Was with bill winters of Standard Chartered who saw first hand what was happening in wuhan. He said the u. S. And u. K. Were too late in dealing with coronavirus. Mr. Johnson, who is still selfisolating at downing street, he has given up doing the daily briefing. He has given that to michael gove. Unprepared andl we watch what comes next. The amount of traffic in london is still quite palpable compared to france and italy when they are in complete shutdown. , i drove around a bit yesterday and it is a 15 of what it once was. A lot of good conversation today, Jeffrey Sachs will join us in moments. We are thrilled to bring you laureate Michael Spence of new ,ork city, and at 12 00 noon david westin in conversation with the Vice President of the United States. Lets get to the first word news. Viviana china accusing the u. S. Of trying to shift the blame for its own coronavirus outbreak, responding to the report that china concealed the extent of the problem. The u. S. Intelligence communi
The dollar still strong against currencies like the euro, but the commodityrelated currencies are performing really well in the em, as well as the g10 space. Time now for todays market moving news from our london and new york teams. We want to start with the markets after we have u. S. Futures rebounding. Joining me on the phone is bloombergs dani burger. The question i feel like, last week we saw the bottom, now feels off the table. Every day people are saying it is the bottom, it is not the bottom, but the picture continues to change. There is so much uncertainty. A bit of a lift in markets today. It is really the Energy Complex helping lead the way today, getting a boost from china beginning to buy oil for their state reserves. But any upside today is likely to lack conviction. Stocks in u. S. H fields are really starting to march higher. A slight backandforth in terms of u. S. 10 year yields, no moving lower after being just slightly higher today. Then you have to keep in mind that
At a 10 plus number for on them limit on friday. The dow jones is down zero point 3 . The s p is positive by just a point. The nasdaq is down by four points. Very Little Movement right now, at least around these indices. The dollar index is stronger today at 100. 18, as the said continues to as the fed continues to invent ways to get money into the economy, the latest to get banks to breach their leverage ratios. What is going on in europe right now, guy . Guy as you say, the dollar is creeping up, which means the euro is going down. The euro a big component of the dxy index. The dollar regaining a bit of traction right now despite the fed efforts. European stocks down by about 0. 6 . The only sector in positive territory is the oil and gas sector, given the climb we are seeing in crude prices. Brent is up by 5 on expectation for the president that a deal can be done between the russians and the saudis. Eurodollar now with a 1. 08 handle. Down at the bottom, youve got a bit of an offer
Another basis point added when it comes to the german tenyear. We continue to see the buck getting bid. 1. 0865 when it comes to eurodollar. Vonnie in the u. S. , a nice rally after that tweet that saudi arabia is looking for an urgent opec meeting, and then, as if that rally wasnt enough, the president tweeted again taught thing it could be as much as 15 Million Barrels. He just casually added another 5 Million Barrels to the amount that saudi and russia would have to agree to deplete their production by. 1. 75 right now. A lot of that is due to the energy index. 14 , andd as much as it is still up about 12 . Many of the oil, gas, energy, and equipment, particularly drillers rallying off the back of that. Elsewhere, we have 10 year yield at 60 basis points. The dollar index is above 100 right now. Get some more on this oil story. We are joined by bloomberg Senior Editor of commodities and energy. Lets talk a little bit about whether or not this is actually going to happen. The preside
You but good evening everyone. [laughter] welcome to tonights lecture on one of this countrys most noted perhaps, though many will say noted for the wrong reasons. For generations the name Benedict Arnold has elicited a oneword description for most americans. Traitor. Perhaps we are wrong. Or perhaps partly wrong. Tonight, we will hear the rest of the story. It is a special pleasure to recognize the sponsor of tonights program, she and her husband have been the foremost supporters since the very beginning. It is in fact no exaggeration to say that the program it would not exist as we know it today without the extreme generosity of the chappell family. We are delighted that mary lou and john have joined us from philadelphia as it gives us the opportunity to express our deep appreciation for all that they have done for our program, not just tonight in particular but every night. John and mary lou, will you stand please . [applause] tonights speaker, dr. Joyce lee malcolm, earned her degr