Page 11 - Data Network News Today

The participants saw the case for a somewhat more accommodative Monetary Policy stance had tricked them. Since then, based on income data and of developments it appears uncertainties around the strength of the Global Economy continue to wait on the u. S. Economic outlook. Inflation pressures remain. This is an abrupt change in the last six month or so. A year ago the bank told us that rates will keep going up for the foreseeable future. With a gradually returning Interest Rates to a normal level...

Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance....

Index. The 10 year yield bouncing around a little bit, still at 2. 05 , little higher than the last few days. Guy fed chair Jerome Powell before up to testify Congress Tomorrow as the white house keeps up pressure on the central bank to cut rates. We are joined by pimco Portfolio Manager and sovereign credit analyst. Good afternoon. Would you buy or sell the u. S. Tenyear into the powell testimony . What does he have to do to move the needle . Guest we think powell will roughly compare market ro...

June the answer is no. Zero new orders for the 737 max in june. So thats three straight months, june, may, april, with zero new orders for the 737 max and in terms of that max backlog, it actually dropped by three, as a customer converted three max orders theyll now be made at 787s. So they are not taking those as maxes, 787s. Total for the commercial Airplane Division at boeing, nine nets orders commercial airplanes for the month of june. So theres the information and you see shares of boeing t...

Coming up. This is bulls bears. Im david asman. Joining me on the panel, as we await the president s remarks on the census, liz peek, kristina partsinevelos, Jonathan Hoenig and gary kaltbaum. First, lets go to Edward Lawrence at the white house. Edward, multiple legal setbacks for the president on this. What kind of action do you think he could take today . Reporter yeah, it went all the way to the Supreme Court, got kicked back. Sources are telling fox news that the administration will plan to...

Rosalind protesters keep pushing for concessions in hong kong. The u. K. Parliament takes a stand against a nodeal brexit. Parliament saying clearly we will not take kindly if you try and bypass us. Rosalind ibm and red hat seal one of the biggest tech deals ever. We will help extend their reach into 175 countries. Rosalind plus, kkrs henry mcvey says recession may be coming, but investors should not fear the worst. If i were to quote shakespeare, it is sound and fury signifying nothing. Rosalin...

There. Plus President Trump turns up accusingon china, beijing a reneging on deals in the g20. Shery a quick check of the market close. The thursday session in the u. S. , major indices closing at record highs with the dow exceeding 20,000 in the s p 500 close to the 3000 level. This despite the fact we had a tweet from President Trump complaining about how china was letting us down. Still the s p 500 was led higher by industrials. Again on chair powell testifying in congress one more time. This...

This after a day of trading that saw s p 500 hit another alltime high, second straight day of record. Meantime investors are cautiously awaiting upcoming earning season with 80 of s p 500 Companies Reportedly cutting earnings forecast. Joining me research chief macro strategist lenor hawkins, what is driving the market to plus side if you watch the bond market, 10year yield falling and closing below 2 yesterday and then you this percentage of s p 500 Companies Cutting their earnings forecast . T...

Then last week on 4th of july, no less, congressman amash shocked political world again, he wrote an oped in Washington Post that reads in part. Today i am declaring my independences and leaving the Republican Party. No matter your circumstance, i am asking you to join me in rejecting the part son partisan loyalties and rhetoric that divide and dehumanize us. During a parade on same day, in his home state of michigan, he explained his reasoning. We see too many people trying to find but that mea...

Straight day of declines the nasdaq trying to snap a twoday losing streak. Industrials the worst performing sector following a downgrade of 3m, and for more on all of this and what is sending the dow lower today, lets go to bob pisani at the New York Stock Exchange an important thing, scotty, here is were down three days in a row, and this is not so much i would call searching for direction as i would say that we really need to figure out where the market is going. Were waiting for news, essenti...