coming up, we have a quick conversation with novo nordisk.sk about demand for diabetes drugs and what he sees and then a conversation with the chairman of rbs, sir howard davies. that is also coming up later. this is bloomberg. ♪ 49...50! daddy, i found you! good job. now i'm gonna stay here and you go hide. watch your favorites from anywhere in the house with the xfinity stream app. free with your xfinity service. now any room can be a tv room. stream live tv, on demand shows and movies, even your dvr recordings. download the xfinity stream app today to stream the entertainment you love. francine: this is "bloomberg surveillance." in a moment we will get back to our guest. let's get to new york city with first word news. ritika: disney has taken a $1.4 billion hit from coronavirus and the worst may be at the & co., earnings plunged by more than half in the quarter. giant parks are being pummeled particularly hard. a doubleeing hit with itw with -- the company said will not give guidance for the second quarter given the uncertainty caused by

and sales surge at novo nordisk as patients snap up diabetes medication ahead of the lockdowns. the chief executive tells us about stockpiling. well, good morning, good afternoon, good evening, everyone. this is "bloomberg surveillance ." as always, tom and francine, as always, working from home. there has been movement offshore , having to do with trade tensions between the u.s. and china. still trying to figure out exactly means for the ecb, whether it is positive because they can adjust in or make something out of it, or whether it is the beginning of trouble some things ahead when it comes to possibly the pep program as well. tomorrow we look at the bank of ,ngland with andrew bailey talking about what he sees happening in the economy. tom: it is an extra ordinary hour, folks, particularly looking at the fabric of europe and the european model. the disinflation dynamics has dramatically rolled over in the last 48 hours, clearly somewhat off the german ruling. there is no question about that. you see it expressed right now with ever stronger yen versus euro. disinflation wins

. ♪ >>> "good morning america" is sponsored by novo nordisk.rooks is with us. kimberly, you did a great job yesterday in your inaugural run. let's go for it again. >> all right, dan. we're going to kick things off with katy perry, she's setting the record straight on some rumors about a potential collaboration with taylor swift. and the answer is -- not yet. see, some fans were speculating that they could hear taylor's voice in the background of katy perry's new song "daisies." katy perry went on hits radio breakfast and she put that idea to rest. >> no, it's not correct. the fans are definitely excited for something like that to happen in the future and i'm always up for it. >> now, katy perry is performing the song "daisies" on the "american idol" finale tonight. it's on at 8:00 p.m. eastern on abc. just so you guys know, "american idol" was renewed for a fourth season. >>> all right, now, we'll move to my girl reese witherspoon, she posted this picture on instagram that's pretty hilarious, that shows her in a yoga pose while her dogs look co

ases surge at novo nordisk, patients snap up diabetes medication ahead of the lockdown.