211,000 cases and 5400 deaths. It is Prime Minister Boris Johnson is facing a battle in the house of lords over his controversial plan to break International Law over brexit. Prime minister johnson has agreed to give the house of commons a veto over whether the government can exercise its proposed powers to override parts of the brexit agreement. He made a after meeting conservative mps who were threatening to rebel against him. The house of lords is expected to reject a bill by a large margin. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories from around the world we are following. Investors reacting to the feds signal it will leave rates near zero through at least 2023. Chairman powell striking a cauti
7. 0159. Hore yuan at lets get a check on the markets. Abigail doolittle has the details. Abigail certainly a risk on day at the markets. The s p, the fifth day in a row for the winning streak. The optimism carrying right into the new week after some strong economic data. Of course, we have that continuing rally in china. 100 set for its third record close in a row, being helped out by amazon. And above 3000 for the First Time Ever for amazon. Has a 1 trillion market cap once again. Olibre is above 1000 for the first time. Nasdaq a member of the composite and nasdaq 100. Speaking of these records, its incredible. If we look at a chart on the march lows, the nasdaq is now up more than 51 . Did not exist in the Great Depression, but some say the rally for the s p 500 is Great Depression like after its huge drop. Only time will tell. It seems some of the folks that have been reluctant are finally joining in. These are member ranked returns. Money markets had reached a high of 4. 8 trillio
Frances finance ministers as a compromise is close, though president Emmanuel Macron has pushed ahead with his overhaul plans. In pro football, the Dallas Cowboys are hiring Mike Mccarthy to be their new coach, according to the Associated Press. Mccarthy won a super bowl with green bay and took the packers to the playoffs nine times in 13 years. Mccarthy will replace jason garrett, whose contract was not renewed after nine years of the head coach as the head coach of the cowboys. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 in new york, 6 00 in london, 2 00 in hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world that we are following. Rising tension between the middle east and the u. S. President trump threatening sanctions a
They go south and what do we really do . This is bloomberg surveillance with jonathan ferro, Lisa Abramowicz and annmarie hordern. Jonathan bramo got so bored with this market that she took the next two days off. Yesterday, 5187 in this equity market going absolutely nowhere. Dani burger is in the hot see this morning, good morning to you all. Amh is down in washington dc and we have a lot to talk about starting with central bank decisions. Some might say the global easing cycle is underway. First out of the gate is the s b bank than the ecb. Dani you brought the fake britt joining the real britt. The swiss and the sweetest have already shown as theres a willingness to not just go before the fed but before the ecb. The concern is currency weakness. Deutsche bank says actually the sterling will move less than it has the past decade and the rate sensitivity is not as big as it used to be. Jonathan sterling is 1. 24 and that decision is about 15 minutes away. Dollaryen 1. 55. The yen has
Be nauseated by the companies that have already reported with the sole exception of tech, which is once between getting a pass. We could have more days like today where the dow lost 174 points, s p tumbled. 62 , nasdaq shed. 63 . It was much uglier at one point during the day. What makes me so sure earnings season could actually be so difficult . I think its because were rooting for lower inflation and less wage growth. But so far we just arent getting that scenario. Oh, yeah, we had a onetwo punch today of a hotter than expected Consumer Price index coupled with a Government Bond auction of 30year treasuries that fell flat. Causing the bond market to get crushed while the yields soared. What the heck is the government even doing offering a 30year treasury right now . They know nothing its the birkenstock of bonds. To reference an ipo that smelled like dirty feet. Pricing 46 bucks just before falling to 37 and change after the first two days of trading. Another day like today and it wi