Identify other key issues the governing council will aim to address in the next few months there is however, one issue on which i can decide today all members of the governing council will agree with me we must complain much bet tort general public what we are doing and why we are doing it and we must talk to people that we do not normally reach this has to case cade through our review, inflation name, inflation measure, tools and effectiveness and how they take into account new challenges that people actually care about housing cost, Climate Change and inequality im fully committed to that. Monitory policy can only be credible if we are sure our goals are true and shared by the people we serve. As an independent central bank, we are and we will remain accountable to them. Thank you very much for your attention. A warm welcome to street signs. If you are just joining us, im Julianna Tatelbaum lets kick off with what we just heard from madam lagarde she was delivering a speech at the ec
Reaches a milestone. Good morning, everyone, and welcome to bloomberg surveillance. Im Francine Lacqua in london. We have breaking news the last 20 minutes. China says that the u. S. Has abruptly closed its consulate in houston. That is having an impact on the market. Lets get the markets. Risk sentiment looks a lot shakier after china says the u. S. Abruptly ordered the closure of its consulate. Most european indices have extended declines to session lows. S p futures accelerating their dissent. I did want to show you gold and silver. Lets get straight to the bloomberg first word news. Ispresident donald trump restarting virus briefings. There was a shift in tone with the president urging americans to wear masks and avoid risky behavior. The death toll for the virus in the u. S. Has topped 140,000. Cases are still growing, especially in southern and western states. President trump it will probably, unfortunately, get worse before it gets better, something i dont like saying about thin
Get blown up . Lie down, lie down, then youll show me, artist, now, good, boy, its good that you had time, my patient, i him. When he was six months old, oh, son, do you have a son . Yes, son, 17 years old, im raising one, and your wife, she died . No, why did she die . Ran away, but that was a long time ago, how did you run away . Well, he couldnt stand it, yes, his son was just very sick as a child, so. She first went to moscow, supposedly for work, and then sent a message sorry, i cant do this anymore, dont curse me, but since then i havent seen her anymore, and youre leaving, i dont know, im just now. I cant think about the future at all, i live one day at a time, i dont know what will happen tomorrow, today is the day of difficult questions, you are not the first to ask me them, pavel called you, but moscow invited, called, tempted with career prospects, its difficult to decide. Change your life forever, this has happened to you, but whats so difficult . Take it and change it . We
With the dollar and the euro. It could be interesting positioning and worth talking about. Bullish bets 18 of the major commodities on the bloomberg index. Dropped by 35 . Bullish bet by 35 on the commodities. Lets check in. Nymex down. So much a Storage Space and you run out especially in oklahoma. Storage tanks flowing and almost white the rate in norm at almost twice the rate it normally does. Krugman is down 1 . Crude is down 1 . Brent is down. Gold traders run away at a pretty fast pace. Reduce on the gold market. Gold in a little bit of a bind nymex and brent trading lower. Premier keqiangs comments about getting involved in the chinese market. Black rock saying dont be cruel. Get ready for an 8 drop as a the 70 level according to black rock. The dollar is down by 0. 4 . Taking a breather. Wait to see if janet yellen and the fomc is prepared to remove the word patient. Dollar strength, 2 beige book reports so far this year. Dollar strength was mentioned six times. Youre not seen