Annualized basis. Slightly less bad in the estimates. They do expect a contraction of more than 20 . Nonetheless, the nikkei up 2 . You looking at u. S. Jobless claims and payroll, adding urgency around stimulus in washington. The snp active futures in the u. S. Up 1 10 of 1 . The dollar still a big story in terms of the weakness. 6. 97 . Offshore at stronger data suggesting the economic recovery in China Remains on track your the bloomberg dollar index flat. This is what is happening with the dollaryen, flat essentially. The pound on a tear. Have a the boe that will meeting thursday and no action is expected. We will look at some of the commodities as well. 56,10 year yield below yelled at 55. Today we are expected to get details around a treasury in cash issuance and the economic recovery plans in the united states. Thats whats happening with oil at 43 a barrel, down 6 10 of 1 . Lets get to first word news with Karina Mitchell in new york. Karina global coronavirus cases have topped
To normal, tempered with if the but the president today chose yet again to hijack what is supposed to be a briefing from the task force. Yet again he hijacked it, this time with a brief excuse me, a briefing full of a very public diatribe in yet another attempt in a long line of attempts to rewrite what has widely been reported to be his late and incomplete response to the crisis, in part, which according to numbs number of times, the ban still allowed thousands to enter the and then the president called dr. Fauci to explain the comments yesterday with jake tap per. Heres what dr. Fauci said on sunday. Obviously you could logically say that if you had a process that was ongoing and you started mitigation earlier, you could have saved lives. I mean, obviously if we had right from the very beginning shut everything down, it may have been a little bit different. What he says is clear and is just a fact. He isnt attacking the president or the administration, its just a fact. Heres fauci to
The coronavirus outbreak. Well, it ended in a very different place. One that revolves around the president , his grievances, and the credit he believes he deserves but is not getting with more than 23,000 people in this country now dead, and many hundreds still dying every single day. Certainly, focus on the new effort of states to slowly get back to normal, tempered by the enormous challenges that remain and the deep wounds the country continue to suffer day in and day out. But the president continued to hijack what is supposed to be a briefing from the Coronavirus Task force. Yet again, he hijacks it with a brief excuse me a briefing with full of a very public diatribe. And, yet, another attempt in a long line of attempts to rewrite what is now widely reported to be his late and incomplete response to the crisis. In part, imposing a travel restriction on china, which according to the New York Times, still allowed 40,000 people to enter the country. It wasnt a ban. Shortly after the p