Folks theally shows weekend that we go into, it is midmay. I believe the calendar says its may 15. Part of that debate is the tension about june being upon us and even beginning to consider july. What i notice in my friday reading is that there is, including mr. Macron, there is this huge attention about this pandemic forward. Francine it certainly is and how you distribute all the medication. Lets get straight to the bloomberg first word news. Bless you, tom. Good morning, francine, tom. China denying it try to cover up details of the coronavirus outbreak. Beijing says it did not know until january 19 how infectious the new disease was. China says they release that information the next day. Chinese the federal government is out with new guidance on how to reopen bars, restaurants, and workplaces. Of cdc has outlined a number steps, among them, including social distancing, and how to tect coronavirus cases. Germany has ended a historic recession with its biggest month in over a decade
Over much of the past three decades, i have been an investor. [applause] the highest calling of mankind i have often thought is private equity. [laughter] then i started interviewing. I watched your interview, so i know how to make your interviews. I have learned, from doing my interviews, how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I did not negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] you dont feel inadequate being now the second wealthiest man in the world . Is that right . [laughter] about a decade ago, a young entrepreneur, Brian Armstrong, who was working at airbnb, left that company to start a company to trade cryptocurrencies. The company he started, coinbase, became one of the hottest ipos on wall street. This year, because of the ftx meltdown, coinbase has had some challenges. I sat down with Brian Armstrong to talk about the future of his company. So, for those who dont
Figure in focus as investors search for clues about the next fed rate hike. With the u. K. Election less than a week away, we speak to iain duncan smith. Good morning. This is bloomberg surveillance. Im Francine Lacqua here in london. Theres a lot of news today and that has loads of implications for all the data across the board. Lets get straight to it. Global stocks are up. The nikkei 225 stock average topped 20,000 points for the 2015. Time since this is mainly as private american hiring data bolstered confidence in the economy. We have to wait for that jobs data today coming through. This is what were seeing for pound, weakening a touch. Look out for pound. We are just seven days until that election, june 8. Yen, im seeing a little movement. 111. 56. Crude oil, we will be speaking to the opec secretarygeneral shortly. Lets get straight to the bloomberg first word news. Nejra we start in the u. S. The Trump Administration has asked the u. S. Supreme court to reinstate its travel ban
Police officer shot. Nypd unions from chief patrick lynch, who blames protesters and mayor bill de blasio. New york has seen demonstrations following the Michael Brown and eric garner decisions. President obama condemned the killings. President obama refusing to call of Sony Pictures and act of war. The attack cost sony hundreds of millions of dollars and torpedoed plans to release the interview. Applet raising iphone prices 35 , the second increase in less than a month as the Company Accounts for the rubles plunge. 955 ine 6 loaded costs russia. 649 in the u. S. A major storm could fill a wrench in your Holiday Travel plans. A system stretching from chicago to new orleans is heading towards the east coast. Heavy rain and strong winds to 2 3 of the country. Aaa says 99 Million People will thisl 50 miles or more year. Brendan greeley will go back and itth to the Grocery Store is already done. Check another storm, mostly rain. Santa will get through. Equities, bonds, currencies, commodit
Releases its minutes. This is Ben Bernankes last meeting. We will see if they had champagne. Maybe they had a party, we will find out. Its about the handoff. What happened inside the fed and what was the conversation as chairman bernanke he was handing off to janet yellen . What else do we have . We have earnings before the ball from carlisle and him jim resorts and six flags. After the bell, tesla along with marriott and avis. President obama is traveling to mexico for trade talks with the leaders of mexico and canada. Treasury secretary jack lew will speak today on the economy in San Francisco. Its a very busy day. Lets do a data check we have elevated hydrocarbons. The next screen shows us Foreign Exchange. Golub will join us with a hugely bullish call in this hour. R. On the bloomberg terminal, its the ruble basket. The 2008 with a weaker ruble and this is good news for Vladimir Putin and this weakness of the ruble is really breaking out to a new level after a 2 billion transaction