Page 5 - Program Announced News Today

Opec offers a bleak estimate of Global Energy demand. Saudi arabia is cutting output to its lowest level since 2002. Shery a quick check of the markets. We are seeing u. S. Futures rebounding and gaining for tens of 1 . U. S. Stocks fell to that threeweek low. It was not just the fed chairs comments. We have u. S. Tensions with china flaring again. Every sector on the s p 500 was in the red and it is now heading its worst week since march 20. Take a look at what oil is doing. We are seeing sligh...

Assessment of Global Energy demand. Saudi arabia is cutting output to the lowest level since 2002. As mentioned, we are looking at the start of the trading session. Thats get over to Sophie Kamaruddin in hong kong. We are expecting moves to the downside. U. S. Futures holding onto a three day decline in kiwi stocks. The index is off by about. 33 and markets are priced in new zealand to join the negative rate club. Amid calls for more stimulus around the world, we are waiting to see if china will...

Lets get to some of todays news from our washington and new york teams. I want to return to trade tensions between the u. S. And trump president responding to questions on implementing the phase one trade deal amid the coronavirus pandemic. We signed the deal. I heard that too, they wanted to reopen the talks to get a better deal. China has been taking advantage of the United States for many decades because we have people in this position, sitting in the oval office that allowed that to happen. ...

A couple of days on the holiday and we are seeing assets catching down, what weve been seeing most of this week. The csi 300 down. 6 . A lot of focus has been on the renminbi. Fixed slightly stronger, but marginally. Perhaps it has limited the volatility. Weve seen implied vol spike for the offshore renminbi. We are seeing a bit of spread between the onshore and offshore. The onshore at 7. 0 632. We are watching hong kong as we slowly return back to normal. Weve heard from carrie lam that they w...

Crisis. I think its a good thing for us, you know, this quarantine, all of us not working. Reporter but its not good for marathon petroleum, as it announced its shutting down its massive martinez refinery, a process that takes about a week. The company said its grant to shut down on sunday because of a 60 drop in demand for gasoline brought on by the coronavirus, and californias shelter in place order. This is are a really unprecedented event that the refineries, i think, are scrambling to respo...

Business lending facilities to keep credit flowing as u. S. Job losses surge past 30 million. Shery lets get started with a quick check of the markets. We are seeing pressure on u. S. Futures, falling more than a percent at the moment, after the s p 500 fell from the sevenweek high. But yes, it was the best month since 1987. We saw the s p 500 climbing 13 this month. We have more pessimism about the economy today. We had dismal jobless claims data. Slowing down but elevated. We have positive sen...

Bay area take a look at your screen there are more than 6,000 cases and a 196 steps you can see those numbers broken down for your county by county check out Santa Clara County staffs at 73 and more than 1800 cases you can also see that these numbers are on our website kron 4 dot com. So if you want to look at your specific county just check it out on our website. Now lets get to our top stories this saturday morning as people are now required to wear a mask of some form or a facial covering in ...

Are glimmers of hope and positivity at the family run this is whose tagline is just like family. Even if it is complete devastation around us, it is like an island, like there is a big tornado in the swirling around us. Reporter at least the residents have died at excel Healthcare Center on high street, at least 36 of the residents and 17 Staff Members are infected. Excel has a history of Violations Including in december, when inspectors at the facility failed to follow a doctors order for oxyge...

As we know it. Today hououse is meetingg under r exceptional and unprecedented circumstances. Adorned with a sea of n no sitting signs, the capacity of the chamber has been slashed from 650 to just 50. Hazard tape on the floor reminds those present to keep their distance. For the first time in their 700 year history, mps are being asked to do their jobs remotely. Easter recessm comes amid growing anger at the official response to covid119 with bliststering accounts off government in action in th...

Losses early in the session after the ceo of russias Sovereign Wealth Fund told cnbc and moscow and saudi arabia are very close to an oil deal. Wti and brent are both coming off their best week on record. Not recent records on records ever all the way back to 1983 when they started tracking wti last week wti was up by 31. 7 . Up by 12 on friday alone. A meeting of Major Oil Producing Countries was delayed but still expected later this week that news just being told to cnbc that it looks like the...