August 15 but also continuing down. 7 the nikkei and the futures in the u. S. Are looking lower as well. Data expected out of the u. S. Later today. And in terms of looking at some of the currencies in the region, we talked about the bloomberg dollar index. Down about. 10 . Dollar weakness is essentially beneficial to equities in this part of the world and currencies as well. Aussie, thats what youre looking like, essentially flat and new zealand had jobless numbers that came in less bad than expected. The kiwi dollar up. 2 . Lets move on to some of the commodities, gold again looking strong and well, above 2000 an ounce, a little bit of weakness in the last hour or so, down about. 2 . Terms of oil were looking at the beirut story, the port explosion there and there was concern that have geopolitical tensions emanating from that. Thats the yield picture in the points. St over 10 basis rally washe dollar rather short, and then weve got gold, the inverse correlation back at the moment. T
Bloomberg surveillance, im Francine Lacqua in london. There is movement on the pound because what we heard from the boe. It has been absolutely amazing trying to figure out exactly the premise at which mr. Bailey is expecting the economy to do. We understand the bank of england is expanding stimulus as soon as next month to help the battered u. K. Economy. He once again reiterated that there is an unwavering pledge, which basically means that the market is taking it as further boe action possibly being imminent. Set and of england will asked if necessary to deliver the monetary and Financial Stability to deliver longterm Financial Stability. We are speaking to governor bailey later on. Know whether that means we have negative rates next, but certainly to have an impact on euro. I thing we have a data board for you. Is an actionfilled Currency Central Bank kind of day as we also heard of a lowered benchmark rate from norges bank. Lets get straight to the bloomberg first word news. Top t
A bailout plan to keep the strain on Airlines Flying but is it enough money. Increasingly isolated over his quarantine measures brazils president by as his Health Minister plus. Road control. Top tips from a spaceman on how to survive life in isolation. Alarming new numbers showing the strain on the worlds 2 biggest economies a from the coronavirus pandemic that is increasing doubt about the u. S. President s 2 week deadline for getting businesses back up and running in 30 states and the same time job losses have swelled to levels not seen since the Great Depression of the 19th assays meanwhile chinas Gross Domestic Product has plummeted in the 1st quarter the sharpest full since it opened up to the wild 40 years ago and theres been a big rise in the death toll in the viruss original at the center now well have the latest from correspondents in both countries but lets start with katrina you and beijing katrina yet more sobering figures from china that will inevitably reverberate around
Isolated over his quarantine measures brazils president fires his Health Minister. A future thats up in the air a bailout plan to keep a straight on the Airlines Flying but is it enough money. And he keeps soldiering on the war veteran whos now raised more than 22000000. 00 to help fight the coronavirus. Alarming new numbers are showing the strain on the worlds 2 biggest economies from the coronavirus pandemic theres increasing doubt about the u. S. President s 2 week deadline for getting businesses back up and running in fact he states 22000000 americans have now made jobless claims just over the last month numbers not seen since the Great Depression of the 1930 s. Meanwhile chinas Gross Domestic Product has plummeted in the 1st quarter thats the shoppers fall since it opened up to the wilds 40 years ago and theres also been a big rise in the death toll in the original epicenter of the outbreak 50 percent more people died there than was reported now the total number of dead in the cit
The outbreak under control. A future thats up in the air a bailout plan to keep a strain Airlines Flying but is that enough money. Grow and control to me. And top tips from a former astronaut on how to come to grips with life in isolation. Alarming new numbers are showing the strain of the coronavirus pandemic on the worlds 2 biggest economies there is increasing doubt about the u. S. President s 2 week deadline for getting businesses back up and running and that he states 22000000 americans have made jobless claims just in the past month numbers not seen since the Great Depression of the 1930 s. And chinas Gross Domestic Product has plummeted by almost 7 percent in the 1st quarter thats the sharpest for. All since it opened up to the world 40 years ago and theres been a big rise in the death toll in the original epicenter of the outbreak 50 percent more people died than was previously reported the citys total is now said to be 3869 while katrina you has more from beijing and she told