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Continues in solidarity. We will have the latest. Global stocks rally, and then filing just a little bit as we count down to jackson hole and the highly anticipated speech by the fed chair, jerome powell. Here is the state of play. European stocks a little bit lower, dragged down by rollsroyce, in particular, with record highs throughout the week. 68 basis points. We look at that later in the day, we might get more traction. Space, if you are looking for a quiet complex, it is the currency right now. The movement is contained, the dollar barely halting a loss. Wti, at the moment, just barely below the flat line. High, whereemonth they are looking out for live images from the area to get a better sense of the potential damage that might be inflicted. Morgan stanley says the extent of the impact on oil refining will be evolving in the coming weeks with the risk of higher or extended outages, mandatory evacuations in place in some of the coastal areas. You are looking at live pictures now ....
St peters basilica a prays for those affected to remember what happened. It by the pandemic in his is almost impossible. But the Traditional Easter Service in an almost deserted more we do it the better the st peters basilica. Results. As other countries look at developing similar apps hello and welcome to they have made this freely audiences in the uk and around the world. Available. But it also raises concerns about privacy. The government says this app is collecting the data that it were covering all the latest needs and not checking coronavirus developments locations and contacts. If you here in britain and globally. The number of people whove died in the uk get too close to some in effect from coronavirus, has with the virus are too long, passed ten thousand. It comes after one of the governments Senior Scientific advisers said the uk the ministry of healt ....
Lets look at the boards. S pralia, new zealand, downgrading the outlook for australia to negative from stable. Open toand, increasing qe. Looks like they are willing to extend bond buying. The csi 300, still a little bit of pressure after the threeweek highs we reached yesterday. The nikkei, pretty much flat now. Like investors were taking this state of Emergency Declaration in stride. Saying we could be a very good chance of hitting a bottom. Watching currencies. Seeing so many go back to the yen. The rupiah just coming online. We have learned that jakarta ordered offices to close. They are also banning gatherings. The offshore renminbi still seeing a bit of weakness after we did see some strength. Yield, chinese 10 year we certainly saw the yield at 2002 lows. Tom now lets focus on the lockdown in the original epicenter of wuhan, which has been lifted. The situation is still far from normal. Complex restrictions are in pl ....
Good spirits. This hour brings earnings for samsung. A crucial report amid the virus disruption will show how the chip industry is weathering the global storm. Shery lets start you with breaking news out of south korea. We are getting become your current account balance. Right now, the surplus coming in at 6. 41 billion. Also for the goods trade surplus ining in at 6. 58 billion february. Both numbers are a significant rebound from the plunge that we saw in january when it hit the lowest level in seven years. Exports have been stabilizing after that hit from global trade spats and the double chip industries downturn. For the month of february, we are seeing an update and a rebound with a current account surplus at 6. 4 billion. The goods surplus at 6. 6 billion in february but of course we are headed to seymour economic fallout from the coronavirus outlet, so we will keep an eye on those trade figures out of south korea. For now, lets get you a quick check on markets. He restocks at th ....
Weekend. Its moving along quickly. The Airline Business has been hit very hard, as everybody knows. And we are going to be in a position to do a lot to help them. So that they keep their employees and they save their businesses. Thatll be taking place, i think you can say, over the weekend. We may even have discussions with some of the airlines or all the airlines over the weekend. Its going to be a very acceptable package. Its a very big package, a very acceptable package, it will be gad for our country, good for the airline, good for a lot of people. Likewise, i just spoke with the president of russia, vladimir putin, and the king of saudi arabia, king salman, and we had a big talk as to Oil Production and opec and making it so that our industry does well and the oil industry does better than its doing right now, its the numbers are so low that therell be layoffs all over ....