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Anchor off the philippines but the proof is not being allowed off. Look at the challenge of palin false information about socalled cures for the corner virus in africa. Lissa their Economic Impact of chronic virus around the world is becoming more Clear InternationalMonetary Fund has forecast the biggest global contraction since the Great Depression so lets take a look at some of the details the bank of england expects the u. K. s Economic Production to slump by 14 percent this year and unemployment to rise to 8 percent European Unions been warned to brace for its worst ever recession with the economy tipped to shrink by 7. 4 percent after ye ....
Isolated over his quarantine measures brazils president fires his Health Minister. A future thats up in the air a bailout plan to keep a straight on the Airlines Flying but is it enough money. And he keeps soldiering on the war veteran whos now raised more than 22000000. 00 to help fight the coronavirus. Alarming new numbers are showing the strain on the worlds 2 biggest economies from the coronavirus pandemic theres increasing doubt about the u. S. President s 2 week deadline for getting businesses back up and running in fact he states 22000000 americans have now made jobless claims just over the last month numbers not seen since the Great Depression of the 1930 s. Meanwhile chinas Gross Domestic Product has plummeted in the 1st quarter thats the shoppe ....
Indonesia. They are expected to keep the key policy rate at 5 . Rishaad we got the nifty futures in india with about 43 minutes before the start of the session, off a little bit. Will we get another record high . We found ourselves in this position yesterday. The market up 1. 1 . Currently wise, flat below the 71 rupee level. Tenure yields under some pressure. We have this story from the bank of india suggesting they are comfortable with a bigger budget gap, which would mean there would be less bond issuance. 6. 71 . 10 year, we go to new york and su keenan. The house of representatives have impeached President Trump for abuse of power and obstruction of congress. He pressure ukraine to political rival, joe biden. It is only the third time in u. S. History lawmakers have invoked this constitutional sanction of the president. The impeachment will pass to the senate for a trial. A rate cut in australia are in doubt after a strong j ....
Orecast indonesia decides later thursday while the boj starts a meeting. A straily markets have just open. Sophie, what are you seeing . Markets have just opened. Saw steepening for u. S. Bonds, pushing the u. S. 10year yield to a fiveweek high, and the kiwi dollar off about. 1 , reversing the earlier spike we saw on the back of new zealand hosting a faster than forecast gdp report on a quarterly basis, which may provide relief to the rbc. Nikkei Futures Holding steady. Were expecting a mixed session in asia as we have plenty of Rate Decisions on tap from indonesia, taiwan, hong kong, along with the boj meeting under japanese as we see stocks perhaps getting a little more love from investors, but not to be loved just yet. Investor view on japan is improving slightly with net 6 of global investors. Paul thanks for that. Lets check in on the first word news now with ritika gupt ....