Authorities warned against reopening too quickly. Sending a message to facebook. More advertisers cut spending. Anchor asian markets are setting up. Virus cases continue to accelerate, not just in the u. S. But closer to home. Lets go over for a look. I am looking at the numbers, it looks like a trading week. That backdrop, futures are pointing lower this monday ahead of hancocks anniversary. Trade data do from the city this monday. Morning, thehis economic fallout from the virus, higher jobless reports. We have a downside picture across asia. Checking in on commodities, lets check in on oil. Losing ground. Near a 2012ing high. Higher prices expected. Australia does see gold expert warnings hitting a record 22 billion in 2020 through 2021, before easing in 2022. We have to big picture that good gold could top 1800 an ounce. Global virus has hit grim milestones. Cases in tokyo rose by a daily record. Japan had lifted a state of emergency last month. In the u. S. , governors are struggli
Vote on its third Bailout Program with a number of members expected to reject the package. This as Alexis Tsipras concedes European Partners got the better of him. Sales in hong kong slump but the Fashion Group says its still pursuing growth opportunities. Coming up on todays show mickey goes to shanghai. The exclusive from the companys ceo. Twitter spares spike on a fake report of a takeover bid but has this happened one time too many . And donald comes up trump. The extravagant real estate mogul leading the gop field despite weeks of controversy. All the details later in todays show. Lets kick off with china. Retail sales, industrial output and fixed Asset Investment all beating forecast. Data came in at 7 . Thats higher than analysts were expecting. The worlds second largest economy is now on track to hit the 2015 growth target. Fancy that. Interestingly they were quick to jump to the defense of the data saying the figures were not inflated and the improvement was hard one. Its real
Up to these electrical wires. So one statement might say guns should be allowed in school and some of the republicans, yes, and some of the democrats, no. Another statement said that roe v. Wade should be settled law, that kind of thing and they watched the center of the brain to see what activity had been activated. One amazing outcome of the study was that part sops on the left and right actually have brain and this was amazing outcome of the study but the second major outcome was in looking at the centers of the brain that are lit up when we look at the statements and lo and behold the centerses were not the centers of reason, it was the centers of em ohing which makes sense. I implore you to breath through your emotions or what i would like to try to do is look at policies from the poised view of outcomes. If a policy is intended to protect jobs, no matter how that policy may feel, the way we evaluate the policy is working is whether it protects jobs. Thats what i want to get to. I
Lets check on the markets for you. Two hours and 30 minutes away from the market opening in new york and futures are a little bit softer. The s p 500 futures are negative five. Over in europe, the stoxx 600 getting beaten up this week coul. The ftse off by 8 10 of 1 . Heres the dollar ahead of payrolls. The eurodollar 11426. The dollar on the back foot they re. A forecast for low inflation down under. Yields are creeping a little bit lower, down a basis point at 1. 4 for the 10 year. Big moves in the bond market, matt. Matt that is one of the stories we will be focused on throughout the hour. I also want to kick off my stock move percent with what is i goig on in europe. Another loss that was 42 narrower than the same quarter last year. A secondhalf rally as steel prices improved. Man group is the Worlds Largest publicly traded hedge fund. Bywas moved from a cell to a off of Hedge Fund Fee structures. Paschi took fewer bad loan writeoffs as they are up, but it is a penny stock for real
Thinking of some of you might be in retail or restaurant saint unemployment is 5 do i need to theres a halfmillion people up there that say they want to job but maybe have looked maybe i can tap into that the new be willing to take the 10 and our job as opposed to me having to go to 11 i can get the worker from the restaurant next door. Steve is calling from texas. I steve. I started working in 72. I worked for over 20 years before i ever had to file for unemployment. That was a nearly 90s. I will work probably another 10 years after that before i had to get into unemployment again. Why calling in and out or anything but when these construction on the boilermaker. The Union Boilermaker that. Is a war on ial think the war on anyone that does work for a living and these numbers i think they need out of four of five and that five. So many people are so discouraged. Hearing crockett theres a pipeline. The come in in great jobs. Thats 600 employees of their own. Its a small town theres no i