The survey number was 95. Present situation, 94. 2. That is better than last time. In terms of expectations, though, 91. 5. The Manufacturing Index has come through better than the survey. Last time, it was flat with expectations at five. We came through at 10. The consumer is getting jittery. Alix especially as the sunbelt is hit. We had an announcement from the fed earlier. Michael mckee is with us. Walk us through the numbers and to talk about the fed meeting tomorrow. Mike the numbers are connected to the meeting, with Consumer Confidence following and the outlook for the next six months dropping dramatically as it did, the economy is looking like it will go back into some sort of contraction, based on the new covid19 cases we are seeing. The fed sees as something they do not like, because moments ago they announced they are extending seven of the nine lending programs they put into place in march, through the end of the year. They were going to expire on september 30. The only one
Hello im come all santa maria this is counting the cost on aljazeera your weekly look at the world of business and economics this week coronavirus trade war 2 fears the pandemic we examine the impact on china its neighbors and the world including the possibility of it being as bad as the financial crisis a decade ago and our Regional Focus is on cambodia an economy like many that is connected through trade with the worlds 2nd biggest economy now faces the very real prospect of jobs lost. Cant pay one pay continues new. President takes a tough stance on the countrys unsustainable debt. It was a bruising year for china a trade war with the United States left its economy expanding at the slowest pace in 30 years and economists estimate 4000000 jobs may have been lost by the way that was 2019 this year is already being defined by corona virus thats killed thousands infected thousands more and has put the brakes on chinas economy in a very sudden mannah here the numbers economists polled by
Aljazeera. Hello im come on santa maria this is counting the cost on aljazeera your weekly look at the world of business and economics this week coronavirus and trade war 2 fears the pandemic we examine the impact on china its neighbors and the world including the possibility of it being as bad as the financial crisis a decade ago and our Regional Focus is on cambodia an economy like many that is connected through trade with the worlds 2nd biggest economy now faces the very real prospect of jobs loss plus cant pay 1. 00 pay continues new president takes a tough stance on the countrys unsustainable debt. It was a bruising year for china a trade war with the United States left its economy expanding at the slowest pace in 30 years and economists estimate 4000000 jobs may have been lost by the way that was 29 tame this year is already being defined by coronavirus its killed thousands infected thousands more and has put the brakes on chinas economy in a very sudden manna here the numbers ec
Confirmed case of coronavirus in the United States of unknown origin and after that press conference from donald trump. Not giving up. Meanwhile, we do see resiliency on the mainland. The csi 300 gaining. 1 korean kospi now down after that rising coronavirus count. A surprise Interest Rate hold from the be ok. Hong kong stocks falling lower. Lets look at the fx and rate markets. We see a rebound of the aussie dollar, but this after it fell to the lowest level since 2009. We do see the yen gaining against the u. S. Dollar and we see 10 year treasury yields falling lower. The 10 year yield at 1. 3 after falling below for the first time ever. Back to you. Ponczek, right, sarah thanks for joining us. Travelers torging reconsider trips to south korea as the number of coronavirus cases there nears 1600. President trump assured americans that they face little risk from the epidemic and tapped mike pence to lead the governments response. Trump sought to ease concerns after lawmakers raised que
A. Palestinian Prime Minister told challenges era. Hello im come all santamaria this is counting the cost on aljazeera your weekly look at the world of business and economics this week coronavirus and trade war 2 fears the pandemic we examine the impact on china its neighbors and the world including the possibility of it being as bad as the financial crisis a decade ago and our Regional Focus is on cambodia an economy like many that is connected through trade with the worlds 2nd biggest economy now faces the very real prospect of jobs loss. Cant pay 1. 00 pay continues new president takes a tough stance on the countrys unsustainable debt. It was a bruising year for china a trade war with the United States left its economy expanding at the slowest pace in 30 years and economists estimate 4000000 jobs may have been lost by the way that was 29 tame this year is already being defined by coronavirus its killed thousands infected thousands more and has put the brakes on chinas economy in a v