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The 71yearold veteran politician will succeed abe shinzo who has resigned to deal with health issues. Suga supported abe as chief cabinet secretary for more than seven years. He says he will push forward abes policies to deal with the coronavirus and revitalize the economy. He also vows to push forward administrative and regulatory reforms. The emperor cerememonially endorseded suguga in his cabine line with the constitutional requirements. Suga will hold a News Conference at 9 00 p. M. Local time to talk about his priorities and the challenges hes about to take on. Well bring it to you live. ...

Increase the budget gap by 1. 6 trillion this fiscal year. We knew it would be expensive. We now have a number. Act, to makeres sure we get relief to individuals and businesses affected. Romaine obviously, a lot of folks are looking at what is happening with the budget. We did close higher again. How much you want to read into these numbers, that is up to you on a personal level. The nasdaq 100 did close higher on a yeartoyear basis. Losses itll of the had i believe going back to march 20. Of buyinging a lot here. David, when you take a look at not only the earnings season but some of the rall...

Abramowicz. A special edition of bloomberg surveillance. What is the title of this program . Market chaos. We are going to do two things. We wrap around the date of where we are now in terms of assets. Of course, good conversation. Jon ferro, start framing with us. We will start with the price action. Huge moves in the equity markets. The biggest oneday drop that we have seen going back to december of 2008. S p 500 futures continue to roll over in the hour or so after that. In the bond market, you know all about it. Treasury yields settle down, coming down basis points. A monster move in crude...

Holding this up is primarily the defensives in the utility sector, some consumer staples. Mcdonalds providing a little bit of a drag. Take a look at what is happening in the treasury market. Bond bulls undeterred. A lot of folks said this is going to be a dip buying opportunity, and that is what you are seeing. A lot of uncertainty that had driven the bond rally prior to that selloff, brexit, u. S china trade, those have not been resolved, but you will see the bond bulls remain active in this market. We saw the dollar knocked down a peg. You are going to start to see the price action like this...

Imf decided to take a viewpoint on france. They downgraded the growth. French banks are all lower this morning along with renault. Factory orders are low. We have a little bit of news. We are waiting for the stock market to open. 2014, there is going to be a loss of 1. 6 billion. Why . It is down to hungary and romania. 40 higher provisions than anticipated. 2. 4 billion euros. They are writing down the values of the romanian businesses. Gold. The reason why i put gold is because we have traders that are the most bearish in four weeks. We do a Bloomberg Survey every week. Gold after allon of t...