Not a surprise if you look to see whats happening with the shutdown of the economy, the forced shutdown because of coronavirus. Taking a look at the tenyear this morning, it looks like that is yielding about 0. 735 at least on the last time i looked at the boards it was. And then wti is the other big story today. Joe also mentioned opec plus deal it was an historic one opec and other nations agreeing to cut Global Oil Production by onetenth. Well talk about this in a few minutes. Wti is up by 1. 5 to 23. 11 a barrel. We have a huge lineup of squawk newsmakers including Mohamed El Erian, Richard Preston and dr. Scott gottlieb starting in a few minutes. Andrew thanks, becky hope everybody had a great weekend. Lets bring everybody an update on the pandemic. Of course, the number of confirmed cases in the United States now more than 557,000 and the death toll is more than 22,000 there are 190,000 cases in new york state with more than 9300 deaths that means new york alone has reported more
And carol has the weather. Good morning, a much milder stuff and most of this yesterday but much cloudier run with rain in the north and the west. Dry and bright with some sunshine later on. More details on 15 minutes. The bank of england has predicted that up to 75,000 jobs could be lost in the uks Financial Services sector if brexit negotiations fail to produce a trade deal with the European Union. Senior figures at the bank have also warned Financial Firms to prepare to lose their right to trade across the eu. 0ur economics editor kamal ahmed reports. It will be one of the toughest challenges facing the brexit negotiators, im tackling the multitrillion pound Financial Services industry which links the uk with the rest of the European Union. Banks and Financial Companies based in britain pay £67 billion in taxes each year and contribute a trade surplus of £58 billion helping the uks economy. Many eu countries would like a slice of the sector and see brexit as an opportunity. Frankf
Singapore, Singapore (Newsfile Corp. - October 4, 2023) - Convergence RFQ, a fully-on chain infrastructure product for trading systems, has concluded a $2.5 million in seed funding round. The seed round included notable investors such as Big Brain VC, Ascensive Assets, Auros Global, C² Ventures, Cogitent Ventures, Israel Blockchain Association, and Peer Fund. Convergence Seed InvestorsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/9038/177907 d86