15,000. Take a look at the kospi. We are focused on samsung earnings. Samsung warning of a profit slide as this virus squeezes the tech industry. Samsung shares largely after the results came out unchanged. We are watching out for the singapore jobless numbers coming out this hour. 2. 6 , an 11 year high. We see this recovery momentum coming back in offshore chinese stocks. The moving average yesterday when things close, and we are higher here today. Bank of china among them. Dollaryen, a little strength. And some strength for the korean won. Oil remains the story, but take a look at volatility. When it comes to oil contracts, we are leapfrogging of june to july and seeing wild gyrations. We have bounced back after wti auched 10, but we lost quarter of the value when it comes to crude. It looks like volatility will continue. Into julywill roll with the spread of the june and july contracts especially for wti getting rocked by volatility. Tom we will get more on that story in a few minu
At 10. 01 per barrel. It did manage to scratch back about 126 of yesterdays 300 plus loss but energy has swamped the stock market over the past 48 hours, completely wiping out fridays 700 plus point gain for the Dow Jones Industrials. Right now we are looking at the dow swooning at the moment, down 562 points. Thats good for a 2. 33 loss. All three major indices are facing a second straight day in the red. Could a lifeboat arrive within just an hour or two . Word is congress is coming together as we speak to replenish the Small Business rescue plan with a fresh 310 billion round of loans. As some big banks, though, play favorites with the First Tranche of money, nontraditional lenders are fast gaining more respect. Weve got the chairman and ceo of one of them. He has already delivered 2 billion to Small Companies and is ready, willing and able to do it once again. Got to hear how hes doing it. And hollywood is on hold as the sopranos prequell sleeps with the fishes. Steph patt ernot is
Kindly is professor yeah i know im less intense in austin on kansas and im cynical and also if thats not the most cantons only dishonest examining on muslim holy land. I am or ought not to musea. The phrase in dire straits covers statistics to say it is because the wind in an hour you can buy the stocks and make it more environmental friendly and more fair but but then i look at the labels you are in most of the labels are fake they say oh its green its right environment will friendly its what they were and its a fake label the company itself invented im with you that at some level. Its overwhelming theres so much noise about. Whats right and whats good feeling good lets not forget even organic and by the law just is ok to eat good as well. Or how it was made or anything about it do i know that its healthy well you know it may have high levels of it i mean but let me again has it been transported so long that some of this is decayed you know what the hell is going on so even with just
The global corona crisis you can find more information on the mindset e. W. Dot com and on social media channels. Oils collapse in the u. S. Has Global Markets worried deflation is the big fear as producers rein in production the question on everyones mind when will demands pick back up. Beijing gets back to business well see how chinese firms are changing to cope with the coronavirus. And pandemic measures claim a victim down under as ferg an Australian Airlines files for bankruptcy. This is your Business Report im sure. Its good to have you with us now the crash in u. S. Oil prices is reverberating around the globe pushing stocks toward losses and driving Commodity Prices down major Oil Producing nations could be hit hardest with lower prices carving chunks out of their budgets theyre now hoping that demand rebounds in the months ahead. Demand for oil has plunged amid the worldwide lockdowns lentil cough in 1000 pandemic and that coincided with a surge in oil supply the result of a r
Reporter you were good just like her and shes looking for answers thankfully with the help of training expect. Thank you is not life as we know it. Together our new web series. Oils collapse in the u. S. Has Global Markets worried deflation is the big fear as producers rein in production the question on everyones mind when will demands pick back up. Beijing gets back to Business School see how chinese firms are changing to cope with the coronavirus. And pandemic measures claim a victim down under as Virgin Australia Airlines Files for bankruptcy. This is your business report. Stephen theres a in berlin its good to have you with us now the crash in u. S. Oil prices is reverberating around the globe pushing stocks toward losses and driving Commodity Prices down major Oil Producing nations could be hit hardest with lower prices carving chunks out of their budgets theyre now hoping that demand rebounds in the months ahead. Demand for oil has plunged amid the worldwide lockdowns linked to t