Cable. T to highlight you could argue we are not really going anywhere. Poin the 50 basis point cut to be already priced in. We get more coming out today on the 10 year. Yields down by about 10 basis points. Crude continuing to rollover. Time now for global exchange, where we bring you todays market moving news from all around the world. From london to rome, to hong kong and new york, our bloomberg voices are on the ground with this mornings top stories. The bank of england cutting rates to help keep credit flowing amid Economic Uncertainty over the virus. Bank of england governor spoke earlier in england. Carney the bank will take all necessary further steps to support the u. K. Economy and Financial System consistent with its statutory responsibility. Ago, that was a few hours and then we wait for the budget. Absolutely. A fine display of cooperation from monetary and fiscal actors. Weve heard from the monetary side. We wait for this fiscal side this morning, coming around an hour an
E u. N rushes say its sabotaged and want answers and hurricane e and rips into the u. S. State of florida flooding, inundate cities, the power goes out from millions of residents and Authorities Say the worst is not yet over. As the storm slows but brings more rain ah hello, im terry martin. Good to have you with us. The kremlin says russia will formally annex for ukrainian regions as its own territory. To morrow. Moscow claims the occupied eastern regions voted to join the Russian Federation in so called referendums, which were dismissed by the west as a sham, United Nations says any annexation would violate International Law. Stage has been set up in moscows red square, where the annexation will be celebrated on friday. President Vladimir Putin is planning to give a speech following a signing ceremony with separatist leaders, who all are already in moscow. Russia last annexed the ukraines crimea peninsula through a similar process in 2014 t w, correspond mathias putting. It is in the