A civil war with People Killed on both sides. Those are your headlines my colleague neil harvey will be here in about an hours time with another look at your headlines this is our International Stay with us. Here this is. Gold in money. To do that jay powell do that jay powell old whoa whoa whoa whoa whoa whoa whoa whoa whoa whoa whoa move would get ready this is not virtual this is real they had virtual jackson hole they had an ounce or profoundly consequential zirp for ever essentially were going to have a 0 percent Interest Rates for easier for 5 years that was on the advice of plucky plucking once again profoundly consequential to the World Monetary system so those are forever as we have predicted here for years on report remember we said you cant taper a ponzi and it turns out you cannot taper a ponzi theyre admitting that of course a lot of people love it because what happens that the markets boom right and mark i got my money again i got my money again my name is jay jay jay i g
And germany extending it until 2021. Good morning. Incremental news around trade and the coronavirus is helping some of these assets continue to trade to the upside. He stoxx 00, up. 6 . U. S. Yields are 70 basis points, a little bit has changed there. Looking ahead to the fiveyear option of 51 billion. Then the australians were able to sell 21 billion aussie dollars smashing records. Folks at Jpmorgan Morgan say we could see 100 if shinzo abe bow out. W. T. I. , this is a fivemonth high. Remember that the hurricane is likely to hit some of americas largest Oil Refineries which would imply a shut down for months. 18 billion in potential damages. Coming up, trading the from the economy for the first time. European Exchange Traded funds are attracting the nasdaq. They have attracted more funds this year than funds tracking the s p 500. Lets get to the first word news. Get you to some of the other stories were watching. Germany is extending the job program that kept millons on unemploymen
Surveillance. Im Francine Lacqua in london. This is what your markets are looking at. Markets looking at the Credit Suisse spying probe escalated by the regulator, partially looking at that news. European stocks opened pretty strongly higher. The euro falling, futures advancing. We are getting data on jobs and the economy. If you look at the adp employment report, it may signal that the pace of employment in the private sector may be bouncing back. Coming up, despite a bumper month for many stock markets, 50 of new money has flowed into fixed income. You can hear more about that on our new weekly show etf iq europe, that starts in about 30 minutes from now. Thes get straight to bloomberg first word news with leighann gerrans. The u. S. Economy needs new theulus to rebound from Coronavirus Crisis according to treasury secretary steven mnuchin. He started a conversation with House Speaker nancy pelosi amid negotiations on a relief plan, but he stopped short of offering a fresh proposal t
Day . I am a graduate of duke university. I got a scholarship there, but not a basketball scholarship i assure you. But i would like to own an nba team. I have never had the chance to do so. But mark cuban is someone that did that at an early age. As a young man, he bought an nba Basketball Team and won a national championship. Because of that, i always admired his sports prowess and business acumen. Me,hildren have always told dad, youve done ok, but mark cuban is a lot better. You have at an early age made some money. You made an enormous amount of money when you sold broadcast. Com to yahoo and made over a billion dollars, then you bought a Basketball Team. Then you have a shark tank emmys that won an award. You are well regarded by entrepreneurs. President s of the United States call you for advice. There is something about your life that isnt perfect. Mark i have kids. I have a 16yearold daughter and a 14yearold daughter. That is all any parent needs to hear. It doesnt matter what
Issues. Is this picture on the left a real picture of you . Yes. Not the week . Not a week spirit when was that taken . I would guess 71. Not quite positive. What were your politics 1971 . I think a martian left would be the easiest way to sum it up. I was a left winger, but it didnt make enough sense to actually be a communist are trotskyite or anything like that. Went to the transformation occur. When did the transformation occur . I just wrote about this. There is a book coming out from the Hoover Institution is backing this, called why i turned right, and its the story of a bunch of us and why we became right. It is a long store and i wont tell it but ill give the short version of it. I was a radical leftist, very much in favor of some sort of marxist socialist thing in america. I got a job. I got a job paying 150 a week. I was a messenger in new york when it appeared he dont the week is a lot of money is forced i was concerned. I was living doubt on the Lower East Side and i was v