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Gaining stoxx 600 are 0. 7 . Trying to still digest moves from the fed at super tuesday. We are getting data out of the euro area. It is coming in instead of the 52. 8 we were expecting. The eurodollar is unchanged. Lifts foring similar the s p future. Lets get straight to first word news in new york city. We begin with an update on the coronavirus. More than 50,000 people have recovered from the virus more been released from the hospital. The number of infections has risen. Now, to the spring meetings of the International Monetary fund. Will use a virtual format instead of holding the conference in washington dc. The two organizations have said they are fully committed to maintaining the coram. Japan is saying it could be possible to delay the summer olympics to later in the year amid concerns the coronavirus could cause the games to be canceled. Late may is seen as the latest a decision could be made. Is pressingapan ahe ....
Definitely running away from risky assets on virus fears over the weekend. We have a number of cases initially climbing, putting extra pressure on the ftse made. Mib. Down 4 . Travel and leisure down significantly so the fact the epicenter has moved from china, korea, and some of the asian economies in europe, it is freaking out investors, saying the spread may come to europe. But, two. 3 higher, 1682, outside to quality italia and markets. Italian sovereign bonds, dropping quite a lot as italy is the epicenter for the coronavirus in europe. Plenty more on that throughout the day but lets get to first word news in new york city with Viviana Hurtado. Viviana President Donald Trump in india. Moments ago, he said he is countries can reach a great trade deal, as he announced they are to sign a deal worth 3 billion in military sales. It also comes during his official stat ....
Many expect to more in the first half of the year. Time now for global exchange. We are going to bring your todays market moving news from all around the world. From hong kong to new york to washington, or bloomberg voices are on the ground with this mornings top stories. Coronavirus cases around the world are over 93,000. Joining me now is yvonne man, and with some data to go with it that is not so supportive. Yvonne right. South korea now topping 5600 cases. The government there now seeking 9. 1 billion to help businesses. We have seen surging cases in italy and iran. Rate for this is now at 3. 4 . We also saw in the u. S. , reporting its ninth death, and china, more signs of containment. We saw the number of total cases have topped 80,000. We also learned of 15,000 that dischargedred and from the hospital. China come of the total death toll now at 2981. We saw car sales out of Mainland China falling a record 80 as this virus ke ....
Gianna. Good morning. Reports of a new accident on 101 as you work your way southbound coming out of the San Francisco. A heads up if you plan to take 101. You might see brakes lights. Another south of there. South 101 at holly street. Still activity to the right shoulder but no lanes are blocked. Northbound through the area traffic is moving nicely in both directions. Earlier road work we lad our on eye is clearing just a bit. Things edge provening. A little slowing on the westbound 80 commute into San Francisco. Give yourself a few extra minutes there. It is slow and go. Lots of brake lights off tracy into the altamont pass. Lets start with up to the minute results in the democratic president ial race here in california. They are calling Bernie Sanders the winner with 93 of the vote counted. Sanders is at 33 . Joe biden ....
The outbreak has risen to 130. And g20 finance ministers and central bankers brace for the economic fallout. Lets take a look at the markets. We had u. S. Markets closing. Eaker on friday we have new zealand trading at the moment. Its looking weaker at the moment by two thirds of 1 . Half income declining to 185. 8 million. The yen is gaining a little bit of strength against the greenback over the past 24 hours. But the u. S. Dollar is still looking pretty strong. The World Health Organization says no new countries reported of the coronavirus. We have yvonne man in hong kong covering this story for us. South korea was among the nations performing during the search. What is the focus . , it seems that the focus is to prevent a Global Pandemic outside of china. To six. H toll rising total cases topping 600. As you mentioned a 20 fold increase in five days and half o ....