Of who will be. In love in the time of coronavirus we will see whats being done in the u. S. To help reduce the risks for the elderly. In the last hour the u. K. Is reported more than 200. 00 further deaths as a result of the covert 19 coronavirus thats another shock after another shocking day in spain which reported 832. 00 fatalities in 24 hours put that impressed into perspective were now talking 6500. 00 deaths in spain since the start of the outbreak nearly 79000. 00 confirmed cases spain is now the 2nd hardest hit nation after italy where more than 10000 died different picture in china authorities are now warning of a possible 2nd wave of corona virus infections they reported more than 300 cases new cases in the past week but they say most of those actually came in from overseas and in would harm the city where the pandemic began well restrict. Ns are easing people are going back onto public transport theyll even be able to leave the city from april the 8th and in the United Stat
We are seeing the euro at 110. Things have appeared to calm down a bit. What about the oil markets. Crude oil rising yesterday and looks like it will rise again today. We are seeing crude oil up 57 cents a barrel to 48. Yield on the ten year treasury note unchanged at 1. 45 percent. Get ready for Mortgage Rates to fall again. If youre a metals investor, youre up slightly this horng. Those explosions rocking turkeys largest airport last night. It appeared to be a coordinated attack with gunmen opening fire at Turkey International airport in istanbul and detonating decides bombs. Much of it kaugtd on video that has been seen since that point. Turkey is blaming isis for the attack. Joining us now, its great to see you this morning. Good morning. It feels like we are talking to you more and more often about attacks that are taking place around the globe. What do you think is happening in turkey. In is the fourth or fifth attack in turkey just this year. There were others earlier. The earli
Retailer tesco to announce it overstated profits by over 400 million. The g20 finance ministers are wrapping up meetings in australia saying they are close to adding an extra 2 trillion to the economy, but the group is warning that europes slowdown remains a major stumbling block. And it is playing out if we take at what is happening with the u. S. Equity futures. Right now the dow futures are down by 28 points below fair value. The s p futures are up by 7 points. Although, andrew, this is an improvement from earlier this morning. Yes, it is. Thank you for that. As joe was telling us, it is a merger monday. Its already shaping up to be a busy monday for deals. Just crossing the tape this morning, germanys merck buying sigmaaldrich. That company is valued at 17 billion. Thats a huge deal. We have both executives from both companies to join us first right here on cnbc and well have that interview at 6 40 a. M. Eastern time. Also, it is official, siemens is buying u. S. Oil field maker dr
News coming in. It was the philly fed that looked like things were turning around. Yeah. Higher in western europe, becky, but an entirely different story in russia. Lets get to that. Russian deputy finance minister saying he expects no big Immediate Impact from western sanctions on russias financial sector. And he argued that the countrys creditworthiness has not worsened. U. S. Imposed a second wave of sanctions on moscow yesterday, and the European Union is expected to announce measures over russias moves to the next crimea region of ukraine. Russian officials criticized the downgrade of russias trading outlook. Saying there was no basis for the move. The s p and fitch provides their longterm assets on russias debt from negative to stable. So far, the russian markets are feeling the pinch. The russian rtx down almost another 3 right now. While the broader miex micex i. Their version of the down is down over 21 over three months. It is down 24 over the past 12 months. Nothing short of
early. we were forceful from the beginning and you have seen now a very forceful enforcement response, more to come on that and you are going to see a what i think ultimately will be a very effective reform effort led by a more global effort than the first time. when you say more enforcement to come, american banks, that s your particular jurisdiction. ? i just meant american banks operating in the london lebor market? what the enforcement authorities have said is this is a first of a series of actions they will take. i didn t mean to imply more than that. but i ll say again critical to restoring trust and confidence in our system, very damaged, we dmemonstrate to the world we ll have the best enforcement response anywhere to make sure that investors and consumer haves the protections they need and that requires not just the reforms that we re fighting for but also that there are resourcresource s available to these agencies and if you lift the agencies underfunded w