We were effectively at the lower bound already, so that is coming in at 25 basis points. The Canadian Dollar was already weaker before this. It is weaker now by 1. 5 versus the u. S. Dollar. Lets take a look at where we stand markets wise. We knew after the retail sales data we would like to down, and we are. Awn 2. 4 for the s p 500, and move for the 10 year yield is well back down to 66 basis points. Crude oil has recovered ever so slightly. We were at the 19 handle for most of the morning. 42. Vix is back up to what is happening in europe, guy . Btp spread is widening out. It seems every nation for themselves. It seems there will be no mutualization of debt. Every sector is a negative territory right now. The banks and the oil stocks are the worst performers. You got a pound on offer, the dollar generally bid today. The market is looking for a little bit of safety today. Vonnie arent we all . Lets get you our first guest. We are delighted to be joined by joseph stiglitz, Columbia Un
Demand for fuel continues to collapse. U. S. Futures dropping below 20 a barrel. Bridgewater associates says the pandemic is more damaging than the financial crisis i decade ago. We hear from the cochairman, ray dalio, this hour. Shery here is how markets are trading at the moment. We are seeing stocks continue to gain ground for the third session. We continue to see Downside Pressure for u. S. Futures, which are down 0. 7 . Really accelerating those losses this evening. This after the s p 500 already sank from a onemonth high. We have seen earnings, Economic Data highlighting the impact of the coronavirus pandemic. Nikkei futures down 0. 4 . As we continue to see an appreciation in the japanese yen, which is now at a two week strength against the u. S. Dollar. When it comes to crude, prices rebounding a little bit after plunging to the lowest level in two decades after the record collapse in u. S. Fuel demand. In his daily coronavirus briefing, President Trump saying there are positiv
The kospi back online after being shut yesterday. We know that president moon securing a big win, capitalizing on success and containing the pandemic. 100 taste 103 seats in parliament, ending a bull market yesterday. Ahead of the earnings later today, the first earnings since the pandemic started. So a gauge of how the Tech Industry is doing. Lets flip the page and take a look at currencies right now. The dollar index up, surging the most in weeks. Weaker today. A question of why that haven like the yen is currently down. On risk aversion and the plunge and ore prices adding to the conscience. Today, almostbers 6000 jobs created. Expectations were for a drop of 30,000. Parttime jobs pretty much responsible for the jobs added. One. Ooking at the rishaad data from the u. S. , retail sales and production numbers not for the faint hearted, cratering in march. Saying businesses are increasingly concerned about even weaker conditions ahead. Kathleen hays has been looking at wall all these f
Maybe that is something he wants to do to create well live this washington journal segment here to return to live coverage of the u. S. House. En in the following order. Motions to suspend the rules and 387 to House Resolution and pass h. R. 4508. First electronic vote will be conducted as a 15minute vote. To clause 9 of rule 20, remaining electronic votes will e conducted as fiveminute votes. Pursuant to clause 8 of rule 20, he Unfinished Business is the vote on the motion of the gentleman from rhode island, mr. Suspend the rules and agree to House Resolution which the nded, on yeas and nays are ordered. Title. Rk will report the the clerk House Resolution 387, continued condemning violence against civilians by armed groups in the Central African republic and supporting lasting o achieve a political solution to the conflict. The speaker pro tempore the uestion is will the house suspend the rules and agree to House Resolution 387, as amended. Members will record their votes by electron
Live from moscow studio where its just gone past 4 oclock in the morning youre watching r. T. International welcome to the program. Dont trump has said peace talks with the taliban have resumed the u. S. President paid a surprise visit to the Background Air base in afghanistan and its the 1st time hes ever been to the country he announced a substantial cut in troop numbers. Were doing a tremendous job and as you know a big part of the job is isis certainly the biggest and alqaeda and we have weve got them down very low numbers well have that totally taken care of an aversion or period of time and well see what happens the taliban wants to make a deal well see if they want to make a deal its going to be a real deal but well see what trump made that statement after a meeting with the afghan president ashraf ghani we heard from karen shes a retired u. S. Air force Lieutenant Colonel and she says a u. S. Pullout from afghanistan is long overdue seems like theyre trying to rebuild it and i