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I am dani burger in london. Holding steady, philly fed parker said the end of the hiking cycle may be near with potential cuts to come next year. Treasuries extend a rally. The u. S. Curbs its ambition bloomberg learns that investment into restrictions in china are more limited than first expected. Plus, after bank stocks stumble, italy clarifies its new tax on windfall profits, saying it will cap. All right, we are going to give it get earnings but first let us look at markets because it has been quite the rally in the 10 year yield. We saw a drop by six basis points yesterday. Most of the gains on the front end of your screen happened during the asia and europe session. Those gains are maintained today, about two basis points. If we can have such a risk off day, such a flight to haven, flight to bonds on such little information, we have a lot about banking stocks we knew the picture for regional banks underscores the fragility of the summer market. Let me show the stocks because yest ....
Nieto has declared three days of mourning. 30 children and eight adults remain unaccounted for in a school building. Desperate family members arrived at the school. Earlier, we saw crews trying to get to one the survivors trapped inside. Reporter it was chaos. I arrived just outside of the quake. My kid goes to school on the next street. When i sought school, i pannished and i ran and i ran for my children. The priority at this moment is to keep rescuing people who are still trapped and to give medical attention to the injured people. Earlier today, President Trump called president nieto to offer his condolences. We are also hearing first hand account people who experienced the earth quick. Allie rasmus is live after talking to them, allie . Reporter yes, people who just got the flight described a very scary experience. Jose ferdinand and his family were glad to be back in san jose a day after an earth quick struck central mexico ....
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Advanced Happy Easter to all you dear readers! May this Holy Week be a period of rest and family reunions, but more important for us to draw closer to our Heavenly Father by showing charity to others and asking for forgiveness for our shortcomings! I recommend prayers and meditation even on your vac ....