few sessions, as we have seen the risk on rally really get into gear. The german tenyear, a potential bid with two basis points, as you can see, on the move. We are down, that means bond prices are moving up. What we are seeing today is a move against some of the emergingmarket currencies. The ruble is on offer, the South African currency is on offer. You are seeing that around the world. These look a little flat, but actually i think it is probably a risk off five into the markets. Charles evans says that the u. S. Economy is in a good place. In an interview with to ....
Watching from asia. Welcome to bloomberg surveillance. You are just getting that decision from gorgeous norges, this is an interesting rate on how to set Interest Rates. A hawkish stance because of weakness in the national currency. But given the rest of the world is much more dovish and weaker President Trump putting pressure on the fed to cut, it is interesting if you are one of the lonely banks out there that wants to hike. Overall, european stocks are unchanged. , which gave sold much fear and anxiousness on the markets, currently stabilizing at 2. 01. Will have extra checks throughout the day and more on the inverted yield curve. Coming up, axis of conversation with Philipp Hildebrand, the blackrock vice chair. And exclusive conversation with Philipp Hilde ....