Prices. A new study warns japan is facing a double digit contraction in the coming months as the coronavirus pandemic slows the economy further. Shery lets get you started with a quick check on how markets are trading. We are seeing key restocks gaining ground for a third consecutive session. We have seen the rbnz come out and say it is open to increasing the size and scope of its program. We are seeing further upside in trading. Nikkei to futures up. 2 . U. S. Futures under a little bit of pleasure but this of course after closing at the highest level in a month and also entering a bull market. Up more than 20 over its recent low. Wti also gaining ground, up more than 4 above that 26 a barrel level. We have seen a little bit of fluctuation in the oil market. We are headed to the opecplus meeting on thursday. President trump says there are of to slow the spread there are signs that the virus effort is having an impact. In his daily coronavirus briefing, he lashed out against the World
Reported. New york state reported its highly daily death toll highest daily death toll yet. President s briefing will start at about 5 30. U. K. Prime minister Boris Johnson remains in the icu in the british hospital for the third day in a row. And nasdaq are climbing today. I want to bring in keith. One day is up, one is down. The only thing we know for sure is the daily case counts. What indicators are you watching to determine what kind of day its going to be . Keith its amazing, the daytoday swings and the volatility. Weve seen since chutess are some green shoots. We are watching search interest in real time to see if there any indication of that picking up, and weve seen that come down week over week. Has positive development come against Monetary Policy that is just quite extraordinary, where the feds increase in Balance Sheet of near 1. 5 trillion would have boosted valuations in our framework by quite a bit. Served against a backdrop of very underweight positioning, where inves
Quarter net profit at around 1. 5 billion dollars. The dividend for 2019 will be paid into stages. Rival Credit Suisse will delay half its devin. Welcome to daybreak europe. As we head toward the long easter weekend, all states warning the Global Economy facing a 5 trillion hit over the next two years, greater than the output of japan. And they say global output not return to previrus levels until 2022. , futures have been moving around a bit overnight. Were seeing a bit of green on the screen in asia for the fourth session. A bit of a mixed picture. The 10 year yield dropping almost three basis points. Foot, and front russia said it is ready to put it screwed output by about 15 payment lets get an update on the coronavirus, claiming another daily Record Number of u. S. Ms in the the global tally now stands at more than 1. 5 million infections and around 88,000 deaths. American expert anthony found she said the stoxx the start of a turnaround could come after this week. Ross, great to
Tonight hollywood behind bars the former movie producer Harvey Weinstein sentenced to 23 years in prison this is what justice looks like 23 years. Sentenced. Weinstein has been convicted of rape and Sexual Assault in the case that marked a major turning point in the me too movement plus a tellme coming to terms with a horrific act of violence the residents of germany say fear has followed in the wake of a racially motivated terror attack that left 10 people dead. Its good to have you with us it is now official the World Health Organization today said that the spread of the new coronavirus. Has become a pandemic meaning its an epidemic on a bigger geographic scale and one that affects many many people the w. H. O. Has been reluctant to call the virus a pandemic concern that the label would only increase fear. Deeply concerned those might be a lot of mean levels of spread and see very easy and by the alannah mean a levels will be an option. We have that fota made the us system and that 1
Plus 3 years. Sentence weinstein was convicted of rape and Sexual Assault in the case that marked a major turning point in the mean truth. And returning to the scene of a crime will hear from a survivor of his worst of terror attacks and find out how she copes with the trauma find years later. And d. W. Catches up with the Research Ship thats been adrift in the arctic for months on a mission to learn more about how Climate Change is affecting our plants. To our viewers on p. B. S. In the United States and all around the world welcome it. It is now official the World Health Organization today announced that it now regards the spread of the new corona virus as a pandemic meaning its an epidemic on a far greater geographic scale that affects a large number of people of the w. H. O. Had resisted calling the virus pandemic until now but its director general today said that the spread of covert 19 across more than 100 countries means the virus requires a new label. Deeply concerned mos might