That is where we are at the moment. Another down day for crude. Brent also down. Tom lets get more analysis on the market. When you look at what happened with help things are playing out in asia, is it taking offer a stellar quarter . Probably a bit of both. Concern withys the cases we have seen. In cases like texas. They have a bit of a crisis going on there. The fact that new york, new jersey, and connecticut have now set a quarantine for people who travel from these hot zones and the rest of america. Imposing an economic constraint. They are worried there will be another abruptness to this. That the Economic Growth that america had. In states of new york, when they take this action, that is a worrying time. That would hurt businesses on a much bigger basis. That is what wall street is concerned about. The hit to the economy. There has been talk the u. S. Government is getting ready to do a fourth round of fiscal stimulus. There has not been any details yet. The market would be conce
The p. M. I. Well dive deep into this in a bit. Look at the boards. The dollar still holds on to the retreat. That is helping some asian currencies out there. Ere holding on 706. We were near the 100day moving average. Were siegristance now that the dollar seems to be hovering around the twoweek lows despite the fact but were seeing the dollaryen pretty much at 168 but seeing at least six days of gains so far for the japanese currency. Watching oil price. We see it climbs once again. You are seeing w. T. I. Futures. 4 higher for brent crude. Gold snapped out of four dives declines. It is largely unchanged. Hovering around 62 basis points now. We have the First Official gauge for chinas economy in april. Weakened again. Investors are waiting to see what steps the pboc may take to bolster the economy. Our guest from citigroup joins us this morning. What is your assessment of the p. M. I. Data that we got. Nonmanufacturing. Manufacturing below the forecast. Still in expansion territory. A
Jerome powell talks of heartbreaking harm from the coronavirus and says the pandemic has brought the u. S. To an abrupt halt. We are seeing optimism with asian stocks really prized to follow the leader when it comes to gains on wall street overnight. The s p 500 gaining 2. 5 percent, touching a sevenweek high as we have the dual optimism over expected track to a vaccine with the socalled operation work speed from the Trump Administration. More encouraging news about efficacy on a Gilead Sciences therapeutic as well. We are taking a look at gains resuming in new zealand. Japanese futures pointed up after yesterdays public holiday. U. S. Futures also showing an extension of those public gains. On seeing futures looking positive as well. Korea closed today and hong kong markets closed for the birthday holiday. Taking a look at oil because we are seeing a second day of gains for wti up, the 22 plus gain in the overnight session. We are seeing opening up here higher by over 6 in asia. This
In no way an anti muslim demonstration descends into a street brawl after its leader sets a copy of the koran on fire and the head of the organization for the prohibition of chemical weapons signs an open letter urging his own watchdog to give to whistleblowers a platform at its next conference they allege evidence relating to a probe into a syrian top secret attack was suppressed. By the welcome to day here in moscow are you watching r. T. International now the protests in bolivia show no sign of dying dying with demonstrators tonight seeing what they call a coup against the countrys former leader evo morales he resigned 2 weeks ago on the advice of the countrys military granted asylum in mexico clashes that with the police have left 27 dead so far and hundreds injured supporters of morale as say the armed forces being heavy handed. But it was we want justice from this president how is she sending military police to kill us like animals if were human beings were not animals for them t
Youre watching R T International bring you your live news update from our studio here in moscow welcome to the program. A lot of reporting has spoken at the Economic Forum a russia is calling the global and National Economy sanctions and International Relations where the focus across life now to r. T. Is more if not for all of the details what has been said there. Well hijacked plane yes for almost 2 hours widely reported has been answering questions from participants of 11th annual russia call an Investment Forum they see or at the event gathered guests from 80 countries it was a very interesting conversation about what talking to call on me can hardly avoid discussing see the economic sanctions the u. S. Keeps imposing on russia and its effect on Global Economy is there any hope it can be lifted any time soon was a question from an american businessman. Is that. If we talk about sanctions in the perspectives of lifting them this is not our juicy he but it was the u. S. Administration