Treasury market. Unbelievable moves. Commodities just keep getting crushed. Crude is at 40 have dollars. Time not is at 45. Tom never global exchange. Our bloomberg voices are on the ground with this mornings top stories. In asia, new cases of the coronavirus continue to appear outside of china. New zealand and lithuania have reported their first infections. And cases anda, south korea have gone to over 2000. Joining me is stephen engle. That is the case outside of china. Theresns that if 83,000 globally, thats more than 4000 outside of china. Chinas rate of new infections has been slowing down. New cases since yesterday, but south korea nearly doubled that in one day. They reported another batch of new numbers on top of the numbers this morning. They added 571 cases from yesterday. That means they have more than 2100 cases and climbing. Japan also climbing towards 1000 confirmed cases, 931 if you 700 from the cruise ship off yokohama. Tokaido has declared a state of emergency the day
Out from under it. It is time now for global exchange. We are going to bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. We are going to focus heavily on the markets. We begin in the u. S. , where the 10 year yield fell more than 1 this year. Here was more is annmarie hordern. Annmarie we are seeing a massive flight to safety. I can show you some of these numbers. Gold trading just under 1700 an ounce. This is the asset to own and this kind of market. Then you have the swiss franc. Deutsche bank said in the recent note we could see parity. We havent seen that since the s p lifted the cap the snb lifted the cap. B 30 year yield went through 1. 5 . Right now, 1. 39 . Three standard deviations. Thats how much we moved to the downside. We have not seen this since 2011. People on wall street say this might be a recession. Alix thank you very much. All of that leading to massive volatility within the equity m
Surveillance, im Francine Lacqua in london. She targeted bloomberg, but she said about this appointment . Have they been for it or have a lot of the focus who know the had punches for pete and for amy. They had questions . Axel first, you can see the markets will be no the banks. Surveillance. But the question is, bloomberg was surging and biden was a joining as now, Ebrahim Rahbari. Reaction of the stock has been on the markets will be in positive. Distressed candidate. I ways think it is very does this shift the narrative, important when there are some polling . The banks. Conventional wisdom tells you changes, the market has the debates do not tend to move stocks down some 0. 2 . First reaction which was in voters opinions, but this one general positive. Clients have questions around was very fractious, very we did have corporate warnings. The process but i have not passionate. Tom what is so important here, what does wiki yen indicate to received feedback that was we are looking at
Average in Silicon Valley. Sharing house committees facing the challenges and introducing us to a new friend please welcome bastian. [applause] hello. Hello. Welcome. Thank you. The Business Model is Pretty Simple. There are a few other Delivery Companies out there that have gotten pretty big as well but you guys focused on innovating in certain areas and can you explain a little about how your approach innovation . Good morning, first of all. Thank you for having me. Excited to be here. Look, we simply like to compete not dollar for dollar but with innovation as you mentioned and i think, in many cases, the smarter way to compete. Money is one angle and its an important one but if you are not the most wellcapitalized player in any space that are operating and you have to find alternatives to compete. That is what we do as a company at post mates. One of the innovations that we have, i think, we brought it for today. We believe that there is a piece of the network that we are building
Average in Silicon Valley. Sharing house committees facing the challenges and introducing us to a new friend please welcome bastian. [applause] hello. Hello. Welcome. Thank you. The Business Model is Pretty Simple. There are a few other Delivery Companies out there that have gotten pretty big as well but you guys focused on innovating in certain areas and can you explain a little about how your approach innovation . Good morning, first of all. Thank you for having me. Excited to be here. Look, we simply like to compete not dollar for dollar but with innovation as you mentioned and i think, in many cases, the smarter way to compete. Money is one angle and its an important one but if you are not the most wellcapitalized player in any space that are operating and you have to find alternatives to compete. That is what we do as a company at post mates. One of the innovations that we have, i think, we brought it for today. We believe that there is a piece of the network that we are building