Japanese yen is a safe haven. I must say actually, the japanese yen is up than u. S. Dollar and is holding up. Oil is definitely on a buy. Wti, to give us a sense of the volume. Brent crude is saving four times its volume and w. T. I. Is trading six or seven times. The markets are definitely moving with this geopolitical news overnight. Its time for the Global Exchange from around the world. From london to istanbul to prints on, new jersey and washington. Our bloomberg voices are on the ground with this mornings top stories. We begin with tensions in the iddle east where one of irans most powerful general killed. The u. S. Active International Terrorism targeting and assassinating is extremely dangerous and a foolish escalation. The u. S. Bears responsibility for all consequences of its ogue ven chur churism. Mark, what is the reaction . Ive seen some demonstrations already in iran. Yes. There have been protests in iran which is the city where he was born. The key thing to remember abo
Sector is feeling some pain from trade. Lets check markets because we are to have a negative Market Impact overnight. Given the heightened geopolitical tensions, we saw the 10year yield dropped. Were back to 1. 81 right now and rising once more. Treasuries selling despite that manufacturing data. We have the s p 500 down 0. 7 . The only sector that is positive is energy. Not that strange when you think oil prices are a few bucks higher. The dollar index is close to 97. The yen is stronger. Most currencies are weaker versus the u. S. Dollar, which is acting as a safe haven. Gold as to point to well because you can see gold is up another 1. 2 . We are close to the 1515 mark. Crude 63. 60. We are off of session highs. Rent trading 68. 81. Big reactions on the treasury markets. Isn is significantly weaker. Stocksxx 600, european are down. Airline stocks are suffering the most. Risk off toassic geopolitical events in the middle east kind of day for these markets. Just day two of 2020. Vonni
Great attendance with the wonderful diversity in her field. But today we come to one of our two major events of the year, our summer signature program. And i need to think to friends who sponsor and made todays great event worthwhile. First of all my friends and forum. In forum is a research and consulting progra firm that hasn open for 52 years and very much embodies the great tradition of innovated Economic Research at the university of maryland. Secondly our friends at the National Association of realtors, since 1908, they have been the voice of the Real Estate Community of washington and provided valuable Economic Data and research and the critical sector of the economy. With that in mind, with those organizations supporting us and with the large and distinguished audience behind us, we have come to a moment and i have to tell you, i cannot imagine a better marriage of a moment and a speaker then what we have today. Jim is really a man who embodies best the bark field. One of the j
Freely u. N. Trade more and u. N. Falls against the dollar. An interesting shift in the market. David they dont have to worry out it like they did. Breaking news. Continental is in talks with advisers saying it is going to explore a possible holding structure. This could be the biggest overhaul ever for this very large Auto Component maker. Tos appears to be an attempt break it up so the individual parts of the company could trade separately. They be some of the tire manufacturer could rise on the news and it is tied perhaps to the move to Autonomous Vehicles and the electric vehicles. Ag will be exploring a holding structure. Alix those are the super fancy tires. David they are very nice tires. Time for the morning brief. At 10 00 this morning Minneapolis Federal reserve chair Neel Kashkari ways in from minnesota. President trump meets with bipartisan members of the senate on immigration issues. At 1 00 tonight states auctions 24 billion in threeyear notes. Alix heres emma chandra. Th
Major funding for the pbs newshour has been provided by do you have the papers . The white house has been lying about the vietnam war for 30 years whats next . Youre talking about exposing government secrets. Is that legal . What is it you think we do here for a living, kid . If we publish this, we could all go to prison. If theres a way to destroy you, nixon will find it im asking your advice, not for your permission. What are you going to do . The post. What are you talking about . I always wanted to be part of a small rebellion. Rated pg13. Babbel. A language app that teaches reallife conversations in a new language. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and