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This rally is coming after the Senate Approved a record two trillion dollar plus relief package but well have the latest from capitol hill, what it means for Small Businesses. What does it really mean for you . Well have all that and a lot more, coming up on making money. Cheryl we start with one of the reasons the market is powering higher. The Senate Passing the massive 2 trilliondollar coronavirus stimulus bill overnight after days of deadlock. It moves to the house and then the president s desk. Hillary vaughn with more how the bill could affect you at home. Hillary, a lot of wrangling to get here . Reporter thats right. House Speaker Nancy Pelosi said she had to do jujitsu to get where her caucus would support it. It gives cash directly to americans. If ....
Meeting to tackle the threat today. Nejra an emergency and shock move from the fed. Not just rate cuts but also 700 billion of asset purchases. The markets say its not enough. Take a look at the 10 year yields. We dropped as much as 30 basis points, down 27 right now on a 67 handle. Yields dropping across the curve and we are seeing flattening. The markets not responding well from what we have seen from powell. Dollar weakness. Morgan stanley saying markets are bottoming out so it is time to sell. You want to short the greenback versus the euro, the aussie, and the loonie. We are in the final part of a severe bear market. The bear market inequities that has been continuing in the asian session, a lot of red on the screen including japan. It is a lack of faith in centralbank ammunition. Have seen a lot of action throughout the night. The boj stopping short of a rate cut by talking about more stimulus in terms of etf purchases and a rate cut from the rbnz. Attention turns to the g7 call ....
More than 2 on the stoxx 600 great s p futures point to another day of decline in the u. S. On track for six days of declines and heading for lowest close since october and global stocks for the 10 year yield hitting a fresh record low. Yields are dropping across the u. S. Curve. The two year yield sitting around 112. To the euro missed the risk off memo . Three out of the past four days. 10947. It could be down to the broad dollar weakness. The yen has been big today along with gold. Saying we could get 1800 on gold. Wti extending its slide beyond a 13 month low. Lets get the bloomberg first word news. We begin with italian Opposition LeaderMatteo Salvini who accuses the government of underestimating the threat of coronavirus. He is urging them to earmark at least 10 billion euros for emergency measures. I think it will be the composed of factions the dont like each othe ....
Levanon could soon have a new Prime Minister docs office or the main political players reportedly reached an agreement but on the streets people are still angry so is a new government the answer and what about the calls to overhaul the entire political system this is inside story. Hello and welcome to inside story im dead you know its almost a month since protests erupted right across lebanon yet a solution to the political crisis hasnt been reached there is some hope for a new government ofter 4 parties nominated the former finance minister to be the next leader but that decisions lots of people protesting outside mohamed suffered these house calling him a thief and demonstrators are still blocking roads in beirut they want the political system overhauled the yukon to me and their lives to improve. So lets take a look at how lebanon reached this deadlock protests broke out in october with demonstrators saying they cant afford eve ....
Aljazeera. Levanon could soon have a new Prime Minister and box office are the main political players reportedly reached an agreement but on the streets people are still angry so is a new government the answer and what about the calls to overhaul the entire political system this is inside story. Hello and welcome to inside story im dead you know its almost a month since protests erupted right across lebanon yet a solution to the political crisis hasnt been reached there is some hope for a new government ofter 4 parties nominated the former finance minister to be the next leader but that decisions lots of people protesting outside mohamed suffered these house calling him a thief and demonstrators are still blocking roads in beirut they want the political system overhauled and the yukon amee their lives to improve. So lets take a look at how lebanon reached this deadlock protests broke out in october with demonstrators saying they c ....