Added to studying the feasibility of a megamerger. Of helping understate a pay packet of carlos ghosn. We had a wave of dealmaking creating positive sentiment. We had a rebound from last week, one of the worst weeks for u. S. Stocks since march. Tech stocks taking a breather from the selloff. Asset futures trading modestly. Watchl continue to trading when it comes to japan. Potential takeover for Prime Minister the middle of next week, futures are looking flat after the yen starts to gain in the monday session. We will watch for details about the cabinet and what it means for policy continuity playing in two sentiment for the japanese markets. Dollaryen holding steady. Modest dollar weakness overnight. That is set to continue. At 37. 40. Trading opec joining a chorus of voices suggesting the era of oil demand is deteriorating. Demand forecast for each quarter as we continue to see shortselling in the oil market. To a series ofrn deals we have seen. Oracle is bidding for tiktok u. S. Op
Day. Thet issues and trade, ongoing battle between the u. S. And potential cyber warfare. Here in california. A lot of people commute. It is a feeling our colleagues in asia have been living with for weeks. How are markets opening up over there . Paul some unambiguous signals. New zealand has been open for an 2. 5 , aready off by move down of similar magnitude for futures in australia. 4. 5 , theures are off kospi weaker as well. We continue to see strength in the japanese yen. A lot of data coming out of japan today, retail sales, tokyo cpi, both of those contracting, even before the coronavirus outbreak. Take a look at the yields, big move down. Of at a fresh record low. 83. Global stocks plunging to fourmonth lows, u. S. Equities falling the most since august 2011 as anxiety over the coronavirus deepens. Lets get to Abigail Doolittle in new york. A lot of red. And id be on the close. Averages all down more than 4 , there was a rebound rally attempt. Turned briefly higher, but that i
Slowdown in sales. U. K. As shocker in the prince harry and Meghan Markle make a surprise announcement will be stepping back from the royal duties and spending more time in north america. First, our top story, live from paris. We will start in france, where the country is gearing up for another mass day of protests. This time, unions are calling workers from all sectors to take to the streets in anger for government plans for pension reform. This comes as france is in day 36 of nationwide transport strikes. Andrew hillier is covering the protest from the train station in southern paris. Andrew, unions and the government today are having this facetoface again as the unions are hoping that all of these people will turn out, these protests do to get underway in about half an hour. Is there any indication yet on how big that turnout is going to be . Just behind us here, we just found several dozen protesters making their way to join that protest. They were carrying flags belonging to the c
Hour. Manus warm welcome to daybreak europe. The recommendation for shareholders. Quite a discussion. The board proposes no diffidence for the past fiscal year, so they are promoting the current offer, saying no diffidence for the current year. Ebitda. It is all about oil where i am on the ground. The ceo last night talking to me about volatility in the oil markets. He would not give me a price. 15 is the range. Sub 60. Pec, the call from morgan stanley. We have got the indian oil ministry. One of the biggest buyers of crude from this region. It is the air, it is not good. Nejra when you talk about oil, the line to be drawn for the trade war is clear. He might talk about sub 50 oil. Let me get the deutsche numbers here. They are saying the guidance for 2019 and 2020 is confirmed. The ebit guidance is reaffirmed. The context, the last earnings, the forecast with 5 billion in ebit for 2020. Then what we heard was basically the target. Post what, when deutsche said that in october, a slow
Downgrading most advanced economies. You can see right there, these numbers 3 for the world, 2. 4 for the u. S. , 1. 2 for your area, 6. 1 for china. These are all down you see there from the prior forecast and also mostly except for japan down from last year. The imf saying in its report, Downside Risks elevated. Brexit related risk to hinder confidence and growth. Theyre down on this trade issue. Very quickly, they do see something of a moderation next here in 2020 we go back up to 3. 4 it isnt the advanced economies this get there theyre looking for a turn around in emerging markets and developing countries four things the imf notes needs to be done theyre saying International Response may be needed if things get worse from here. They say Monetary Policy cannot do it all. There is a financial risk created from low Interest Rates there. Fiscal measures to help with the slowdown along with structural reforms. Carl that is big news, steve were going to dissect a lot of that with the ea