10 year. Crude now below 30. And not emphasize enough how much pain that will be causing to producers. To get a sense of where we are in the market, if you switch of the board, you can see some of the heavy hitters within the market, like apple and microsoft, down 10 , 11 . Also seeing bank of america off by 16 . The index which tracks the s p is down by almost 10 . Again, a world of hurt within the next two and half hours. We have some breaking news. The boe is pledging further prompt action when needed. No specifics on that, but they are pledging action as needed. We will bring you anything, any information as they come out. They said the dollar move to combat is there. This is governor bailey. Time now for global exchange, where we bring you todays market moving news from all around the world. From new york to washington, brussels and beijing come our bloomberg voices are on the ground with all of this mornings top stories. The Federal Reserve swept into action yesterday, cutting it
The trauma now there will no longer be a red zone there will be italy. So were at the very beginning of this epidemic we have to keep a clear mind that this cannot be business as usual we are facing an exceptional situation its not an end to what sort of limits we dont shoot that he thinks aint going to work but i want to reassure you i have been using sanitizing and those who dont know what this isnt a tissue we are meant to use them for sneezing and chill and if you dont have one please use your elbows you have to have that moment still to from knowing that were stopping shaking hands with. Your soldiers are. You going to kill them. Also coming up who will stop the migrants from trying to cross the border into europe from turkey for the past 5 years it was turkey not anymore is europe ready to strike a new deal we discuss today how to implement the missing people he says to map it on to analyze it to father common understanding what is missing and what is already in place. And to our
Situation its not an end to what sort of limits the dots are that he thinks aint going to work but i want to reassure you i have been using sanitizing and those who dont know what this is its a tissue we are meant to use it for sneezing and chill and if you dont have one sees you as your elbows you have to think that moment from now when were stopping shaking hands. Should be sort. Of goes up to god. Also coming up who will stop the migrants from trying to cross the border into europe from turkey for the past 5 years it was turkey not anymore is europe ready to strike a new deal we discussed today how to implement the missing people he says to map it on to analyze it to have a common understanding what is missing and what is already in place. To our viewers on p. B. S. In the United States and all around the world welcome we begin the. Day with the coronaviruses new main address today may go down in history as the moment when the corona virus mutated geographically for 3 months the epi
From hong kong to tokyo, frankfurt, and washington, our bloomberg voices are on the ground with todays top stories. We begin with the escalating tension in the middle east after the u. S. Killed errani and general soleimani killed iranian general soleimani. Irans president Hassan Rouhani warned of retaliation. They will see the consequent as of their mistake not only today, but in the years to come. Our for the latest, bloomberg correspondent joins us from doha. Telus the latest from iraq and iran. Reporter in iran today, it was an emotional scene, with the Ayatollah Khomeini openly weeping as there were speeches around the burial ceremony for qasem soleimani. He was also joined by palestinian leaders in giving those speeches. In addition to vowing revenge, irans Hassan Rouhani said the country would leave the remaining drags of the nuclear accord. Also, a new Interesting Development with his iraqi counterpart. Of thesehat the blood commanders, also referring to the leader that was tra
Place. You can see the dow closed unchanged. Up marginally. The s p 500 gaining a little bit in the nasdaq lower. Certainly a little tension in the tech stock. Scarlet lets dig deeper with our markets reporters. Abigail, what are you watching . A look at the russell 2000 you were looking at. The worst day in a month. At the close, the worst day of the month. Heres a chart we have been looking at for quite some time that initially came from oppenheimer. At that time, they were making the case that if the russell 2000 appears above 1600, that would be a bullish sign. For all of this year, we have been below that 1600 level, although yesterday we did go right above it on a slightly rising moving average. The rsi is now going back into the range from oversold. It will be interesting to see whether they can pick it up and ring the russell 2000 closer to alltime high. About 10 relative to the s p 500. We may continue to see a offer small caps. Off for small caps. Intop and bottom line coming