Joe nowhere to hide. Really ugly back to back days to start the week. Scarlet there are plenty of places to hide. Joe 10 year treasury, swiss franc. Scarlet japanese yen. We can go on. Two charts to put this risk asset selloff in perspective. This is very simple. On bottom, bonds of top the one asset class doing well over this time period. On bottom, we have crude, copper. In white, the s p 500 down 6 . Composite in blue, down just 0. 75 may be a benchmark here. 500reason to think the s p will join the dow transports. The 200 Day Moving Average in yellow. On friday, you can see the dow transports going right through the 50 day average. When the dow transports in the past has gone below that 200 Day Moving Average, there has not been an exception. This chart would suggest more term,at least in the near for the s p 500. Worstooking at one of the performing sectors in the s p 500. 4 , theals down about worst slide since 2011. That is as fears of the coronavirus continue. One of the larges
Spirit away to help keep the crisis new cocktail is flying off the shelves but its not intended for drinking. Im told me a logical welcome to the program italy is reporting more deaths from corona virus than any other nation in the world including china the original epicenter of the pandemic at least 3405 people have now died from the virus in italy the country has recorded over 41000 infections the region of la body is the worst hit so many people have died there in recent days that symmetries on no longer able to cope. Theyve had to call in the army to help move the dead. This is the worst hit area of what is now the country with the most covert 19 dead. And its least lombardy region. Those trying to help the living are struggling to cope. Well working in a state of very high stress and tension psychological stress has gone through the roof unfortunately we cant contain the situation in one body theres a high level of contagion and were not even counting the dead anymore. Look at the
Top story from europe for you the e. U. On the rails its 1st climate law aimed at making europe the 1st Carbon Neutral continent by 2050 but activists saying it fails to address the urgency of the Climate Crisis. And in sport olympic organizers insist the cancellation of joyce tokyo games isnt even being considered the torch relay through also set to start this month despite the corona Virus Outbreak. We begin with the latest on the diplomatic tensions involving turkeys intervention in syrias war the European Union Foreign Policy chief has met turkeys president and foreign minister and. Says he told them the situation on the border with greece is unacceptable. Increased pressure for the European Union turkey border and unilateral actions. Not bringing any budget eventually end up being in benefits to anyone. Like a country can only create problems and made the situation worse and they want who is who will pay the price. People to Syrian Refugees from migrants. Turkey and greece a tradi
Desperate need of aid. The last 2 years long time rivals battle it out in the euro qualifying rounds tonight to germany take on the netherlands. To. Was. The arab by Helena Humphrey glad you could join me zimbabwes former president Robert Mugabe has died at the age of 95 nearly 2 years after being forced to resign mugabe was zimbabwes 1st post independence leader and many remember him as the countrys liberated and during almost 4 decades in office he ruled zimbabwe with an iron fist crushing dissent and laying waste to the economy in a moment well hear what life was like on the mugabes regime with our africa news anchor christine one wa. But 1st this look at his complex legacy. Robert mugabes political career began in the 1960 s. With the formation of a radical anti colonialist movement dedicated to fighting white minority rule. After zimbabwe became independent 988 elections were held and Robert Mugabes zanu party won by a landslide. Gobby became the countrys 1st black Prime Minister
A special report from our correspondent on how the Communications Blackout is impacting medical services a life and death matter for patients in need of urgent care. Plus 2 long time rivals battling it out in the euro qualifying rounds tonight germany take on the netherlands well go live to the venue. Im helena home for glad you could join me. Zimbabwes former president Robert Mugabe has died at the age of 95 nearly 2 years after being forced to resign mugabe was involved ways 1st post independence leader many remember him as the countrys liberator but during almost 4 decades in office he ruth zimbabwe with an iron fist crushing dissent and laying waste to the. Anomie now in a moment well hear what life was like and demagogue his regime with africa news and christine one while but 1st this look at his complex legacy. Robert mugabes political career began in the 1960 s. With the formation of a radical anti colonialist movement dedicated to fighting white minority rule. After zimbabwe be