Let me also make a few reminders for these members appearing in person. You will only say members and witnesses appearing remotely on the monitor in front of you when they are speaking and active speaker view. A timer is visible in the room directly in front of you. For members appearing remotely i know you are all familiar with the webex by now but let me remind you of a few points. First you will be able to see each person speaking during the hearing. Whether they are in person or remote. As long as you have your webex set the active speaker view. If you have any questions about this please Contact Committee staff. Second, we have timer that should be visible on your screen when youre in the active thumbnail view. The house rules require we see you so please have your cameras turned on at all times. Fourth, members appearing remotely who are not recognized should remain muted to minimize background noise and feedback. Since i will recognize members verbally and let members retain the
Well despite the fact that we speculative trading should be curved up, well see how yum china is doing but a muted debut so far here in the city. We are expecting a Bank Decision highly expected to stay on hold here today. Also with the ecb as well. Watching the euro very closely. Did gain yesterday on the back of a report that some ecb officials having a little more confidence in the recovery from this pandemic ahead of its policy meeting. Theyre likely to hold. Well see what they say about the strength of the currency. 118 for the zero dollar. Pound still under pressure here. Things like the seems like the e. U. May be take manager Legal Proceedings or measures here to stop the withdrawal from this deal that Prime Minister Boris Johnson has been play to play out here. Your indonesia rupia as well. Recovering a bit on concerns about the Central Banks independence. Government think ceying it was opposed to the plan of a monetary board being set up at b. Y. Well dig deep beer shah in a
That is where we are at the moment. Another down day for crude. Brent also down. Tom lets get more analysis on the market. When you look at what happened with help things are playing out in asia, is it taking offer a stellar quarter . Probably a bit of both. Concern withys the cases we have seen. In cases like texas. They have a bit of a crisis going on there. The fact that new york, new jersey, and connecticut have now set a quarantine for people who travel from these hot zones and the rest of america. Imposing an economic constraint. They are worried there will be another abruptness to this. That the Economic Growth that america had. In states of new york, when they take this action, that is a worrying time. That would hurt businesses on a much bigger basis. That is what wall street is concerned about. The hit to the economy. There has been talk the u. S. Government is getting ready to do a fourth round of fiscal stimulus. There has not been any details yet. The market would be conce
A new era of private Space Development lies over the rise and what the future holds for the growing sector we have an expert panel standing by with a pack show today so lets dive in. And the eurozone economy is doing worse than initially expected facing a recession as bad as the European Central banks worst Case Scenario according to e. C. B. President Christine Legarde now economic output in the block is said to contract between 8 and 12 percent this year old guard pointed out a previous estimates of the milder downturn are now out of date the e. C. B. Will release official projections for Economic Growth and inflation in the block and next week meanwhile the European Union on wednesday proposed a 750000000000 euro recovery package to help Member States deal with the recession brought forward by the ongoing coronavirus pandemic president of the European Commission spoke about the situation. A must be to invest together and our common good. We will be bold by raising unprecedented amou
Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. This is the one business show you cant afford to miss friendship or in washington coming up the e. C. B. Is forecasting a major hit to the eurozone economy due to the cope at night outbreak and this comes as the European Union is i. A major stimulus package to save the regions economy and if the coronavirus continues to pound brazil as the latin american giant is now the new epicenter of the virus we breakdown the told the disease is taking there and around the globe and later. A new era of private Space Development lies over the rise and what the future holds for the growing sector we