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With a economist. This economyf this contracted for the First Time Since at least 1990 two. A big contraction, more than was anticipated. What is your instant reaction . Robin let me be clear. The First Quarter contraction is not a surprise considering the lockdown in late january and february. Outputch industrial dimension and trade data suggested the supply side in the chinese economy has been on a recovery path. Are first in, first out amid this covid19 recession. We have seen the worst First Quarter followed by a shallow recovery from the Second Quarter onward. The ip data is better than r...

Of a job since mid march and Business Activity grinding to a halt around the world and finally, Energy Stocks are jumping on a rebound in oil prices by far the best performing on the s p 500, which is higher, wilfred, by about. 6 though off the highs of the day. Went briefly flat as well so improving for the last hour or so the dows up 0. 9 or 200 points. Coming up, well speak with former bp ceo, lord browne about the oil markets this week as crude sees another double digit move today plus Tiger Management president , Alex Robertson, will join us to talk about investing and how his company is ...

Data on industrial output offers signs of encouragement. Shares in gilead jumped in late trade on positive reports on a coronavirus drug. Openg source on plans to factories in seattle. We hear from the ceo of rival airbus. We are seeing a lot of positive sentiment across the markets today. Investors seeming to be looking to the data we got out of china. Not really a surprise we got that drop in firstquarter gdp. The big question remains if Consumer Confidence can come back as the lockdown starts to ease. Speaking of that, it is u. S. Esting, you will see futures. The question remains well inve...

This is bloomberg surveillance. I am Francine Lacqua. A lot of thoughts on the markets. A lot of thoughts is not only on earnings and dividends but what we heard in the first trial of from gilead. People saying lets watch out for that. We could get something more. This is what your markets are doing. There is a left overall. When you look at eurodollar and thinks we have been watching. Gold down today. Gold is less high than it was two days ago. Nymex at 18. Lets get to new york city with bloombergs first word news. Viviana we begin with chinas economy in the First Quarter. For the first time ...

U. S. Trading after west texas futures end in negative territory for the first time ever. Ups sees some light at the end of the virus tunnel. The ceo tells us ecommerce is almost thriving compared to traditional sectors. Lets take a look at the oil lets get to sophie kamaruddin, who is taking a look at highlights for us in hong kong. Sophie the relative resiliency of the markets we have seen of late have brought several benchmarks in the region of asia into bull market territory. That will be tested in the face of this oil rout. Futures. Eing mixed nikkei futures in chicago while kiwi stocks a...