Nasdaq hits an alltime high as a combined value tops the gdp of the worlds thirdbiggest annomy, cash trade is just hour away. Here are your top headlines from the bloomberg terminal. Trump says tiktok must close its u. S. Operations by sold. Ber 15 unless it is he insist any sale must include a substantial payment to the u. S. Government. Global equities trade makes after a tech surge sent the nasdaq to a record. Isn amid a positive u. S. Pronounce and hinge from trump as he could face executive action on fresh virus release. Results easing continues infineon. The buyer warrants that the pandemic has stunted demand for nonessential medicines. We wait on numbers and it looks like we are getting numbers from British Petroleum right now. Annmarie, what do you see . Annmarie the dividend to the oil make it maker is cut. This is the First Time Since the bp oil spill in 2010. A historic moment in some senses for the oil giant. , 5. 25. Quarter dividend 10. 5. Second quarter came in at 6. 6 1
Defense department. This is live coverage on cspan 3. Mr. Louis bremer to the assistant secretary of defense special operations. We thank everyone for being here today. Briefly say who these people are and i think we have a great bunch that is certainly qualified for the admissions that theyre nominated for. Mr. Abend, youre presently the southeastern adviser to the u. S. Customs and Border Protection and you have extensive experience leading the investigations part of the Inspector General offices for the federal Housing Finance agency and the u. S. Department of housing and urban development. Youve been former secret Service Agent with in the winter of the 2015 council of Inspector General award for excellence. Mr. Hansell, you are currently an associate director of the Boston Consulting Group in its north American Public sector, having previously served as the special assistant to the president for National Security affairs and a senior director for national threats, transnational t
To gains ahead of todays fed decision. Investors consider the possibility of a return to 1930s era yield curve control. Kowtows. Teaus mike pompeo accuses a company of bowing to beijing. A top investor adds its voice in the rebuke of hsbcs decision. Time is running out. Cerberus is tired of waiting for a turnaround at commerzbank, calling the banks performance an abject failure, the activist investor seeking two seats on the Supervisory Board to turn things around. We are just an hour away from the cash in europe and the u. K. Let us take a look at futures first. We have turned from losses to gains, now looking at green arrows on european futures after dropne to two plus percent we saw in cash trade yesterday, we are also looking against in u. S. Futures, right now 0. 5 , no matter which contract you look at across the dow, the s p, and the nasdaq. Anna . Of breakingle bit news coming through on the spanish clothing retailer inditex. Delaying its dividend for 2021, but we are waiting f
And infections surge around the world with outbreaks and 65 countries. Withe a 50 jump in cases 34 people know dead. Well, what a day. Take a look at markets right now. Lets start with bonds. Were going to take a look at the aussie three year, hitting a record low at. 35 . The aussie 10 year, pretty weak. The new zealand 10 year also slipping. Were seeing yields on bonds falling to levels previously unseen. Barrel. Ude 49 a wti is below 45 a barrel. Lets check in on currencies. Dollargot the kiwi trading like this. Coming in betterthanexpected , 2. 6 . But this predates the coronaVirus Outbreak. Weve seen exports rise in new zealand to 1. 7 . The yen was a big mover, strengthening 3 against the u. S. Dollar. That trend looking to continue. A 54ussie dollar has handle, and that happened after we got those absolutely shocking pmi numbers out of china for february. So, hows that setting us up for Equities Trading around the region today . New zealand up and running and off 3. 2 . We have
A little bit of it is a fed hangover as people try to figure out what happens. A lot of it has to do with commodities, which we will get to in a moment. The question in investors minds turned to what is the fed going to raise to how quickly are they going to continue . Lets go into my bloomberg terminal and look at swaps. This is the historical curve going back to last september and here is what it looks like now and goingg around 1 all the way to 2 in three years time. A little more of an aggressive curve than what the fed itself has been signaling. Still relatively gentle in terms of its trajectory of increases. An interesting move in the treasury market as yesterday, we saw moves higher and today, they are coming back down. We are hearing from Market Participants that theres a lot of demand for treasuries as the curb curve looks to be relatively benign. Bill gross coming out and saying we are not going to see any inflation here, so that would support the idea of yields coming down a