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Cuts so futures are pointing to further declines despite the jobs growth today, smashing expectations for february. The economy added 273,000 jobs during the month, versus the expected 175 Unemployment Rate 3. 5. Wall street looking to close out a turbulent week, the tenyear did tumble below 70 basis points for the first time ever, as investors look for safety amid fears. Revisions on the jobs number not bad but people are calling it the least important jobs number in a long time i dont want to go there. Im going to say the opposite. When you come in with a head of steam, at least you got some possibilities that were not going to go immediately into the recession because there were you dont hire and then lay them off the next day the 53,000 jobs in Food Services and drinking places, thats an extraordinary number are we going to fire all those people interesting. Not right a ....
And of austerity. The u. K. Prepares its biggest dose of stimulus in decades. It really is said to plan doublings doubling stimulus to combat the outbreak. President trump appears to a coronavirus conference. He was expected to announce a major stimulus package that he hyped himself the day before. And, taking a hit. Couldsays the coronavirus knock First Quarter quarter china revenue by one billion euros. We will speak to the ceo in just over a half an hour. Youve got some breaking news down there on the green from the bank of england. Anna absolutely, breaking news. Itsbank of england reduces bank rate. The bank of bank rates by 50 basis points. 20. 25 . A surprise rate cut from the bank of england. Just as we saw a surprise rate cut from the fed. Here we are seeing me seeing a great deal of cooperation theeen the fiscal side of monetary side in the u. K. Investments are waiting for an update, waiting for the government to respond ....
Guy as a markets reporter, lunch unch is something you never want to see. That is where the stoxx 600 is. But it is just above the 200 day moving average. Marks and spencer, intentionally going back to the ftse 100. There is a review going on. It was up 4 yesterday and today. It tells you about the consumer. Consumer is spending money. Admiral, here is another interesting story. This stock is up by 6. 9 . Its auto business is doing better. What is happening is renewal rates are going sharply higher. The inflation rate within the auto sector is high at the moment, being pushed through and sticking. As part of the business is recovering. The stock is up five 6 . Alix the reason i think this one is significant is it closed below the 50 day average yesterday and we are not getting followthrough selling. This is a sign. The filly helping target. It closed at 23 low yesterday. The bars pretty low. But they did lower their forecast so it was not all sunshine and roses. This is where it gets d ....
Time. Sounds like you went in the advance, the wherever youre catching the program from today across the world. Welcome to multiple on the global news roundup on our to breaking news this. Our nice years new leadership has accused from violating the west african countries, aerospace and conducting an attack on local military forces that issued a statement that the incident enabled quote, terror. Ringback as prisoners to escape from the detention facility. These have been imagined as them gravity v sykes, true, mysterious events under way and these yeah. As a result of the behavior of the French Forces and now territory. And they accomplish this on the 9th of august, the end of 23. 00 at the wrong 6 delta. And then if you have a national got position and bulk adult. Good. So to columbus or something to send me right, goes mine inside came on to attack. The number of casualties has not yet been established. However, as a reminder, th ....
Anniversary, the bosnia serb leader calls it all a lie. We look at some of the latest sites to be awarded World Heritage status by the united nations. Vote can has finished in terms of the countrys international bailout deal. I will give you figures we have just got from what they call an exit poll. Spooishlth 52 say they are against the deal. Thats a no vote. 48 have said they are in favor of the deal. It was a symbol for or against the bailout put forward by international creditors. Casting his vote in athens the Prime MinisterAlexis Cyprian said agrees was determined to take its destiny into its own hands. Jonah hull reports. Reporter from the country that gave the world democracy comes a referendum that may mean the world to greece. There is a program by germany from commission and so europe and we cannot continue w ....