High of the day. Futures were limit up. Westart the session started the session up more than 5 at one point. Only a few days ago, we were wowed when the tenure went through 1 . It is hoping to hold know that it is approaching 1 again. The dollar stronger today. Below 107 on the yen, 106. 94. We will be speaking with john taylor of Stanford University in just a moment. Guy this doesnt even feel like a dead cat. It feels like a dead kitten. The equity markets are bouncing, but not much. Europe is off its session highs. Relative to4 , but the biggest move ever to the downside yesterday, that doesnt feel that impressive. Trading at 307. A lot of action in the german 30 year. You are seeing bid offers tightening up a little bit. Thats good. Liquidity may be starting to come back. That was certainly a focus for the fed yesterday. What is interesting as well, the bdp market is on offer again. We started to see yields coming back down again after yesterdays christine lagardeinduced move. That
Default after its leaders say the country cannot make weak payments due within days coming up in small french champions paris sandra men become the latest Football Club to be disrupted by the coronavirus are break after their game with strands ball is called all. The company with us here on the news hour we begin with the corona virus which is forcing governments around the world to impose new restrictions to limit its spread and iranian politician has died from the virus as Health Authorities there reported more than a 1000 new cases and 21 deaths in the past 24 hours in italy the number of deaths has risen to 197 after the largest daily increase in the fatalities since the outbreak schools. Universities and cinemas across the country remain closed and in the u. S. 2 people have died in florida the 1st fate teletubbies outside of the west coast more than 330 people have contracted the virus there but the hotel used as a Quarantine Center in chinas province has also collapsed trapping
Who are representing his interests. As events of towns in northeastern france accused. Of illegally dumping garbage across the border. Good evening and welcome this is the weekly here marty international. 4 employees of Russia Sputnik news agency in turkey have been released after questioning editor in chief along with 3 others were detained in ankara and istanbul on saturday says that Turkish Police also searched the office for the no reason was given earlier our correspondent taylor brought me the latest details. Has been grabbing headlines in recent days youve seen this picture of migrants flooding across its border but this is another story from there thats been slightly over looked so in 3 journalists who work for Russia Sputnik news agency in ankara have been released now off to several hours in Police Custody and thats because off to questioning no reason was found to hold them. I originally they actually went to the peace of their own free will because they wanted to file a com
Decade, because revenue came in much short of wall street estimates. Guy absolutely. Lets go back to that dollar story. Youve got cable breaking lower today, through some key levels. We just broken through 1. 28. The retail bounce we were seeing earlier on has faded quickly. Dollaryen, yesterday we were talking about knowing through 110. We are now through 112. Stoxx 600 just off session lows, down by around 0. 4 . The insurance sector in particular a big focus in europe. Some of these stocks really getting knocked to the downside. Vonnie Morgan Stanley has agreed to buy e trade, one of the few remaining standalone retail brokerages. It is an all stock takeover valued at 13 billion. We are joined by our Global Finance executive editor cameron gage. This is a very phenomenal deal, and i am curious as to your thoughts on valuation, given what we have already seen in the brokers space in terms of consolidation. Asking people are whether they paid too much for it, but this goes with goldma
Dropped china from its list of currency manipulators at the same time washington is making headway in reducing its gaping trade deficit with china right before wednesdays scheduled signing of a phase one trade deal between the 2 countries. No obvious signs of enthusiasm on the chinese side vice premier the oha arriving tuesday to sign an interim deal that at 1st glance is more favorable to the u. S. Its an agreement thats already boosted u. S. Markets and stands to pacify American Farmers china will buy 80000000000. 00 more in American Goods like the soybeans and another 35000000000. 00 in Services Still theres more reason to smile of aging these days the economy is showing signs of life exports were strongly up in december for the 1st time in months oil imports are on the rise and significantly the u. S. Says it will stop labeling china a currency manipulator. A trade deal takes some pressure off china without digging too deep into stick here issues like intellectual property and tech