[no audio] kayleigh hello, everyone. Is another historic day at the white house. I have ambassador rick grenell, National Security advisor robert obrien, and Senior Advisor jared kushner, to talk to you about history made at the white house today and then they will take a few questions. Robert it was a great morning in the oval office. Through theogether, hard work of great diplomats, led by rick grenell of the serbiants direction, and kosovo have normalized economic relationships. This serbiakosovo conflict has gone on for decades. They have been unable to move onward for many years, and the president some time ago decided we knighted we needed to try something new, break the deadlock and move forward with the Peace Process with serbia and kosovo. To have the Prime Minister of kosovo and president of serbia and the oval office was something, given the history of those two countries at the history of the United States with respect to serbia and the conflict in the balkans, is remarkabl
These are the markets, not as sharp as the selloff is yesterday, but markets seem on hooks accounting for new cases coronavirus, and what happens to quarantines and isolations, and what happens to the economy. European stoxx 600 flat. Fell 6 if not more, now down 0. 3 . The u. S. 10 year yield, a good litmus test when looking at risk, s p futures up, they were lower a short while ago. At 10652. Lets get to the first word news. We begin with u. K. Prime minister Boris Johnson facing complaints of bad faith ahead of talks with the eu. Both sides are accusing the other of backing away from past promises. Johnson says it will take priority over a trade deal. Bernie sanders and Michael Bloomberg has escalated, mr. Bloomberg criticizing bernie control record, and sanders suggesting bloomberg could not win a debate against donald trump. Sanders is favored where bloomberg will be on the ballot for the first time. Michael bloomberg is the owner and founder of the Parent Company of bloomberg new
Treasuries,on the we will be speaking about that in a moment with our guest from pimco. Still at 1. 35. We are off the alltime low but this is still elevated. And futures, slightly down, 1. 4 . In the 1650 an ounce range. Volatility in europe also elevated. Trading stoxx be 50 2381, pushing up to fresh session highs. 06 . Oxx 600 is down by it is not exactly a turnaround that it is a stabilization. In europe, exactly the opposite. We are trading 50 on the german tenyear, another two basis points on the downside. The bones keep getting bid Bashar Alassad bund the bid. S keep getting vonnie President Trump is seeking supplemental funding to tackle the coronavirus and he spoke earlier about chinas role in the outbreak. Pres. Trump i have spoken to president xi jinping and they are working very hard. If you know anything about him, i think they will be in pretty good shape. They have had a rough patch in the think right now, it looks like they are getting it under control more and more. To
If it had not been for the information suppression by china and the first place we would not be in the position we are now. Austria, italy with 50,000 people under lockdown. In the Spanish Island we have people locked down in a hotel. Deaths. 15 a big cluster of deaths outside china. Also getting reports of an infection in switzerland and do not forget south korea. This is what is going on. It is about containment. People are trying their best. United arab emirates and turkey banning flights to iran. This could have a huge toll when it comes to the Global Economy. Economist saying we will get a shaping of. 1 growth this year. Then you take a look at Something Like ubs. The chairman suggesting this quarter we could see the chinese economy shrank. He is talking about a Global Economy in the same timeframe going from free. 5 growth to cash from 3. 5 growth to. 5 . I mentioned what is going on in some of the pond trees. And south korea 937 people infected currently. They have seen their Co
The pullback overblown . A change at disney. Bob chapek becomes ceo immediately. Bob iger will remain chair and continue to direct creative endeavors. Another bloody day in the markets on the back of more bad news on the coronavirus. Watching the edge of another cliff. No surprises for how we are set up for this wednesday trading day. New zealand already off by almost 2 futures. Here in sydney, poised for another drop. Asx off this week. A couple of things to watch out for when we do get going, Virgin Australia announced a firsthalf loss of 97 million. We are also expecting rio tinto earnings after the close. Nikkei futures off about 1 5 of 1 . A quick look at the currencies. The aussie dollar did briefly dip below . 66. It is just holding on above that level them. The yen continuing to strengthen. A little bit of a rebound but not much in the 10 year as well. The u. S. Centers for Disease Control and prevention is warning americans to prepare for the coronaVirus Outbreak at home. It i