Transition naming a longtime democratic confidant as chief of staff. And the wait is officer as tas over as the masters tees off. This is worldwide exchange. Im all right be in worry about me, you got to give me a fight good morning, everybody, from wherever in the world did you may be watchings did you get the golf caddy shack reference there . I know it is early lets tee it right up and get to a check on the markets and your money. Futures are mixed, but they are turning around at this hour, you mostly get the overnight trade, but nasdaq futures did just turn in the green. No new records yesterday, the dow do do dow down you a bit on wednesday. Did that break the new record high but it was a big day in many ways otherwise and maybe a big sigh of relief for many tech investors as the nasdaq bounced back after a tough beginning to the week. Big gains on stocks that also had a tough start to the week. I just combined apple and amazon well call it amle here we go zoom, decrease could yoc
Surveillance. Im Francine Lacqua in london. This is what your markets are looking at. Markets looking at the Credit Suisse spying probe escalated by the regulator, partially looking at that news. European stocks opened pretty strongly higher. The euro falling, futures advancing. We are getting data on jobs and the economy. If you look at the adp employment report, it may signal that the pace of employment in the private sector may be bouncing back. Coming up, despite a bumper month for many stock markets, 50 of new money has flowed into fixed income. You can hear more about that on our new weekly show etf iq europe, that starts in about 30 minutes from now. Thes get straight to bloomberg first word news with leighann gerrans. The u. S. Economy needs new theulus to rebound from Coronavirus Crisis according to treasury secretary steven mnuchin. He started a conversation with House Speaker nancy pelosi amid negotiations on a relief plan, but he stopped short of offering a fresh proposal t
A big question about Political Risk heading into november. Francine we will have plenty more on u. S. Politics. We start with Leslie Vinjamuri shortly. Lets start with first word news with ritika gupta. Ritika joe biden is counting on thela harriss ties to Africanamerican Community and herself branding as a prosecutor. As a progressive prosecutor. She is the first black woman in the first asianamerican on a major Party President ial ticket. Before being elected to the senate, she was californias attorney general. Upcoming trade talks with the u. S. , bloomberg has learned to chant that chinese will bring up President Trumps second ban on the two apps, wechat and tiktok. In hong kong, media tycoon jimmy lai has been released from jail after being arrested monday, the most prominent figure detained yet under chinas sweeping new National Security law. It is seen as a sign of how hong kongs independent Justice System is being undermined. The apple daily is critical of chinas communist part
You are watching cnbc. Welcome to the show live at cnbc global headquarters. Lets get right to how your money and markets are setting your day up. Stock futures pointing to positivity at the opening bell if these futures hold. S p up by about 15 and nasdaq up by about 81. S p down about 485 points yesterday. Some are selling the safety of bonds. Twoyear just below. 20 and 10year. 65 checking the price of oil. You can see slight positivity. Wti crude back above 20 a barrel crude up a similar amount. This is as a new report that suggests Trump Administration is weighing a plan to pay u. S. Drillers to keep oil in the ground amid that big back stock there is going to matt in singapore a mostly weaker session for the asia markets investors waiting to see the jobless claims weve got a fairly large piece of Economic Data here in the form of chinas q1 gdp china market did manage to hold up with a very small gain. The shanghai composite holding with a third of one percent. Holding on to hear t
We have seen action from the pboc already. They have cut their mlf rate. We are also headed towards the loan prime rate announcement this thursday. All eyes on what the easing measures could look like. Lets look at the Market Action now with sarah ponczek. Sarah it is a mixed picture across the asiapacific region, but it is really just tip japan after the weaker than expected gdp, donna bowen. 7 but well off lows of the session. At one point the nikkei was down 1. 5 . Making its way back to positive territory but still seeing steep declines. Mainland stocks and hong kong stocks continuing to see upside after strong returns last week. Now making up all the postLunar New Year losses. And hong kong hang seng up. 6 . U. S. Futures extending gains after closing at a record on friday. But remember, u. S. Markets will be closed for the president s day holiday on monday. One index i want to show you is the ms ci all country world index, one that houses emerging and developed market stocks. Giv