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Eight days, getting a little bit of relief. Euro still seeing very strong buying in the treasury markets. You are buying equities, buying commodities, and buying treasuries. Thats what you are seeing into the weekend. Time now for global exchange, where we bring you todays market moving news from around the world, from washington to new york to london. Oil. Gin with the move and crude continuing to climb after its biggest ever single day gain. All trump says he may intervene in the price war between saudi arabia and russia that has rocked crude markets. Here was more is annmarie hordern. Intervene how, and does anyone care . Annmarie it is interesting how exactly he would do this. He said he has some power over the situation, and would get involved at the appropriate time, may be giving riyadh some chance to potentially swamp the world with oil and put the pressure on russia. Then we heard from president Vladimir Putin in an incre ....
Travel and leisure recover after ryanrare continue to slash capacity and bmw ceo adds his company is operating as normal on the supply chains, we dont see any large disrupts. A warm welcome to street signs. Global finance ministers discussing a possible coordination to the responseof coronavirus. Listening to the call at 7 00 a. M. Eastern led by Steven Mnuchin and Jerome Powell. While the group is drafting a statement on countering the economic impact, it does not specifically call for coordinated Interest Rate cuts nevertheless, european markets are surging following wall streets lead yesterday. You can see the dax and the main benchmark up 2 . In italy, the mib facing a strong recovery up 2 . Yesterday, we saw italy underperform, in particular the italian Banking Secto ....
Ahead of the Conference Call to the g7, leaders, a lot of focus will be on whether they will step in with coordinated action or words to assuage the markets. Ahead of that, markets are rising. The stock europe 600, 4 and the that saw a lot of losses because of the epicenter in europe still in italy, up today. The dax up. S p futures, gains across the board. A caveat. Yesterday, we saw similar gains and they peter off as the day went on. Today, there is expectation from g7 and that the fed will possibly step in. Lets get to the bloomberg first word news in new york city with Viviana Hurtado. With an update on the coronavirus. Governments around the world preparing for emergency measures to fight the outbreak. Drugmakers hope to have antiviral treatments ready within the month and vaccines by next year. Of cases number worldwide, topping 90,000 but reports suggest over half t ....
As american firms in china admit they are taking a hit from the ongoing trade war. And this is how the trading day has started in europe. Optimism in the air that governments, particularly germany, and Central Banks are about to invest to avoid a recession. Analysis on that and all these stories coming up for you shortly. And well be getting the inside track on learning english in a Virtual World from a boss who began in venezeula. And with thousands of shops closing here in the ukjust in the first half of this year, today were asking what it takes to get people back into their local shops. Perhaps the London Department store selfridges has the answer after it announced its opening a cinema. Let us know your thoughts. Just use the hashtag bbcbizlive. Perhaps it could be something as simple as free parking hello and welc ....