The safe haven bid comes off. The selling in the bond market is not as fierce as the buying and the equity market, something to keep note, as the 10 year yield rises 19 basis points. Crude getting back may be half of the losses from yesterday, up by about 10 . We will see. If that can hold. Time now for globe we will see if that can hold. Time now for global exchange. Our bloomberg voices are on the ground with this mornings top stories. We begin with the markets. Stocks stabilizing globally following the deepest equity route since the financial crisis. Joining me now with more is bloombergs dani burger. s p futures hitting their upper band limit, 5 . Here in europe, we see equities gaining about 4 . Yields gaining back. But given the scale of yesterdays losses, this is no ordinary day. Is this a dead cat bounce . Volume has been a touch light. Back. Not coming yields not coming back is fiercely, as you pointed out. Overnight, it looked like u. S. Futures were heading there to lower th
Us. Apple warnse, the path reopened after the super tuesday victories and what is shaping up to be a two man some iphones will be in short race for the democratic supply as Stores Slowly reopen in china. Nomination. First, the death toll from the that is up next. This is bloomberg. Coronavirus rising to 11 across the u. S. With california reporting the first death in this state. The fatality rate is 3. 4 percent, higher than the seasonal flu. Cases continued to surge in south korea, the u. K. 23 members of parliament have fallen no. U. S. Stocks rebounding, perhaps theing the rebound from surprise victory. Are expecting to see some decent trades some decent gains. We did have the new zealand Index Trading higher than more than hire more than 2 . Volatility is the name of the game. 1. 7 onhe asx slip by wednesday. It is going to recover all of that today. The nikkei also pointing higher. The nikkei broadly flat for the day. The cost fee looking higher by more than the cost be looking hi
More trouble for uber admitting the first time for its risks to business over the coronavirus. It is tuesday, march 3 and Worldwide Exchange begins right now. Good morning and welcome to the show im brian chu. With me the entire hour, cnbc contributor car contributor Carrie Firestone the dow is coming off the biggest point gain snapping the losing streak in hopes of snapping from around the world comments from the bank of japan, European Central bank, International Monetary fund are giving buyers reason to buy. One stock hit hardest was up very big yesterday apple shares surging after an upgrade in the gain. Those shares up in the premarket as well this morning, stock futures are in the green in volatile trade if things stand the way they are, the dow would open around 100 points the nasdaq around 26 points. At one point, we had indicated down more than 200 points early in the session several factors you can see here down that level. Australias central bank cutting the key benchmark to
We have an exclusive interview. In hong kong the government is again rejecting calls for universal suffrage for the chief executive here. This as anger bubbled back on the streets of hong kong. Shery australian markets have just opened to trade. Lets turn to sophie for a check of what she is watching. Sophie we are seeing stocks gaining ground,. 1 with the stock market looking overheated and valuations and records. The latest, investors buying into the aussie stock rally. Environmental risk around the earnings estimates. Futures looking mixed. It is opening slightly lower, this nikkei futures under pressure ahead of japanese industrial output we will get later this morning along with taiwanese export numbers and jobless figures from hong kong. We are seeing new york crude. 1 , asground over investors consider the potential impact from the auction health in libya and iraq. Said this is a policy delay disruption and there could be a quick turnaround if there is a political solution. Liby
David when will we hear the arguments . They are in resets until they are in recess until tuesday at 1 00. What happens until then . Firstwe will see the response from the white house to the Senate Summons by 6 00. By 5 00 tomorrow, the house will have to file its trial brief. The White House Defense team then has until monday at noon to file its trial brief, and by monday at noon the house to respond to the white house summons. Then by tuesday at noon, the house to respond to the white house trial brief. We could get a huge amount of documents between now and the start of the trial at 1 00 on tuesday that reveal exactly how the president s team plans to defend him and how the house plans to prosecute their case. David as i understand it, the senate has not yet decided the rules they will follow. Mitch mcconnell will dictate it. They have to vote on it. Is that what will come up first at 1 00 on tuesday . Anna that is our expectation. Looking for the resolution from mitch mcconnell. Wh