Through 1. 55 , is back at 1. 56 . The dollar continues to strengthen as well. We are very close to the 100 mark for the dollar index. The your a particular the euro a particular feature of that. Story. Ple the big hsbc also worth focusing on, down by 6 today. The new strategy doesnt seem to be finding favor with investors. It is around 28 points off the ftse 100. Gives you idea of the skate and weight and of the of hsbc. Coronavirus certainly present when it comes to the coronavirus story. 1. 07 handle we had a one dollar zero seven cents level we had a 1. 07 level if you minutes ago. Vonnie apple saying work is starting to resume around china, but experiencing a slower to normal return a slower return to normal condition than expected. For more, we are joined by steven milunovich, Wolfe Research managing director, over the phone. Almost 50 of factory workers are not at work in china, so this statement, even though it came from apple and is providing a drag on stocks today, could almo
Johnson forced onto the defensive as the debate turns its attention to the National Health service. Manus a very good morning to you. Definedl about the jgb the gravitational pull to the downside. Waiting on at zero, the option results to come through. Much biggera question about the stock of negative debt. Will that diminish 20. Good morning. Nejra good morning. That is a great question. It seems to be driven about what is going on globally. The prospect on the optimism of some sort of resolution to china trade. Something the move to the upside is going to be limited because where we are now is going to pull the japanese buyers back into the market. Manus absolutely. Lets look at the jgb performance. You have the 234 billion dollars stimulus coming into the market from the japanese government. Level way growth above what the market had anticipated. For the firstero time since march. Blackrock. I like a bit of dr. Copper. You know what i saw . I cant tie that together with a sub 6 grow
A big market move yesterday that started with concerns surrounding hong kong and that means yen found a good bed yesterday. Argentinaocus was in after the selloff after the surprise primary where we thought it unlikely the candidate could make it. The second time of voting since october. U. S. 10 year yield that 1. 63 . Coming up, we talk with the chief executive of Steinhoff International holdings. Do not miss that interview after 4 p. M. London time. Lets get to the first word news in new york city. Viviana Senate Leaders in italy failing to agree on the date for a confidence vote in the populace coalition, leaving the deputy premier happy to wait before consolidating power in rome. Discussions in the Upper Chamber continue tonight. If there is a new election, the commanding lead means he will likely be the next Prime Minister. Global anxiety showing up in the treasury market. Yield on 30 year Treasury Bonds approaching alltime low as the 10 year yield also fell. That one point it wa
Imagine this may impact the trade volumes we will see on the new york stock exchange. First, lets get to the bloomberg first word news. Heres emma chandra. U. S. Senate republicans think the party should we plan its plan to replace obamacare after the Congressional Budget Office says more than 40 million americans could lose health care. By 2026, the number of Americans Losing Health Coverage would rise to 24 million. Prime minister theresa may is about to start the formal process of leaving the european union. Parliament signed off on a bill to trigger article 50. Chinas economy held its momentum the first two months of the year. Industrial production was up 6. 3 from a year ago. That was slightly less than expected. Part of the eastern u. S. Is prepared to be buried in snow. Half ofe foot and a snow is inspected in new york, and it is already falling. Schools have been closed. More than 5000 flights were canceled. And german chancellor Angela Merkel delayed her trip to washington. Gl
Could lose credibility if inflation does slip. Francine welcome to the pulse live from london. Manus french Prime Minister has said this morning that president hollande will meet with obama in washington and putin in moscow next week. Francine overnight starts destroyed islamic states headquarters in raqqa. Hans nichols is standing by in brussels. Lets get across to guy johnson in paris on the ground. What has the french Prime Minister been saying this morning in regards to security spending . In regards to a variety of issues. The radioas on confirming essentially what has president said to the joint session of parliament yesterday. The budget deficit rules, gone. We are going to spend some money and make sure our Security Services have what they need to take the fight to i. S. We are going to have more soldiers, more customs guys, more prison guards. All of that money is going to be spent. That means that france is essentially going to miss a 3. 3 deficit target next year and its bey