Remain independent. Economy ts, the global takes precedence over the geopolitical tensions between the u. S. And china. The price of the bailout. Brussels set its criteria for backing the state aid pac package from berlin. We are just under an hour away from the start of cac equity trading in europe. Ets take a look at where the u. K. Markets were closed yesterday. They didnt get that take part in the risk on rally that we saw across the continent. We also see u. S. Equity futures rising. U. S. Cash trade was also closed yesterday to honor the memorial day holiday. As a result we see futures in new york up about 2 on the dow and nasdaq futures as well as s p futures up 1. 8 right now. Lets get your first word news. Here are todays top stories from the bloomberg terminal. Once a virus hot spot in europe, italy reported the fewest cases since february. Below 100 for a second day. The global death toll tops 340,000 with 5. 5 million cases confirmed. In england, Outdoor Markets and car sho
Loses another vote on an early election. And citigroup warns over trading revenue in the Third Quarter as the bank of america exec it if says his traders are doing ok. How is Morgan Stanley holding up . We speak with the ceo later today. Welcome to daybreak europe. I have three words for you. Need for adjustment. That is the tone coming from the germans. And it was the bone that whacked the bond tail. Interesting to see the global picture around bond markets being transformed by the trade narrative last week and also the hawkish talk we are getting from the ecb. Particularly northern europeans. Yes. Big move on 10 year notes over the past four days. 19 basis points. Guest post andr get a Quick Response in terms of what he thinks. Just having some difficulty hearing you. Lets turn our attention to the germans. I mentioned those three little words. Germany plans to run a balanced budget and it could be viewed as a case of an economic slump. Letterng to a finance obtained by bloomberg. So
The committee on health, education, labor and pensions will come to order. Senator murray has an important meeting right now and she has asked me to proceed with the hearing because we have six excellent witnesses and we want to make sure that we hear from each of you, and we want the senators to have a chance to ask questions of each of you. So patty should arrive about 10 00. When she comes, why, well interrupt and let her make her Opening Statement and then we will resume the hearing. Good morning, senator murphy. Nearly a year ago dr. Brent james from the National Academies testified before our Senate Health committee with a startling statistic. Up to onehalf of what the American People spend on Health Care May be unnecessary. Let me repeat that. Up to half of the 3. 5 trillion the United States collectively spent on health care in 2017 was unnecessary according to dr. James, and many of the other witnesses at our hearings agreed with that. Thats 1. 8 trillion, three times as much
Reagan institute. Ladies and gentlemen, please welcome to the stage director of the Ronald Reagan institute, mr. Roger zakheim. [applause] mr. Zakheim i appreciate it. Good morning, everybody. Thank you for joining us today at the Ronald Reagan institute. Which as those in the room no, carries on the legacy of our nations 40th president here in washington, d. C. As mentioned i am roger zakheim, director of the institute. And we are excited to host this event as part of our center for peace through strength, National Security innovationbased programs. In collaboration with congressman Brad Wenstrup and the House Permanent Select Committee on intelligence for their really consequential series, beyond the skiff. And for those who are not aware of this series, what it means is you get to interact with the members of congress that never see sunlight outside our nations capital. Not that there is much sunshine today. But in reagan country is always sunny, so we will bring some into this disc
Reagan institute. Ladies and gentlemen, please welcome to the stage director of the Ronald Reagan institute, mr. Roger zakheim. [applause] mr. Zakheim i appreciate it. Good morning, everybody. Thank you for joining us today at the Ronald Reagan institute. Which as those in the room no, carries on the legacy of our nations 40th president here in washington, d. C. As mentioned i am roger zakheim, director of the institute. And we are excited to host this event as part of our center for peace through strength, National Security innovationbased programs. In collaboration with congressman Brad Wenstrup and the House Permanent Select Committee on intelligence for their really consequential series, beyond the skiff. And for those who are not aware of this series, what it means is you get to interact with the members of congress that never see sunlight outside our nations capital. Not that there is much sunshine today. But in reagan country is always sunny, so we will bring some into this disc