U. S. President donald trump says the fed should cut rates by a full percentage points. Im not saying there are not circumstances in which i would be willing to ease. I just want to see evidence we are going into something that is more of a slowdown. Growing at 2 , im not as worried about that. Another reprieve for huawei. Riskon sentiment for stocks. Mark mobius says it is better to go for gold. I think you have to be buying it frankly. The gold longterm prospect is up and up. The money supply is up and up. Matt bhp investor bonanza, the worlds biggest miner boosted its dividend while warning on raw material prices. Mckenzie says it bhp can weather any storm. Ready for whatever the road might throw at us. Downturn,fit from a lot moren also get a cash in an upturn. Matt a halfhour away from the start of European Equity index trading. First, u. S. Treasury yields continue to rise. This is up 1. 59 . Over three days, it is rising. Today we see from yesterdays close, a couple basis points
We have you covered. Ed starship goes further and faster, spacex loses the vessel during reentry. An unprecedented technology breakthrough. Caroline we get to check in on the tech earnings and sit down with the ceo and push ahead to results up with the belt. Lets check in on how these markets are performing. We are flat on the nasdaq and the benchmarks more broadly. This is a day when we focus in on economic data. Keep an eye on 10year gilts come at one point pushing up 10 basis points. 4. 28 . Why are costs rising . Some of that data showed hot inflationary pressures. Also a lackluster economy more broadly looking at retail sales. All of this darling back expectations for a bit cut to becoming as soon as june or july. We keep an eye on what is happening in europe and we have dovish sentiment from members of the ecb. The u. S. Dollar is rising above all of the g10 Currency Pairs with the euro is lower because of the dovish tongue. Have a look at what is happening with bitcoin, we pair
Of the green board of the Stock Exchange , we have seen a lot of demand from private sector activists for the purchase of renewable electricity, which can create a good future for the country in this field. Niro also said that it is better to create Power Generation capacity from Renewable Energy up to 7 thousand megawatts in the 7th development plan. The iran Commodity Exchange announced the acceptance of new goods and products in the exchange, based on the announcement of the management of the iran Commodity Exchange, accepting four new goods and products. Scots and iron ore concentrate and aluminum ingot belonging to four companies were accepted for supply in the main market of the Commodity Exchange. It was also agreed to accept 5 goods and products, including heavy oil steel pipe, writing paper and bentonite, belonging to 5 companies in the secondary market of the Commodity Exchange. These goods have been accepted the products of august 17 and after reviewing documents and documen
Of the Security Council . Thank you yesterday voting actually took place, but voting took place on two projects the american draft resolution was put to a vote , the russian draft resolution was put to a vote , the Russian Federation, china, the United Arab Emirates opposed the american draft resolution, brazil and mozambique abstained, the rest supported, our draft resolution was opposed by the usa and great britain, and supported by china, gabon and, naturally, the Russian Federation. What do i want to say in this regard . Thus, at we do not have a collective signal from the Security Council regarding what is happening in the middle east, tragic events are happening there. And yesterdays vote was not the first, as you know, from the very beginning we formulated our position very clearly, it was formulated by the president of the Russian Federation and it was aimed at quickly, perhaps as soon as possible, stopping the violence, stopping this spiral of violence that was unfolding in ou
Lisa abramowicz and Annmarie Hordern i am Jonathan Ferro. Your equity market positive. 4 . We will proceed carefully just like this Federal Reserve ahead of cpi. Lisa proceed carefully although i do dont know i do not know where the bias is in markets. Yesterday everybody seemed to disregard ppi and we got a rally in bonds regardless. How is this leveraged because people want to have a bond rally . Jonathan what a turnaround over the last two sessions. We have dropped back in two sessions. To see the 10 year lisa kathy jones put it well. There is something technical going on. I keep going back to what it means for broader markets and an understanding of what this market is. It is the deepest most liquid market in the world and it is whip sawing around by 20 basis points, 30 basis points more in a couple trading sessions. Jonathan we are fortunate to have Annmarie Hordern with us to work on the latest on israel. Antony blinken landing in tel aviv today and the Israeli Defense minister w