now, coming off highs of the session. here s probably why. we have a delegate from opec+ saying that the outlying deal is just for about 10 million barrels of oil a day output cut. about a half-hour ago, we got reports that it could potentially be 20 million barrels of oil a day. 10 was the bare minimum that the market was actually expecting. the opec+ meeting is getting underway now virtually, so we are waiting for more details. who cuts, how much, when? there were reports you could see 4 million barrels from saudi, 2 million from russia. if you get to the total output of 10 million, ok. you could get some kind of floor may. in other areas of the market, the s&p on pace for its best week since 1974. we can thank the fed for that. however, take a look at what is winning, utilities and real estate. the dollar is rolling over as the fed throws a second kitchen sink at the market, as well as the economy. some more get reaction to what the fed is doing. we are stepping further in
check, the fed is announcing some coordinated central bank swap line enhancements. we saw them a couple of days ago increase it for a variety of central banks. now those swap lines will have further detail and enhanced swap lines. absolutely. this is mission-critical right now, figuring out how we get dollars to everybody that needs them is the most important thing, it seems, at the moment, when it comes to financial markets. that is going to certainly help. my question today, does a weaker dollar indicate that the funding stress and design for dollars is beginning to ease off a little bit? we will get an announcement from the chancellery of the exchequer on further measures to help out the u.k. economy. similar move when it comes to the 10 year. in terms of stocks, we are seeing a bid finally returning to stocks, and finally enough, i think it is worth paying attention to the fact that we are getting some of the cyclicals in particular catching a bid today. you can see the t
let s firm up our competence together we will definitely win the battle. and we ll win and china will win. meanwhile iran struggling to contain the spread there have been more than 7100 active and at least 237 people have died that number is believed to be much higher now unlike italy and china iran has not placed anyone under quarantine the u.s. is also working on how to combat the spread of the virus and vice president mike pence announced insurance companies have now agreed to cover co-pays per coronavirus testing. please you reported as you requested mr president the insurance companies here. for today. to waive all co-pays and coronavirus testing. extend coverage around our. you know your benefit plan and your direction here in america last week already made clear to medicare medicaid beneficiaries the coronavirus testing and treatment would be covered these private carriers extended as well currently the us reported 761 cases the death toll now at 27 but the number is e
around the globe we have a packed show for you today so let s go and dive right in. the corona virus continues to spread across the world as europe and the united states prepare to see a sharp increase in the number of cases italy continues to enforce its walk down of some 60000000 people with 1000 new confirmed cases the european union press president met with prime minister is via video conference on tuesday afternoon to cordon they offered to combat the virus and this comes as chinese president xi jinping made a visit to hunt china this was his 1st time since the start of the outbreak china recorded its lowest numbers of infections there were just 19 and they were all in speaking to doctors behind a screen she thanked some of the medical workers. you are wearing protective clothing so i can see your real faces. but in my heart you are the loveliest people in the world so what you should do now is to firm up confidence let s firm up our confidence together we will definitel
been more than 7100 active and at least 237 people have died that number is believed to be much higher now unlike italy and china iran has not placed anyone under quarantine the u.s. is also working on how to combat the spread of the virus and vice president mike pence announced insurance companies have now agreed to cover co-pays per coronavirus testing. please you reported as you requested mr president that all insurance companies here. for today. to waive all co-pays and coronavirus testing. extend coverage around the part. you know the benefit of one. week already made. to medicare medicaid beneficiaries to coronavirus testing and treatment would be covered these private carriers extended as well currently the us reported $761.00 cases the death toll now at $27.00 but the number is expected to skyrocket as close to 1000000 testing kits will be administered across the u.s. by the end of this week. and a day after all had its worst day in nearly 30 years markets are on the