We still have some markets closed overseas. Volume was down 20 versus its 10 day average. Within the s p, energy was the biggest laggard, off by just 1 2 of 1 . You had Consumer Discretionary and materials leading in the winners category. General electric at its highest level since 2008. It was like a stealth rally. People were talking about it so much on Program Twitter that our social velocity index had an alert. I cannot find a reason for it. Tracy i did not see was there a reason for it . Alix a very interesting development. Tracy i wonder whats going on there. Jolly take a look at currencies . Shall we take a look at currencies . We did see the u. S. Dollar snapping a sixday rally, this again thanks to traders thinking about the potential or not potential for a fed Interest Rate rise. We saw some disappointing economic interest economic information today. ,ooking at the brazilian real that continues to rally. It is absolutely amazing. We had speculation that the president is getti
Bank of england minutes, then we will go to mark barton for his reaction. What is standing out for you . The boe sees some signs of the Eu Referendum on june 23 is weighing on activity. May causeerendum softening in the first half u. K. Growth. That is interesting. It will react more cautiously to data before the eu vote. That is big. Also, it is considered implications on Monetary Policy. A brexit but may extend a period of uncertainty and have an impact on pound and asset prices. The brexit would likely push down demand in the shortterm. The brexit getting a big mention in todays boe meeting. Last month was the first time the bank of england as a group mentioned the risks of the brexit. Key risk. Is a until it is out of the way, do not rank of a rate hike. Looking at cable, barely higher at 41. 63. I made the discussions, many banks have told employees dont do that. Should the bank of england remain quiet . They want to remain independent, but they have to say some thing. There is a
This morning the speaker when asked about the plans asked about the details and i believe he said blah blah blah. [laughter] do you feel like you are begin their cut before you unveil your plan and giving the remarks where does this stand . I dont think we cannot afford to wait. I cant settle for an economy that grows at 2 , settle for high employmen unemployment andt able to live on their own. A declining wages for the middle class. We need to be the party of growth and opportunity, restoring the American Dream and this is something americans have hunger before. We have an obligation. I put up this draft so that we could engage the American People on this and i think this is some of that as i travel the country and through the hearings ive had this is something that is very much to move forward. The new cspan. Org website makes it easier than ever to keep tabs on washington, d. C. And share your findings via facebook, twitter and other networks. Easy search functions let you access da
Cancer. He was only 38 years young. Officer thomas joined the forese nearly 14 years ago. He quickly became a familiar face to many of the senators and staff serving. By all accounts, his dedication and professionalism and service in the Senate Division and most recently in the Communications Division were a credit to the entire department and to our institutions. Officer thomas in the Close Knit Community of brave men and women to keep us safe here thee capital. The entire senate joins officer thomas as well as his brothers and sisters here in uniform for morning this tragic loss. Now in an entirely different manner. We learned last week its now at the highest level since 1979. For folks on the phoenix metro metroarea where inflation alreay outpaces the National Average thats met a 3 3 inflation taxn food in just the last two months. According to one arizona shopper, its all almost 300. I used to get the same groceries for like 150 before. Across the border in nevada the review journa
Veterans court which is something i think is well overdue, at least veterans in San Francisco. So they can get a fair shake in court. Things are happening due to the military service. Thank you. Thank you. Thank you. I have a question. You have a question . Sorry. Supervisor cohen . Just for the public, sir, please come back. This is a First Committee meeting. Supervisor yee is new in this chairmanship so were still working out the kinks over here. Can you tell us a little slack here. See, mr. Gibbs, how are you . Im good. Good, thank you for your service as well. Can you tell me how long you served on the commission . Prior . Probably 15 years. You served on the veteran Affairs Commission. What capacity were you serving . As president for two years, otherwise i was commissioner. Umhm. And what were the circumstances that lead you to leave the commission . You said i moved to europe. Okay. Yeah. And you came back and youre looking to volunteer some more time, right . Yeah, yeah. I thou