catch up. not such a happy new year for chinese stocks. they reopened to huge losses after the extended lunar holiday. containment. the pboc seeks to mitigate the fallout, slashing rates and pledging ample liquidity. and crushed. commodities are also hit in china as bloomberg learns demands for oil falls 20%, iron ore futures dipped by the daily limit. we are just under an hour away from the start of cash equity trading across europe and in the u.k.. let us take a look at futures. you have green arrows here on all the major equity indexes. dax futures up 1/10 of 1%. you can see ftse futures are up as well as cap, about 0.3%. if you look at u.s. futures, they are showing bigger gains. half a percent or more in terms dow, and nasdaq futures. what do you see on the gmm? anna: we will return to the macro picture in a moment. a bit of micro news, imperial will join as ceo, stepping down another company and joining the board of imperial brands. we will keep an eye on that. back t
Hello and welcome to viewers in the United States and arnl the world, im michael holmes. Comeling up on cnn newsroom, the Georgia School where this viral photo was taken is closed to clean for coronavirus. In beirut, family search for a loved one following the deadly warehouse explosion. And as countries around the world struggle to keep the coronavirus numbers down, one nation stands out. We look at how new zealand managed to go 100 days without a single local infection of the virus. 5 million coronavirus cases and counting, the u. S. Crossing that milestone on sunday, a mere 17 days after hitting the 4 million mark, and more than doubling the number of cases since the beginning of the last month. These are just cases we know about of course. You can see how quickly the infections are spreading when compared to earlier in the pandemic. It took the u. S. 99 days to reach 1 million cases back in late april. Latest total also means the United States is home to about a quarter of all covi