A high ranking officers of the nazi regime mourned jointed by the allied forces. They were the 1st war criminals to be held accountable for their crimes. Our 2 part series the 3rd reich in the dark starts nov 12th on d w. 4 a rough touched out in an industry body warns that almost 200. 00 european airports are in danger of going bankrupt in the coming months as de coronavirus pandemic keeps battering the aviation sector also coming up with negotiations over a trade deal between britain and the European Union stalled Fruit Farmers in belgium are asking themselves what sort of ugly dense a no deal breaks it might leave. Program we start with fresh figures from germanys largest Financial Institution large bank has a 309000000 euro profit in the 3rd quarter of the year its sorely needed good news for the bank which had a disastrous year of 1000000000 euro losses in 29000 analysts warn the current news may be short lived though as the ongoing pandemic could reduce business but will need to
Fallout falling far beyond the economy. Is too early to get bullish on energy prices. Lets take a look at how markets are shaping up this tuesday. Take a look at asian stock futures. The japanese gdp is expect it to be revised of the second quarter. Futures moving higher. Chinese bought a water maker starts trading, kicking off another wave of ipos in. Sydney, as we go to overweight by j. P. Morgan. On u. S. Futures this morning, Goldman Peter oppenheimer betting that tech will continue to drive returns in the bull market. Jp morgan saying overweight tech and pharma. Nasdaq futures are under pressure. Check out wti. As the demandrrel recovery is coming and flatter than expected. Suggesting ongoing concerns when it comes to the supply and demand dynamic. Lets check in on the offshore yuan. Nomura cautions against chasing further gains as the appreciation has been driven by dollar weakness. The u. S. Could slow export growth and stimulate imports, which may be against the goal of becomin
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
Breaking news. U. S. Stock market futures are limit down even as the Federal Reserve slashed rates to stave off recession in the face of a global coronavirus threat. Life in america changing rapidly as governments at every level take drastic and unprecedented steps to try to slow the spread of the pandemic. Major retailers including nike and apple, shutting their doors for weeks. Well talk about the fallout for the u. S. Economy it is monday, march 16, 2020 squawk box begins right now. Good morning im becky quick at cnbc headquarters joe kernen and Andrew Ross Sorkin u. S. Equity futures hitting limit down after dropping 5 that means they cant trade any lower this morning those are the curbs set up by the exchanges. You will continue to watch whats happening with the etfs, however, because they are not held to the same restrictions. Can you see the dow etf is down by 9 . The s p etf down by almost 9 . That gives you a better idea of where the major averages would open if we were open h
Vote for a cut now. Host another cluster of Companies Bring out earnings reports. They are going to write down wework that severely. We can adjust our set up to manage the situation. Everyone is getting a little more scared by the quarter. Sebastian the ceo of Goldman Sachs speaks exclusively to bloomberg. When we look back on negative rates, it is not going to look like a great experiment. Sebastian the current state of u. S. Monetary policy. I would say that policy is not that far off neutral. It is accommodative. We are slightly accommodative. I worry about the policy space we have. Sebastian that is all straight ahead on bloomberg best. Sebastian hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Sunday, saudi aramco announced plans for an initial public offering. On monday, there was speculation about the valuation of the