Quarter net profit at around 1. 5 billion dollars. The dividend for 2019 will be paid into stages. Rival Credit Suisse will delay half its devin. Welcome to daybreak europe. As we head toward the long easter weekend, all states warning the Global Economy facing a 5 trillion hit over the next two years, greater than the output of japan. And they say global output not return to previrus levels until 2022. , futures have been moving around a bit overnight. Were seeing a bit of green on the screen in asia for the fourth session. A bit of a mixed picture. The 10 year yield dropping almost three basis points. Foot, and front russia said it is ready to put it screwed output by about 15 payment lets get an update on the coronavirus, claiming another daily Record Number of u. S. Ms in the the global tally now stands at more than 1. 5 million infections and around 88,000 deaths. American expert anthony found she said the stoxx the start of a turnaround could come after this week. Ross, great to
And the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 19 pandemic is that were going to print chileans and trillions and trillions of dollars even more chilly and so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its not those big banks that are having a liquidity crisis as it was back then our credit crisis our credit crunch its these small and Medium Sized Enterprises that operate all the
System and the problems with distribution and the Monetary System because as you know one of the Solutions Offered for the covert 19 pandemic is that were going to print chileans and trillions and trillions of dollars even more chilly and so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its not those big banks that are having a liquidity crisis as it was back then or credit crisis or credit crunch its these small and Medium Sized Enterprises that operate al
The consumer staples, bottom fishing on companies and may think have gotten oversold. Companies could benefit from the work at Home Movement which is encapsulating this entire globe. Walgreens, have got walmart and costco among the gainers in the staples space. Theee another winner in dollar. Everyone is flocking to the dollar, the dollar index rising for a seventh straight day, claiming to an alltime high. The biggest loser against the dollar among the g10 currencies appears to be the pound. Romaine yeah. Scarlet lets look at todays market action. We will bring in our live reporter and one of the new voices. What have you been watching . Reporter oil markets were catching my eye. Wti, 14 in in brent. What is moving this action . It is a risk off water market story. Pressure oil as well and youre seeing all of this action move off of the official order from the Energy Ministry to saudi aramco to 12. 3 Million Barrels keep but as for the next coming month. That is how the indication is
Monetary system and the problems with distribution in the Monetary System because as you know one of the Solutions Offered for the covert 1000 pandemic is that were going to print chileans and trillions and trillions of dollars even more trillions so weve printed for the 2008 crisis well here we have seen carstens hes the former head of the bank of International Settlements and we prince tweets about him Central Bank Interventions to quell the crisis need to reach the individuals and businesses who are all tamale affected the last mile of this channel is not yet in place and needs to be bridged urgently so hes talking about these trillions of dollars are going to be handed to the same banks they got that in 2008 j. P. Morgans of the world Citibank Bank of america all that stuff but the problem is especially in the situation its not those big banks that are having a liquidity crisis as it was back then or credit crisis or credit crunch its these small and Medium Sized Enterprises that o