Was uniform from the Business Community which rejected this many in congress including republicans said this is not the way to proceed so he really in some ways needed to have a solution to this because many people who would normally be supportive of some of the white house initiatives clearly were not on the side so i think the politics of the somewhat well and whats your reading briefly erick once we get to the stage where sarah sondos is on twitter talking about this for example you know donald trump has had a 5 day European Tour pictures of him state visit her majesty Queen Elizabeth good headlines fox news likes that kind of thing and now hes got a double whammy because i guess his people will say mexico is doing what weve been telling mexico to do. Well i think thats right there will be a certain amount of triumphalism here and crow and i think my personal view is that would be a mistake to look at the mexico is going to be a neighbor for ever of the United States. Its being too
The s p also down. 1 . All oil at session highs, energies leading the gains. The nasdaq is down. 4 . At the lowest level in more than a week. Take a look at some of the currency trades happening. Major markets are still shot, so we are seeing some position adjustments. Not much moves in the dollar, after two weeks of decline. Some growing optimism about the strength of the u. S. Economy after that tax bill. The japanese yen strengthening a little bit but around that sixweek low against the dollar. The boj cap its loose Monetary Policy stance last week. When it comes to treasury yields, 2. 46. The 2 10 spread is now there are for a fourth straight session. That is a look at the market. President donald trump signing the gop tax overhaul bill last week. Congress also signing a budget deal to avoid a shutdown before going on its holiday recess. So what is next on the agenda, what could it mean for the markets . Joining us to discuss from los kumar strategies and founder, komal srikumar. T
In a statement, the us treasury named the men, on the left, ri pyong chol, and on the right, kimjong sik. Treasury secretary Steve Mnuchin added, treasury is targeting leaders of north koreas Ballistic Missile programmes, as part of our maximum Pressure Campaign to isolate north korea and achieve a fully denuclearised korean peninsula. Pyong chol is believed to be one of the top people in charge of the controversial programme. Kimjong sik is thought to be behind the work to switch from liquid to solid fuel. New United Nations sanctions were introduced last friday in response to north koreas latest intercontinental Ballistic Missile test in november. Earlier, i spoke with dr balbina hwang, visiting professor at georgetown universitys centre for security studies. She explained what effect, if any, these sanctions are likely to have. Well, we have to remember that there are Un Security Council sanctions as well is unilateral sanctions and these latest sanctions levied by the United States
We start with liberia, where it was announced a short time ago that the former International Football star george weah has won the president ial election. His supporters celebrated as the Electoral Commission announced that with almost all the ballots counted, mr weah had won more than 60 of the vote. George weah made his name playing for ac milan, he was the first and only player from africa to win the coveted ballon dor award. But for the last three years he has been a senator in liberia. When he becomes president next month, it will be liberias first democratic transition in more than 70 years. Umaru fofana is in the liberian capital monrovia. Obviously this has been a huge reaction. What is it like on the ground . Absolutely. Wild celebrations. Minutes after the Electoral Commission announced the result, hundreds of people celebrated in front of the building. And then, across the city, you could hear the sound of jubilation, honking horns. It has been 12 years of waiting. It is goi
Everything is in the green, but very, very small movements in low volumes as well. 45 when you down look at the 30 day average. Story is in commodities. Come over here, and you can see the commodities index is up. That is a lot by metals. Is that the highest in five years, copper in four years on its 16th consecutive gaining day. Freeportmcmoran gaining about 3 today. Take a look in this chart. This is the bloomberg commodities index. It is seeing its longest stretch of gains in 12 years, and the index has been up for the past 11 days. Finally, i wanted to take a look at some movers. Lets switch up the board again. What you can see, these are some of the s ps worst performers on the year. General electric, under armour, all down on the year. We know that with ge, they are in the middle of a turnaround. The long time ceo has left in the middle of the year, along with another of budget top company executives. A new ceo reported a turnaround plan that was introduced last month, but not re