On the u. S. 10 year. The euro firmer against the dollar. Alix take a look at commodities. Oil below the 100 day moving average. That is significant. I wanted to point out it is not just oil that is weaker. It is the entire commodity complex. Iron ore, copper also down. Gold a little softer as well. It is important. Not just about oil or the oversupply, but weakness permeating. Jonathan lets get over to pray for now. President mario draghi predicted to leave Interest Rates unchanged through the end of 2017. Joining us for more ahead of the decision is jamie murray and matt miller. I wanted to start with a simple one. What are we expecting today . We are not expecting change in Monetary Policy for the ecb today, but we are expecting a change in the ecb inflation forecast. 1. 3 ank currently sees inflation for 2017. Running much hotter than that. It is at 2 . We expect the ecb to nudge that up this year. Comes off in 2018 and back in 2019. The question is, when is mario draghi beginning
Were seeing people who, in fact, cannot be treated with any existing therapy that we have. And i think the threat here to Public Health is we can have emerging epidemics of these organisms if they will spread. Right now they are fairly limited and sporadic but they will spread and well be in a situation where we literally cant treat an infection that is unfolding in a wider sense. In addition each year were seeing greater and greater resistance problems for ordinary microorganisms. So doctors are turning to second or third line antimicrobial agents, agents we used to reserve for very selected situations. And as that occurs more resistance to those will evolve and so eventually well be empty handed. In the case of antibiotics even slight variations in the bacterias genetic makeup, can be the difference between a drug working or not working. Understanding that back terry all resistance compounds this problem many times over yis it important for our antibiotic drug plain that we have mult
The stocks eight 7 the ceo was fired a few days later and she became instantly renowned around the rubbishy has been around a lot longer. In 2005 you put out a report about the Housing Market we were headed for subscribe to the we just loaded up on so much debt that we were headed to unprecedented credit losses in 2005 well before anyone said the word bubble with the Housing Market after college 2007 she went on to make other calls about ups and Lehman Brothers said bank of america. I dont think hsbc. [laughter] but that landed near death on our cover of Fortune Magazine in 2008. Things have not been the same for her since i would say but after that to turn the focus on another area of the economy of the trouble zone of stay in municipal finances working on a report in 2010 called tragedy of the comments how this was the next big danger area in that those that had over leveraged and have gone down the same path as the banks. She turn this report into a book called fate of the states th
Technical traders. The s p 500 closed last at 17 82. The next important line of support is 1775. If the market ends below that level, the market could continue a rough tumble. What worries the market is the 2 day Federal Reserve meeting getting underway toda and apples earnings outlook was weaker than predicted. Its an extra busy day for the bond market, Glenn Schultz of Performance Trust joins us now and will the bonds be stressing over the fed meeting that gets under way today . And then the president speaks tonight . In terms of the bond market and the quantitative using program of the Federal Reserves,my expectation is that the Federal Reserve will continue on their Quantitative Easing Program and theyre going to continue on the type tapering of that program. So we are likely going to see another 10 billion reduction in the large scale Assets Purchase Program which is gonna put the Federal Reserve on track to end the large scale Assets Purchase Program sometime in the Second Quarte