As the outbreak crippled. Ctivity Saudi Arabia Oil export to day. D 10 Million Barrels a determine withts get you set up quick check of the markets. We are seeing u. S. Futures under pressure at the open. This after stock markets. Ebounded we have s s p 500 really moving green after we heard that the fed was commercial paper facility and additional move the we havent seen since financial crises. We are just getting more details from the fed. Establishing primary deal credit mentioned, were also getting a Deal Offering and funding. Rate. Te matching discount it will allow primary dealers to support market functionality. From jae powell saying thats what the fed was focused on which is restoring normal function in this dysfunctional condition. The fed saying that primary deal Credit Facilities established section 133, saying that available for at least six months from now. March 20th. Le starting on maturities up to 90 days. Were getting some of that on thecoming through latest effort by
End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts are expecting 30 oil prices again, near the lowest level over the past two decades. One analyst said he sees pot
The pullback overblown . A change at disney. Bob chapek becomes ceo immediately. Bob iger will remain chair and continue to direct creative endeavors. Another bloody day in the markets on the back of more bad news on the coronavirus. Watching the edge of another cliff. No surprises for how we are set up for this wednesday trading day. New zealand already off by almost 2 futures. Here in sydney, poised for another drop. Asx off this week. A couple of things to watch out for when we do get going, Virgin Australia announced a firsthalf loss of 97 million. We are also expecting rio tinto earnings after the close. Nikkei futures off about 1 5 of 1 . A quick look at the currencies. The aussie dollar did briefly dip below . 66. It is just holding on above that level them. The yen continuing to strengthen. A little bit of a rebound but not much in the 10 year as well. The u. S. Centers for Disease Control and prevention is warning americans to prepare for the coronaVirus Outbreak at home. It i
Facing. Really reminiscent of that merce outbreak in 2015. We saw that 10 billion extra stimulus package back then. Because of this, we are seeing the markets under pressure, but one exchange that im watching is small caps in china. Actually at the highest level since october 2016. We have seen those pboc Monetary Policy measures. Not to mention more news that china could be taking over a hardhit industry. Lets get a broader check of the markets with Sarah Ponczek. Pretty much Everything Else is now trading in the green as the trading session does progress. We have seen markets turn lower under further pressure. 0. 2 but still on track for its best week since june. The hang seng now down 1 . Many times this week we have seen the benchmark approach 50 day moving average, but we have seen it fail as we have seen today. The nikkei roughly flat, but modestly lower. After trading as high as a half percent early on. Then we see the south korean kospi and underperform her across the region on
America deserves a president who is as resilient as her people. 2020 is our time to change who makes the rules. The election is just too important to get it wrong. Theres no limit for the next four years. Together we have built a movement. We organized unite together. We are here and we are strong. Live from the gillard center and South Carolina. This is the cbs news democratic debate. The candidates for the president ial nomination. Good evening and welcome. The democratic president ial candidate primary. Super tuesday is just a week away and this is the biggest primary day of the year. As voters in 14 states cast ballots and many of them tell us they have not actually made up their mind. This debate would you think about it tonight may be the last best candidate for the candidates to make their case to South Carolina and super tuesday voters. A Nonpartisan Organization committed to educating voters and training political leaders. How do you do that. Send us your questions on twitter.