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The dollar still strong against currencies like the euro, but the commodityrelated currencies are performing really well in the em, as well as the g10 space. Time now for todays market moving news from our london and new york teams. We want to start with the markets after we have u. S. Futures rebounding. Joining me on the phone is bloombergs dani burger. The question i feel like, last week we saw the bottom, now feels off the table. Every day people are saying it is the bottom, it is not the bottom, but the picture continues to change. There is so much uncertainty. A bit of a lift in markets today. It is really the Energy Complex helping lead the way today, getting a boost from china beginning to buy oil for their state reserves. But any upside today is likely to lack conviction. Stocks in u. S. H fields are really starting to march higher. A slight backandforth in terms of u. S. 10 year yields, no moving lower after being just s ....
Up for today. Were going to look at all of todays market moving news from new york and london. We want to begin in washington were the Trump Administration stoc struck a deal on a rescue package. Mitch mcconnell says it is an historic plan. At last, we have a deal. After days of intense discussions, the senate has reached a bipartisan agreement on an historic relief package. It will rush resources onto the front lines of our Nations Health care fight and will inject trillions of dollars of cash into the economy as fast as possible to help american workers, families, Small Businesses and interested and industries make it through this. Alix joining me is kevin cirilli. Walk me through what is in the bill and what to expect. The deal will likely pass within the next 48 hours. They are bullish to get this done. 500 b ....
A fairly strong currency move this week. Time now for global exchange. We bring you todays market moving news from all around the world. From hong kong to london, frankfurt and new york come our bloomberg voices are on the ground with this mornings top stories. In asia, the coronavirus continues to spread, with south africa reporting a surge in was also inand that south korea. Joining us is stephen engle. Give us the latest. Stephen you have another revision out of china as they get previously unreported cases out of five different prisons in three provinces. You have those supposedly isolated clusters adding to the total again. They revealed the numbers and then added more. In some cases, more than 200 ands in chengdu province another in hubei province. More provinces could report outbreaks as well in those supposedly isolated ecosystems like prisons. As well, we are seeing additional clusters in other parts of asia, not just china. You are seeing a surge in cases of another 52 in sou ....
Been interesting. Not just value but also small caps. Also industrials, also cyclicals. They wound up beating estimates, coming in at over 600,000. The earnings went up slightly as well. If you have a miss, you get punished. For global exchange. We will bring you todays market news from around the world, from hong kong to brussels to london. First, we start off in asia where china is firing back at the u. S. Mike pences criticism of his actions against protesters in hong kong. He said chinas actions in hong kong curtail liberty rights. The Foreign Ministry blasted the remotes remarks and said we hope they can get their own house in order. I was quite surprised by their response today. Their response yesterday was much more consolatory consolatory from chinese news outlets. They accused Vice President pence of line. They accused him of arrogance. Y said his speech was and th ....