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They were next scheduled to meet march 17, so essentially coming out today and saying we will use the tools we had to keep monitoring the situation. Comes at a day the g7 finance ministers all got on a call and talk about what to do about the coronavirus. Is that a coincidence or is there some connection . The financetially ministers, led by Steven Mnuchin because the u. S. Is the host country for the g7 meeting, had a policy morning to talk about the coronavirus and the effect on the economy. Only hours later we saw the fed said they were going two. , he wasy as powell said going to talk to c...

Lebanon had sought his release a week before he fled tokyo. Welcome to surveillance, i matt miller in berlin for francine lacqua. Lets check in with what is going on in the markets for the first trading day of the year. The stoxx 600, the broader european stocks index, is gaining 0. 8 . Futures that are rising as well. We could see a positive start in the u. S. We have a ton of pmis out this morning. I just had germany at the end of the hour. 46. 7. 46. 3. E looking pmi is still weak wherever you look. I thing we had italy or france and they were also pretty disappointing numbers. Coming up, a...

The forecast was 48. We are seeing a little bit of a gain, practically unchanged, but up by 0. 05 . A lot of stock markets are looking at Decisive Action from Central Banks around the world, signaling more dovishness and putting to one side concerns for iran. Crude oil jumping and stabilizing 57. 48. We are just getting the june the manufacturing forecast coming in at 47. 8, a touch below estimates. Anything below 50 indicates a contraction. Speak shortly with the International Rescue Committee Executive and former foreign secretary of the u. K. Later in surveillance, two days after the fed go...

The european markets were down a couple minutes ago. They are pretty much back up. It seems the feel good factor in u. S. Stocks have now petered out somewhat. Im looking at u. S. 10 year treasury yields, pretty much a picture of stability. The dollar off the trade bound. The dollar, gaining a touch. Coming up on bloomberg surveillance, we sit down with luca paolini, the chief strategist at Pictet Asset Management. Thewe will also break down saudi budget with the director of Economic Research at the Gulf Research center. First, lets get straight to the bloomberg first word news. Sebastian uber...

So we are really quite uncertain about that. In your speech in philadelphia, you call the slowdown in job growth last month concerning. You mentioned today that you want to verify the underlying momentum in the economy and labor market is continuing. What do you need to see to convince you that the labor market is still moving toward full employment, and how long do you see it . I cannot give you a formula, i know that you would like to have a number that is a cut off for what we need to see in a particular report. There are a lot of different indicators of the labor market. For example, the l...