The trend of bad mondays but contracts for major indexes shaking off losses to gain more than 1 . 2 on the euro stoxx 50. Global cases of the coronavirus than 3000,000, more died in spain and italy over the weekend as medical experts say deaths in the u. S. Could reach 200,000. The Oil Price Slump continues with wti briefly dropping below 20 a barrel in new york. Brent prices are at a 17 year low. Just under one hour away from the start of cash trading across europe, you saw briefly, futures here in europe are more than 1 . Euro stoxx 50 futures up. They are trading out 1. 5 percent to 1. 75 . Futures also showing gains. Friday was a down day in u. S. Indexes so you could see today start off risk on. What do you see on the gmm . Anna interesting to see those futures looking strong. When you look at the gmm, you get a different picture. This is the Asian Session and how it looks right now. Msci asiad. 4 on the pacific. The australian and south korean markets in positive territory but th
The session. S p futures have been fading, but this after what was the second 4 gain in three days. Safe havens have also been big. Dollaryen, the bestperforming currency. At the same time we see a goal above 1600. 10year treasury yeild continue to hover around 1 . According to that millard have signe says that this is a that the safe haven assets he further weakness ahead. If it was up to him he would say sell into the rallies and there is a large chance maybe we will see a returns debtfree chance of equities from last week. Paul our cross asset reporter in new york, thanks for joining us. China has reported its latest coronavirus numbers, adding 139 new infections and 31 debts. Those figures are inline with the lower trend in recent days. The contrast for the acceleration of an infection rate elsewhere in the world. But get over to our china correspondent Tom Mackenzie in beijing. China is seeing a dramatic drop in infections, but there are doubts about whether we are getting the ful
High of the day. Futures were limit up. Westart the session started the session up more than 5 at one point. Only a few days ago, we were wowed when the tenure went through 1 . It is hoping to hold know that it is approaching 1 again. The dollar stronger today. Below 107 on the yen, 106. 94. We will be speaking with john taylor of Stanford University in just a moment. Guy this doesnt even feel like a dead cat. It feels like a dead kitten. The equity markets are bouncing, but not much. Europe is off its session highs. Relative to4 , but the biggest move ever to the downside yesterday, that doesnt feel that impressive. Trading at 307. A lot of action in the german 30 year. You are seeing bid offers tightening up a little bit. Thats good. Liquidity may be starting to come back. That was certainly a focus for the fed yesterday. What is interesting as well, the bdp market is on offer again. We started to see yields coming back down again after yesterdays christine lagardeinduced move. That
Enthusiastic audience, im sure. We ask you to be respectful, remind everyone that holding up signs or making verbal outbursts is disruptive and appropriate action will be taken if need be. This morning, we have a hearing on a matter that is really of pressing National Security importance. That is the relationship of the United States and for that matter the world with iran. This hearing is intended to do three things. Number one, we will consider the facts behind the maximum Pressure Campaign against iran. We will examine the elements of irans necessary Behavioral Changes that would satisfy u. S. And the worlds National Security interests. And thirdly, assess irans willingness to behave as a responsible member of the International Community. Their pursuit of regional domination following 1979 revolution transformed the fabric of the middle east. Dangerouslyregime weaponized religion against its neighbors. The regime triggered a sunnishieh war, threatens to unravel the greater middle ea
Foreign Relations Committee of the senate will come to order. The chair would note we have a full house today and an enthusiastic audience, im sure. We ask you to be respectful, remind everyone that holding up signs or making verbal outbursts is disruptive and appropriate action will be taken if need be. This morning, we have a hearing on a matter that is really of pressing National Security importance. That is the relationship of the United States and for that matter the world with iran. This hearing is intended to do three things. Number one, we will consider the facts behind the maximum Pressure Campaign against iran. We will examine the elements of irans necessary Behavioral Changes that would satisfy u. S. And the worlds National Security interests. And thirdly, assess irans willingness to behave as a responsible member of the International Community. Their pursuit of regional domination following 1979 revolution transformed the fabric of the middle east. Dangerouslyregime weaponi