Was able to get here. We think the local officials for joining us today they have been very busy. We want to acknowledge that five years ago today a white supremacist walked into Mother Emmanuel Church in Charleston South Carolina and slaughtered a friend of mine and eight other parishioners. It was hate unbridled and a poisonous expression of White Supremacy that still affects our nation in many institutions. With the dangers we face as a society if we dont root out this corrosive and that the ideology. Reflecting back on the Amazing Grace and compassion and forgiveness of the mother emmanuel community, i see the very best of what we see in america and as americans. We know grace alone is not enough and we have to see the best of america as well and in the weeks of peaceful protest civil lacks are taking place in this day in every other state across the country they are focused on how danger it is to live as a black around skinned person in this country. Americans are out there watchi
Good afternoon everyone. We want to make sure everyone was able to get here. We think the local officials for joining us today they have been very busy. We want to acknowledge that five years ago today a white supremacist walked into Mother Emmanuel Church in Charleston South Carolina and slaughtered a friend of mine and eight other parishioners. It was hate unbridled and a poisonous expression of White Supremacy that still affects our nation in many institutions. With the dangers we face as a society if we dont root out this corrosive and that the ideology. Reflecting back on the Amazing Grace and compassion and forgiveness of the mother emmanuel community, i see the very best of what we see in america and as americans. We know grace alone is not enough and we have to see the best of america as well and in the weeks of peaceful protest civil lacks are taking place in this day in every other state across the country they are focused on how danger it is to live as a black around skinned
Session here. We are seeing korean stocks up, some 4 . This has certainly been a shift in the risk on sentiment we are seeing. The concerns over the waves are being brushed aside. Across assetsg here. When it comes to your bond, we are seeing yield ticking higher. 73 basis points for your u. S. Tenyear. We saw a rise but it is petering off. Did selloff overnight. Take a look at currencies, the dollar dropped will be the key story here. That is living these markets here today. As aen has been steady rock here. Despite the volatility we have seen. That should give some breathing room for the boj. Perhaps they are likely to sit tight when it comes to policy levers but look for hints on what they do with the Corporate Funding program. Youre seeing that dollar is really trickling through here. The taiwanese dollar is blaring green here today. We are up a third of 1 . The korean won strengthening. 7 . Mmb is unchanged. There has been a sense that the feds have the markets back. Letting the C
And astrazeneca is said to have made a preliminary approach to gilead. A merger between the two would be the biggest deal ever in the sector. It has just gone see it 6 00 a. M. In london. Nejra, welcome back. You went away and you unleashed the burn. I know you are excited. Curvee never far from a steepener. Bondthis momentum in the market be a repricing or is there a risk from jay powell to the bond market . A few bonds at 1 . The older you get, the more enticing 1 looks. Good morning. Bears were really on a tear. Curve is the steepest in more than three years. It is good to be back. Last week was a memorable week. Was it really a turning point for risk assets . That is the question. How high will the hurdles be this week . The ecb went above and beyond last week. Can we expect much from the fed this week . Futures are positive in the u. S. European futures are looking a little negative. Eighth day ofits declines. A lot of that has to do with the euro strength. We have pulled back fro
Let me first say want to thank the chairwoman and ranked member mchenry and my colleagues and Ranking Members of the subcommittee and all my other colleagues for their participation in todays discussion on the update for prudential regulators that this is a timely amid the health care and economic devastation of the covid19 pandemic. In queens and other parts of new york city theyve been very hard hit. Plaintiffs suffered more cases more death than most states in the country. When amid the health care crises millions have lost their jobs and lost income compound in the Economic Impact but thanks to the doddfrank wall street reform and their implementation in the decades that followed the financial crisis the Banking Sector has emerged in a bright spot to buffer the initial impact of the crises and restructured mortgages and loans. I have had serious concerns about the implementation of the program in the road some of the banks in privatizing small distances and minority come into that