Hundred and sixty two people lost their lives covered nineteen of the twenty four hours these guys include hundred thirty. People who in that. Call with a pad hit france its c. From the chief health she home selling. Local the van over the law twenty hours to hand and seventy and you have been admitted to any types of cat. Thats a bit more than yesterday however for the six day in a row more people with the stars and then mrs today by ninety one people. It seems off you people intensive care even if they numbers were. But i crazy today. Johnson on the chief medical officer he and the north paris. Of st and any the scene what experts. To just. Number of covered nineteen deaths the reason remains unexplained by doctors. And lists to what a well known. In the Area Charities the stepping up their efforts to meet goals but its okay for. Before you retire this. This. Is located in the paris the sandbox analysis yushin it. By the grace of our pandemic i think he said it damaged almost increas
The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession since the 1930s. India is set to extend its current 21 date lockdown to the end of the months to allow more time to evaluate the spread of the infection. The Prime Minister said the government has adequate supplies of medicine and protective gear for frontline workers, adding that the next four weeks will be critical. The virus is ad social emergency. In hong kongals are facing a pay cut. Announced new stimulus. The additional spending accounts for double the projected government budget. The ph
Just three Industry Groups are higher, and really, the highest among them are the food, beverage, and tobacco index. Mainly, the banks are lower by 2 , consumer durables down by 2 . Everything else down 1 or more. The 10 year yield at 57 basis points. I mean, essentially, the market is taking this really dire labor number very well. Down seven for the month of for the down 701,000 month of march. Was weeks before the mandated quarantine for many, so we know this is going to get worse. 26. 89, reflecting the mood between the president and russia and saudi arabia. Russia said it never saw prices going to 20. The dollar index at 100. 7 right now. An eye onant to keep that. The dollar continuing to be something of a stress point and a little but of a tell on these markets. U. S. And european stocks are down hard. We know that your to date. The s p down circa 20 . The stoxx 600 down 25 . A lot of people asking the question, is now the point at which longterm investors should be looking to r
Markets i treasuries as well. The aussie 10 year yield down 16 basis points and money rush into the end. Oil in a bit of a freefall once again. Brent crude down more than 6. 5 . We areke below 20 and watching indonesia here in particular just coming online. The stock index drops re. 5 . Once again, we are seeing a lot of these em volatilities, back once again. We are watching the pboc after that interesting move to cut the seven day repo rate by 20 basis points so they are joining in on the stimulus ways. Lets get more on this with david ingles coming forward. We are watching u. S. Futures in particular continue to head lower. Lets start with the 7 billion injection into the system. I mean, quite a bit. David yes. A couple of things i guess to get out there. You dont normally see a reduction of this magnitude from the pboc. You also have to consider the fact that we know the economy is not doing well and in fact, the latest forecasts now suggest quarter on quarter, you take the median.
Necessary and has called for an urgent meeting of the g 20 promised to modi is carrying it to organize i link up between all the g 20 leaders i think thats i think thats a Commendable Initiative the struggle obviously supports that and even more agent maybe that would be needed would be a further meeting of the g 20 finance ministers and Central Bank Governors this is a Health Crisis but it has very serious economic impacts. In new zealand the number of people infected has gone up after a person traveled from australia despite having tested positive for corona virus itself isolation period of 2 weeks to travelers entering new zealand has come into force but those coming from small South Pacific island countries with no reported cases are exempt were going to step out there of course meant things like spot checks to ensure people are self isolating and if you dont like there are quarantine powers to us and on new zealands east coast passengers on a cruise ship docked in akaroa town are