Really germane this morning. I love how the french call it a move to the confinement confinement. In america, yesterday afternoon, there was a real understanding of confinement at the white house. Dr. Fauci worrying about origin, and also the Vice President of the United States worried as well. That was sobering on mothers day. Francine it certainly was. Lets get straight to first word news in new york city with ritika gupta. Take a coPresident Trump ritika President Trump has a tough job this week, trying to convince americans it is safe to go back to work and socialize. At the same time, he is fighting a coronavirus scare that closed his own office. On friday, Vice President mike pences press secretary was diagnosed with the virus. Neel kashkari says americans should brace for more bad news on unemployment, and he says congress should provide more help. News emmaalled abc saying fiscal efforts will need to be put in place. And the plan for lifting the countrys lockdown. Expected to r
And we speak live to the former white house chief Economic Advisor gary cohen. Up, a new Community Pro or a new economy for a new economy. We bring you exclusive interviews with the Credit Suisse chief executive, ubs, and many more. Welcome to bloomberg surveillance. I am a Francine Lacqua. Before we get to any of those interviews, let me just have a quick check on the markets for you. Look at stocks dropping in europe. Asia was a mixed session. Fromcomes as support congress for protesters, kids prospects of a trade deal. We are also looking at bonds edging higher. Beijings chief negotiators says he is cautiously optimistic after a phase one trade deal. Lets get straight to first word news in new york city. Rudy giuliani and donald trump demanded a quid quo pro from ukraine. Is astunning admission damaging testimony for President Trump. He went on to say giuliani was holding up a white house meeting unless ukraine announced investigations. The latest debate, democrats focused on Presid
Francine lacqua. Resurgence for the far right. Belowdex is a little bit estimate for the month of september, 115. 2. Lets check on your data to see whether it has any impact on euro or not. You can see eurodollar, 119. Politics are dominating trading. The sliding a touch euro sliding a touch. Gold falling, crude edging low as well. That is your data check. Lets get to the bloomberg first word news. Nejra donald trump has stepped up his criticism of the nfl sing fans should not go to the games by saying that layers who protest Police Brutality during the National Anthem should be fired. Said heand patriots ceo was deeply disappointed by the president s comments. Meanwhile a trump has ordered you travel restrictions on a countries replacing the current ban on six majority muslim nations. It targets travelers from iran, libya, yemen and somalia. The move opens the president to what could be a new wave of legal challenges. Iran has testfired a new Ballistic Missile in defiance of citingted
Slightly. The Chinese Markets were closed for the dragon boat festival holiday. The nikkei ended flat. Down by 4. 5 points. In europe, some of the early trading, youll see right now it looks like things are flat for the dax. In germany the cac is off, and in london stocks down by a third of a percent. Crude Oil Prices Last week were all over the map. Ended up down 50. This morning down to 49. 57. Several headlines out of europe this morning. It is the euro moving following comments by mario draghi. Draghi signaling the bank is not yet ready to unwind simplus measures decemb s simplus st s measures. Lets look at the euro, at 1. 11 right now. A greek government spokesman denies that greece will opt out of the next bailout payment. Athens was weighing the option, but the greek spokesman said there will be a solution reached when european minute centers and minute centers and i sglooifrnlgts ministers meet. British airways saying Computer Networks are operating normally today after an outa
Into the terrorist attacks. This is bloomberg surveillance. I am Francine Lacqua in london. It seems pretty clear that there seems to be a risk off mood. The haven assets are getting quite a big bid. I want to start with the pound, but it is more of a dollar story with equities retreating in general and investors turning cautious following the sevenweek search, with oil fluctuating. On the oil story, we will talk about the saudi story. 2. 16. 0 year yields, lets get straight to the bloomberg first word news. Reporter we start in australia, where Islamic State has claimed responsibility for a hostagetaking in melbourne that left a gunman and one other dead and three Police Officers injured. 29yearoldt the after he fired a police with a shotgun. He had taken a woman hostage that he had arranged to meet from an Escort Agency and is believed to have killed the building receptionist. The white house has insisted that President Trump is not picking a fight with the london mayor. He criticize