Page 8 - Guy Johnson News Today

Rally. The bond market yesterday saying a bit of buying come back, but not much for printing. 71 basis on the 10 year right now. Action pivots over what is happening in the United States. We get to the Michigan Consumer center. A little stronger than economists seemed to have protected. 74. 1, up from 72. 8 last time around. 72. 8 was what the economists were predicting as well. Current conditions, 82. 9. That is slightly ahead of expectation which are at 60. 5. The expectations number is actual...

Well. Down as we have seen some more dollar weakness. We are kind of teetering. The market is kind of nervous about whether we are seen stretched positions in the dollar. And we are now, as you can see, still negative when it comes to the jones, but the data generally generally positive today out of germany. Lets talk more about what is happening in the industrial heartland of europe. Lets get more insight on what is happening with that german data. On efo president earlier about things improvin...

For shinzo abe. The pound is big today. We are up by 1 . Governor of the bank of england indicating we are going to see the possibility of negative rates. We are, as you can see, seeing a big bid for the yen as well. Dollar is down. Stoxx 600 is low. S p absolutely flat. Kailey i want to bring you news. Mgm resorts, the casino operator, is cutting 18,000 jobs. That cut impacts over one quarter of its u. S. Workforce. It has been a hard time for casinos during this pandemic. Mgm operates not just...

Attention to what is happening. Very much what we did earlier. This is it this is what Christine Lagarde says the central bank will do. The governing council will carefully assess incoming information, including developments in the Exchange Rate when it comes to simplifications for the mediumterm inflation outlook. Christine lagarde, president , speaking earlier and joining us now. Christine lagarde basically indicates it is ok until there is an impact on inflation. Three ways the ecb can talk a...

The forecast was 50 4. 8. 67. 6,ders up strongly, point three. 63 the one disappointment, and this is been true throughout the crisis, employment does rise but it is still negative already 6. 4 46. 4. The numbers are better than expected for most of the pmi but in the case of the headline and the new orders numbers, they are up big. That should be good news for the overall economy it will probably lead into some strengthening about what is happening with employment. Alix if you look at eurodolla...

Poisoning. Lets get to the first word news with leighann gerrans. Shows joe a new poll biden has a doubledigit lead over President Trump. Ae democratic nominee has 5242 advantage. Meanwhile, the survey also says in theden has a 6 lead battleground state wisconsin. In germany, chancellor Angela Merkel is now ready to link the nord stream 2 gas pipeline the poisoning of a russian dissident. Merkel, whoift for said that the russian backed pipeline should be completed and remains a separate issue. T...

That is a big headache for the ecb that meets next week. Alix one of the worst performing currencies in march. Scarlet is here to look at those. Scarlet a new trend. Alix that is me. Thelet i was hoping for return of summer. Weakness in the u. S. Dollar is index felle bluebird fiverounding up straight months of losses. When you look at who performed better versus the dollar everyone except brazil. Commodity currencies for the biggest gainers. Down 6. 3 rial is down 6. 3 . A note published today ...

Level with the stock down on euro strength adding into the downside for the European Equity markets. We are also seeing weakness when it comes to the cable rates. Not surprising after the war of words that broke out between the european commissioner and the u. K. Government earlier on today. Now, 120 862. 128 point 62. Today we are giving back a little bit of ground. Alix breaking news out of the european commission, the u. K. Has seriously damaged trust and has until the end of the month to ame...

Bloomberg surveillance. Im tom keene in new york. Guy johnson in for Francine Lacqua in london. Monthsin to the summer in august. I look at the newspapers in the United Kingdom and it is sort of a soup of distractions right now. Inme and update on the virus the United Kingdom, because the statistics i look at are actually pretty good. Guy . They are pretty good, tom, and there are large parts of the country where people are talking about the fact that we may have achieved herd immunity. You list...

Dividend plans. Welcome to surveillance. Im yousef gamal eldin. We have a situation. The countdown of the trade deal between u. S. And china is being factored in the wider picture. The stoxx 600 is up three tens of 1 , traders looking at two more stimulus measures. The president s actions appears to have bought enough time to get people back to the negotiating table, slightly risk on. Thats getting reflected in the brent crude trade, just below the 45 a barrel handle. We are snapping a today los...