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Biggest gain ever when it comes to wti in terms of percentage. We are losing steam there. We are not seeing a whole lot of movement here today. The offshore is slightly weaker. It does not seem like theres a whole lot of patterns you can actually string together here now that we are excluding japan. Ending the week back to where we started. Tom weve had another downgrade, another cut to forecast growth. Malaysia cutting its 2020 gdp growth estimates to 2 . A contraction of 2 . They are cutting their estimate to 2 on the coronavirus pandemic. Morgan stanley have upgraded malaysian equities. We ...

Little, too late. European Officials Say it is too lockdownrelax restrictions. The german finance minister says he is prepared to offer aid. Read on the screen in asia for the third day in a role. Weakness in european and u. S. Futures. After gains in their cash trading yesterday. Investors mulling this grim milestone in terms of the outbreak. Jobless claims out of the u. S. , 10 million ssericans laming joblessne over the past two weeks. It could be noisy data because it does not take into account the full stale scale of the lockdowns. The dollar index above 100, Holding Onto Gains from the p...

Surveillance. Quite a lot going on with your markets. Lets have a look at what they are doing and some data out of the euro area. Services pmi are coming in short of the expectations. Preliminary figures were 28. 4. Services pmi are at 26. 4. Important jobs data will give us a clue as to the scale of damage to the worlds biggest economy as the damage spreads arid the dollar is actually edging higher. Fluctuating following the jump yesterday. Investors are weighing the assertion that saudi arabia would cut production. Lets get straight to bloomberg news. Coronavirus infections have topped one m...

Tom i would really suggest oil is important, but complete we secondary to the implosion that we saw yesterday and american jobs data. And the french data not much better. Right now, for global wall street, it is about calibrating the slow down and the nonrecovery out in the third quarter. And also, its the follow on from the rents that werent paid. There were massive upsets this morning. Francine i dont disagree. But oil can make things worse. Lets get straight to uber first word news in new york city with viviana hurtado. Viviana we do begin with oil. Opec putting together a Virtual Meeting o...

Reporters on the Coronavirus Response in his state. He presented an update on cases and announced two new debts on from the outbreak. From bratton bruce, this is 40 minutes. Gov. Edwards i thank you all for coming out this afternoon. I appreciate those of you who are here and those of you who are watching online. I am joined by secretary walters from the department of family also buyren services and following my remarks, they will deliver some prepared remarks as well. I am also joined today by dr. Here to answerbe questions if that becomes necessary. I justi came out, learned about to know de...