Page 17 - Guy Johnson News Today

Total bond purchase target to 745 billion. Beforewaiting until 2 30 the governor comments to journalists. We will get more details on exactly what the bank was thinking at that point, but theres obviously speculation swirling that we could see as far as negative rates. Qe byoted 81 to expand 100 billion. It will be interesting to know whether that one is actually for more qe at that point. The data in the moment very weak. We saw the cpi data earlier this and thatedibly weak, negative gdp print ...

Confusion as to what the boe is doing. Are they dovish or hawkish . Cannot tell. Guy, we will be speaking to the iea executive director and also at Columbia University visiting professor and former citi chief economist. Guy also formally of the bank of england. We will just what exactly we have been learning from the bank of england. A lot to digest and hard to fathom. Hour we last half an have seen news from the press briefing. A teleconference briefing with reporters after the policy decision....

If retail buying cyclical, do you have to . And one of the potential movers u. S. , theket in the pharmaceutical analysts. A lot of pockets but we can start in the u. S. What is your biggest take away and how should the markets be taking it . I think the simple read of trying to analyze wave one, wave two, it really does not matter. At how thisto look rise in the number of cases, i think we talked about this last week, actually translates. Nobody wants to get infections running around still but ...

I find it absolutely amazing we find ourselves in a situation where what is happening with hong kong, the china trade deal, the economy, the rioting taking place in the u. S. , and the equity market just shrugs it all off. Only shrugs it but continues into the value trade in the deeper cyclical trades. Everyone was saying, this is not going to last, yet it still continues. Lets break down more of the markets and how do you feed in the u. S. China trade tensions. Joining us now is nathan sheets. ...

Lets break down the data. The ism manufacturing number has come in at 43. 1. That is shy on the consensus, which was 43. 8, but ahead of where we thought things would be at bloomberg economics. The headline number is a bit of ordersaly because of the and the duration of orders component, which messes things up a bit. That number is coming in as expected. The employment numbers picked up as well, and the prices paid number picked up strongly. Lets get a look at what this means for the u. S. Econo...

What is interesting are the responses. Normally this data is not very exciting. In the united states, it is dictated by what they are getting at the gasoline pump. Shifted to focus on groceries and products such as hand sanitizer. Inflation expectations were dramatic in april. They are at 3. 1 in terms of the survey and 3. 2 percent last time around. The last year, that number was significantly lower. Alix 2. 6 . Lsare we going to get inflation growth in five years time . Yesterday was a brutal ...

Of europe. Early on, we saw the autos up more. 1. 36 ,os are only up 1. 42 . The german tenyear now catching a bit as well, negative 0. 44. David from Credit Suisse is going to be joining us to give us his technical picture about what is happening here. He is certainly very interested in how the markets close at the end of the week. David is coming up from Credit Suisse, the head of ta at Credit Suisse. That will come up at roughly half past the hour. ÷bthe u. K. Story today, very g. We are wa...

Meantime, lets talk about the headlines. Brexit, Prime Minister Boris Johnson and the had a callmmission earlier on in the group agreed to hold two months of talks to talk about a postbrexit trade deal. Boris johnson said there is no reason why they shouldnt get a brexit deal done in july. However, u. K. Has ruled out an extension. We have a political economist joining us, what is your sense of what is going on here . Degree, is there any surprise in the idea that an extension is not forthcoming...

The second choice of everybody. Well he said my name is new in the field and i suppose im not the first choice of a great many. Our policy is to leave them in a mood to come to us if they are compelled to give up their first love. I know, it kind of gets you right there. Giving up your first love. So the themes we will talk about and im going to explain why there is certainly a book cover in the upper corner, but, first of all, republicans showed they were not the week party. They actually ran a...

600 billion euros and extending it out until at least june, 2021. Speaking at a virtual news the president weighed in on the balance of risks and where they are right now. The extent of the recovery will depend crucially on the duration and the effectiveness of the containment measures. The success of policies to mitigate the adverse impact on incomes and employment, and the extent to which supply diversity and domestic demand are permanently affected. Council the governing sees the balance of r...