Page 2 - Restructuring Program News Today

Opec offers a bleak estimate of Global Energy demand. Saudi arabia is cutting output to its lowest level since 2002. Shery a quick check of the markets. We are seeing u. S. Futures rebounding and gaining for tens of 1 . U. S. Stocks fell to that threeweek low. It was not just the fed chairs comments. We have u. S. Tensions with china flaring again. Every sector on the s p 500 was in the red and it is now heading its worst week since march 20. Take a look at what oil is doing. We are seeing sligh...

Assessment of Global Energy demand. Saudi arabia is cutting output to the lowest level since 2002. As mentioned, we are looking at the start of the trading session. Thats get over to Sophie Kamaruddin in hong kong. We are expecting moves to the downside. U. S. Futures holding onto a three day decline in kiwi stocks. The index is off by about. 33 and markets are priced in new zealand to join the negative rate club. Amid calls for more stimulus around the world, we are waiting to see if china will...

Stockpiles. Chargecords its biggest for bad debt. The ceo joins us on the show and we will hear from upss ceo as its loanloss provisions rocket. Manus we will talk to sergio what isshortly, but interesting, loanloss provisions are not necessarily the biggest single item in his numbers. He spoke to us a couple of weeks ago. Hise are the numbers for bank, 1. 6 billion in terms of profitability. That is the best quarter in nearly two years. Better than what they had preannounced, but when it comes ...

Performance of all time. We are looking at limit up with dow futures and the etf slightly more than that looking at the treasury market the yields have been all over the place. Weve watched the 10year go from. 4 to 0. 85 . Andrew a huge lineup for you this morning, in about 30 minutes, new data from the china books about how ugly the hit to the First Quarter may be at 7 15, well talk to the ceo of lab corp about the ramp up for testing. At 7 30, well talk about the hit to our economy with Starwo...

And bank ofs, citi, america all reporting today after j. P. Morgan and wells fargo yesterday. The pboc cuts mediumterm borrowing costs again amid expectations of further easing, after the imf warns this years downturn could match that of the Great Depression. We are just under an hour away from the start of cash equity trading across europe. Lets take a look at how futures are trading. We had gains in the cash trade yesterday in europe, with the exception of the ftse, and big gains in the u. S. ...

206,000 manufacturing jobs over all of the last 12 inmonths. And this is in a private sector economy that has added about 2 million jobs over the same period. So you see thats lagged far behind the rest of the economy. There is about a one and a half year boom during the Trump Administration, but that has dissipated. In over the past few months in particular we have been losing manufacturing jobs. What do you point to for that leg . Thats a great question and there seems to be a couple of trends...

China trade deal jobless claims fall. And real estate and staples are leading the charge joining us for the hour is stephanie link were both feeling the holiday red but we got a green market. Like a christmas theme were now starting to see internalsin the market thats confirming the stabilization look at the 210 spread, the yield curve is steepening. Nats a good sign asia stocks, they are breaking out. You look at oil up 10 in the past month all of these things are confirming were seeing stabili...

Bit despite news of increased inventories. For the global exchange, where we bring you market moving news from around the world. Are bloomberg voices are on the ground with this mornings top stories. Da tart with e curran. Had positive signs since sunday, when the government said they would push through new oversight of ip protection, and they want to punish those who are guilty of ip theft. That was followed by some details in one of the state newspapers that china is also looking at the oversi...

Low currencyhe volatility. The british pound is stronger, but very fractionally, up 0. 2 versus the u. S. Dollar before the election. Incremental moves on trade. Lets get to the latest now. Bloomberg reporting that u. S. Tariffs set to take effect on sunday will be delayed, according to chinese officials. Meantime, House Democrats said they will back the usmca trade deal and are planning a vote next week. Rep. Pelosi there is no question that this trade agreement is much better than nafta, but i...

Remains solid. Joining us for the hour is stephanie link what do you think the theme is here we started the day up almost triple digits on the day then loss were down triple digits now were somewhere in the middle crazy with earnings nonstop. The theme today is the shift right back to growth from value. Thanks to paypal, thanks to microsoft, thanks to service now, and value is under performing because i think its all about 3m and what they said. Weak china, weaken you a, to no green shoots after...