We have seen strength. It has reached 690. That could mean a path to a level not seen since january. The hang seng up 1. 5 . Take a look at where we are in terms of emerging markets. They are trading higher. 1 shy of a recent losses. The kospi is up. The south korean assets will be watched today as it is expected to stoper restrictions a flareup. Gold down to 1943. Lets get to first word news with Karina Mitchell in new york. Karina President Trump is welcoming a coronavirus treatment that involves blood plasma from corrupt recovered patients, saying it will be expanded to more sufferers after the fda approved its use. This makes it easier to make it accessible. Even though its full effectiveness has not been proven. The fda has concluded the treatment is safe and works. Virushas marked a grim milestone topping 3 million infections as the outbreak accelerates. New cases rose by 59,000 sunday with 57,000 people having died in total. South korea is considering imposing tighter Health Res
U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain in terms of futures. I believe the record was around 1923. Looks like we are about 1 or so away from that record price. Its 1923 or 1921. Anyway, we are edging close to that record price. Weakness. Lar silver gaining close to 2 . The 10 year in the u. S. Yield is a little below 0. 6 . Rish. Rishaad were going to bring in banny lam. Welcome to the program. We just outlined, at least tom did, outlin
Group. All of the numbers as soon as they hit the tape this morning. Futures showing a mix bag as you can see, excuse me, we have that is arrows across the board. Nasdaq up 34 and a half, s p is up 11 this after yesterdays crazy lateday selloff. California announced lockdowns and when the announcement came through that really did hurt the market. The dow barely holding a gain. We will see if we can do better today. Well, jumping species. Animal to human virus contraction may become more common. How to protect yourself, plus, ford taking nostalgia route with newest suv back by popular demand. Mornings with maria is live right now. Coronavirus lockdowns in the United States and scaled back reopenings both impacting european markets. As you can see red across the board. Weve had improvement overnight with europe. As you can see the dax and the cac 40 down more than half percent. Not in asia, red across the board. Different story from yesterday morning. We have pressure on markets especial
Rep. Payne good morning. We are here to discuss the coronavirus also known as covid19. A moment to send my condolences to the American People who have lost loved ones during the crisis. We all know someone who has lost a loved one or someone close to us as well. Our condolences go out to the people. Specifically we are here to discuss the administration and femas response to the pandemic. As new states such jersey have been hit particularly hard. Im grateful to the fema employees i know are working hard to help us get through this. I think there is serious concerns about leadership coming from the white house during this pandemic as well as a need for greater level of transparency around new initiatives of fema. Joining me to discuss the administrations response, my colleague from the Home Security committee, val demings, representing florida and being a former First Responder herself, she is no stranger to disaster. Additionally we have a special guest online today, the former fema ad
Us, as well. Our condolences go out to the American People. Specifically, we are here to discuss the administration and femas response to the pandemic. While the entire nation has been certain states, such as new jersey have been hit particularly hard. Im grateful to the fema employees i know are working hard to help us get through this. However i think there is serious concerns about the leadership coming from the white house during this pandemic as well as a need for greater level of transparency around new initiatives of fema. Here today to discuss the , administrations response, my colleague from the Homeland Security committee, representative val demings. Representing florida and being a former First Responder herself, representative demings is no stranger to disaster. Additionally, we have a special guest online today, the former fema administrator under the obama administration, craig fugate. Before leaving fema, he headed the Florida Division of Emergency Management. Before tha