The 10 year yield is seeing a flattening name put on. Crude oil, down 8. 7 . Dive intoa deeper what is going on. Mentiont to commodities. It is across the commodity complex. Copper futures are down. Grim Economic Outlook from the fed yesterday, plus a possible resurgence of the virus here in the u. S. You are seeing one commodity higher, that is gold. Up 8 10 of 1 . The dollar is also stronger here. A weaker dollar is a proxy for risk appetite. But the dollar is indeed gaining 8 10 of 1 . Investors are looking more for safety, less interested in risk assets. There is a lot of conviction in equity markets in particular. At the open, we saw volumes basically double over the past 20 days or so. We are still looking at volume over 24 above the 20day average. A lot of conviction in the selling we are seeing. We are seeing the cyclical rotation we all have been so excited about in recent weeks totally reverse quite dramatically. Industrials, financials, materials are the biggest laggards. Tr
Solution the new season of sounders eventually. This week called double good. People hold on for g. W. On facebook and twitter to date and in touch follow us. Bedouins have permanently closed microsoft says it stores around the world will not reopen after the Coronavirus Crisis. With 3 german majors making global headlines around our 4 randolph whats been a wild week in frankfurt. And with many gigs around the world can sort of look at an invention that aims to help you feel the music at home. This is do we have business on robots in berlin welcome along microsoft says its stores around the world closed because of coronavirus will never reopen the u. S. Companies permanently shutting 4 of its stores thats around 100 outlets microsoft says its taking a new approach to return invest in its online shops the 4 stores that wont be firmly closed will instead be turned into what the Company Called experience centers. Along this lets speak to our financial corresponds on wall street quarter we
Site. He added additional cost and time will be needed for modifications if the plan does eventually move forward. The u. S. Made s system is desesd to intercept ballistic made missiles outside the atmosphere. The government planned to deploy it in yamaguchi prefecture. There were safety concecerns amg locall residents. Japan will rely on selfddefen forces vessels equipped with the system for the time being. Officials in tokyo are working on preventive measures for another possible wave of coronavirus infections. There is an increase in daily cases. Monday saw 48 new cases in the capital, including 20 linked to a downtown nightclub district. It is the second day in a row with more than 40 positive results. The increase comes after the tokyo government on friday canceled most of its requests for businesses to restrict operating hours. The team of experts is looking at how to enhance testing and medical systems, as well as how to m monitor infectctns to prepe for anothther surge in infec
The global corona crisis you can find more Information Online at e. W. Dot com and on t. W. Social media channels. Bringing in a bit more normality after 2 months of coronavirus closure of the Trading Floor of the New York Stock Exchange reopens well get the latest from our wall street correspondents. Also coming up the new commission is proposing of the last budget for the coming years but a rift between countries over how to finance the recovery. This is threatening to derail plans and spain is hoping for tourists the summer but will they visit a country heavily hit by the coronavirus and that. Im Chris Culliver in berlin walk through the program the Trading Floor of the New York Stock Exchange has reopened thats after the closure of 2 months due to the coronavirus and the sign of the times new York Governor Andrew Cuomo more a face mask to ring the opening bell wall the Trading Floor may be opening and it will not be business as usual the ongoing pandemic means traders are forced to
A last minute delay my guest this week from poland is dominic touchin screen publisher i meet people from the ruling the law and Justice Policy was his government guilty of trying to put politics ahead of peoples lives. Dominic carter eskew welcomes conflict zone. Thank you for having me lets go back to the beginning of this month when your party was still hoping to hold a president ial election donald tusk former Prime Minister of poland said that only a madman or a criminal would proceed with an election during an International Health crisis but you didnt care about the risk to people did you expected to win and that was all that mattered are you trying to say that dumb of tosca called people from germany of our europe and from switzerland and from south korea are mad people because these are the places where elections took place maybe hes calling americans a mad people as they are having their primaries now so we we resign from this idea of elections at the moment but the language i