A gut punch for the tech sector. Apple is the latest to pull the inperson events. Its worldwide conference will and a red online only ashless society fear of the virus via the greenback. Well talk to the cofounder of square. Take a eantime, let us look at how wall street ended, this wild week. I have no words. Erased all of the losses that we had on yesterday, look at this, s p having its 20008 and tech really one of the big outperformers here followed by as you can see, 13 basis points. At one point it was above 1 96 basis about points. South of the border with volatility this week, it was all at one point, we had a 75 on the vix, coming down to 57. And crude, a supply and demand in there above 30 a barrel. That means a bloomberg commodity made up of a lot of energy, you are getting the weakest levels you have seen 2016. Since it is all about king dollar, the safe haven bids investors rushed and the bloomberg dollar index now the strongest in almost three years. That we sawet moves th
Do you want to go through the data . Tom yeah, let me go through the data. The news is in conversations. Limit 12. 55 with a massive curve flattening, oil down at the bottom, speaking volumes. Next screen, please. The vix is a good litmus paper, not moving here with futures down, 40. 94. I am not sure what the implied 5. 0is, but im guessing will be a good place to start. That is the yen. What is absolutely telling, there is persistent yen strength through the japanese day and the london morning. The 30year bond. Third screen and i know francine has a more europecentered view. This is the chairman powell screen. What will they do before the market opens . This is what they are looking at. The twoyear yields from the u. S. , u. K. That is stunning on the United Kingdom, maybe near a negative yield in japan and down to germany as well. Francine . Francine first of all, we did have the iaea headlines crossing the terminal moments ago, oil demand dropping for the First Time Since 2009, whi
Say no sorry i couldnt do anything because that country over there didnt do anything so if theyre not going to do it and im not im from sweden its a small country and that is the same argument why should we do anything just look at the us. Also coming up with the u. S. Iranian yoyo of war and peace one day the u. S. Is threatening a military response today tehran is threatening war with washington suddenly playing the diplomat we are still striving to build out a coalition i was here at active diplomacy while the foreign minister of iran is threatening all out war as the fight to the last american. Puts you our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the children and the grown ups this week on capitol hill in washington d. C. In a series of. Heated ugly serious and inspiring congressional hearings we were shown 2 very different worlds both competing for attention and resources there were the angry adults sheltering accusations at
if ukraine is going to attract the investment, it s going to need the investment it s going to need notjust from governments, notjust from internationalfinancial institutions, but from the private sector. the private sector, it has to build the best possible environment to attract that investment. well some of that extra funding could come from the european union. the european commission president, ursula von der leyen, has asked eu member states to provide 55 billion dollars to support ukraine over the next four years. she said that this reserve would allow brussels to calibrate its financial support depending on the situation on the ground. let s bring in amanda and peter. in many ways, this is a positive sign, looking at life after the war. , but perhaps some of it seems premature? i think it is a rather well timed. as you say, it looks beyond the immediate offensive towards the huge task of reconstructing ukraine, hopefully when some kind of peace is reached. i think, hop
With our royal correspondent, Cameron Walker. Bordeaux twinned with bristol , where the Cameron Walker. Bordeaux twinned with bristol, where the king and queen will be enjoying a reception on a Royal Navy Frigate in bordeaux. And theyll frigate in bordeaux. And theyll also be riding a tram to the main square. King charles will also be hearing about the effects of Climate Change after some horrendous forest fires in in bordeaux last year, which destroyed thousands of acres. And its certainly been a Climate Change since they left paris pit. Oh, it was Climate Change since they left paris pit. Oh, it was raining cats and dogs the whole time there. And now look, theyve sun kissed and theyre going to a vineyard. Theyre kissed and theyre going to a vineyard. Theyre organic vineyard. Theyre an organic vineyard. Theyre an organic vineyard. Theyll vineyard. So no doubt theyll have a little taste of the local brew. Lucky them. There are the lucky them. So there are the king queen landing at in k