Sadly this is an empty place right now were in the eighth week of the coronavirus lockdown here in new york city and having a class how to published during a pandemic reviews that time with friends and colleagues in the independent book world to find out how they are doing and what they are doing and maybe to pick up some inspiration along the way. I am speaking with two of those from the indie folk world two neighbors from brooklyn. One is jessica from my neighborhood bookstore. Welcome to both of you and thank you for taking the time to spea speak. I want to talk shop and give people some inside baseball about her new life as independent book people. Lets start with you, jessica. What has this done to your business . [laughter] it is a lot really fast it has been a real reinvention over the past six or eight weeks. Midmarch we feel there were a couple of days do we need to consider closing in and somebody said we absolutely have to and then you also have to send everyone home and in
On in the session. And italy. Greece you can see that at the bottom of the screen. 54 basis points for the ecb. Significantly as well today, we have seen the fed extending the swap lines. I think this is really important because this dollar squeeze is right at the center of the market turmoil we are seeing at the moment, so we see had extended to countries like norway. Maybe not much of a movement today, but that is still up or down by 1. 7 versus the u. S. Dollar. Fall, buttinue to 0. 5 given the scale of some of the moves we have seen recently, i think we will call that well within the margin of error. Alix lets stay focused on Central Banks. They are taking dramatic action to stem the fallout from the coronavirus. The fed launched a program to support money market funds, and in europe, the ecb launched an emergency buying program with 820 billion. This morning we have new swap facilities for Central Banks in australia, brazil, south korea, mexico, etc. Paul donovan, ubs global chief