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We are looking at a contraction for the year between 1 and 4 . Looking at where china is, reality starting to bite, trading lower right now. Pmi front and center. Chinas economy has been damaged. A lot of the world still is shutting down. The downward revision in expectations may only be just beginning. Nikkei, lower by 4 . Jitters also there in the market. For globalmism governments to cushion the blow from the coronavirus outbreak. Lets flip the page, take a look at where we are in terms of the dollar. Easing a little. Theaussie below 60 to dollar. Is,ng a look at where crude down by 1. 5 th...

Could you suggest which specific areas of the country could have guidelines relaxed . Trump i think there will all Start Talking about that in a few minutes, tony will talk about it, but cant say lets close. People dont want to close. I say it again and again. The reason i do is that i want you to report it eventually. Reporter when you talk to president xi tonight, what do you want to talk to him about . President trump it is his call. I think we will have a beautiful call. It is tonight at 9 00. We will be talking about the virus. Reporter the market rally again, up over 4000 points in the l...

Stabilized but that doesnt tell you what is happening beneath the surface. The 10year yielding 0. 8 . Updates on the outbreak in america. We are now more than 4,600 confirmed cases. At least 85 deaths last night, President Trump vowing to backstop u. S. Industries saying the u. S. Will be power fully supporting those Industries Like airlines and others impacted by the virus weigh will be stronger than ever before the eight largest u. S. Banks announcing they will be jointly accessing funding from the Federal Reserve. There has long been a stigma and they are all doing it together Morgan Stanle...

Indonesia as well has been the laggard when it comes to its performance against the dollar. That is also seeing some decent gains. We are up 4. 5 . Yesterday, we saw a stunning rally, jumping the most in 20 years. May just be a technical rebound given how extreme the drop had been before. Brent and crude, we are still seeing some decent gains. We could be in a freefall given the shutdowns we have seen across the globe. Australia. Hing the only laggard today, down about 1. 5 . Still has been a stunning rebound. E. M. Having a good run. Jay powell has been reassuring americans the fed still has ...

Down more than 3 . These are very large Chinese Companies, could have major implications should they need to be delisted elsewhere like in hong kong. You are also seeing a lot of geopolitical tension in the oil market. Interesting story across a huge leg lower, down as much as 2 on news that peace between sally and yemen, between saudi arabia and yemen, or at least a ceasefire. President trump said he would not lift sanctions on iran in exchange for talks on oil. Speaking as trade escalation comes back into the market. A lot of fears about what trait between the u. S. And china will do. David ...