Coronavirus cases top 2 million in the u. S. As the number of infections rise in texas, california, and florida, all recently reopened states. Not even thinking about thinking about raising rates. A dovish jay powell sends global stocks and treasury yields lower. Most fomc measures see rates zero through 2022. It raises concerns about the real state of the economy. Nd capitalizing on chaos Goldman Sachs makes 1 billion from the oil market turmoil. Drivingp sees its bond trading revenue. Big on europe. We are seeing futures. 2 losses point two losses on the indexes. Most of the major indexes were less than 1 . Drops in the u. S. After that fed meeting. Jay powell saying hes going to keep rates at zero through 2022. It looks like the market is now concerned about the strength of the underlying economy considering those comments. U. S. Futures down 1. 5 in terms of the dow and the s p. Anna in terms of the underlying economy, concerned also about the rise in the rate of infections in the
Not a 3 or 4 economy. Maybe this dollar should not be as strong as it is now. Scarlet and opec has a deal to curb oil production, but they have got a good deal more to do. Were looking to do better. We are hoping to be able to get to scarlet it is all straight ahead on bloomberg best. Hello and welcome. Im scarlet fu. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began with change at the top in italy after voters rejected their Prime Ministers proposal for political reform. Italian Prime Minister matteo renzi says he would quit in the early hours of this morning after losing a referendum. He called to push constitutional changes. I think the expectation that the result of this referendum would have a disruptive impact on italy and possibly even on the eurozone were grossly exaggerated, frankly. It was not comparable to t
Not a 3 or 4 economy. Maybe this dollar should not be as strong as it is now. Scarlet and opec has a deal to curb oil production, but they have got a good deal more to do. Were looking to do better. We are hoping to be able to get to scarlet it is all straight ahead on bloomberg best. Hello and welcome. Im scarlet fu. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began with change at the top in italy after voters rejected their Prime Ministers proposal for political reform. Italian Prime Minister matteo renzi says he would quit in the early hours of this morning after losing a referendum. He called to push constitutional changes. I think the expectation that the result of this referendum would have a disruptive impact on italy and possibly even on the eurozone were grossly exaggerated, frankly. It was not comparable to t
Today saw the conclusion of the UAE-Korea Business and Investment Forum, held in Seoul, Korea, on the sidelines of the official visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Republic of Korea, heading a high-level UAE delegatio