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Tells bloomberg theres no risk in using e. S. M. Funds to weather the pandemic. This as multiple policymakers warn of the rising risk of deflation. Manus its just gone 9 00 a. M. In dubai. 6 00 a. M. In london. Were digesting really one of these moments from the fed, nejra, whether it was truly a dovish message. Were not even thinking about thinking about the possibility of raising rates. So we got this jucks pox, q. E. Forever juxtaposition, q. E. Forever, versus the reality of risk for the world. As the number of cases rises, it is unsettling the markets. In excess of 2 million in the United States of america. So the message from the fed, battling against the uncertainty of covid19. Good morning, nejra. Nerja good morning, manus. The debate about yield curve control continues. We understood that the fed and officials were certainly looking at it. In terms of the reaction in the treasury market, i mean, the bulls certainly came ba ....
Perspective to know whether we should use the tool at all, and what magnitude of the tool we should apply. And in another exclusive, paul singer sees a Market Correction of 30 to 40 whenever the downturn comes. I have been expecting it is but theys epiphany, possibility of a significant market downturn. Nejra good morning from london. Lets get a check on the markets. Big day ahead of the g20. We look ahead to the meeting between trump and xi. We dont know what to expect at the moment. We saw gains in u. S. Equities. S p dead flat, but we are heading for the first weekly drop in Global Equities in four weeks, so that is something to note. In june, we have seen Global Equities rise 6 . The bloomberg dollar index is treading water, but it is headed for its biggest monthly decline in more than a year. Switched up the bo ....
Trump as i have said from the beginning, ours was not a campaign, but rather an incredible and great movement. Made up of millions of hardworking men and women who love their country, and want a better, Brighter Future for themselves and for their family. Francine trump said Hillary Clinton called him early this morning to concede and congratulate him on his win. The republican victory has roiled the global markets. I came in about eight hours ago and it was definitely a surprise when we first started having the count in. Since, markets ever coop raided a little bit. I wonder whether it is because we do not have a full policy. I wonder whether donald trump tried in his triumph speech to reconciliation United States. This is the msci world index. Volatility still spiking up. To watch. The sectors we have been talking abo ....
To the president ial election. The pound is falling through a three decade low against the dollar, mounting investor concerns that the uk is headed for a socalled hard brexit. This follows theresa mays weekend announcement that britain would trigger its exit from the European Union in the First Quarter of 2017. David our top story is the slide in the pound and the path toward a hard brexit. Joining us from london, guy , and inand jon ferro france we have caroline hyde. What is going on with the pound . Bring us up to speed on the markets. Is this all because of theresa may . Uy basically, we are a lot warmer over here now in the united kingdom. That is probably the message around the world. The town has been bubbled tumbling. We are back to levels we last saw in 1985. We were pretty poor them. It is not summoned to write home about. Financial markets believe we are going to be ....