The moves weve seen markets everywhere were rattled by this news look at the treasury market. The tepyenyear went all the w down to 1. 89 . This morning the yield is lower, 1. 847 this is happening as you look at yields rolling back to levels we have not seen since november of 2016 the 30year is yielding 2. 377 the twoyear is at 1. 70 the five year at 1. 648 overnight in asia, stock theres took it hard you will see that the nikkei was down 2. 1 . The hang sens off by 2. 35 the shanghai was down by 1. 4 . In europe this morning, there are red arrows there as well with significant losses. The cac is down by 2. 75 the dax is off by 2. 6 the ftse off by 1. 9 so around the world all of this, people are watching closely to see what this means for the economy. Maybe no better market to see that in than the move in crude oil prices yesterday wti was off by more than 4. A decline of 7. 9 . Thats the worst single day performance since february of 2015 concerns about what this all will mean for t
Anywhere in the bond market. Crudear yield totally bucking its train from yesterday. Were selloff in over four years. The worst selloff in over four years. We are going to kick things off , the morningtters news that is moving the world. We are going to kick it off with china responding to the trade escalation. Ministrygn spokesperson saying china will have to take necessary countermeasures. We took now to bloombergs chief is a correspondent chief asia correspondent enda curran. Enda a pretty robust response, as you would expect. They said they will retaliate if the u. S. Goes ahead with these tariffs. They stop short on specific details, but the thinking is that china could respond by making life much more difficult for u. S. Companies operating within china that could divert purchases of agricultural goods away from the u. S. And scrapped those promises to buy more u. S. And they could let the yuan soften against the dollar. They probably have some restrictions on what they can do in
Greetings from berlin and a warm welcome to our arts and culture news and before we get dazzled by some cutting edge of light art heres what else is coming up. In our continuing series 100 german must reads a personal account of the wrong realities of trench warfare in world war one. Our new series underground europe explores whats going on below the surface of the continents many must see locations this time in poland. And some exciting news in film as the latest from Marvel Studios and ventures and skate has become the highest grossing film of all time. Oh yes sociate light with bright ideas and at the worlds 1st Museum Dedicated entirely to light art there are certainly plenty of those housed deep in the belly of a former brewery in western germany the center for International Light art opened in 2001 when addition to its Permanent Collection its currently showing the finalists for the 3rd International Light art award with some brilliant explorations of a material that of course is
Breeze. Today is one of the three hottest days in the forecast. Mid 50s to 60s, 80s to mid 90s, even a few triple digits possible near brent wood. Looking at the bay bridge toll plaza. Car pool lanes are open as we can see. A lot of folks taking advantage of that. Cash lanes stacked up on either side. Fast track lanes moving through without any issues. We should have the metering lights flipped on closer to 5 20. Nice and light with no major blocking problems. Westbound 580 tracy to dublin now in the yellow at 40 minutes. Westbound 4 antioch to concord in the green. We are just minutes away from Robert Mueller beginning his highly anticipated testimony before congress. Lets take a live look at capitol hill. Democrats are hoping mueller will reveal whether he would have charged President Trump with a crime if it werent for the Justice Department rule against prosecuting a sitting president. Both parties have been preparing for this testimony with mock hearings. Sources tell abc news the
30 minutes. With me hello welcome the u. K. Government is looking into the possibility of a hostile. To london by britain. The embarrassing revelations exposed what he really thought of the president. As well just couldnt resist. The wacky ambassador that the u. K. For we stood upon the United States is not someone we are thrilled with a very stupid guy he should speak to his country and Prime Minister may about their failed break that negotiation and not be upset with my criticism of how badly it was. With the probe into the case still ongoing it does seem that british media have already made up their mind whos to blame parties probably boyko told me more or. The relationship between london and washington is really falling victim to this mystery of who leaked these excruciating really embarrassing diplomatic cables and the attention now is really on who did it take a listen to what jeremy hunt the foreign secretary here had to say about who might be behind these leaks of course it wou