Meaning less demand for oil. Meanwhile similar story in bond market, yield on 10year treasury below 4 tenths of a percent overnight. Now we are staying right under and it is down 28 basis points. Again, another indication of a recession at hand. The 30year following 1 for the first time in history. The 30year bond, the yield there at. 883 . Thats down 40 basis points this morning. Global markets reacting to all of this this morning in the stock market. Deep selloff in europe. The cac quarante down 335 points. That is 6 and a half percent and dax index in germany lower by 672. Overnight in asia across the board. Chinese experts tumbled in the month of january, more signs of trouble in japan as well. First quarter gdp lower in japan showing the economy contracted 7. 1 from the previous quarter. Thats a sharp contraction in japan. This on top of the Coronavirus Crisis, cases in the United States and abroad are growing. The white house looking into emergency measures. Overseas italy report
My. Other thanks for joining us this is r. T. International. The dutch led criminal trial into the downing of the may 17th passenger plane opens on monday 6 years after the Malaysian Airlines flight was shot down over ukraine killing all 298 on board subsequent probe alleged that a missile which hit the plane was transported from russia the probe has been heavily criticized as biased solitude minsky has more from the netherlands. Its a trial its set to last more than a year 3 russians and the ukrainian are accused of helping to bring a book Missile Launch from russia into Eastern Ukraine where it fired the fatal shot that brought down the boeing 777 the 4 suspects are not charged with personally firing the missile the men all deny the charges International Arrest warrants have been issued for them but they wont be here and will be tried in absentia some of those that we expect to be here are 13 secret witnesses whose identities are being protected and thats because dutch prosecutors sa
Im not im having a relationship with my pizza. If youre a pizza lover tony zhang is serving up a slice of tune there is a name he sinks his teeth into time to risk less and make more. Options action starts right now. All right. Welcome. Hi, everybody. Lets get to it here on a friday energy, of course, its been lagging the market lagging the market for five years. But crude is actually quietly been trying to creep a little higher oil just handed in the best week of the year. Not saying a lot, but it did if youre betting a crude comeback could be in the works, carter will head to the plasma and break it down for us bottom fishing is dangerous stuff as we know and yet sometimes profitable lets zero in on crude and the an etf that if it works will be lucrative. This is the contract on th imx right now and whats clear is that we have come down to this level repeatedly. And a bit of a breech and weve essentially held if i went to the christmas crude contract, which is one of the more liquid
It was nominated for 11 categories, including best actor. Two of the nine films nominated come from netflix, the irishman, and Marriage Story. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. His political fight for an vonnie it is 1 00 in new york, 6 00 in london, 2 00 in hong kong. On vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Earnings season, banks kick off the season this week. With ilanaak weinstein. Her views on the health of the Hedge Fund Industry and the supply demand dynamics. Outbreaks of the disease are increasing. Cases are skyrocketing in the u. S. , europe, and asia. Lets take a temperature of the market this month. Kailey leinz is with us halfway into the trading day. Kailey vonnie it is 1 00 in ne, 6 00 in we have be
How low can it go . Power lunch starts right now well explain. Thank you, tyler as markets lose their gains on coronavirus headlines, we have all the angles of this story and the selloff today covered for you. Meg terrel has the latest on the comments that took down the rally. Bob and Rick Santelli following the volatile moves in the stock and bond markets ameamon javers has the white hoe response. Update officials saying its fair to say were on the cusp of the pandemic according to a bloomberg report early this afternoon. Head of the fda center for buy logics evaluation and research said there is significant concern given the virus has spread to six continentcontinens we saw the first case confirmed in latin america that country getting a raised travel advisory from the u. S. State department based oen the sped of covid19 there dr. Marks saying the time lines of Vaccine Development mean one wont be available before the initial wave of the disease passes moderna stock soaring it delive