The dollar gaining some ground after paring losses after that meeting. Fx sellinging asia off, especially the renminbi after reaching may 2019 highs. There are signs perhaps the currency is being overbought. Expecting boj, boe, and Bank Indonesia today. Those currencies and focus. Watching the bond market as well put it did not get adjustments on qe from the fed. We saw the 10 and 30 yield spike coming off a little now but that did lead to earlier the yield curve steepening and coming off a little. We are watching brent crude as well as wti. Also saw off some of the highs we saw overnight. There is optimism for demand but that is also losing some of those gains right now. Tom lets get you up to speed with some of the first word News Headlines and other stories. President trump says a Coronavirus Vaccine could be just tribute it widely as early as october, contradicting statements by some of his top health officials. The head of the centers for Disease Control and prevention told a Sena
We will be live in zurich assessing the credibility of that news. This story has been knocking around for quite some time. At some point hopefully it does go somewhere. Lets talk about where we are with markets. Markets getting attraction on the others of the pond. In europe we are barely making any ground. The british pound has been battered over the past few days. Maybe a pause before we see the fireworks return from the brexit debate. We also have the bank of england on thursday. There was a significant downgraded by moodys of turkey late last week on friday. The payments crisis is what the Payments Company is talking Credit Company is talking about and we are continuing to see stress in the system surrounding turkey. The lira fairly flat. More, kaylee, about the u. K. More insight on the debate over Boris Johnsons plan to rewrite the brexit debord divorce deal. As the market appropriately pricing and or does it need to reprice in the near future the risk of a no deal brexit . Bhanu
News agency says explosion was heard and smoke was seen rising from the joint Industrial Complex in kaesong. Iit was oopened in 2018 after t two countries agreed to work to denuclearize the Korean Peninsula. Its the first facility where officials from each side could contact each other 24 h hours a day. The blast comes days aftter norh Korean Leader kim jonguns younger sister threatened to demolish the office. She also criticized seeoul for allowing north korean defectors to send leaflets across the border on may 31st. Japans chief cabinet secretary says officials are closely watching events on the peninsula. Translator japan is working closely with the United States and south korea to gather, to monitor and to analyze the current security situation. South koreas president ial office convened a National Security meeting to discuss how to respond. Chinese authorities have confirmed more than 100 coronavirus cases in beijing over the past five days. The development is raising coconcerns
Intentional. Sending a message, xi jinping strengthens ties with north korea. Kathleen u. S. Stock market. Lets take a look exactly at what happened. Setting us up for the asian open. A rally. You can see the Dow Jones Industrial the s p 500, the nasdaq, across the board, up almost one full point. The s p did have a closing high. A record. Sincecond alltime record that last happened in april. That is all good. You can see the futures are pointing a bit lower. It is not a big decline, but after such a run, a small rally yesterday, after the Federal Reserve announced its policy decision not to change rates but to open the door to lower rates, the rally and this seems now it really like maybe people are just going to sit back and pods. Same thing in the bottom market and pause. Same thing in the on the market. It was bond market. It was dipping low. It is still very low. You can see that just a few days ago, we were up over 2. 04 . This has been a mighty rally. Central banks are getting r
To rush through controversial changes to extradition rules. Fleeing persecution ethnic minorities leaving china to struggle to navigate through a reluctant government in kazakhstan. With the sports is the former head of the european football Michel Platini is taken in for questioning by police over the awarding of the 2022 world cup. So that egypts only democratically elected president Mohamed Morsi has been buried at a cemetery in car as the day after he died in court these pictures were taken there by Security Forces kept journalists away from the Burial Service morsi son says they also refused to allow his father to be buried in his hometown. Takes us through reaction to his death which Rights Groups blame on years the pool prison conditions. A death that human rights activists have called tragic but predictable and what former egyptian president Mohamed Morsy supporters say is a model 17 june 2900. 00 morsi appeared in court for a trial on charges of espionage he asked a judge if y