Tells bloomberg theres no risk in using e. S. M. Funds to weather the pandemic. This as multiple policymakers warn of the rising risk of deflation. Manus its just gone 9 00 a. M. In dubai. 6 00 a. M. In london. Were digesting really one of these moments from the fed, nejra, whether it was truly a dovish message. Were not even thinking about thinking about the possibility of raising rates. So we got this jucks pox, q. E. Forever juxtaposition, q. E. Forever, versus the reality of risk for the world. As the number of cases rises, it is unsettling the markets. In excess of 2 million in the United States of america. So the message from the fed, battling against the uncertainty of covid19. Good morning, nejra. Nerja good morning, manus. The debate about yield curve control continues. We understood that the fed and officials were certainly looking at it. In terms of the reaction in the treasury market, i mean, the bulls certainly came back. We saw that 10year yield drop to a 72 handle. The f
Borisjohnson commissions a review French Police have clashed into the two metre social with activists in several cities across the country, protesting distancing rule, as non essential against racism and alleged police shops across england prepare brutality. Around 15, 000 people to reopen tomorrow matt lucas and david gathered in central paris walliams apologise but clashes erupted, for the use of blackface make up and police fired tear gas at protesters who threw fireworks and bottles. Demonstrators demanded an end to racism as part of the worldwide in the Comedy Series Little Britain. Black lives matter movement. Boris johnson has ordered a review of the two metre social distancing rule. Rory mcilroy and justin rose are three shots off the lead many businesses and some of mrjohnsons own mps in texas as the pga tour returns. Have warned that large parts it could have been very of the Hospitality Industry will not different, though. Two bogeys and a double bogey survive if the rules a
Cope with 19. Help is on the way the british developed drew taking a heavy load of being too isolated area. With the sport as Manchester United reached the semifinals of b. F. A. Count thanks to a last minute. I mean. Malawis new president has been sworn in marking a historic result in african politics lazarus trick where 0 was declared the winner after a Court Ordered rerun of the election 65 year old playing nearly 59 percent of the vote to defeat incumbent peter. It is the 1st time in africa that a Court Ordered election has led to victory for the opposition candidate the Constitutional Court canceled with a very narrow win in last years poll citing a photon break. With your hero. We were stronger and new generation was trained. In the possibility of having our government that serve. Not our government our room. A government that is fine. With our political connections and he thinks he knows young people today in malawi dont have those opportunities me them up for statehood and tire
Marching in the u. K. Capital. 11 beijing neighborhoods placed under lockdown after 45. 00 people test positive for covert 19 at a wholesale food market. More than 12000000 people speaking 62 languages the challenges of getting the message to mexicos indigenous communities on how to contain the corona virus and only wanting to dispose of. Germany. As barcelona return to the pitch for the 1st time in 3 months and school off to just 65. 00 sec. Protesters out again in cities around the United States keeping up the calls for an end to Police Brutality after the death of george floyd in minneapolis theyve been marching down washington d. C. Blackflies not applause also demanding an end to Racial Injustice demonstrations also planned in new jersey philadelphia and los angeles the black lives Matter Movement has seen a resurgence 6 since floyds death caused by a white Police Officer who kept his knee on the 46 year olds neck for almost 9 minutes. In seattle protesters have maintained control
From the bloomberg terminal. A 2 trillion dollar wipeout. U. S. Equities see their worst rout in 12 weeks. Is there more to come . The precipice of disaster. Americas fourthlargest city but it may reimpose Steven Mnuchin says the country cannot close again. Plus, european banks close to Capital Requirements. Just under an hour away from the start of trading. Futureske a look at after the big drop we saw. Saw drops in asian stocks overnight. If you look at yesterdays cash a drop in the dax. 559 points. 559 point drop. In terms of u. S. Futures, we see a little bit of green on the screen. 1. 5 gains in s p and the dow. Can news on the u. K. Economy, lets get straight to that. The u. K. Economy shrank by 20. 4 . That is versus the previous month. Dropstimate had been for a of 18. 7 percent. 19 or so. It does show a stunning drop in output for the u. K. Economy during specifically the month of april. The u. K. Went into lockdown around the month of march. We are getting some other numbers