Page 2 - Daniel Schaefer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Zero, in an attempt to save the u. S. Economy from coronavirus fallout. But the markets are not impressed. Yields fall off a cliff and futures trade limit down. An historic slump in east asia. The Economic Impact of the virus is laid bare by the latest data from china. Retail sales, fixed investment, and industrial al output all plunge. And europe widens its lockdown. Cases across the continent surge as the government shuts down the borders in europe. One aviation consultant says the new no travel norm threatens to bankrupt most airlines by may. We are getting headlines out now from Fiat Chrys...

Moving news from all around the world. Delhi, newg to new jersey and washington come our bloomberg voices are on the ground todays top stories. In asia, you had the pboc lowering the rate it charges on shorterterm loans to lenders. Index added 150 billion yuan into the banking system. Joining us is tom mackenzie. Is this the start of an easing cycle, or a shortterm term liquidity crunch into the new year . Tom it seems like more of a shortterm liquidity crunch. We are looking ahead to january, what it looks like you will get a withdrawal of cash out of the Financial System here of about 450 bi...

World, from vienna to london, frankfurt to washington come our bloomberg roses are on the ground with all the top stories. In vienna, opec is said to reduce its target as a rock promises to comply. Joining me for more is bloombergs annmarie hordern. But do we know so far . Annmarie good morning. What we know is theyve agreed at the opec allies meeting today to cut by the hundred thousand barrels a day, but the devil is in the details. Brent and wti are both lower. This cut is basically cosmetic. We are still waiting for more details because it just brings the figures on paper to what theyve be...

China allows further tarifffree soybeans aheads. Of highlevel negotiations in washington next week. And we see a united front in europe. Joining the United States in blaming iran for last weeks audi attack. President trump is set to deliver his address to the General Assembly today. Morning. Welcome to the european open. The u. S. 10 screen year yield over the past three days. 1. 7 . It trading at watch out for another selloff in treasuries that would spike the yield higher. Remember, we saw on friday the , friday a up to 1. 9 week ago. Take a look at the futures this morning as well. Have gai...

The economy shrinks in the Second Quarter. In september, china is sticking to trade talks after untildelays some tariffs the christmas period. Airport injunction, Hong Kong Police at the City Transport hub after a chaotic night when protesters were beat and detained suspected infiltrators. Yen,a look at the japanese just to illustrate what happened yesterday when donald trump tweeted that maybe some goods do not need tariffs on september 1. It would help the christmas period. As a result, you see the safe haven bid come off the japanese yen pretty substantially. We were down almost at 1. 05 ev...