A situation today where both countries have formed an informal sure c. G. Partnership with one another to spam an American Nickel who must arrange now given that 5 decades sees in relative terms of very short period of time the turnaround in relations between moscow and beijing is quite simply astonishing however i am of the opinion that the lay ship is raised russia and china is not one of our fantasy it is one of necessity both countries need each other to prosper you know well its in no way should. Be over who to create power now i so i do not see any reason why the informal should see to partnership between russia and china wont break down of the forseeable future but there are serious challenges to that relationship and it is these challenges are only ones that people in washington and london come from really or even recent times so for example china is continuing to try and undermine russias predominance in central asia and now become all the more so once china launches its one b
But the breakdown of oil today on Global Demand is really significant. Under 40, not only but well on to new lows right now, 39. 71 on world oil. It is much more about the pandemic than it is the epsilon off the american election. Jonathan a breakdown on the equity benchmark in frankfurt, germany, the dax suffering. What is new about today . The dollar bid through g10 against e. M. You mentioned the turkish lira this morning as well. The Dollar Strength returns with a bit of a vengeance this wednesday morning. Tom let me triangulate again here triangulate yen here, folks. You throw the dollar out and look at euroyen, and euroyen clearly indicates weak euro. Lisa teladoc a. M. , german chancellor ashtead 00 a. M. ,erman chancellor 10 00 a. M. German chancellor Angela Merkel discussing new restrictions to stave off the rapidly increasing number of cases of covid. Also at 10 00 a. M. , ceos of facebookalphabet, and are testifying to a Senate Committee on restrictions of political messages
About President Trump and congressional republicans. I guess you are getting that body language from Mitch Mcconnell. But why is the bond market moving . We are at 0. 83 on the 10 year yield, the steepest back to march of 2018. We are pricing in stimulus at some point. Jonathan through 80 basis points. Wonder if, off the back of a move in treasuries, people start to talk about reflation all over again. Lisa i dont know that the underlying data is really supporting that. We will get a read at that with iea crude oil inventories. A report yesterday showed a surprising building u. S. Inventories. Many people are not consuming as as the covid crisis continues to spread. Meanwhile, today, i know you guys care a lot. We get a lot of fed speak. Weve got loretta mester, neel kashkari, tom barkan, randy quarles, and jim bullard all today. Every day it seems like they speak more and communicate that much less. We are going to hold rates low. The question is just the threshold to further stimulat
A military plane crash in Eastern Ukraine the antonov and 26 aircraft a crashed and burst into flames while they did in the city of 2 who lives Authorities Say 2 people on board were seriously injured and 4 others were missing most of the victims were young military cadets. French Authorities Say a knife attack in paris that was quote clearly an islamist act of terror the incident left 2 people wounded one a seriously police have arrested it to a suspects the attack took place and near the former headquarters of satirical magazine a shiny abdo where is the missed extremists and gunned down 12 people in 2000 to 50. This is d w news from berlin follow us on twitter and instagram at state of the news or visit our website dot com. Post socialist real ism meets unbridled fantasy have a look at the newest works by painter neo how coming up on arts and culture and. Astronauts all over moon or a bit inspires the new jazz album by pianist. And a solar powered sculpture taking flight without the
About 30 minutes ago with the phone fighter fire. They plan to tourists and Fire Departments and then eventually make their way to the San Francisco Coroners Office in the meantime, this is what we know right now. Of this. Jason cortez was at a training facility. Over on 19th and fulsome. All of a sudden there was some kind of accident he was rushed to the hospital where a spokesperson for the spokesperson for the Department Said that he died of his injuries. They are not elaborating right now on all that happened. Now protests have been with the Department Since 2007 he was a firefighter and paramedic he was stationed in the tenderloin Officials Say that he was a friend and all an advocate for Public Safety he has a husband he has 2 children. He was also the son of a retired San Francisco firefighter. Here is a Department Spokesperson with more. Very trying time as jason was well liked department. Jason is not only a. A fellow firefighter paramedics hes a friend. All out of kits publi