Stay updated with breaking news from Bank leader. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
And fighting on all fronts. The tory rebellion over Boris Johnsons coronavirus powers Gains Momentum as brexit talks enter a crucial week. 6 00 a. M. In london. Annmarie hordern is out for the day. A solo show. Morphing tol risks the center of the barbell. Inmorgan warned very clearly terms of where we are. We are moving toward a point where correction is overdone. Moves from the tail into the middle. It is the size of the risk you have to measure. Lets take a look at what jp morgan has to say. Three quarters of the way done. We have moved straight to the markets. Lets have a little bit of a look. Csi 300 industrial profits up in china. That has bolstered the equity story. Standard chartered shows a moderating in the growth story in china. An eighth of 1 . The s p 500 up 0. 4 . Lets roll it across and have a look at other products on the move. Oil is moving. Its going to be a ....
Quarantine it, will be a pretty strong enforcement of quarantine. The key is you have to have separation. We have to have separation or this thing takes longer to go away. But the real, really important, and i think you can say this for your country, i think we can say it for a lot of countries, for all countries hope fullly it is going a way. We want it to go away with very, very few deaths. You know, we call it cases, how many cases do you have . Relative to other countries we have very few cases. Relative to certain of major countries that really have a bigger problem than us. Interestingly i think we have the greatest doctors in the world. We offered iran assistance. Iran is having a tremendous problem and we have offered iran assistance if they would like it. We will help them. We would be glad to help them. Reporter mr. President , pentagon determined that iranian backed militia fired rockets that killed two american solders in iraq. Should they expect a response . I would rather ....
Last press conference. Even as we get the weak eurozone data and Interest Rates remain in negative territory. Nokia plunges as the tell cocuts the 2019 outlook and warns of tough competition daimler shares hit top gear thanks to strong mefrz sales the carmaker begins to double down on cost cuts. Weve got such an exciting day coming up. A lot of earnings to go to on the stoxx 600. We just got the aggregate data the pmi number has come in at 50. 2 slightly below the expectations but higher than we were back in september at 50. 1 services pmi, we have at 51. 8, just a faction below but above where we were in september the aggregate number coming in at weaker than we had. If you look at the numbers that had already come out, france pmi came in better than expected, germany weaker than expected i want to bring in a senior european economist who will be with us the next 15 minutes or so before we talk about mr. Draghi, i want to pick up ....
About 5 from their all time highs. Where is it safe to hide in this stock market we have details as power lunch starts right now and here is where we stand right now. The dow was down nearly 600 points at the lows of the day right off the open, weve come a long way back. Now down just about a hundred points with the nasdaq actually in the green, ever, ever, ever so slightly. The two big laggards are energy and financials well explain why, both down about 2 oil sinking to 50 a barrel. Well have more on that later. That would explain why Energy Stocks are down 1 3 4 . The focus is yields banks around the world are cutting rates. This is sending u. S. Investors into a selling frenzy. U. S. Stocks have bounced back, fears remain about what it means for the market we have full Team Coverage to lay it out Steve Liesman is here to ....
Nasdaq up by 33. However the new york fed, bullard as you mentioned and others are pushing back on this idea that a bigger cut will be coming the new york fed itself putting out headlines saying that speech was not about potential policy actions at the upcoming fomc meeting, this was based on Academic Research done by John Williams i dont ever recall hearing the fed walking back what somebody was out there saying a lot of fed president s have spoken to us over the last 10, 12 years at this point pushing become a bit on that. Lets look at what happened overnight in asia. You will see the nikkei was up by 2 . Big swing back for it. Hang seng was up by 1 the shanghai up by 0. 8 . Again, the nikkei reversing course after the weakness we had seen the day before. European equities this morning, you will be seeing green arrows there. The dax is up by 0. 3 . The cac and ftse up by ....