Peter navarro. It has been a huge swing s p futures up, nasdaq up by 62. The nasdaq up seven sessions in a row. S p is up. Watching for the month of june, all three of these is up on track to be the third month in a row taking a look at treasury yields youll see the 10year is yielding 0. 715 . Crude oil up above 40 for the First Time Since the lockdown in early march. Getting to the story it has been a wild ride overnight. Last night on fox news, white house trade advisor Peter Navarro responded to a question about the china trade deal saying it is, quote, over. At that point, futures plunged about 400 points but then recovered after he later clarified his comments saying it had nothing to do with the phase 1 trade deal which continues to be in place. He was speaking to the quote lack of trust of the Chinese Party after they lied about the origins of the chinese virus. President trump posting a tweet saying the china trade deal is fully in tact. The lesson is that the move is a good re
Police wen and his family fight back. Their lawyers call it untrue and are considering legal action against the new york times. For our u. S. Viewers, the show will be on just one hour this week because europes has gone off daylight savings time, so were just four hours ahead now of new york time. Hurricane sandy is also still several hours away from make landfall, but the impact of the storm is already being felt. Transportation has ground to a halt as new york and other major eastern cities have shut down mass transit, Airlines Canceling Flights and in new york city, mayor bloomberg has ordered the evacuation of some 375,000 people from low lying areas. The New York Stock Exchange and nymex are in that evacuation zone and are affected today. Those markets plus the nasdaq and cboe will be closed today and possibly tomorrow. Cme says it may not reopen to tuesdays session. Exchanges, brokers and regulators are worried about integrity of markets and cooperate ensure the safety of the emp
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Minister Franc Weerwind is highly critical of two proposed amendments adopted by the Tweede Kamer, the lower house of parliament, that would allow the recording of conversations between prisoners and their lawyers. The outgoing minister said that these plans for high-security prisons violate the Constitution and the European Convention on Human Rights (ECHR). He is therefore asking the Advisory Division of the Council of State for an urgent opinion.