If youd like to get in touch this morning, you can tweet me vicderbyshire or email victoria bbc. Co. Uk. And the queen and Prime Minister have led tributes to captain sir tom moore, whos died at 100 years old after Testing Positive for Coronavirus Last week. The government says it will ensure hes officially remembered. I think we should find a way to make sure that we mark the memory of captain tom and thank him for the contribution that he made for the nhs. Good morning. The health secretary, matt hancock, has described as absolutely superb the findings of a study which suggests for the first time that the Oxford Astrazeneca vaccine significantly reduces people passing on the virus. The research by oxford university, which has not yet been formally published, also found that the jab provides a high level of protection, even when theres a gap of 12 weeks between the two doses. Researchers believe that the vaccine remains 76 effective for up to three months after the first shot, while p
While were averting one Public Health crisis, were unfortunately creating another. And so i know that depression is seting in with some people. Folks who had no income and no ability to take care of themselves and their families. We know that domestic violence, suicide, child abuse, all these things are a result of what we see happen and it is even worse for people in lowincome and poverty. On the one hand, we are lowering the curve and really been a leader in that effort but there is another Public Health crisis that is brewing as a result of the decisions that were making. How are we expected to sustain this . How are we expected to continue to live like this while, you know, there still are a lot of people suffering from something thats a different Public Health crisis. I agree. I agree with you completely. And i think thats really one of the challenges and, you know, when the Health Officers talk about the issues, we recognize that when you look at health in its complete way, the w
Putting pressure on oil markets as well. And marie hoarder me for more. Walk us Annmarie Hordern joins me for more. Walk us through the veracity of the selloff, and does it last . Annmarie the next 24 hours is going to be quite bumpy for this may contract. Basically, it is Financial Derivatives meeting the physical oil market and what we are seeing on the storage side. If you are not out of this position financially and you are a futures trader, you have to accept the physical oil. The problem is, theres really nowhere else to put it. Look at cushing. That storage is quickly filling up, and that is the main hub in the United States, where you have pipelines to canada, the midlands, or the gulf. The may contract now trading at , which3, plus contango means if you look at the june contract, trading at about 23 a barrel, it is about a nine dollar differential, the most on record. If you look down the table of what you see for june, july, august, the prices are certainly higher on the futu
Between 5 and 7 . That kind of sets you up for your morning. Dollaryen, safe haven bid full in play. The yen and this was see the safe haven of choice. The long end of the curve taking more of that safe haven demand. Crude rolling over now. You have the virus, what is happening between opec and russia, and now a travel ban, which is going to destroyed jet fuel demand. Really taking it on the chin. Time now for global exchange. We are going to bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with all of this mornings top stories. We begin in washington, where President Trump suspended travel from europe for the next 30 days, effective friday at midnight. The been excludes the you could the ban excludes the u. K. Pres. Trump to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days. The new rules will go into effect friday at midnight. Alix joining me as kevin cir
I called to order this hearing of the Senate Budget committee. The hearing on Government Accountability offices annual report on the nations Fiscal Health. We will hear from nonpartisan watchdog on the Fiscal Health and importance of confronting our critical fiscal challenges. I welcome back mr. Dodaro who is the most usual and best witness providing information throughout the year that is extremely helpful to heading off some of the future crises that will happen if we do not Pay Attention. This hearing will cook off a series of hearings and to findons about Hope Solutions and help build the foundation for next years budget cycle. The next few years should be significant for the committee. The committee has been working hard to enact reforms that improve transparency and accountability in the budget process and help put us on a more sustainable fiscal path. Introduced the bipartisan congressional budget and i emphasize the as thatartisan wa was the first since 1990. We were successful