A Coronavirus Vaccine after announcing promising results from its 1st round of human trials. Mexicans are forced to stay indoors as the pandemic takes a heavy toll people fearing for their livelihoods and struggling to make ends meet. Im feel gail welcome to the program you Council President shall michelle says hes confident a deal on a 750000000000 euro coronavirus recovery package will be reached leaders are in their 4th day of talks tensions have been running high with the core disagreement concerning how the funds will be distributed the latest proposal includes 390000000000. 00 euros of grants and 360000000000. 00 of loans that will have to be repaid and hit Southern States such as italy and spain have been pushing for. Bigger grounds a group of socalled frugal Northern European countries where the bulk of the money distributed is loans but more checks on how the money spent. Its on his Prime Minister he said become tay says hes cautiously optimistic that the rift can be overcome
5 billion this year. As donald trump insists he is the least racist person, the s minister calls him an asteroid of awfulness. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. U. S. Markets close for mlk day. The Asian Session off to a strong start. The global map gives us the pulse. Gains in the hang seng, up. 6 . Asx 200 up as well,. 3 . On the foreignexchange side, a move in the mexican peso off the back of positive whispers around ,he future outlook for nafta the yen rising to a high against the dollar. Some of it on governor kurodas comments, but also Short Covering from traders. Interesting moves in commodities. The weaker dollar feeding into these trades. 1. 2 , leading the complex higher, even after china data missed expectations. Lets cross the board and let me show you other key asset classes. Brent crude, a lot of commentary , still new highest close in three years. More opec members calling for cuts to be kept through the end of the year. Story. Gain