Slowing. Is said to be china is trying to funnel more credit to private companies. We will assess the implications in beijing. A quick check of our markets close in the u. S. It was a bit of a mixed picture. We saw the dow gained 50 points. The s p 500 erased this mornings gains. Fed officials with a little bit of caution about future rate cuts. To mention we have some soft manufacturing pmi numbers. That did not help sentiment. Cared materials and Health Leading the declines after fluctuated between gains and losses. That fell 0. 4 . U. S. Futures at the moment not doing much. The focus right now is on jackson hole. Lets see how we are shaping up. Steady as we go. Asian futures not doing much when it comes to the potential for how cash trade may start. We are waiting for cues from jackson hole as well as the g7 meeting this weekend. We also have today a busy day of earnings from china as well as from hong kong. We are going to get a cbi data from singapore. Thise checking on the end m
Explain the president s order and how it will bring down prices. Sec. Azar i think we will look back at this executive order as one of the major fundamental ships in American Health care reform that we will have ever experienced. For your viewers and folks like us who understand markets and customers, you cannot have a market without price and quality information. Ist the president is doing ordering us to have hospitals disclose information based on their negotiated rates they have been consumer friendly, machinereadable format. The is making us put out requirements so Insurance Companies give you the patient information on the list price, the negotiated price, and your expected outofpocket before you go to the doctor and before you go to the hospital so you can make an informed choice. David that sounds good. With marketsal believe in markets based on the transparency of information. As a practical matter, these things can get complicated. How are we going to make sure the information
francine lacqua will be with us from the world economic forum. if you look at g10 currencies, the aussie, the best performer is pulling back on bets on interest rate cuts. a signal from the bank of canada on easing. central banks even as we have ripples across the market because of concerns around the coronavirus. speaking of the impact, in the asian session we saw weakness, stocks resuming their decline with chinese stocks bearing the brunt. u.s. futures have been more contained, they were lower in the asian session. touch 1.70. will we get there on coronavirus risks? oil is extending declines from a slowdown. brent at 62.45. we will hear from thomas jordan from davos later this hour. let s get the bloomberg first word news from new york. the spread of the coronavirus, china is locking down a city of 11 million people. officials halting travel from wuhan. today the world health organization is expected to decide to declare a public health emergency. in the u.k., a step c
Him stay in power for nearly forty years the war veterans have called for an anti mugabe rally on saturday because of this sordid it would be an equal an acknowledgment in the plunder you. In the madness sheer madness this wave what were going to prove that will be the problem. Is that when people are up to. We dont want to be responsible for the road but what you assume is recently a message we want to try. And organise the Money Movement the war veterans are important in the countrys power structure this is an obvious leader and his wife grace have gone to the firing of former Vice President m s m n n gaga and his supporters and get them there making it clear grace and affection called the g forty in the rulings on appeal if or never be in power the first lady. Wasnt at the Graduation Ceremony will be kept thousands of graduates if the plan is to carefully manage president its a. Transition of power in the process may not be quick has led zimbabwe since one thousand nine hundred eigh