Good morning, everyone. This is bloomberg surveillance. I am francine la am francine lan london. We have to get to the news for not only eg markets but corporate rates announcing changes, also something that may help with the sickness when it comes to covid19. U. S. Equity futures also higher. Are looking ats coronavirus cases and focusing on monetary stimulus as well. One thing i want to show you is thatorth korean yuan, currency is no longer trading, but we did see a lot of withility this morning, crude oil mapping gains. We will have look at the markets, but first, lets get to the bloomberg first word news in london with dani burger. Hi, danani burger. Hi, dani. Dani good morning, francine. The u. S. Economy has a way to go, according to chairman jay powell. The economy is likely to see a period of significant improvement, but it will probably leave the labor market well short of levels seen before the pandemic. Chair powell the first days of the shutdown, and we have seen what that
Restaurants in its lee are reopening ahead of plan and dates the big part of tourism in kenya how coronavirus is affecting its Wildlife Reserve just. Thank you very much for joining us we begin with some breaking news this hour and a jewish settler has been found guilty of a 2015 arson attack which killed a palestinian toddler and his parents the family were killed after the man fire bombed their home in the village of duma so this is a landmark decision in a case which has become a test of Israeli Security forces treatment of jews and palestinians lets go straight to our correspondent Harry Fawcett at the court in law and israel so a guilty verdict an important decision remind us for us harry how we got to this point today. For us this was one of the most controversial cases of any sort of jewish attacks on palestinians or something that took place in july 25th dream followed a tribe by shooting of a jewish man the prosecutions case was always that these 2 young men one was a minor on
The week. Opec and its allies will meet thursday to discuss a new plan. The virus has farreaching implications for businesses. A new study says global trade may be cut by one third, more than what was seen during the financial crisis. Shery lets get you started with a quick check of how markets ended in the u. S. We are seeing u. S. Stocks again pushing into bullish territory after failing to do so in the last session. U. S. Stocks now gaining more than 20 over the march 23 low. Every sector in the s p 500 was in the gleam green, led higher by Energy Stocks. Dow gained more than 3 . U. S. Futures unchanged. Nasdaq gained 2. 6 in the regular session. Take a look at what oil is doing, because we saw it rebound from the weakest level since the start of the month. It spiked a few minutes before the close, after the opec plus meeting will discuss and output cut of 10 Million Barrels per day. At the moment continuing to add to the gains, up 4. 6 . Just breaking on the bloomberg, a saudi arab
Specially the way it has been shifting during the last 3 years. They know that. Has told them so many lies about whats going on in the region in the middle east in syria in yemen. They know theyre there. But they know what the truth so i think its time to talk about this truth 3rd i mean so many interviews with the media. They dont try to get the information they try to get the scoop. They dont try to object have to do to bring the audience whats happening in the world thats why i stopped doing interviews for 4 youth well look it will be a journey from damascus to reconstruction but how many civilians how many soldiers have been killed wounded. Or displaced from your country. Just 20 level. That you so during the last 24 hours in damascus you see you arrive to to damascus is the result of the sacrifice of more than 100000 syrian soldiers who are martyred whole war and so many lives of course its along the 1000 or maybe tens of thousands of civilians or innocence whove been killed by mo
Has told them so many lies about whats going on in the region in the middle east in syria in yemen. They know there. But they know what the truth so i think its time to talk about this truth 3rd i mean so many interviews with the Media Outlets they dont try to get the information they try to get the scoop. They dont try to object have to do to bring the audience whats happening in the world thats why i stopped doing interviews for 4 youth will look it will be a journey from damascus to reconstruction but how many civilians how many soldiers have been killed wounded. Or displaced from your country in the. Level. That you so during the last 24 hours in damascus you see you arrive to to damascus is the result of the sacrifice of more than 100000 syrian soldiers who are martyred whole war and so many lives of course its long the 1000 or maybe tens of thousands of civilians or innocence whove been killed by mortars by excused by being. Kidnapped and killed later or disappeared we their fami