Hit in the rocky base housing u. S. And Coalition Troops killing 3 and ensuring many more. Has announced travel from europe to the u. S. Will be suspended starting on friday for 30 days and order to fight the corona Virus Outbreak the unprecedented restrictions do not apply to the United Kingdom though the president made the announcement in a National Address during which he accused the e. U. Of not responding quickly enough to the virus taking early intense action we have seen dramatically fewer cases of the virus in the United States than are now present in europe. The European Union failed to take the same precautions and restrict travel from china and other hot spots as a result a large number of new clusters in the United States were seeded by travelers from europe hours earlier the head of the World Health Organization described the outbreak as a pandemic for the 1st time expressing alarm at the spread in the severity of this disease Johns Hopkins university in the us says infect
Neil. Well, you said it when you set this up at the top. The conversation here on the floor has surpassed this notion of correction which the markets have gone straight through, but now traders are talking about bear market territory. That would be a 20 decline from alltime highs. Theyre saying they hope it doesnt happen, they hope maybe a bottom is set here today. The problem is theres just so much uncertainty, and we dont know where this whole situation is going to go. You know, the comparison has been made to the financial crisis, but there was an orderly process, right, between the government and the banks that stepped in to try to work on things. There was some uncertainty, but people were working on it. With this, were not sure how bad it can get, and thats whats spooking investors. Now, the s p 500 entering correction territory, it only took six days to get there. That is pretty staggering. The last high that we saw was on february 19th. Its been the worst trading week since tha
Of the west to resolve the conflict, and even on the contrary, according to the head of the foreign ministry, there is a desire to continue to achieve russias defeat on the battlefield. At the press conference, lavrov also commented on the scandalous transcript records of highranking german officers about the attack on the crimean mostol. We have recently witnessed facts that have come to light in the confrontation between chancellor scholz and the bundeswehr. About some cunning plans of the bundesfer, which have now become apparent, from the publication of this audio recording about how carefully they are preparing an attack on the crimean bridge, on other objects, especially ammunition depots, and most importantly, how they definitely want to deceive everyone, so that they think not about them, but about the americans. British because they are already there, well, this is generally a blatant selfexposure, of the same level, only in the military field, this is the same selfexposure as
Alan joyce. From a one headline monthly job report can reverberate, not just through stocks, bonds, currencies in the u. S. , but around the world. Wages accelerating, the rate hikes accelerating not just from bonds 8 but for pure but 4 . It was the move down and stocks that caught everyones attention and makes us wonder how this carries through in asia. Typical big story in the u. S. , but anyone watching markets, i am serious, this u. S. Baton has been passed Asian Traders and they will determine what happens next. Yvonne i think there is still some time between now and the game for us to talk about what is happening. Of mentioned a little bit equities, that could do some damage in asia. Kathleen how about halftime, you can watch Justin Timberlake and us too. A new round of earnings come big focus on bonds will dominate wall street this week. Su keenan is here to wrap it up. Bull story,bond stock bulls rattled by fridays close. Lets check it out, 666, an ominous number. In two weeks.
This is daybreak asia, coming to you live. I am betty liu in new york. 7 00 it is just after a. M. In hong kong. I am shery ahn. We are seeing geopolitical tensions being great for Global Markets and volatility retreating as well, but i guess the key question is whether President Trumps new actions on china will in fact stoke more trade tensions. Betty we have not seen that affect the markets before, but who knows . The markets are even more jittery these days. It seems like you cannot make sense of what headlines will move what index. You may as well follow buffett. Im pretty confident you will make money if you follow him. Our sources talk more about that story. Shery with the rally here, we are setting up for a bullish trend in asia. Betty that is always good advice, isnt it . Always follow buffett. Out onseeing korea Independence Day and usually around this time, we could have further escalation of tensions. So far, as he mentioned, the market seems to be weathering all of that. Ne