Expression ive used what do you have to lose ok what do you have to lose you have taken it for about a week and a half and im still here. Also coming up 2 rivals are now sharing power in afghanistans new government one has promised to deal with the coronavirus threat the other has promised to deal with the tele bon threat to us as i have proudly accepted this mission not as a privilege nor as a position but rather as an obligation and responsibility before god and people. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the drug of choice of u. S. President donald trump yesterday trump startled reporters when he admitted that he is taking the antimalaria medication hydroxy clear. Riki in the hopes that it will prevent him from catching it 19 there is no evidence suggesting the drug can ward off the corona virus but we do know that the drug can have serious side effects some coronavirus patients died after taking hydroxy clerking wer
Expression ive used what do you have to lose ok what do you have to lose you have taken it for about a week and a half and im still here. Also coming up 2 rivals are now sharing power in afghanistans new government one has promised to deal with the coronavirus threat the other has promised to deal with the telly bon threat to us i have proudly accepted this mission not as a privilege nor as a position but rather as an obligation and responsibility before god and people. To our viewers on p. B. S. In the United States and all around the world welcome we begin the day with the drug of choice of u. S. President donald trump yesterday trying startled reporters when he admitted that he is taking the antimalaria medication hydroxy chloroquine. In the hopes that it will prevent him from catching 19 there is no evidence suggesting the drug can ward off the corona virus but we do know that the drug can have serious side effects some coronavirus patients died after taking hydroxy clerking were t
New zealand going to issue 60 billion kiwi with Government Bonds between now and next year saying the net debt will rise. That will be in 2023. That is coming out of wellington. Looking at what is happening we have got the australian markets on the way. Of huge ball in the number people out of work but the Unemployment Rate better than expected, down to the dissipation rate their, falling quite drastically as well. That is where we have it. China 10 year bond. We have got yields going back as the price goes up. Risk off sentiment, facing unprecedented threats from the coronavirus and monetary and fiscal policy makers must rise to the challenge. Jay powell pushback talk of negative rates. Is an unsettled area i would call it. There are fans of the policy, but for now it is not something considering. We have a good toolkit. That is the one we will be using. Haslinda joining us from new york is nicole webb from weld enhancement group. So the fed saying not likely to go negative, but it is
Breaks on future higher call volumes offset by lower revenues. Helping the german telco beat expectations an insurance warns casualty claims to top the year the underlying performance, wed be talking about a strong delivery but of course, the conversation will be dominated by the impact of the virus that will have impact and growth for the remainder of the year. A down but not out. Second quarter Global Oil Demand well speak with the executive director on this show. Lets dive in to that oil report that is just crossing the latest is that all demand is set for a record fall in 2020. Probably no surprise to our viewers out there. It has trimmed the forecast for the drop citing the easing in drop down measures that has trimmed estimates by 690,000. The report that 2. 8 billion people will be living in confinement through may. Down from 4 billion in april the iea trimming its forecast and citing the ability in some European Countries and the United States. Uncertainties remain the biggest
Largest economy in europe for 2019. There are more concerns about the global trade deals than there was yesterday. You can see european stocks pretty much flat. The dollar pretty much a steady. We are getting some data out of germany shortly. We also speak to the dallas fed president , Robert Kaplan at 3 30 p. M. London time. Lets get straight to the bloomberg first word news. Now, u. S. Story for tariffs on china staying put. The Trump Administration is likely to keep them in place until after the president ial election. Any relief is also contingent on compliance. Steven mnuchin and says tariffs wont be removed until the next stage of a trade deal. These tariffs will stay in place until there is a phase two. If the president gets a phase two quickly, he will consider relieving tariffs as part of a phase two. It has nothing to do with the election or anything else. Today, the u. S. And china are scheduled to sign their phase one trade deal. 1 billion is the figure by which jp morgans