Patrick Gillespie News Today

Some lawmakers are expected to vote against this. Not a significant number to derail it. David how many people do they need and are they sure to get it . Kevin they are helpful. In order to have the quorum, they would have to have at least more than a majority. Beyond that, many lawmakers scrambling to make the vote in time because of flights and precautions they want to take. David quite a lot of drama. Thank you so much to kevin cirilli. Lets go to monetary stimulus. We have mike mckee here. T...

The reason we had this neutral trend, this sideways act and forth, for what turned them. Ullish was a higher load the buyers have more conviction on each dip. We now have the rsi coiling up out of the coil. Moreuggesting we could see strength ahead for the s p 500. One place there wasnt strength was defensive yield proxy stocks. Interestingly, a 260 million etf that focuses on defensive stocks actually rose today. It is outperforming the s p 500 by about 1 this year. It equals about 100 s p 100 ...

Pretty simple chart. All about the s p 500. So often, we talk about the wild swings, the 1 , 3 moves. Dayou can see in blue, 50 resistance level 2950. Yellow comedy 200 day at in yellow, the 200 day. We are getting a lot of intraday swings, long term, it doesnt seem like the s p is going anywhere soon. Im looking at the Ishares Semiconductor etf, which is seeing inflows even as we saw trade tensions. 250tors added about million on thursday, the largest inflow of the year, then added another 50 m...

Ed you are watching daybreak asia live from new york sydney and hong kong. Haidi counting down to asias major market opens. Paul u. S. Inflation signals complicate the fed outlook. Penciling in a first rate cut by mid 2024. Sx traders are back on the yen intervention watch. Country garden to suspend trading for monday in almost a dozen onshore bonds. Softbank reportedly in talks to buy the rest of chip designer arm from its own vision fund. Shery u. S. Futures early in the Asian Session seeing u...

Rishaad this is what it is looking like for equities. No trading in hong kong. It is a public holiday. Looking at active futures for the chinese market. Overall asia is feeling at down 3 10 of 1 . We do have many investors taking the opportunity not to go to work as is the case in hong kong where they have no choice. S p futures on the way up after the deep losses we saw in the session friday on wall street. Looking at the nikkei 225 coming off the lows of the day. Action there, political in par...

Paul good morning and welcome to daybreak australia. i am paul allen in sydney. Annabelle i am Annabelle Droulers in hong kong and we are counting down to asias major market opens. Shery good evening from bloombergs World Headquarters in new york, i am shery ahn. The top stories this hour. More humanitarian aid trickles into gaza as the death toll rises. Israel back to diplomatic efforts to get thomas to release hostages. Paul apple supplier hon hai says it is working with china following report...

Rate by one quarter of percen percentage point. Our decision reflects the progress the economy has made and is kpekexpected to make of maximum employment and price stability objectives thats signed to us booy law. We released today of principles and plans and Additional Information on the process that well follow in normalizing the size of our Balance Sheet once we determine it is appropriate to do so. I will have more to say of our Interest Rate decision and our Balance Sheet policy. First, i w...

Who was here in germany. The fbi arrested five members of that network on terrorrelated actio actions. Cnn had a chance to look at 5 500page document where amri is mentioned carrying out terror attacks. It raises the possibility that there could be more members of this network out there hiding him now. Today throughout germany we saw a number of raids, including a raid at a port in denmark. No arrests so far, though there is new evidence tying amri to the scene of the attack. His fingerprints we...

Argentine President Javier Milei is hinting at the imminent lifting of currency controls and a move towards a flexible exchange rate.