Leading the way. We await any kind of agreement out of g20 Energy Ministers meeting tomorrow. Vincent absolutely guy absolutely. I think it is going to be absolutely fascinating today and tomorrow. Where are we in terms of expectations from the market . I hear anything less than 10 Million Barrels a day in the market is going to think that aint enough, and as a result of which, we could see crude, which is catching a decent bid right , coming off a bit. I think youve got a whole bunch of things still coming towards us. Jay powell is going to be speaking very shortly. I guess hes got a bunch of questions he needs to answer. It is getting awfully comp located in terms of the number of fed programs out there awfully complicated in terms of the number of fed programs out there. Normally you probably sell a bit of risk going into the weekend. That is not happening. Keep an eye on the norwegian krone, heavily geared towards the oil price. Eurodollar trading 1. 09. The dollar under little bit
Plea for the federal gornment to do more to control this pandemic it comes as United States reports the countrys highest singleday death toll from coronavirus good evening. Thanks for joining us tonight, im ken wayne and im pam moore more than states are now under stay at home or shelterinplace orders but. The president says a National Stay at home is unlikely. We continue to do our part to kron 4 with social dtancing here in the studio and Health Officials want us all to do the same in the last 24 hours more than 900 people in the u. S. Have died from coronavirus the death toll for americans. Is now more than 5100. And if the Coronavirus Task force projections are correct that number will multiply at least 20 fall there are more than 213,000 cases in the u. S. With more than 9800 here in california. Around the world more than 935,000 people have been infected and more than 47,000 people have died. Th is all according to Johns Hopkins universitys coronavirus tracker map the ongoing out
Between 5 and 7 . That kind of sets you up for your morning. Dollaryen, safe haven bid full in play. The yen and this was see the safe haven of choice. The long end of the curve taking more of that safe haven demand. Crude rolling over now. You have the virus, what is happening between opec and russia, and now a travel ban, which is going to destroyed jet fuel demand. Really taking it on the chin. Time now for global exchange. We are going to bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with all of this mornings top stories. We begin in washington, where President Trump suspended travel from europe for the next 30 days, effective friday at midnight. The been excludes the you could the ban excludes the u. K. Pres. Trump to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days. The new rules will go into effect friday at midnight. Alix joining me as kevin cir
Zero, in an attempt to save the u. S. Economy from coronavirus fallout. But the markets are not impressed. Yields fall off a cliff and futures trade limit down. An historic slump in east asia. The Economic Impact of the virus is laid bare by the latest data from china. Retail sales, fixed investment, and industrial al output all plunge. And europe widens its lockdown. Cases across the continent surge as the government shuts down the borders in europe. One aviation consultant says the new no travel norm threatens to bankrupt most airlines by may. We are getting headlines out now from Fiat Chrysler, saying it is going to halt its facility, shut down factories in syria, italy, and poland. They said those factories will probably close this month. We already had headlines from ferrari saying they would shut down production. And maseratiysler, will suspend all production in europe. This is in response to the spread of the coronavirus. It is important to keep social distancing when you are wo
Ease concern over coronavirus. 1 10 year yield falls below for the first time in over 150 years. Uncoordinated action. Other g7 Central Banks are yet to follow suit, though expectations for the central bank of canada, japan, and korea and furtherrowing to fall. Scott meinhardt said u. S. Equities could slump another 15 but a surprise come back for joe biden on super tuesday cease turn positive. Speaking of the biden news, we are getting a breaking headline on the bloomberg terminal that joe biden has won the Texas Democratic president ial primary, state that was expected to show strong support for Bernie Sanders, has gone instead for joe biden according to the associated press. Of super tuesday for joe biden. A contender who had almost been counted out after the initial caucuses, coming back in a big way after getting endorsements from Amy Klobuchar and pete buttigieg. Matt, lets go from the United States politics to Money Management in the u. K. Breaking news on the uks largest manage