Drug failed in trials. Good afternoon afternoon and good evening, good morning. This is viviana , this is bloomberg surveillance. First thing is first, this is what your markets are doing. A lot of the focuses on earnings. A lot of the focus yesterday was the fact that we saw this blunder through w. H. O. Leaking. We understand gilead and the impact we saw on the markets because the trial was not as successful as a lot of people were hoping it would be. Overall, your markets are also focusing on oil. Touch today, west texas actually extending the recovery, treasuries climbing with the dollar, and a lot of the focuses what is going on with italy, the Italian Government bond fell after the europeans felt signed off on this plan, immediate follow from the pandemic, and we also look at Corporate News and some of the earnings. Ifo german Business Confidence falling, but it was expected. Of the 79. 7 figure. Again, that is the lowest ever, and in about 30 minutes, we will speak to the head o
But im good and im back. Tom we are thrilled that you are back, and this illness is something, whether it is the flu or covid or whatever. Betsy grace at Morgan Stanley yesterday, and she said she is focused on the original moment we had in earnings yesterday. We will see that with j. P. Morgan and wells fargo. As you mention in your opening, the major thrust here, country to country come is on lockdown, and if and when anybody can really wish country to country, is on lockdown, and if anybody can relinquish the quarantine on society. Francine we will have a full round down rundown on the possibility of a vaccination, but we are nowhere near that yet. We also have to look at antibody testing. Lets get to the bloomberg first word news in new york city with viviana hurtado. Viviana President Donald Trump hopes to reopen the u. S. Ahead of schedule. The president saying within days the administration will issue guidance for governors who want to relax social distancing practices. The pres
About 8, 9 days ago. In intensive care units for a couple of days and then he gave a press conference two days ago where he seemed more emotional than usual saying it could have gone either way and he really thanked nhs staff he said were by his bedside 24 hours a day. When you look at the response of the u. K. Compared to other countries, certainly in europe, it has been quite different. The Prime Minister many times has had to do a uturn on what he initially talked about, which was a herd immunity and then he said he would not close schools that they are closed. Theres a lot of speculation going around about what they will do next, whether they will extend the lockdown but also make the lockdown that much harder. Tom we will continue our discussion on this today. We will be speaking to nursing professionals at the Johns Hopkins university. Right now with our news in new york city, here is viviana. Viviana donald trump and how he feels about reopening the country. President says the g
I am nejra to pitch. Nejra cehic. I the stoxx 600 in europe up almost 3 . Pushing to a higher open is in todays session. Nasdaq all higher by more than 2 . The question is whether this is a polish signal in equities or just a blip in a downward trend. Around the 75 handle, moving higher by seven basic basis points. You are seeing the broad dollar weakness. Bloomberg dollar index, out performers and underperformers against it, even though they are stronger, signals from the rba and of course in japan, record stimulus. Talking about a state of emergency, reflection and deflation, the yen up on some optimism on talks from opecplus and producers. Lets get to bloomberg first word news with Viviana Hurtado in new york. Hey, viviana. Viviana our biggest story is Boris Johnson being in intensive care after he was hospitalized over the weekend after his coronavirus symptoms worsen. For 10 days, he was in isolation. Are expecting to say the outbreak peak is in the next seven to 10 days. Restrict
I am Francine Lacqua in london. Lets check in on your markets. This is what we see in european stocks, down 0. 3 , a bid for treasury, a bid for gold. We are also getting some data out of the euro area, that manufacturing figure for february is slightly higher than expected, 49. 1 instead of the 47. 4 forecast, so we are seeing a bit of an uptick. 1. 0818, but we will try to figure out what that means for the European Central bank. Speaking withare philip from the European Central bank, about his outlook. Lets get to the bloomberg first word news in new york city, here is viviana hurtado. Hi, viviana. Viviana francine, we begin with more data out of europe. Germanys economy is facing more pressure. Many factors are bring about the impact of the coronavirus outbreak. Is latest pmi is showing it still in contraction as expectations for out that are dropping. And france, the Service Sector is driving Economic Growth to an unexpected pickup overall. That is as the nation fell back into con