They are maintaining well above it. 30 years were at 69 basis points last week. 137. Hey are at we are seeing some recovery perhaps in the treasury market, and that is good news. Alix but a lot of criticism has been the fact they didnt address the commercial papers market, exactly where the help is needed the most. What are the steps they can take to address that . Michael they could set up a special Lending Facility to buy directly. That may be coming. Jay powell was asked if there ree actions th coming, and he said we are not ready to announce that. Are there no swap lines for the pboc . Theres a story floating around that once the feds its arthur dollars why have got swap lines with all the Central Banks, but not the chinese . Michael i would suspect probably because the chinese yuan is pegged to the u. S. Dollar. Dont know how much of a dollar problem they have. Theres always a rumor that the chinese are going to sell treasuries that never really comes true. Where we do see problem
Goldman says the coronavirus will hit prospects for copper, as Chinese Industrial action is in significantly below capacity. Anglo american starts a busy week for commodities earnings today. The curse of monsanto. In the midst of the roundup scandal, bayer faces a potential multibilliondollar lawsuit over a second weedkiller it inherited in the 2018 chemicals megadeal. Just under an hour away from the start of cash Equities Trading across europe. We will take a look at futures this morning. Acrossseeing gains europe and u. S. Futures. We still have a wild to go until the u. S. Opens, but we have decent gains in europe. Dax of more than one third of a percent, ftse futures up. 25 this morning. We also seeing gains in the u. S. , although we have solid a seven a solid seven hours until he open up over there. And dows p, nasdaq, jones futures all gaining this morning. We have breaking news on china. China is delaying its annual npc npcing according to chinas going to review the possibilit
One fire is threatening the Ronald Reagan president ial library. Unprecedented extreme red flag warnings have been issued for much of the state. More on our website bbc. Co. Uk news and the news app. Now on bbc news, live to singapore for Asia Business report. Markets for Asia Business report. Cheer as the fed cuts agi wall markets cheer as the fed cuts again. Wall street closes higher after the Us Central Bank lowers rates for the third time this year. The sun shines on silicon valley. Us Technology Giants apple and facebook give investors plenty of reasons to celebrate. Welcome to Asia Business report live from singapore. Lets start with the World Economy because the Us Central Bank has cut Interest Rates again, hoping to shield america from the impact of trade wars as well as the global slowdown. The Federal Reserve lowered the target for its benchmark rate by 0. 25 . This is the third cut injust four months. Rate by 0. 25 . This is the third cut in just four months. Wall street wel
Down on the volume product in offshore. And alls ton looking at its restructuring plan. The german carmaker battles against climbing costs and weaker tee manned in china. And swedens Central Bank Lowers rates by 25 basis points, flagging two more cuts are on the cards in the second half of this year. Good morning once again. Welcome to street signs. As we mentioned, its a big day in europe. Weve got some outside moves across the board taking a look at Siemens Energy, shares up almost 10 after strong earnings and alston and german sportswear giant puma all on the upside here you see this leadingthe food and beverage sector, shares up 4. 5 we do have a downside. Bmw and skanska down just over 2. 5 bmw down pretty much 4 right now. Were going to bring you all the details throughout the show, but first lets focus on Siemens Energy its raised its full year outlook on the back of a Strong Demand for power grid equipment in the second quarter, the firm now expecting revenues to rise between 1
Well, agree, its not bad, it even looks beautiful, i tried vasyl, you know what to find, how the minister of Foreign Affairs of russia Sergey Lavrov sang podmaskovnye vechera, and a few years ago, i searched, searched, searched and did not find it, i just wanted to compare how it is it looks, i did not find it, if i find it, i will show it to you in some others. My mother used to sing on the guitar, yeah, we wont remember yanukovych with his guitar, but it was cool, by the way, i listened to the whole composition when the secretary of state spoke, very, well, very cool , its very cool, and very cool for the fact that they continue to help us in our fight against the russian aggressor, well, for today i have everything is in the section world about ukraine, everything is only for today, tomorrow there will be more and more will be further on the Big Broadcast with vasyl zima, so do not switch. Antwerp miner on mego. In the matches against the belgian champion, the miners must score maxi