It is a deceptive wednesday to say the least. We are focusing on stimulus and will do that across all of uber surveillance this morning. Bloomberg surveillance this morning. The president of brazil, and this is a statement, he has a little cold, has the virus as well that is touching us all worldwide. Francine it is. We have been trying to track the virus to understand what it will become. It is clear is is a bit more under control. In china, in europe, and but it is ravaging many parts of india. It is concerning in latin america and certain parts of the u. S. We are trying to figure out what that means in terms of lockdown and what it means the impact, future impact, on any reopening of the economies. Tom without question, the zeitgeist asked america with the residents event yesterday president s event yesterday is children and back to school and what that means for the economy. News, now word to our first word news. A temporary testing site is being set up in louisiana, texas, and fl
Dubai drops nearly 5 and egypt slipped 6 . Today in an unprecedented third election in less than a year. The political deadlock finally broken . 8 00 a. M. Across the emirates. This is bloomberg daybreak middle east. Im manus cranny in dubai. There is one word reverberating from the fed to the bank of japan. The word is appropriate. Appropriate actions to support the markets. The bank of japan will make sure ample liquidity, appropriate action and so the s p smell the sweet wisp of the put option around the world. The bank of japan injects liquidity, Goldman Sachs says there will be three rate cuts. Has anything structurally or fundamentally changed in terms of risk of a Global Pandemic . Probably not. Lets talk to Juliette Saly in singapore. Chinese stocks are starting to roll back to life. Are we putting in a bottom . Manus cranny juliet a huge game for the csi 300 and for once, nothing to do with liquidity. Instead, the bet we will see more government stimulus after the shocker pmi
Saying. We are getting headlines out of the iea. It depends on what is happening in the middle east given what has happened in iran and the last 15 days. The International Energy agency saying the oil supply is a vulnerable as middle east tensions flare up. Ieas always good to see the thinking. You can see the brent. Stocks are gaining 0. 4 . We are we have to see and i will show you later that we have a tight range when it comes to treasuries and dollar pound. Significant one because there is more bets that the bank of england will cut rates in january i believe january 30. Coming up, we hear from the chief executive of allianz. Something you do not want to miss. That is coming up a little bit later. Lets get to first word news. Viviana we begin here in the u. S. , the house of representatives sending two articles of impeachment. It is the first step to begin Donald Trumps trial almost certain to end in acquittal. Chief Justice John Roberts of the u. S. Supreme court will preside over
Coronavirus. Obamaso sell barack we saw apple yesterday or the day before. We saw ashares selloff because vacated senate seat. It is difficult to do guidance. Fly up tol apply puma says the negative impact from coronavirus on sales will four paying customers on the be felt. Ship it uses to fly astronauts we dont have a number yet. Into space. It is a very fluid situation is it opens the way for private a lot of companies try to figure space tourism, but there is no out what it means for their price tag yet. Globalist when he four hours per supply chains and when it will quicktake. And in pick up again. We are watching individual stocks across the board. Stocks in europe being supported by the idea that the pboc and daylobal news 24 hours per officials in china will do more quicktake. On to spur the economy. 09. T crude at 58 francine russia temporarily we will speak with a deutsche banned the chinese from entry. Telekom chief executive. The who says beijings continuing efforts in hubei
2700 journalists and analysts in over 120 countries. Trading. I am Karina Mitchell. Edging into the red after two days of gains gains. This is bloomberg. We had to the end of december. Nejra lets kick off the show with the u. S. And the year end it has been a good month. Melt up. Equities in europe and u. S. And in asia. It. Arie hordern has the dollar on a third day of decline. This has been a melt up but it a 10year yield study for the Asian Session but we edge up has been a stellar year for three basis points. Equity especially u. S. Equities you are seeing a little bit of but we are badly overbought. We could see this technical rest gauff of equities. Signal. Lets get to bloomberg first this is one of the things to watch for but for 20 20, we are word news. President donald trump is seeing a lot of calls come in facing criticism for ousting the seeing a lot of optimism. Allegedly whistleblower. Nejra thanks so much. Heres what our guests have been a lawyer who specializes in saying