Between 5 and 7 . That kind of sets you up for your morning. Dollaryen, safe haven bid full in play. The yen and this was see the safe haven of choice. The long end of the curve taking more of that safe haven demand. Crude rolling over now. You have the virus, what is happening between opec and russia, and now a travel ban, which is going to destroyed jet fuel demand. Really taking it on the chin. 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 all of this mornings top stories. We begin in washington, where President Trump suspended travel from europe for the next 30 days, effective friday at midnight. The been excludes the you could the ban excludes the u. K. Pres. Trump to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days. The new rules will go into effect friday at midnight. Alix joining me as kevin cir
61yearold man. Similarities. Any this is the coronavirus and this helps us, the experience we have mers, havend prepared us for this. This is not unexpected. Outbreak of the virus which has been traced to central china, where it affected several dozen people who have been to a major meat and seafood market. The who released a statement saying it is working with officials in china and thailand following the report of the confirmed case outside china. Jury selection for Harvey Weinsteins rate trial in new york city continued today. Hundreds of people have been summoned for an initial screening process. Yesterday, supermodel gigi how did emerged as a potential juror. She disclosed that she had met the former studio boss and salma hayek, a potential witness. If convicted, weinstein could face life in prison. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Amanda
Refinitiv Lipper reported a significant drop in municipal bond mutual fund inflows at $36 million in the latest week, a signal the volatility of other markets may be creeping in. High-yield saw $53 million of inflows.
Former Federal Reserve Chairman Alan Greenspan (Alan Greenspan) has warned that there is a persistent threat of a significant rise in inflation in the US economy. The Fed had previously set an average inflation target of 2 per cent, allowing inflation to be "moderately" higher than 2 per cent for a period of time, but Mr Greenspan believes there will be persistent inflation well above the Fed's 2 per cent target.