Pandemic, the effects on the 2020 campaign, and controversial statements by the candidates. All that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Consumer cellular offers nocontracwireless plans that are designed to help you do more of the things you enjoy. Whether youre a talker, texter, browser, photographer, or a bit of everything, our u. S. Based Customer Service team is here to find a plan that fits you. To learn more, go to consumercellular. Tv the john s. And james l. Knight foundation. Fostering informed and engaged communities. More at kf. Org. And with the ongoing support of these institutions and friends of the newshour. This program was made pssible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff President Trump declared houses of worship essential today, and called on governors to
Global virus infections tops 2. 5 million with more than 175,000 deaths. U. S. Cases climbed 5 . Their biggest increase since april 10. Its get you started when it comes to the state of trading in asia. We are setting up for this wednesdays session. Sophie kamaruddin in hong kong for us. Sophie we are seeing mckay futures edge slightly higher with s p eminis expecting more eruptions in the region after asia was led lower by india on tuesday. Earnings adding to that drag. The yen just Holding Steady in the face of a stronger dollar, which is trading at a twoweek high and gold just resuming gains with spot prices up 11 this year and bank of america is bullish on bullion, raising its cold 18 month target to 3000 an ounce. Moving onto oil now, wti for june back above 13 a barrel after slipping below 10 in the new york session, which was pricing weakness in the front month contract. They are allowing for negative options to be lifted from april 22. We are seeing the Oil Forward Curve shifti
President trump said he made his decision on iran but refuses to say what the decision is. Speak thison due to hour, hopefully to clarify. Betty welcome back, yvonne. We missed you, a lot has happened in the last several weeks. Today with the fed, that has been the big news. Now we know this qt we have been talking about will Begin Next Week next month. Lets look at how the markets traded in reaction to this. In thiss quite a dip announcement and after with a news conference. We saw markets climb back. The s p closing above the red that, butnasdaq below the dow adding 42 points. I want to bring up a quick , which shows you how uncharted the territory is from markets. Since 2009 we have seen the s p track qe so tightly. Yes, they spread apart in the last year. But it really has been qe that has driven prices. Now where do we go . Yvonne we have seen the success of qe when it comes to equity markets, especially the s p. The big question is, will qt have the opposite effect of qe . Asia,
We are ready to take on an important part in all these institutions. On the other hand there are the second kind of International Mechanisms back to the g20. Both china and the u. S. Are important members to the g20 and the g20 is addressing international and Economic Issues at the top level. Progress that china has made is very important in many aspects but the fact that the developed economies and the socalled emerging markets are sticking together around the same table on equal footing to discuss global issues is progress. We certainly support that. So both institutions, so both parts of the institutions could play an effective role and contribute to the global cause of peace and stability and prosperity and china is certainly ready to take part in all these efforts. Thank you. Thank you. If i take the liberty of asking the second question, the audience [inaudible] the world, particularly u. S. And china face many potential crises and things that could escalate and get out of contro
All major points of contention. Will this become a new cold war . Ill talk first to the Chinese Ambassador to washington, krtcu tiankai, then to the former deputy of state, tony blinken. An explosion at a nuclear site, a major chlorine leak. What in the world is going on in iraq . We will get to the bottom of this mystery. Also, empty streets and sidewalks around the world, billions of people confined to their homes. What has this pandemic done to the world and to humanity . I will talk to the french philosopher bernardhenri levy. Finally from questioning president obamas place of birth to declaring dead people were voting for hillary clinton, Donald Trumps conspiracy theories of the subject of my new special airing monday night at 9 00 p. M. I will give you a sneak preview. But first, heres my take with the pandemic overshadowing everything, one can sometimes forget there is a president ial Campaign Going on. That helps to explain why the media paid so little attention over the past t