The one business show you cant afford to miss. And im christie i watching 10 coming out the number of one of i think back to world wide profit a new milestone well tell you what is happening around the world. And that look at where markets have been this week worldwide and where theyre headed. And biohacking your body what does that mean to use fast and nootropics to trick your body into Better Health we have a guest is going to break it all down its fascinating stuff so much to get to on this very busy day so lets get started and we begin with the numbers on the corona virus in fact those cases worldwide have now crossed the 100000 mark the latest data also indicates that more than one 5th of those infection cases are outside of china in all about 90 countries now have at least one case of the corona virus and in china the work is being done to create treatments on the virus and any possible mutations. Which tends. To. At present we have the unified deployment of virus we. Developed y
We have the unified deployment of virus we. Developed you know the china the virus mutations we saw have not affected Drug Development or the preparation of antibodies in vaccine so at present all the work is under control so we are actively observing the degree of the virus mutation and we are actively pursuing Scientific Research projects that. Go outside of china south Korea Remains the 2nd worst hit country and as of friday they are reporting the nother jump in infections across europe the containment strategy has been focused on isolating patients in areas where outbreaks have been spotted italy of course remains the site of europes biggest outbreak and the number of infections there have increased from dozens of daily cases to hundreds there are now over 3800 infections in italy 577 in germany and 423 in france a 5th patient has died from the virus in spain as the number of reported cases there has jumped to 102 though all of the victims so far in spain are in that high risk cate
Rebounds, even as saudi arabia turns up the heat. The kingdom is now threatening to flood the market next month. Relisting into the White House Briefing on the coronavirus. Larry cutler is currently speaking. We had a lot of momentum in the First Quarter. I recognize the challenges, and that is why we are proposing to combinel measures with monetary measures that have already been taken. The president intends to bring the full power of the federal government to deal with these health and economic challenges. And a word from the surgeon general, jerome adams. Evening, everyone. As surgeon general, whether its opioids or cigarettes or the coronavirus, i job is to help the American People understand how to live a healthy life. I am imploring all of you to help share my prescription for america to overcome this coronavirus situation that we are in. Watching awere just press conference at the white house. Were listening to larry kudlow speak about measures from the federal government in ord
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
Meaning less demand for oil. Meanwhile similar story in bond market, yield on 10year treasury below 4 tenths of a percent overnight. Now we are staying right under and it is down 28 basis points. Again, another indication of a recession at hand. The 30year following 1 for the first time in history. The 30year bond, the yield there at. 883 . Thats down 40 basis points this morning. Global markets reacting to all of this this morning in the stock market. Deep selloff in europe. The cac quarante down 335 points. That is 6 and a half percent and dax index in germany lower by 672. Overnight in asia across the board. Chinese experts tumbled in the month of january, more signs of trouble in japan as well. First quarter gdp lower in japan showing the economy contracted 7. 1 from the previous quarter. Thats a sharp contraction in japan. This on top of the Coronavirus Crisis, cases in the United States and abroad are growing. The white house looking into emergency measures. Overseas italy report