Why are we greedy. We go in search of answers in the documentary film. Start to make you see w. How will cope with 19 redefined what the European Union is all about how everyone for france 24 on false what began paris and im melinda crane for dutch of ella in berlin in the European Union health care has always been handled at the National Level so as the corona pandemic swept the continent it was nation states that were calling the shots even between close e. U. Neighbors the borders were closed crucial medical exports were stopped and solidarity was looking pretty illusory but that is now changing with french patients for example being treated in german hospitals and melinda with a crisis that were 2 months into which shows some are calling the biggest test for this continent since world war 2 a lot of questions Going Forward the french president calling it a moment of truth ahead of thursdays Virtual Summit there are those that are eyeing dick de confinements. And then other nations
29. 89. Areie in the u. S. We getting a bounce because fundamentals have not been in sync for a long time. The s p 500 looking to finish the week higher. Points, well above the 2200 mark right now. Energy companys with a better week for crude. Up to. 5 . We are back down to 64 basis points on the 10 year. The jolt we got from the quarterly refunding announcements seems to be pricing itself out of the market. We will see about options next week and what that does to volatility in treasuries. The dollar index showing weakness today, at 99. 48, to the benefit of the likes of sterling. As you mentioned, 1. 2452 right now. Guy . Guy lets get back to the payrolls number. Larry kudlow speaking to jon ferro on bloomberg earlier on, trying to frame the april jobs anort after employers cut unprecedented 25 million jobs, triple the Unemployment Rate to nearly 15 . Larry this jobs report today is full of heartbreak, is full of hardship. I believe that it will prove to be temporary. The second half
The show. Oil finding some support from markets as we still get earnings coming out. Fiat chrysler withdrawing its full year 20 guidance. They plan to restart production as conditions allow. About 100djusted ebit million euros. Nonetheless, continuing to see withdrawn guidance. Really hard to make a decision as a Portfolio Manager when you dont know what the outlook is going to be. It is time now for todays market moving news from our brussels and new york teams. We want to begin in europe, where germanys top judges gave the ecb a threemonth ultimatum to fix qe. The court ruled that some aspects of its Asset Purchase Program arent backed by eu treaties. Going to brussels is maria tadeo. What does it actually mean, and have we seen any response from the eu on this . Maria it is a bombshell, really. The judges are basically saying overall, there is no monetary financing, which would be illegal, but some aspects of qe are unjustified, and not backed up by european treaties, which means th
Industrials up 225 points, about 1 , s p is up 26 and nasdaq future higher by 84. Markets are erasing early losses yesterday as more states announcing reopening plans. Earning season rolling on this morning. After the bell, attention to disney as theme parks remain close. Investors watching Video Companies tonight. The virus taking a toll on business for sure. Golds gym latest to file for bankruptcy protection, list of bankruptcies coming up. Growing concerns over shortages of meat, cosco and other grocery chains limiting purchases now and pay to go social distance . Frontier air to charge extra for passengers who want to sit next to empty middle seat, mornings with maria live right now. Maria Global Markets this morning, green across the board. The cac quarante is up 79 and dax index higher by 174 points. Germany Central Bank President warning that quick economic bounceback in europe is unlikely. The markets nonetheless trading up. In asia overnight markets in japan and china and sout
Redefine what the European Union is all about hello everyone for france 24 on false hope to god in paris and im melinda crane for dutch of ella in berlin in the European Union health care has always been handled at the National Level so as the corona pandemic swept the continent it was nation states that were calling the shots even between close e. U. Neighbors borders were closed crucial medical exports were stopped and solidarity was looking pretty illusory but that is now changing with french patients for example being treated in german hospitals yeah and millions out with a crisis that were 2 months into which shows some are calling the biggest test for this continent since world war 2 a lot of questions Going Forward the french president and you and michael calling it a moment of truth ahead of thursdays Virtual Summit there are those that are eyeing dick de confinement and then other nations that are doubling down what common response can france and germany often dubbed the motor