These tech heavy benchmarks doing better than what we saw on friday. We are watching hong kong closely after we saw them arrests made after protests returned to the city. Looks like they are shrugging that off. Pretty steady for the euro. That ecb meeting on thursday. A lot of questions about how to tackle this euro strength. This has been pretty volatile of late. We get another round of brexit negotiations. Your off to your offshore revenue will be continuing. They onshore rate has had the highest stretch. Bond markets have been falling. Pickuptreasury yields after the u. S. Job report. These are back to the prepandemic levels now. Hedge inll a good these markets. Brent crude still following what we saw with oil markets. Around 42. Lets get more analysis now. With eight Market Strategist. What is your assessment of what the key drivers are behind markets in this part of the world . Good morning. Thank you for having me today. I think we are seeing an interesting trend. We have the sit
Coronavirus cases continue to rise as the fallout cripples the Global Economy. China may be forced to abandon growth targets for the year. We are just getting some news crossing the bloomberg when it comes to expectations for summer earnings out of we are expecting a pretty down quarterly in terms of the impact for the asiapacific. We will be bringing those to you shortly but in the meantime, we have data out of south korea. Shery we are getting the current account numbers for south korea for the month of march. Current account surplus coming in at 6. 2 3,000,000,000 fine 6. 23 billion dollars. The current account surplus narrowing a little bit from the previous month of february. Also, the month of february being revised lower to 6. 4 billion. The goods trade balance coming in at 7 billion. The surplus was a little larger than the previous month. Given that we do have the coronavirus pandemic and april export numbers really taking a hit, the march current account numbers not looking t
Thats what you see going on today, issues that are taken on are the likes of boeing and disney and exxon mobil with oil week and oil related issues and services are taking on as well. Earlier on i told you in the week whats happening in the front and of the socalled yield curve when one in three month bills were returning negative rates, if you want to park your money at a bank in a negative rate environment, your to pay the bank for the privilege of hanging on tour your dough, that is no longer the phenomenon right now as yields have turned positive on the shorterterm security. There was a flipside to the argument and theres less then a reason to move over to stocks. If there are no more negative, they are very, very low, they are extremely low but bottom line they are better than where they were. Lets get to read from hilary vaughn, the relief package coming from the house of representatives. They had some yelling and screaming going into this but their intense abating about in a pas
The no brush bridge available, the people who relied on taking bta trains will now have to look for another way to get around, although ridership was already down 82 in recent weeks because of the state stayat home order. As of 11 30 last night, while six trains were still running, vta says it shut down its entire rail service. Opers beinasked to shelter in place upon any quarantine or testing orders, after an operator training tested positive for coronavirus. Because of low ridership numbers and before Train Service was suspended wednesday, bt announced that Light Rail Service would be reduced to two car trains running every 30 minutes with all bus and light rail trips after 9 00 p. M. Canceled. And with the exception of route 22. Now, only buses will be running. The vta says the suspension of service was done out of an abundance of caution until they learned more information. All of the railcars the trainee would have been operating are being sanitized. Bta says, quote, by nature whe
Shuts down passengers this is for its Emirates Airlines one of the Worlds Largest to fall victim to the Economic Impact of the pandemic. Saying good bye a team of cuban doctors head off to help treat patients and its only. The human and Economic Cost of the coronavirus pandemic is mounting by the hour as the outbreak continues to sweep around the world the latest news were getting now is that Turkish Airlines is holding almost all of their International Flights were going to continue to cover that story but in the meantime in europe the epicenter of the crisis spain has extended the state of emergency until april the 11th after seeing nearly 400 more deaths thats up a 3rd in 24 hours the worst affected. Country italy is tightening restrictions that day after its single biggest surge in fatalities and the financial fallout is getting worse the dubai based carrier emirates one of the worlds Biggest Airlines has announced significantly scaling back passenger flights from wednesday jobs wo