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They are maintaining well above it. 30 years were at 69 basis points last week. 137. Hey are at we are seeing some recovery perhaps in the treasury market, and that is good news. Alix but a lot of criticism has been the fact they didnt address the commercial papers market, exactly where the help is needed the most. What are the steps they can take to address that . Michael they could set up a special Lending Facility to buy directly. That may be coming. Jay powell was asked if there ree actions th coming, and he said we are not ready to announce that. Are there no swap lines for the pboc . Theres a story floating around that once the feds its arthur dollars why have got swap lines with all the Central Banks, but not the chinese . Michael i would suspect probably because the chinese yuan is pegged to the u. S. Dollar. Dont know how much of a dollar problem they have. Theres a ....
Goldman says the coronavirus will hit prospects for copper, as Chinese Industrial action is in significantly below capacity. Anglo american starts a busy week for commodities earnings today. The curse of monsanto. In the midst of the roundup scandal, bayer faces a potential multibilliondollar lawsuit over a second weedkiller it inherited in the 2018 chemicals megadeal. Just under an hour away from the start of cash Equities Trading across europe. We will take a look at futures this morning. Acrossseeing gains europe and u. S. Futures. We still have a wild to go until the u. S. Opens, but we have decent gains in europe. Dax of more than one third of a percent, ftse futures up. 25 this morning. We also seeing gains in the u. S. , although we have solid a seven a solid seven hours until he open up over there. And dows p, nasdaq, jones futures all gaining this morning. We h ....
Down on the volume product in offshore. And alls ton looking at its restructuring plan. The german carmaker battles against climbing costs and weaker tee manned in china. And swedens Central Bank Lowers rates by 25 basis points, flagging two more cuts are on the cards in the second half of this year. Good morning once again. Welcome to street signs. As we mentioned, its a big day in europe. Weve got some outside moves across the board taking a look at Siemens Energy, shares up almost 10 after strong earnings and alston and german sportswear giant puma all on the upside here you see this leadingthe food and beverage sector, shares up 4. 5 we do have a downside. Bmw and skanska down just over 2. 5 bmw down pretty much 4 right now. Were going to bring you all the details throughout the show, but first lets focus on Siemens ....