What exactly comes next for the coronavirus, how governments will deal with it and if there are any faults. Lets check on your markets. Today, we have a market that seems focused on the number of affected and deaths falling. That is the good news. Many deaths, but it has fallen from three or four days ago. Equity futures are down. European stocks are holding gains. They fluctuated quite a lot. It is a big week for corporate earnings. They are trying to a tentative signs that the infection rates are decelerating. Treasuries, pretty much unchanged. Plunging below 15 a barrel to the lowest level in 21 years. Lets get to the bloomberg first word news in new york city with viviana hurtado. Viviana we begin this new is a news morning in the u. S. , the nation temporarily postponing head of client Investment Strategy tariff payments to free up cash for businesses hit by the pandemic. It is limited in spoke scope so it will be on steel or aluminum or enforcement actions, including taken a big
We are seeing quite a lot of stocks rise on the back of hope that the tax plan will move through. We do need to break it down and look at sectors. The stoxx 600 gaining 3. 3 . The eurodollar, we are looking at that because the tax plan c ould affect the dollar. We are expecting a vote. We heard from the president earlier on, saying he has people he could call on two major the tax plan goes through. Could call on to make sure the tax plan goes through. We talk brexit and the outlook for 2018 with Vincent Chaigneau. In the next hour, we break down withs. S. Tax overhaul the Global Economic strategist from blackrock. And later on, we speak with pierre moscovici. We have many questions for him, including the tax plan. Here is sebastian salek. Reporter u. S. Lawmakers are scrambling to lock up support for the tax bill. This would provide a multimillion dollar windfall for the real estate investors. Tax experts say the change, which would allow real estate businesses to take advantage of a n
First things first. Lets check on markets. We are expecting about half an hour from now the Spanish Deputy Prime Minister to make a statement on catalonia. Stocks in europe nudging higher. Miners gaining. Oils also gaining. The euro weakening a touch. Spanish stocks falling. Lets get straight to the bloomberg first world news. His sebastian salek. Sebastian kurtz has declared victory. A win for his Peoples Party would shift the politics to the right. It is also seem to have paved the way for the eurosceptics party to be in government. Angela merkel has to talks this week in a more moral position after her party suffered defeated lower saxony. Its her worst result in lower saxony since 1969. The worlds top central banker is for that inflation will stay low for much longer and they will push ahead with plans to tighten Monetary Policy. Janet yellen thinks u. S. Prices will accelerate despite a. Of softness. Is that theuess software easily not persist and with an ongoing straightening of
Is can i say the euro start the best thing europe has come up with. There is nothing close in america. Nothing close. Guy we were separated by a couple of characters. Tom we cannot go in the same car together. Guy we are a security risk. Here is the bloomberg first word news. Nejra in less than three hours, polls will close in the south korean election. There are concerns about trade ties and the increasingly aggressive northern neighbor. The country has a sorting pollution problem. A winner will be announced four hours after the end of voting. German exports rose for a third month in march, a sign they are benefiting from pick up in global trade. Gdpomists reckon germanys grew by 0. 6 in the first three months of the year and we get the official figures on friday. Eu president juncker regrets links over dinner with theresa may. In an interview, he said a publication of the comments were a serious mistake after he had been involved. He was told he was not taking responsibility. Former
There already helicopter money in the markets . They are buying so much of the debt already, pushing the maturities out. Are they really financing stimulus . Deciding many years ago what theyre going to do. In mike will bring with with his interview Esther George. Her outlook for inflation. You have to focus on inflation, jon. Jon lets get you up to speed. Teachers marginally negative, down. 2 in the u. S. A soccer session in europe with the ftse down. 25 . Soccer session in europe a softer session in europe. The bloomberg dollar slightly softer. Covering the bond market as well come a quick look at commodities, the index coming in just a little bit. It is very much a Federal Reserve story. Alix a risk off day, little bit into friday. Lets check in with our bloomberg team. Matt boesler on janet yellen. Onon clark in tokyo helicopter money coming to japan. With investoryde confidence 26 hours to go. What will be here in the next day . We hear in the next day . How its interesting that f