Page 35 - Foreign Exchange News Today

Global come to the program our top story european leaders are meeting to discuss the spread of a cry in a virus but concerns over the outbreak forced the emergency summit to be held by teleconference at the reverential meeting need as pledge to do everything they could to protect the blocks economy from the chrono Virus Outbreak an Investment Fund of up to 28000000000. 00 has been established to support Health Care Jobs and small businesses. First and foremost we must act at the macroeconomic le...

A lot of travelers are coming to a crossroad. Do you cancel vacation plans or carry on as usual . The state department issued a level ii travel advisory today for italy. Which jumped up to more than 350 cases of the weekend. Level ii means americans should exercise increased caution. The cdc does not recommend canceling or postponing travel to italy. We are going to be in some deep trouble. Reporter the Vice President of supplier management for direct travel. He sent the warning is a concern bec...

Definitely running away from risky assets on virus fears over the weekend. We have a number of cases initially climbing, putting extra pressure on the ftse made. Mib. Down 4 . Travel and leisure down significantly so the fact the epicenter has moved from china, korea, and some of the asian economies in europe, it is freaking out investors, saying the spread may come to europe. But, two. 3 higher, 1682, outside to quality italia and markets. Italian sovereign bonds, dropping quite a lot as italy ...

A fairly strong currency move this week. Time now for global exchange. We bring you todays market moving news from all around the world. From hong kong to london, frankfurt and new york come our bloomberg voices are on the ground with this mornings top stories. In asia, the coronavirus continues to spread, with south africa reporting a surge in was also inand that south korea. Joining us is stephen engle. Give us the latest. Stephen you have another revision out of china as they get previously u...

Top 3800. Ths germany boosts investment to bolster its economy. The u. S. Is said to be drafting measures to blunt the fallout. A cataclysmic implosion of in response mechanisms, the oil market, equity markets, and it is visceral. To the oil market, the biggest oneday plunge since 1991. It lasted for five weeks the last time the oil market collapsed like this. We are in an unequivocal outright war on the oil market, according to goldman sachs. How that endures, will the russians come back to the...

Do you want to go through the data . Tom yeah, let me go through the data. The news is in conversations. Limit 12. 55 with a massive curve flattening, oil down at the bottom, speaking volumes. Next screen, please. The vix is a good litmus paper, not moving here with futures down, 40. 94. I am not sure what the implied 5. 0is, but im guessing will be a good place to start. That is the yen. What is absolutely telling, there is persistent yen strength through the japanese day and the london morning...

Ago. S p down by 151. And the nasdaq would open down by about 435 points this is limit down, they cant trade lower than this. Declines at 5 across the board. If this holds at the open, heres what you can expect in terms of the nyse Circuit Breakers that kick in. If the s p 500 dropped by 7 during the course of normal trading, trading halts for 15 minutes to have a cooloff period if it falls by 13 , it halts for another 15 minute period if it falls by 20 trading halts for the remainder of the day...

I do not consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . He is widely known to be the wealthiest man in africa. Is that a title you are proud to have . Sothat one where you get many people calling you for money that you were not that you wish you were not the wealthiest man in africa ....

The outbreak has risen to 130. And g20 finance ministers and central bankers brace for the economic fallout. Lets take a look at the markets. We had u. S. Markets closing. Eaker on friday we have new zealand trading at the moment. Its looking weaker at the moment by two thirds of 1 . Half income declining to 185. 8 million. The yen is gaining a little bit of strength against the greenback over the past 24 hours. But the u. S. Dollar is still looking pretty strong. The World Health Organization s...

Going to me on the phone is chuck grom, Gordon Haskett retail analyst. Joining me in new york is Lauren Goodwin, new york life multiasset per folio strategist, and Brooke Sutherland of bloomberg opinion. Give us a rundown of where walmart fell short. Brooke it was not great all the way around. The fourthquarter came in weaker than expected, and they called out unexpected softness in the weeks leading up to christmas, which is not what you want to hear from a major retailer. That is in line with ...