Definitely running away from risky assets on virus fears over the weekend. We have a number of cases initially climbing, putting extra pressure on the ftse made. Mib. Down 4 . Travel and leisure down significantly so the fact the epicenter has moved from china, korea, and some of the asian economies in europe, it is freaking out investors, saying the spread may come to europe. But, two. 3 higher, 1682, outside to quality italia and markets. Italian sovereign bonds, dropping quite a lot as italy is the epicenter for the coronavirus in europe. Plenty more on that throughout the day but lets get to first word news in new york city with Viviana Hurtado. Viviana President Donald Trump in india. Moments ago, he said he is countries can reach a great trade deal, as he announced they are to sign a deal worth 3 billion in military sales. It also comes during his official status visit. Mp spoke at a namaste tru event and will visit the taj mahal. Reforms. S want sweeping boats in iran and other
Distinguished career with the department of justice. This is what Vice President pence said about him when he was being sworn in. He said he is a man of independence and integrity and good character. In terms of the rule of law, in terms of upholding justice. The rules are very broad. Talk to us about a day in the life and what you do with respect to fighting terrorism, fighting crime and upholding the rule of law. Rob rosenstein as you recognize, it is a lowprofile job in many respects. Employees in the front of justice. You would not know that from the newspapers or cable tv news. But there is a lot that goes on in the government of justice. The Deputy Attorneys job is to manage those jobs. There are a couple of large components. We have a lot of different operations. As the governor mentioned, the unifying theme of the department of justice is about the rule of law, ensuring protection, ensuring it is enforced equitably around the country. The best known for the criminal enforcement
You are welcome. This is the pulse. Where life from bloombergs European Headquarters. Wellp, what we have we have a feast. We hear from the former cochief executive of Deutsche Bank as he is interviewed by john micklethwait. In about a halfhour, i am going be speaking from the speaking to vittorio grilli. We have an actionpacked the pulse for you. Thatgross who predicted u. S. Equities have another 10 to fall. Another leg lower. Investors should sickout the current volatility. There is no doubt that there was full of tilting which indicates there is a move in markets. Investors should continue to have a risk off posture. What does that mean . That could mean larger amounts of cash. That could mean Higher Quality investments. In terms of bond market, more treasuries and more duration than you normally would. Manus that comes as Goldman Sachs warns there is a chance that Federal Reserve will delay well into 2016 or later. Factoryoured german data printing this morning. Markets digesting
To report or not report? While more than half of all companies have suffered a data breach, 71% of IT professionals say they have been told to not report an incident, which could mean legal jeopardy.