That investors will look at. We can change the board and have a look at whats happening in the fx raise. Index,omberg dollar marginal gains up over three days by about 7 10 of 8 . Turnarounde seeing a in the u. S. Dollar, but some of that will be contingent on the stimulus taking place in washington. We had a fix of 6. 9 and that is where it currently is. 6. 98 for your offshore currency. In terms of the aussie dollar, that is flat. The aussie decision is out today and expected to stay on hold. 117. Uro is at milan terms of commodity in terms of gold prices. Still has a forecast of potentially 3000 for spot gold, currently at 1975. Thats what your copper futures are doing. Nymex is down 6 10 of 1 . They have more oil onto the market with demand amid the virus being a question. There is your yield on the 10 year,. 56. Its get the first word news with Karina Mitchell in new york. The and added states remains the focus of the coronavirus pandemic, with several area starting to see faint i
With the gold price. 20 . It would not seem dollar weakness will be translated into gold strength. That correlation is somewhat weak. Thats where we are at the moment. Getting more reaction to this mls cut taking place by the pboc, the right now 2. 59 percent. It was 3. 15 percent. They cut it in the middle of february to 3. 15 . It is really to prop up the virus hit companies. It should translate into the reduction of the loan prime rate, which is out on the 20th. Lets move to the first word news as we join Karina Mitchell. U. S. A a deal taking off, airlines have agreed a preliminary deal with the Treasury Department to access billions in aid. Carriers. All major American Airlines will get 5. 8 billion in payroll support. Southwest will get 3. 2 billion. As part of a 25 billion dollar assistance package for commercial airlines as part of the 2. 2 trillion stimulus announced last month. Fullys agreement will support Airline Industry workers, preserve the vital role airlines play in ou
Breaking news situations unfolding. On capitol hill the House Republican conference is meeting right now and we are told this meeting could last all day with the intense pressure on them to elect a speaker of the house after Kevin Mccarthy lost the speakership in a recent vote. And without that top member of the u. S. House of representatives in place, Congress Remains at a stand still and is unable to act on a brutal war that weve been Covering Thousands of miles away. Were watching the latest developments from israel as they hit the embodiment of evil. Hamas terrorists. Thats where well start. Im Harris Faulkner and you are in the faulkner focus. Five days of horror. Israel families missing, tortured, killed. The closer they were to the border with palestinianian territory on gaza, the closer that they were to hamas Serial Killers killing them. Loved ones taken hostage are now begging for help. Secretary of state Antony Blinken is set to be in israel today. This was near continuous r
Table nextins on the month with the labor market gaining strength. Follow me on twitter. Do not forget to include the trendingbusiness. China getting underway in about 30 minutes. David looking at what is going on with the markets. David hong kong canceling the morning trade session. Morning session has been canceled. We will get you the updates on what happens in the afternoon session. Equity markets looking like this, a lot of these markets are trading just above or at zero. A significant risk day. Fiscal stimulus coming out of japan. Ositioning ahead of that when you look at japan, coming off flows of the day. Off flows of the day. Off lows of the day. Easing, you get a decent bed across some attractive decent bid across some attractive sectors. More than the equity markets, have a look at what is happening across yields. We are hitting record lows. The 10year, there we go, there is your yield. Down about four basis points. The aussie dollar, a little bit on the back foot right now.
There is also multiple capture the flag contests which is basically red team, blue team, offense, defense, how do you hack something, how do you defend something. How do you get certain targeted treasure chests. And, some of the level of skill in these competitions are what we normally say can only be done by nation states. And instead, you have hundreds and thousands of people who are engaging in these types of contests. I think that can satisfactorily bust a myth, only nationstate adversary what we have to be worried about. When the tools and techniques are available to everybody, it is very, very easy to take advantage of them. We also had an iot village, internet of things village. One of the highlights for me was that Remote Controllable wheelchair. I dont know why you would want to remotely control a wheelchair but somebody made this thing. And it was driving up and down the halls without anybody on it because somebody figured out how to gain access and control it and drive it ar