You go to safety. Youre going to buy volatility, yields, bonds, and the dollar. 10 year yield now 75 basis quite a move from just a few days ago. Crude battered, beaten up today. Less demand for those oil prices. Guy absolutely. Lets recap where we are and what is going on. The german chancellor Angela Merkel currently meeting with heads of the german states. We are going to hear from her we think when that meeting wraps. We are probably likely to hear from her as well tomorrow morning. We are also getting Emmanuel Macron a little later on. Both countries moving toward more restrict of lockdowns. Lets get the latest. Maria tadeo joins us from brussels. Theres a lot of ideas floating around. None of this will be official until both Emmanuel Macron and Angela Merkel speak. The idea is we are moving into something that looks like a fulltime lockdown in the case of the french government, that we understand is seriously considering a onemonth lockdown that would start thursday night, going
Crude down, and participating in that risk on rally as well. Time now for global exchange, where we bring you todays market was a news from around the world. From hong kong to brussels, jahans burke and washington, our bloomberg voices are on the ground with this mornings top stories. , the death toll is now over 3000. Joining me is yvonne man. Heard of newst infections in south korea, iran, and spain. Germany, as well, and additional 188 cases. This virus has spread in 13 countries and 16 federal states. At this point, the threat level is at moderate, but could quickly change. Deathstioned the global now topping 3100. Theres also the corporate fallout we continue to watch, with nissan now saying they could be preparing for deeper cuts. The carmaker has been struggling ever since Carlos Ghosns arrest. This virus only exacerbates the troubles. There are signs of life returning back to normal in china. Just heard from han hi from honhai, apples biggest supplier. They have been dealing wi
Pleased to announce to the company stumbled during the world financial crisis and its share price has yet to recover. Has also been held back by a procession of legal woes the bank repeatedly saw itself confronted with fines worth billions of dollars for Money Laundering violating sanctions and its role in the subprime mortgage scandal but the restructuring effort is now being seen as a new chance by investors. By this dawdling around for the past few years is over now concrete steps are being taken to give the bank a new direction and thats what we were missing over the past 5 to 6 years. While deutsche has said the move will cost 7400000000 euros and hopes it will return the company back to the top tier of banking many experts say it may be the last chance to save the bank well im now joined by was telestial hes a Banking Expert at the Frankfurt School of finance and also in frankfurt our financial correspondent only bonsa standing by when he was start with you whats been the reactio
On that leg on the plant weve been planning for quite some time that after achieving stabilisation last year cleaning up the Balance Sheet and in costs under control we now want to take the next step mats to align the bank with its strengths and that is what were pleased to announce to the company stumbled during the world financial crisis and its share price has yet to recover deutscher has also been held back by a procession of legal woes the bank repeatedly saw itself confronted with fines worth billions of dollars for Money Laundering violating sanctions and its role in the subprime mortgage scandal but the restructuring effort is now being seen as a new chance by investors. This dawdling around for the past few years is over now concrete steps are being taken to give the bank in new directions and thats what we were missing over the past 5 to 6 years. While deutsche has said the move will cost 7400000000 euros and hopes it will return the company back to the top tier of banking ma
That the chairman of the government did the right thing by holding consultations with the state duma, that he proposed people who do not need to study, who do not need to start all over again. The post of first deputy chairman of the government was taken by denis manturov, who previously combined the positions of deputy Prime Minister and head of the ministry of industry and trade. The state duma noted that the increase says in the world in terms of production volumes of the main types of weapons and military equipment, at the same time, the geopolitical situation dictates the need to constantly improve technical characteristics of products, close the current needs of the army have increased significantly and speed up work on promising models. Two new names appeared on the list of deputy Prime Ministers the president invited him to become minister of defense. Varvara nevskaya found out what assessment questions were raised during the consultations. All day, literally every hour, the Fe