Pandemic. Some of the pandemic statistics. N case dynamics jonathan this has been remarkable in the case of talks down ndc totally stolen down in d. C. Totally stalling. Lisa totally agree. Going forward today, we get a read on the economy in the United States. 8 30 a. M. , Producer Price index data. Very interesting to see the divergence between Inflation Expectations among futures traders versus the absolute bond yields, which keep falling. Secretary mike pompeo speaking at an event in the czech republic. We are interested in anything he has to say about china. Three year treasuries are going to be auctioned off. The actual deficit is so unclear because that fiscal support package is missing in action right now. Jonathan lets get to the price action. Equities futures are higher. In foreign exchange, the euro stronger. 1. 1787, up 0. 4 . We break 60 basis points on the 10 year to 0. 6 . I will be the one to ask the first stupid question of the morning. Do supply matter does supply mat
Im burnt off its good to have you with us fears of the coronavirus have left a trail of losses around the world share prices plunging today with billions being wiped off the value of global indices for the 1st time in a decade trading a wall street was suspended after the dow jones nosedive more than 7 percent immediately after the opening bell. Was things went down hill right from the opening bell the dow jones plunged nearly 7. 3 percent. Energy Company Shares took an especially hard beating prices threaten to plummet so low the trading was suspended for 15 minutes for the 1st time in more than 10 years. Prices nosedive all over the world on monday starting in asia mainly due to fears about the economic fallout of covert 19 in tokyo the nikkei index lost 5 point one percent. In the markets a crashing and Economic Activity stops that means trouble on the field. Over the weekend the oil price fell to 30 percent the biggest drop since the start of the ninetys im melissa around the world
Highlight the countrys shocking right. Tonight. Well we begin with the sound off on Global Stock Markets prompted by fears about the coronavirus and made worse by a row between saudi arabia and russia. Which sent oil prices down 20 in london the fifty one hundred almost 9 its biggest one day drop in twelve years. In new york trading was briefly suspended and when it resumes the major indices fell six points weston pony has more. Dozens oforried phone calls at this parisian trading room the french Capital Stock exchange plummeted more than 8 on monday. The latest dp in a two week decline. Okay around the world stock markets have also been in freefall trading rules of the new york Stock Exchange triggered a fifteen minute trading suspension after the dow jones and s. And p. Five hundred. Open down than seven percent. The reason behind this market crash it did this combinaon for the Global Economy. On the one hand and bill price war between russia and saudi arabia which sent the price of
Im max foster thanks for joining us italy has extended its emergency n. C. Coronavirus measures with a lockdown of the entire country italian Prime Minister just says that from Tuesday Morning travel restrictions will apply to the whole of italy not just the north as before he says the right thing for people to do at the moment is simply stays at home all sporting events are to be called off or on a virus has killed more than 460 people across the country. And for the latest were joined from the land by journalist sylvia but carty sylvia is this a surprise. Well it is a surprise of course its shocking but at the same time many people were calling for Something Like this so the regents all the president s of their regions in and in egypt who are asking for an entire closure say has been a surprise but at the same time it was kind of expected and how are telling people reacting in there well i think also the same time people expected it but there has been a few there have been a few. Dif
English premier league is suspended a may not be finished due to coronavirus none of the stuff we see for Club Officials have met in london or goings or off until at least the start of a. Deadly mistake thats the warning from the World Health Organization to any country not moving to take tough measures against coronavirus it says europe is now the epicenter of the outbreak nations across the continent already imposing drastic new measures to contain the virus spain today declared a state of emergency from saturday allowing the government to confine people and to evacuate buildings elsewhere Security Forces are being deployed to clear the streets of iran in the next 24 hours more global sporting events have also been affected games in the English Premier League one of the worlds was watched competitions in any sport have been suspended until at least april while 2 more formula one races have been called off but theres also been some news perhaps on Global Markets tensions easing there