Slightly pressured. 650 billion are wiped out in u. S. Equities in one day, yesterday. A lot of it has to do with the dollar. On track for the best week since april. That is hurting sentiment around the region. The aussie dollar is hovering around the july lows. You have more calls for a cut of the cash rate from the rba next month. We see yield heading lower in australia. 105 for yourat offshore renminbi. Slightly stronger for the pboc. Here are where yields are. 67 basis points. We continue to watch whats going on in the aussie 10 year, and the china bond inclusion could happen later on today with that ftse russell. Russell wreste. Could spur inflows into the market. We are watching commodities with the Dollar Strength. The metal is falling off. Silver, copper and aluminum taking the biggest hit in the last 24 hours. The marketre on action we are joined by our mliv strategist in singapore. Question of the day is what i want to start with. What assets suffered most from deleveraging .
Why dont we greedy. We go in search of answers in a documentary film. Starts may 21st w. Could the Worlds Largest economy shrink by a 3rd the top us banker wont rule it out so was wall street selling doing so well so he did the latest. Also coming up airlines are on the brink putting millions of jobs in danger for better times ahead well ask an expert. And well go to india where businesses are coming out of a lockdown but with a few strings attached. This is your new Business Report im Stephen Beardsley in berlin its good to have you with us. The u. S. Economy could shrink by a whopping 30 percent in the Current Quarter. And thats according to chairman of the Federal Reserve Jerome Powell in an interview on c. B. S. News a 60 Minutes Program powell said that he expected growth again in the 2nd half of the year but that the economy would only fully recover once a vaccine for the new coronavirus was available he said that for Business Confidence to grow again people needed to feel safe p
Socalled content monitors. For today they scrub terrifying images from hong line platforms. Risky job for starvation wage. The strain is enormous. And with. An interest pop theres something wall hopping. The cleaners social medias shadow industry starts tonight on t. W. Took to. Could the Worlds Largest economy shrink by a 3rd a top u. S. Banker wont rule it out so was wall street suddenly doing so well for you the latest. Also coming up airlines are on the brink putting millions of jobs in danger for better times ahead well ask an expert. And well go to india where businesses are coming out of a walk down but with a few strings attached. This is your Business Report im stephen theres the in berlin its good to have you with us. The u. S. Economy could shrink by a whopping 30 percent in the Current Quarter and thats according to chairman of the Federal Reserve Jerome Powell in an interview on c. B. S. News a 60 Minutes Program powell said that he expected growth again in the 2nd half of
You guys know better that not nasdaq indicated down and s p anyone doing a secondary in your ipo is unparalleled. Down by one. That is a testament to the investors we brought into the down was down by 180 points ipo that believedin us again we did that a month ago over the yesterday. Every move we see seems to be premium of the price trigger by the moves of these the larger conversation being had about investors i think trade talks. There is a difference here lets look at the treasury this is why i think this is succeeding a, not only are you nailing the market the 10year looks likes it numbers, but, b, because you are yielding 1. 592 . Only for five years and you had to take in crazy amounts of 30year about 2. 1 money prior, right dont you think thats a huge part of this i do. I think we had very strong investors previously when we were a private company in todays environment, if we twoyear trading at 1. 462 needed them to do a 100 insider one Earnings Report of note today, Delta Airl
In labor history. Id like to welcome to my world and to talk a little bit about 1970s in many ways, the 1970s is our probably the most contested historical turf right now. As we talked about before, historians their minds, they find new evidence they find new arguments and new takes on the decades they study and the 1970s is really no different. I think originally the culture we tend to think of them as of the rebellion light decade in which would focus disco and focus the conservative backlash. But in fact theyre one of the most important decades for the american working class and in labor history. So today, title the times they are changing apologies to bob dylan is really about how this decade was a of fundamental in the workplace in the workforce and in work organizations. It also was a change in the context in which all of those three things operated. So focusing on worker militancy, the diversity of the working class and the emerging service economy. Were going to talk about this