To the Drug Companies to even the tech companies. ,rude is above 30 a barrel 32. 22. Yield is at 68 basis points. At 7. 1270. An we have president xi speaking today to the world health organization. Coming up later this hour, we will be speaking with the ceo of moderna, which is reporting some good initial promising results for vaccine tests. Us atne bancel will join 10 30 eastern. Guy looking forward to that conversation. The market certainly responding to that. Mostin europe, the beaten up sectors are rising the most strongly today. You can see the mining stocks up by 6. 9 . Car stocks are up really strongly as well. They are all outperforming the stoxx 600, which is up a healthy 3 . The commodity story absolutely front and center, as a result of which we are seeing Commodity Currencies doing very well. You can see the aussie dollar trading up by 1. 15 . Up by 1. 15 . As you say, we are seeing rising around 0. 71 . Vonnie exactly. Chinese president xi jinping addressing the World Hea
I wonder if you could go back to that and mention why it is a scenario rather than a forecast, is not really a worstcase or how much of a worstcase is it. And if we are really looking to learn and to manage these scenarios, do we not need to be more robust about saying what the worst case actually is . First, the question of a scenario versus a forecast, the , the point applies to both committees. Forecastw, one makes a when one can take a view of the probability distribution of district outcomes around that forecast. Forecastmal to make a and say this is our best collective judgment, and then to publish a range of outcomes around that, and then for the financial policy committee, to look at the less likely outcomes , whereas the Monetary Policy except the central one. I think the judgment of both committees was that this pandemic, the weight is playing to the World Economy and the u. K. Economy, and the Public Health measures to contain it through time and the chance of a second or th
A plan to restart the countrys put this League Season in may but not Everyone Wants a pick off in the middle of a pandemic plus we talk to the british fund raising phenomenon captain tom borg he is 99 years old he fought and survived. And now hes telling people that they can survive this crisis to. Change. One bit which will blow up in the garage the some of the. Im bringing viewers on p. B. S. In the United States and all around the world welcome to europe and the pandemics economic costs European Union leaders have. Move closer today to an agreement on funding a joint Recovery Fund for the period after the coronavirus pandemic the 27 e. U. Leaders met in a Video Conference call today a diplomatic sources say that they agreed to ask the European Commission to work out the details of the common support Recovery Plan this is the 4th time that the leaders have met since the Virus Outbreak began in italy. Were e. U. Chief ursula fund ally and she took part in that summit today she warned
Delivered. And that german footballs top brass has signed off on a plan to restart the countrys pointlessly get in may but not Everyone Wants a kickoff in the middle of a pandemic. Im burnt off its good to have you with us we begin tonight with europe and the pandemics cos European Union leaders have moved closer to an agreement on funding a joint Recovery Fund for after the coronavirus pandemic the 27 e. U. Leaders met today in a Video Conference call diplomatic sources say that they agreed to ask the European Council the use executive wing to work out the details of the common support plan of this is the 4th time that leaders have met since the Virus Outbreak began. In italy. Where you cheevers live and ally and she took part in that virtual somebody and she is warning that all e. U. Countries need to see a steady recovery or risk a deepening divisions within your brother pandemic no certainly no borders and is blind to nationalities some countries are certainly hit harder than other
If it picks up, very mostly clear skies. 30s and 40s in my near new chu. It has so much information. Most locations will cool down. Down a couple of degrees from yesterday. Traffic continues to be light. Right now, there arent any big crashes. Traffic is move ago long pretty well around the bay. Now, lets go back to the headlines. Thank you. Time is 4 01. Stay at home. That is a message from residents calling it a matter of life or death. This is going to be a very painful two weeks. That the president s new warning. It follows new predictions from 100,000 to 240,000 americans could die from the coronavirus even if social distancing rules are obeyed. As sobering a number that is, we should be prepared. Is it going to be that much . I hope not, and i think the more we push on the mitigation, the less likelihood it would be that number. Now, over the next couple of weeks, this will be an increase in the number of corona virus cases and deaths, but he also says dont be discouraged because