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 for april. Remember, the bank and the asernor more broadly seen more optimistic on the economy in the u. K. , but the bank is ready to take further action is needed to aid the economy. That is what weve got so far. Jonathan the pound filling the gap lower, turning negative by just 0. 1 against the u. S. Dollar. Get me to august for the next big bank of england sit down. We expanded qe by 100 billion. Do they have to go again . Guy the expectation is they probably do have to go again. In many way
Today. This time dow industrial rising. Nasdaq at 28. 1 . These were all miraculous record closed by the way. Where did that momentum come from momentum is a tricky thing i can tell the market is on fire because employment is red hot. We know adp, at least incredibly strong numbers the Labor Department will give us a positive non farm payroll report tomorrow. I can tell you people are buying stocks, good feelings, breaking up with u. S. And china thanks to phase one trade deal chinese seems to be placing large orders with american business, dont you think . There is just one problem. I am not buying that these i am not just pushing these medical forces i think theyre not the force of todays market momentum. Why . Well, because momentum is what happens when a stock keeps worrying for emotional reasons and not financial reasons. A stock that goes higher because buyers went in at any price, that my friend is momentum now especially i like it when stocks rally i am not a fan of momentum bu
Minor disturbance, the minor violation of the rules and regulations of the school. The minor things that in terms are included in the code of conduct, then, if you dont deal with that directly, they become much bigger and were clearly seeing that in campus after campus after campus. Neil all right. Thats a former Police Commissioner of new york and also served in that capacity in los angeles. Not too many have done that, but he says the common theme here is that once let loose, protests dont just quietly go away. They are calming down a little bit, but no guarantees this weekend. Matt finn following it. Hi, neil. Its very calm here right now, a major contrast to how this site looked over the past couple of days. You could see behind me, the police are monitoring this location here at nyu. Kind of expected to be this calm, fairly earlier in the day today, but its a much different scene just last night. Hundreds of pro Palestinian Protesters gathered right outside of nyu and made their w
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Trusted to really simplify the tax code like the president wants . Ohio congressman jim renacci on the progress, where things stand right now. Also voting underway in a dirtfilled race for virginia governor. Polls close in three short hours. We will take you live to richmond for the latest on voter turnout and what this crucial race means for both parties. President trump on his second leg of historic tour all over asia. President is in south korea right now, using very different tone in trying to coax north korea to the bargaining table. To give up its nukes. Gordon chang says it may be too soon for negotiations. He is here to tell us why. Melissa the dow closing at brand new record high in final seconds of trading. Lets go to Nicole Petallides on floor of new york stock exchange. Nicole . Dupont. Disney, cocacola, proctor gamble, helped lead the dow to lastminute gains. We had back and forth action. But this is in fact a record, it is the 58th under President Trump. It is 75th record