In services, we saw our first contraction, and that has put jitters into the market, not least of which, into the treasury market. We saw the 30 year yield hit a record low190 1. 90 and change. Guy this is what is happening in europe. Stocks are down. You are seeing around the world. The fear is definitely there when it comes to what is happening with the coronavirus. The data out of united states. Has comen tenyear back to unchanged right now. We are seeing a bigger reaction on the u. S. Curve, but curves are flattening, and that is a factor. The pmi data in europe was actually ok today. What you have seen as a result is the u. S. Pmi data has been a significant squeeze in eurodollar. Onedollar now trading at 1. 0854ight cents at now. Vonnie lets get to bloombergs Sophie Kamaruddin. She joins us from hong kong. What is the latest . What are authorities telling their citizens . Sophie we saw some revisions upward. Hubei province upping its count for the past two days, increasing confir
The outbreak has been infected industrial activity in the eastern province. According to bloomberg economics, the economy is running 50 to 60 of its normal capacity. Authorities have not seen a turning point yet when it comes to the epidemic. Indicated this week it would deepen the focus on stabilizing the economy. Supply chain and Business Sentiment showing up in global pmi data, u. S. , business, and manufacturing activities. We are also seeing a pickup in cases outside of china, which could indicate a new phase in the outbreak, a search in iran, concernsthe who, given route infection not being traced back directly to china. David a disturbing story. Thanks to Sophie Kamaruddin in hong kong. Now we go to brussels and maria tadeo. They are trying to hash out a budget. There are hawks and doves involved . What are the issues . Maria there are many issues. This is day two of a long summit. European leaders are trying to get to a compromise over the budget for the eu for the next seven y
Others. A hit and run near the highway for onramp, amberly is at the walnut creek john deere hospital. Amber . Reporter the parents are here as work is being done, even in death his generous spirit lives on. Kind, nonjudgmental, accepting, there was not a mean bone in his body. He put us all to shame. Leslie leslie is describing her son, who is struck and killed by a hit and run driver. He took away our life, he has no idea what he did. He has devastated an entire family. Reporter she and her husband joes father are struggling with the sudden death of their child. He followed his own path all the made him even. Truck he played the cello, he was also a rapper who wrote his own music. On monday night around 9 15, the couple tells me joe was walking home after getting off the bus following a visit to the library. He was found on the roadway near the highway for road, he died at the hospital on thursday. s organs are now being harvested to give life to others. They are working on a 14 year
Operation u. N. Special envoy offers a bleak view of the political crisis in syria which in turn has resulted in a devastating humanitarian situation that continues to deteriorate on a daily basis close to a 1000000 displaced people being squeezed into an ever decreasing space by advancing front lines on all sides i am getting daily reports of babies and other Young Children dying in the cold. Imagine the grief of a parent who escaped a war zone with their child only to watch that child freeze to death many members contend the crisis is a direct consequence of Russian Support can only and with the plea to our russian colleagues to stop the support of syria if you tell the syrians that there is no longer military support to the Syrian Regime they will have to stop the onslaught on their own population so we will get one schoolgirl eager to my german colleague we will not stop supporting the legitimate government of syria which is conducting a legitimate fight against International Terro
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