Jerky market from the premarket to now any trends youre picking up i wouldnt say trends that last too long. I think this kind of choppiness, a little bit of aftershock navigation is what were trying to deal with right here. I do think it shows you what happens in these tightly compressed markets like oil when you have a hint of something oou, you know, going the other direction and you will get this exaggerated pop. Were in the zone in a less extreme way with equities too. Right now today weve traded within yesterdays range so even though it seems like weve been popping all over the place, weve essentially sort of operated within the bands that we set yesterday i dont think yesterdays 4 decline necessarily did too much damage to the idea that perhaps were in this bottoming process, maybe a week ago monday was okay for a shortterm extreme low but todays rally doesnt change the sto story either that it could go either way the conversation perhaps is going to turn a little bit more toward
There was a hiccup or real problem with finalizing the the United States now has more coronavirus cases than any other country in the world contract he wrote as usual, with this quickly approachi inin ining 10 general motor, things just never seem to work out they said they were going to give us 40,000 much needed ventilators very quickly boeing said that coming up in now they are saying it will only be 6,000 in late april and they want top dollar always a mess with mary b. The show, well speak to slack ceo about the surge in working being mary barra, ceo of general remotely how his company may integrate with a major competitor to make motors and invoke p the defense production act working from home easier it has been one of the rare basically, he can sign it. Winners in this overall market sell off gm and vent tech within an hour lets focus in on the big stories we are watching at this hour or two of that tweet going out kayla has the latest on the announce d they have a deal rescue p
Particularly hard with some 220 cases reported and the death toll at 7 italian authorities have put almost a dozen communities on lockdown in the countrys economic heartland now that could spell major trouble for that years 3rd largest economy and possibly the entire block. But slightly calm a day for stock markets yesterday some exchanges saw their steepest one day drop since 2015 today a more mixed picture. In london the Stock Exchange opened slightly up but in new york closing shop down. Thats partly because chinese factories a slowly reopening signaling a replenishment of Global Supply chains and because fears of a truly Global Pandemic havent been realized although its fall from over. Now is the time to prepare so were in the phase of preparedness for a potential pandemic so preparation is now the name of the game in the United States the white house asked congress for 2300000000 euros to prepare medical workers and to find a vaccine japans preparation staggering the daily commute
A 1st for antarctica temperatures hit a record high adding to growing fears about global warming. Hello for the 2nd day in a row the number of corona virus cases has surged in the chinese province of the heart of the outbreak officials at who base a nearly 5000 new infections were confirmed on thursday the rest of china reported fewer than 300 new cases who also had 160 more deaths new cases had surged by almost 15000 the previous day after doctors and change the method of testing for the illness katrina use in beijing and she says another surge in case numbers doesnt necessarily mean the outbreak is getting significantly worse. This week the government has said that theyre really saying this is a pivotal week in fighting the outbreak they seem to be changing things up a little bit so as you mentioned theres been a change in the how theyre diagnosing these cases of the new coronavirus all curve of 19 doctors no longer have to rely on one single type of test they can now use things like
Guy johnson in london. Lets get the first word news. China is on a mission to create an Aircraft Carriersized investment bank. They are opening up 45 trillion financial industry would also wants to beef up its own players to go toe to tell giants. At the moment chinas brokers dont have much of an international presence. Adding together the 131 brokers have about as many assets as Goldman Sachs by itself. Germany expects the nord stream 2 two gas pipeline to be delayed but it should be completed in the second half of next year. Costs are rising after sanctions u. S. Sanctions on the project. Of japan and south korea are holding their first formal meeting in 15 months amid a longstanding historical dispute that hit trade in the region. It also had a trilateral meeting between the three. Theyve reached International Cooperation on dealing with north korea. 2019 has been a good year for the superrich. Almostrichest man added 17 billion to his wealth this year. Over 11 billion. , bernard,nn