gaining stoxx 600 are 0.7%. trying to still digest moves from the fed at super tuesday. we are getting data out of the euro area. it is coming in instead of the 52.8 we were expecting. the euro-dollar is unchanged. lifts foring similar the s&p future. let s get straight to first word news in new york city. we begin with an update on the coronavirus. more than 50,000 people have recovered from the virus more been released from the hospital. the number of infections has risen. now, to the spring meetings of the international monetary fund. will use a virtual format instead of holding the conference in washington dc. the two organizations have said they are fully committed to maintaining the coram. japan is saying it could be possible to delay the summer olympics to later in the year amid concerns the coronavirus could cause the games to be canceled. late may is seen as the latest a decision could be made. is pressingapan ahead. experts from opec and its allies recommended deepe
let s get your global exchange, where we bring you today s market moving news from all around the world. from hong kong to munich to paris washington to sarasota, florida and new york, our bloomberg voices are on the ground with today s top stories. there are questions about transparency for china. rishaad salamat joins us from hong kong. walk us through some of the latest. now with63,000 cases the death toll up by 121, but the inconsistency in the numbers has led to a lot of questions. some of them are not being answered, and that has led to people thinking that this disease is not really going away at the moment. we had some optimism a couple of days ago, but that has receded somewhat. we ve also got bickering between washington and beijing. the u.s. saying they have been denied that. on a microeconomic level, we ve got companies such as fiat chrysler halting production in one of its plants in serbia. they can t get enough parts out of china. if you want to buy a barbie dol
the markets are clearly telling us that the markets are not pricing in the worst-case scenario when it comes to iran, or at least portfolio managers not. stoxx europe 600 gaining some 0.6%. on bloomberg surveillance, we will be speaking to the president of euler hermes, wilfried verstraete. that discussion is up very shortly. let s get straight to the blumberg first word news. in new york city, here s viviana hurtado. we begin with the first stage of the u.s.-china trade deal, set to be signed next week. china says its top negotiator is visiting washington, d.c. it is the latest move towards a détente. contradictory reports this morning are emerging about what caused the ukrainian boeing 737 to crash and iran. initially blaming a technical issue, then an engine fire. ukrainian embassy running out terrorism, but then it amended its statement to offer no comment on the cause. all those aboard the plane were killed in the crash. hong kong preparing a bold plan to boost its ec
time to for global exchange. we are going to bring you today s market we would news from all around the world. our bloomberg voices are on the ground with this morning s top stories. want to start in japan. prime ministers shinzo abe and i m sick stimulus measures to keep recession at bay. that package amount to around $239 billion. going to me on the phone from hong kong is enda curran. does this match expectations? what is the read in terms of growth? enda: slightly bigger than expectations, but nonetheless it is an important shift. there has been criticism for some time that the boj has put much run the course in terms of what it can do for japan s economy, so economists had been saying more had to be done on the fiscal side. this could help offset a recession. the economy has been hit by natural disasters, by weak exports, and there s a feeling that this money may endure beyond the 202011 picks in japan olympics the 2020 in japan next year. and fresh spending that is
looking at the european stoxx 600, some downward pressure. the focus is on the trade deal. it is a partial trade deal. will not round tariffs go into effect. a lot of focus on the chinese economy. the other big story is brexit. 125.66 is where we are seeing cable at the negotiations are ongoing. and there is a brexit summit as we like to call it with eu leaders in brussels on thursday. coming up on bloomberg surveillance we speak to the former fed governor. nobel also expecting the prize in economics to be announced later today. let us get straight to the bloomberg first word news from new york. says he ist trump ready to go with more tariffs on turkey. this comes after the u.s. withdrew troops from the north of the country but the move has pushed kurdish fighters into the arms of president assad. forces from the syrian government are returning to the northeast for the first time in years. and spain s top court sentenced cut elan separatists catalan separatists to 13 year