Treasury market. Unbelievable moves. Commodities just keep getting crushed. Crude is at 40 have dollars. Time not is at 45. Tom never global exchange. Our bloomberg voices are on the ground with this mornings top stories. In asia, new cases of the coronavirus continue to appear outside of china. New zealand and lithuania have reported their first infections. And cases anda, south korea have gone to over 2000. Joining me is stephen engle. That is the case outside of china. Theresns that if 83,000 globally, thats more than 4000 outside of china. Chinas rate of new infections has been slowing down. New cases since yesterday, but south korea nearly doubled that in one day. They reported another batch of new numbers on top of the numbers this morning. They added 571 cases from yesterday. That means they have more than 2100 cases and climbing. Japan also climbing towards 1000 confirmed cases, 931 if you 700 from the cruise ship off yokohama. Tokaido has declared a state of emergency the day
Uncertainty. Coming in below estimates. Oil making a move higher for a change today, snapping a fiveweek losing streak, turning in one of the best weeks of the year nanny taylor is here welcome to ladies hour here. Girl power. You say tech is the key do you mean fang or something broader . I mean something broader than that we started to see the Economic Data ticking up, yet local p miismt its mi is moving up, small by, Chinese Consumer precoronavirus. So we have to see what is going to be the impact, farreaching impact i think thats good for stocks so i think stocks are less risky. So were looking at tech as if it doesnt work, nothing works right now the total confirmed cases are topping 64,000, the total death toll is nearly 1400. In the u. S. There are 15 confirmed cases with eight of them in california Many Companies are continuing to speak out about the impact the virus is having on their bottom lines. Today british drug Maker Astrazeneca reported quarterly results, warnings a hit
Ed you are watching daybreak asia live from new york sydney and hong kong. Haidi counting down to asias major market opens. Paul u. S. Inflation signals complicate the fed outlook. Penciling in a first rate cut by mid 2024. Sx traders are back on the yen intervention watch. Country garden to suspend trading for monday in almost a dozen onshore bonds. Softbank reportedly in talks to buy the rest of chip designer arm from its own vision fund. Shery u. S. Futures early in the Asian Session seeing upside after the s p 500 struggled for direction in the friday session. It finished at a onemonth low. Really after fluctuations between gains and losses, big tech led the declines. We had the nasdaq 100 seeing the longest losing streak on a weekly basis this year. Big tech pressured the markets, not to mention investors were really trying to digest Inflation Numbers, whether it is Consumer Inflation Expectations unexpectedly falling. Producer prices surprising to the upside pressured the treasur
This is making money. Breaking right now the theme for the second half of 2020 is on Second Thought. Thats right. Lots of adjustments but very few on the street are actually changing their minds. Theyre changing numbers but not their minds but still this market is powering head. We have Liz Ann Sonders the best place to be right now. Victoria fernandez being bearish soft landing is filling to the brim. Brian wesbury sounds off. What mapped to the recession . Busy earnings season Danielle Shay this has different flavor, more carb sure approach to the stocks you still want to own. Sam bankmanfried brother wanted to buy a sovereign nation for doomsday. The survivors would be a select few. Effective altruism what i really think it is about. All that and more on making money. E. Charles so the theme for todays show is second half 2020, 2023 rather, on Second Thought . I mean take a look at this. This is the Financial Advisors bullbear ratio. You can see very, very bearish. It is rocketing h
This is making money. Breaking right now the theme for the second half of 2020 is on Second Thought. Thats right. Lots of adjustments but very few on the street are actually changing their minds. Theyre changing numbers but not their minds but still this market is powering head. We have Liz Ann Sonders the best place to be right now. Victoria fernandez being bearish soft landing is filling to the brim. Brian wesbury sounds off. What mapped to the recession . Busy earnings season Danielle Shay this has different flavor, more carb sure approach to the stocks you still want to own. Sam bankmanfried brother wanted to buy a sovereign nation for doomsday. The survivors would be a select few. Effective altruism what i really think it is about. All that and more on making money. E. Charles so the theme for todays show is second half 2020, 2023 rather, on Second Thought . I mean take a look at this. This is the Financial Advisors bullbear ratio. You can see very, very bearish. It is rocketing h