Answering questions from the house of commons live on cspan2. We invite your participation using hashtag pmqs. Members are finishing up a business. Now live to the floor of the british house of commons. Children affected by do mystic abuse. I will go across to chris elmore. I would like to test the minister on relation to older people who are victims of Domestic Abuse, these were reported in 2019, 200,000 people age 6064 were given advice in wales and across the uk, what support is she doing for people who are older and victims . I thank the honorable member for his question. The services that are available to victims of Domestic Abuse in these troubling times and it is helpful to people who have online substances as younger generations. In addition we have 76 Million Pounds in funding to help people with 750 Million Pounds charity that includes victims of Domestic Abuse and marco elongate . The Church Housing association is a charity that provide support and housing to Vulnerable Peop
Germany sees the economy shrinking at least 5 . This, as fears of a virus followup could last for years. We hit our we will hear from ceo bill winters this hour. Haidi lets look at trading when it comes to australia. Asia looking softer, potentially modest bump up after u. S. Stocks saw the first gain in three days of losses. In new zealand, trading is dataway, retail sales is a point we will be looking at later to give us an indication, not super forwardlooking, but at least how things stand in terms of the fed rate period, asia excluding japan looks like it has had a flat week so far. That is u. S. Future. Waitinghe bond market, for the ava bond purchase, the aussie yield curve steepening ahead of the government announcing option plans for the coming week. We could see a bump up in primary activity, looking at the threeyear yield to and the week below target after the central bank boosted liquidity and calmed down money markets. We are watching banking stocks after they cut fees, one
The oil news really make up for that . As you can see, crude is up about 25 or so, but the rest of the market trying to hang in there as well. Every economist was very surprised here that the jobless claims were double what they were last weekend, more so than a lot of economist had been expecting. Indeed, 10 million jobs claims in two weeks, that really gets your attention. What is going on with bonds . I want to take a look at the bond market, i do think we have the board there, david. I dont know, we are going to have to leave it there, sorry. David ok, thats all right. Any sense of exactly what went on between President Trump and mohammad bin salman . The only headlines that we were getting is that he came out with a tweet saying that he expects saudi arabia and russia to cover the option by about 10 million 10 Million Barrels per day or so. Not sure if this is 10 Million Barrels per day or not, if that was barrels per day, that would be 10 of the Global Demand we had seen. For the
Biggest gain ever when it comes to wti in terms of percentage. We are losing steam there. We are not seeing a whole lot of movement here today. The offshore is slightly weaker. It does not seem like theres a whole lot of patterns you can actually string together here now that we are excluding japan. Ending the week back to where we started. Tom weve had another downgrade, another cut to forecast growth. Malaysia cutting its 2020 gdp growth estimates to 2 . A contraction of 2 . They are cutting their estimate to 2 on the coronavirus pandemic. Morgan stanley have upgraded malaysian equities. We will speak to Jonathan Gardner later in the show. We can has kim about the applications of that. Another grant outlook for malaysia. Worldwide cases of the coronavirus have reached more than one million infections and counting. Our chief north asia correspondent joins us on the line from hong kong. This is indeed a bleak milestone. Stephen thats right. Total673 is the latest were getting from the
Little, too late. European Officials Say it is too lockdownrelax restrictions. The german finance minister says he is prepared to offer aid. Read on the screen in asia for the third day in a role. Weakness in european and u. S. Futures. After gains in their cash trading yesterday. Investors mulling this grim milestone in terms of the outbreak. Jobless claims out of the u. S. , 10 million ssericans laming joblessne over the past two weeks. It could be noisy data because it does not take into account the full stale scale of the lockdowns. The dollar index above 100, Holding Onto Gains from the past two gains. Record to jump as President Trump talked about saudi and russia cutting production. The state ofto fourwith coronavirus, months after surfacing in wuhan, china, it has infected one Million People across the world. Italy and spain amount for almost half the deaths. The u. S. Accounts for a quarter of the cases. For a quarter of the cases. With some virus carriers preventing presentin