Exception of the new zealand dollar. We see the japanese yen weakening a bit and the renminbi was in focus. To 1714. Nching closer 711 93 for your onshore. Bonds are mixed across the board. Australian 10 we are watching it was the rba announced not a smaller amount than expected. Seeing a little bit of a selloff when it comes to your aussie bones. Up eight basis points. Areomes to brent, we getting a little bit of a breather. Higher. A half percent we are hovering around 21 for wti. There is optimism President Trump is going to be meeting. Ith oil execs that is leading to some of the oil bulls to come back out again. Lets get the first word news. U. S. Intelligence is accusing china of concealing the true extent of the coronavirus outbreak. Underreporting total cases and deaths. We are told the public statements about the infection have been intentionally incomplete and the numbers are fake. Beijing has changed its reporting of people and added hundred 30 extra cases in the first day.
Payments to lower income households. Aid to households households with children. One year tax referral. Cuts, money handouts for businesses and households it seems like officials in tokyo are stepping up to try to support the economy as they look to implement an emergency lockdown as early as tomorrow. That is likely when it will be announced. It will be starting on april 8. We will continue to digest the details from that package. They did see a thousand cases in japan and we are waiting for more announcements from shinzo abe, planning to declare a state of emergency. We are still seeing equities heading higher. U. S. Futures falling. The press briefing from President Trump, perhaps there is light at the end of the tunnel. They are seeing some signs of stabilization when it comes to new infections. Europe is also seeing a peak in cases. Asia, we are up about 1 . It is still very much the oil story. Doubts about what a deal could look like, is the u. S. Going to be involved, is it cond
Of an allout trade war. The feds hone in on capitol hill amazon under fire for laying off the organizer of the walkout in new york city. He was a guest on this show yesterday morning. It is tuesday, march 31, 2020. You are watching cnbc. Good morning and welcome im dominic chu. Your mystery chart of the day, of the quarter the one dow stock set to actually end this First Quarter in positive territory in the green. Well reveal that one name to watch coming up. First, we begin with a wild three months of the markets on this final day of the trading ahead of the open. Take a look at the dow you can see here year to date down 22 on track since the First Quarter when it fell 25 down more than 18 on track for its First Quarter since 2008 when it fell 22 so the s p taking the cake as well. Crude is down more than 60 on pace for the worst month and quarterly performance ever higher today on russia news there that they will work to steady the markets. Stock futures coming looking to add to the
Welcome to. Its good to have you with us indian Prime Minister. Has hailed what he called a new era for indian controlled kashmir this offered an address to the nation on thursday he also promised development on socalled mainstreaming of kashmiris with the rest of india but he was clear on why the constitutional provisions giving semi autonomous have to be scrapped. Are played any. 370 and 35 i. Have given. Nothing but separatism. Terrorism. Denies tick politics and corruption. For the. Donors not journalists m. R. Khan from delhi and not a good driver with us on the program none that interim or the has outlined why the government believed special status for kashmir wasnt working and hes also promised a socalled new era for the region with people on the ground except the prisoner it looks unlikely honestly because the people on the ground read it and you know who are going to be 70 and was actually doing x. Number of crime and all and absolutely look and i do have a mind of protest bec
The Chinese Military. There is a workaround to the blacklisting. Malaysias president is not satisfied with goldmans offer to settle the 1mdb case. Goldman sells me a killing on this. The fed stays in the spotlight. Top officials talk to us about rate cuts and policy plans. 50 basis points would be overdone. Its too early to know whether we should use the tool at all. And what magnitude we should apply. Its all straight ahead on bloomberg best. Taylor hello and welcome. I am taylor riggs. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. President trump made it clear he was ready to impose additional economic sanctions on iran. On monday, he followed through on that pledge. President trump today imposing sanctions on the Supreme Leader of iran. Telling reporters at the white house, the action would deny the ayatollah access to financi