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As demand dips and price wars loom with brent reaching its lowest level since 2002. Awe quarry tet of eurozone banks scrap their proposal after the ecb wants to preserve cash until october in a bid to maintain liquidity the number of confirmed coronavirus globally has risen 723,000. The death toll has risen to 34,000 germany and france have started lockdown with germany. The number of deaths in italy has fallen for the second straight day tough restrictions remain in place. Elsewhere china says it has posted a drop in new cases for the fourth consecutive day as beijing battles against a second...

New expectations about how long the covid19 crisis may last given President Trumps comments yesterday along with anthony faucis. Well talk about that in a little bit take a look at treasury yields this morning lets show you where the tenyear note stands right about now. Youre looking at 0. 367. The story we probably tonight talk enough about these days, lets show you crude prices because they fell sharply overnight. Wti crude now trading at 20. 53 if that was the only story around, youd think that would have a huge impact on markets unto themselves. Meantime, an update on the outbreak cases co...

States to withhold unemployment claims data. It is friday, march 20, 2020 good morning welcome. Im Morgan Brennan live at cnbc headquarters we begin with breaking news. Yesterdays gains. Futures pointing to a higher open with the dow pointing to open up over 844 s p posed to open at 98 and the nasdaq now up 358. This is after the futures market opened last night in the red weve seen a reversal there. It is the first day of a less than 1 move in trading in 14 trading sessions so it gives you an idea of how much volatility has ebbed. The s p ending up about half a percent above 2,400. Similar fo...

Are 196 in Santa Clara County, the most in the bay area. San mateo county has 100 reported a San Francisco county with 76 contra costa with more than 40 and Alameda County with 35. Were also tracking the growing number of cases statewide the California Department of health released. New numbers tonight showing how cases really spiked each day this week we started with 3. 92 monday. And tonight there are more than 1200 cases statewide and this is attributed to ramped up testing this week Health Officials say. Are about 12,000 tests right now. Well, the results are pending. And today millions of...

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 ...