And oil is up to the tune of 25 . The jobless claims rocked the street. We were expecting them to be bad. We were not expecting them to be 6. 6 million bad. Jackie deangelis, jackie. Reporter good afternoon to you, neil. Lets go ahead to start with the tweet from the president that had the dow jones up more than 300 points now. The president said, i spoke to my friend, mbs, crown prince of saudi arabia who spoke with president putin of russia and i expect and hope they will be cutting back approximately 10 Million Barrels and maybe substantially more, which if it happens will be great for the oil and gas industry. The markets are rallying on this, because low oil prices are good for consumers and businesses that use oil. Statement, you dont want the price to be so low that the shale producers go out of business. That the Oil Producers have a hard time, staying, conducting, keeping things going. So prices spiking today, more than 20 is a positive sign that it is all moving in the right
Milan has seen a slowdown in new cases as wuhan prepares to lift its lockdown. Nejra welcome to daybreak europe. We have a lockdown in the u. K. The wuhan lockdown taken for the First Time Since january 23, and the fed pulls out all the stops, extending its Corporate Lending program. The fiscal stimulus package from the u. S. The movement from the fed brings a little life back to risk assets, some green on the screen in u. S. And european futures. We see gold extending gains. Goldman sachs says theres an Inflection Point after the selloff, and it is time to maybe move into gold. They are talking about the move from the fed easing the liquidity crisis that caused the selloff in the first place. Oil rising as well. The u. K. Is in lockdown after Prime Minister Boris Johnson ordered sweeping measures to stop people leaving their homes for at least three weeks. Police will break up gatherings and have the power to fine individuals who break the new laws. I must give the british people a ve
The pboc cuts mediumterm borrowing costs again amid expectations for further easing. Holds a virtual spring meeting. Welcome to daybreak europe. Emerging markets are very much in focus with the imf meeting. What a dire warning on the Great Lockdown recession. This is a bank of America Survey. The pessimism with cash levels at their highest since 9 11. Globalinvestors expect a recession in the next year. Manus the question is, our markets prepare for that . We woke up to a world which is driven by unilateralism over multilateralism. The halting of payments to the World Health Organization, the policy in the g7, unilateralism within the United States of america is alive and well. Theavorite line apart from 450 increase in provisions of jpmorgan is from howard marks. A healthy fear of loss in the market has been taken away. Weve got results. Forfirming the guidance 2020. Thats a big call. Nejra the red headline is that asml is refraining from giving guidance for the Second Quarter. 2020,
Afterwards and now adults and these are their children so they are the 2nd and 3rd generations of disabled children were still seeing the effects but the governments doing nothing. The disabilities are the result of hours Long Exposure to the toxic gas metal ice a sign of 8 which escaped from the plant in 1984 and by decades of using water contaminated by Chemical Waste abandoned at the site. Now wave your hands. Actually the part of this it is armed with that there is nobody goes to work with these 2 rows because they are not giving money to them and we are 1. 00 thing that is giving them that if we would see of cause and they are getting help from us by. Physical disability or. Reading about men you know doing this if it is. Old rule made thats clear from the. Room or this isnt. Just. 13 year old to she is paralyzed on one side of her body her mother who was born in 1903 shortly before the catastrophe really leaves her side. Move forward a little. Come put your foot down in front. Of
Gary trust was founded in 2006 by 2 survivors of the worlds worst industrial disaster rashida b is one of them a little us allow or sell everything ok. Tell. Me. That. Yeah well you never got it right because i had although i still see the impact of Union Carbide spurs in after 35 years and its actually growing worse that were burning the babies who were born right afterwards and now adults and these are their children so theyre the 2nd and 3rd generations of disabled children were still seeing the effects but the governments doing nothing. The disabilities are the result of hours Long Exposure to the toxic gas metal our society which escaped from the plant in 1904 and by decades of using water contaminated by Chemical Waste abandoned at the site. Now wave your hands. Actually the part of this it is armed with that there is nobody goes to work with these 2 rooms because they are not giving money to them and we are wanting that hed given them that if we would see of cause and they are g