Stay updated with breaking news from Davos tom. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
the death toll rises. the government expands its lockdown to 30 million people. plus, the chief executive with power. good morning, good afternoon, and good evening, everyone. this is bloomberg surveillance . i am francine lacqua at the world economic forum in davos. july,s for the month of actually, the month of january, services following the 52.2, the forecast pretty much in line with expectations. are your go, there markets, these dog gaining, you re a 10 year yield at 1.75 the euro 10-year yield at 1.75. christine lagarde spoke to me earlier this morning. ms. lagarde: if markets are interested in what is happening in the next 12 months, we should not pay too much attention to the strategies, because we are conducting two different exercises here. we will have our monetary policy access met and review, as usual, every six weeks, we all get together, we look at the numbers, we look at the markets, we look at the views of the citizens, in terms of inflation expect ....
i am francine lacqua. we will try to figure out politics, geopolitics, and all of the participants are waiting to see what president trump will say. that starts in 30 minutes. i wonder if he will talk tariffs and europe. this is where your markets are. a lot of focus because of the thely virus in china, european stocks a little on the downside. let s get the first word news. we begin with the global economy, it will grow but slower than expected according to the international monetary fund. 0.1% of itsdown projection in october. it is optimistic and says risks are less skewed to the downside. president trump and president macron may have reached a truce on digital. the readout from washington was more muted. preventement may escalation into another trade war. hashina a sars virus entered a new state of severity. the world health organization confirms person-to-person transmission. four people have died. 17 years ago the sars outbreak killed 800 people. mitch mcconnell ....
Behind me for the last 13 years in davos. I know we have some great coverage and panels. Speaking tomorrow with the barclays ceo, jes staley. We will be talking about the future of banking. Friday i will be moderating a panel on Monetary Policy and what comes after normalization. By ray dalio. Ed we are trying to figure out exactly what the davos men and last yearso wrong, and what they got so right. We are looking at some of the market calls they made last time. The dollar call was wrong and so was the price. Three. Re in day lets check out what is happening in the markets today. There is the stoxx 600, gaining for a third day after a third weekly gain. The best run since october. The euro, up by. 5 . There is a bit of relief now. Voting to enter negotiations on the common policy platform for germany. They have still got his final say on any coalition pack. There is another hurdle. This week, itins will be the sixth straight gai ....
Surveillance. We will be joined bygood mornind welcome the irish Prime Minister for exclusive interview. Ursula vontalking to. We will also speak to theresa may. Earlier i spoke to Philip Hammond. Now, before we get to more talk from davos, lets get straight to the bloomberg first word news. Imfs managing director has urged Steven Mnuchin to explain his comments in which he appeared to back a weaker dollar. To its lowestd level since december 2014 after mnuchins endorsement. We have said an hour presentation on monday that the u. S. Tax reform is likely to strengthening and the mediumterm in the mediumterm. I really hope that secretary mnuchin has a chance to clarify what he said. Nejra donald trump has said that he quote would love to talk under oath to robert mueller. He is investigating whether anybody close to him co ....