And im going to be letting you know about it. President u. S. Unexpectedly leaves possibl hospital to greet supporters. Risk on returns. The president could leave walter reed as early as today. On stimulus, he tweets, get it done. France plans fresh restrictions amid rising cases. Boris once the u. K. Of a tough winter and the chancellor speaks today. London, 9 00 a. M. In dubai. Hey good morning to you. Well done on friday. The world looks this morning at where complete chaos is, for the moment, taken off the table. That is reflected in dollaryen, the dollar. We dont know the full status of Trumps Health, but for now, the complete chaos. Seems to have been tempered. Annmarie yeah, we are getting conflicting reports and confusion out of d. C. Regarding the president s health. There was a wild 72 hours from when he tested positive to what medical experts are saying. And pretty much set the bar this expectation the president could be released as early as today. What happens to the market
From the hospital as soon as today despite conflicting reports from doctors on his treatment and health. Markets recover from fridays riskoff term. France reportedly plans to shut down bars in the paris region as part of new coronavirus measures to be announced today. They warned of a tough winter ahead but equity futures shake off europes spike in infections. Agman Fertilizer Company k s is in advanced talks to sell its morton salt unit to kister group for 3 billion as they propose a review of its indexes including increasing the size of the dax to 40 from 30 companies. Away, just under an hour 60 minutes away, from the start of cash equity trading in europe. Lets take a look at futures this morning. We are seeing green arrows across the board with dax. 75 , and ftse futures gaining almost 1 this morning. If you look at the percent mispriced, we see gains of more than. 5 indicated at the open. Take a look at the u. S. , futures pointing slightly higher this morning, not 1 gains, but m
Dozens of roles in its Global Fixed Income division. Matt good morning. What incredible moves in the market yesterday. It was not about equities, it was the climb in yields that took traders breath away. We see the 10 year yield, 10 basis point move from 146 to 156. Nejra that was the biggest jump since january. Any paradigm shift and markets, or to do with positioning. Matt we could have seen people , yieldsd of themselves fell quickly and fast. Stocks took a hit in august. What happened overnight in asia, stocks gained yesterday in the u. S. That carried through to asia, and you still have s p futures positive. People taking and putting risk back on the table means they can sell the yen and as a result get 107 japanese yen for your dollar. Nejra with u. S. Equities back above the average, that was notable. The gains yesterday means in a week we have regained the losses we saw in august. U. S. Debt, the best month since 2008 and august. We saw yields move higher. And 30 yeartwo, 10, c
Equities higher on renewed helps elsewhere for a potential u. S. china trade deal. That confidence fails to spark european market. President trump takes aim at Jerome Powell ahead of todays policy meeting saying he could consider demoting the central bank head. And trump also blasts ecb president mario draghi and his stimulus plans that sent the euro lower against the dollar. There are risks mainly because of brexit, also because of the trade conflict. Even the persistence of these risks are a risk in itself President Trump has increased pressure on the Federal Reserve to cut Interest Rates. Bloomberg reported the white house in february examined the possibility that the administration could demote Jerome Powell from his role as fed chair. The news agency reported that the white house legal review had made a case to replace powell as fed chair but said the move would be open to a legal challenge. Trump also hit out at the ecb after mario draghi hinted at further stimulus for the eurozo
Investors failed to go ballistic. He will take care of the situation. Will he . 10,000. Rosses will we see aggressive profittaking . That today not see because bitcoin is up another 500 in todays trading. Currency gp. He xb if you look at the percent missed price it indicated again for the dax and the cap this morning, indicated loss for the ftse, the euro stoxx. Up. 51 . It does not look like equities on the continent will be opening a negative territory but there could be pressure in the u. K. Guy are we talking about irrational exuberance again . The famous greenspan words that came to haunt the markets. It took a while to get there but that was a factor that the markets ended up having to deal with. Lets take a look at the s p record after record after record on u. S. Equities. We were up another 1 , 26. 27. The ftse had a solid base and european equities had a solid day. A more mixed start. Futures are beginning to firm. Lets talk about what else where watching. The british pound