Ahead of students returning to school. At the white house, President Trump released the names of 20 individuals he would consider nominated to the Supreme Court consider nominating to the Supreme Court in the event of a vacancy. He also responded to reports that he intentionally downplayed the coronavirus threat while being interviewed for an upcoming book by bob woodward. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2020] pres. Trump thank you very much. My fellow americans, the nomination of a Supreme Court justice is the most important decision an american president can make. Candidates for president of the American People a specific list of individuals they consider for the United States Supreme Court. Four years ago i announced my first list of highly qualified candidates and promised to fill Justice Scalias vacancy from among those names.
Testing kits that could be coming to the u. S. And potentially could stop the spread of the virus. China pmi is driving the charge here today in asia, that beat on manufacturing and nonmanufacturing. We will see if the vshaped recovery can actually sustain itself. Money coming out of the yen, the british pound and the euro as well. Wti brent as well taking a breather here today after falling to an 18 year low. Chinas Manufacturing Activity rebounded strongly in march, signaling the economy is demand. Ng amid external tom, what are the Key Takeaways . Of readings much higher than estimates, and smashing the numbers we got in february. Record lows for manufacturing back in february. Compared tombers when it comes to manufacturing pmi, one of the major components has rebounded. That is something to bear in mind. When it comes to the export oriented components, contractions in terms of things like new export orders. We can talk about the additional pressures more in terms of Global Economy
Shery theyre watching daybreak asia coming to you live from new york, sydney and hong kong. Annabelle counting down to asias major market open. Paul a risk off move as fears of further rate hike go further south for u. S. Stocks and bonds in the intervention alerts zone as we wait for japan cpi numbers. Beijing is said to tell state owned banks to step up in the pboc also chiming in to stop yuans slide. Goldman sachs planning a hiring spree to address regulatory concerns from authorities, including the fed. Shery u. S. Futures extending the declines we saw on the new york session were u. S. Stocks were down for a third consecutive session. Tech giants leading the decline the likes of microsoft, apple were down today. We have pessimism over the chinese economy, but it was really about the concerns that the fed would tighten policy. We had more data today showing the labor market remained resilient with those jobless claims. We had most treasury yields higher. Talking about the 10 year y
Youre watching daybreak. Asia coming to you live from new york, sydney and hong kong. Were counting down to asias major market opens the top stories this hour. Asian stocks set to follow wall street lower as strong us retail sales signal rates may be higher for longer. Dollar strength sinking apac currencies to this years low decision day for the reserve bank of new zealand. With cooler inflation and higher unemployment supporting another hold. Plus, china said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Lets take a look at us. Futures now down. The stock market had kind of a tough day today. Were seeing now some green on the screen. However, just basically still pretty much unchanged. And in fact, the the feeling here was that retail sales in the us stronger than expected. Why wasnt that good for stocks . Because Neel Kashkari, part of it at least, president minneapolis fed says he doesnt think t
Very very very modestly on monday in a fashion dynamic of course the wall street session of the night it was wait and see a trade is looking testimony coming up later this week got you a skilled place in the direction for the fate of course but also in japan look of cool Consumer Prices patoka this is the leading indicated that rising 2. 5 on the shop acceleration thanks coming into that because we had peace from last look than we did actually do moments not considering calling the view from the economist to is that the boj ship balancing a blend of economic thing comes through the point of the equity in a little bit on continuing to hold around the 150 mark to what we think a career in the side of trade because we have the kospi just coming online here again a little the Fourth Quarter gdp figures the ancient to to. 2 on the. 6 of court a little bit of weakness that equity space is one of really try to take latest lessons from japan culprit governments are forming one of the fact is t