Record Software News Today

Zealand is set for a shallower recession than previous years. The pandemic may have a lingering impact when it comes to government expenses. We bring you the numbers breaking this hour. Lets get you started with our lets get you started with a quick check of our markets trading at this hour. We had a mixed finish. Stocks, in fact, fell, erasing earlier gains after that selloff intensified. Tech fed chair powell not sure if this economic recovery will continue, that really dampening the moon. Tec...

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 litt...

A lot of the focus has been on what mr. Powell said yesterday and what we heard from the fed. We are seeing a bit of Movement Across the board. If you look at some of the european stocks, they are actually retreating after jay powell highlighted uncertainty about the economic rebound. We sought asian shares falling the most in a week. Treasury yields, that curve steepening slightly on wednesday after mr. Powell stopped short of offering specifics on the feds approach to the monthly bond purchase...

Boris johnson concedes a veto to parliament over his plan to illegally override the brexit treaty. Slumped after accusations of fraud by a short seller. The selloff deepens even if the company rejects the report. Good morning. Welcome to the program. Lets get to breaking news across the bloomberg. Capex andto go to the eu car sales. European collar sales falling 17. 6 in august after a 3. 7 drop in july. This is the story that we are essentially tracking. Europes car sales setback stoke fears ov...

You can see the mountains and the sky. I love the blue sky. Steve, says its going to be sunny after some of the clouds go away. It looks like theyve already gone away in san jose. One direction fans celebrating the 10th anniversary of when the boy band was formed. We have one person in the newsroom who is all fired up about this. Some other people are too. They have gone on to solo careers. You know that you know one direction. They launched an anniversary website with interactive playlist and m...

And amazon tops 1000. Stocks up 50 and on course for a 1 trillion sale tag. 1 trillion in sales. Yvonne a trillion dollar company, yvonne. Speaking of trillions, we saw on interesting reaction in the bond markets. Again, another day where yields the house and Senate Finally passed a tax reform package. Theaps all of this by on rumor in salem the news is affecting not only equities, but also the bond markets as well. Yvonne yes. Callsall of the extreme for yield curves to flatten, it seems like w...

The beast. And you cant give it the same menu every day cant eat the gruel it devoured the day before to keep breaking records. Dow, gaining 152, s p climbing. 4 nasdaq. 18 . This manages to feed the beast every day and gives monster that is this market the wellbalanced diet it needs to keep roaring. What do i mean when i say this rare carnivorous bull is getting a wellbalanced diet lately had a big run in select gruchz industrials, heavy machineries, conglomerates, aerospace, transports. But be...

Largely at a standstill . Forill head live to milan an interview with vittorio grilli. Taylor riggs is with us to explain whats moving. Taylor we were down a bit, we had big gains yesterday on the s p and nasdaq and today coming off the tax form proposals, taking a bit of a breather. Taking a step back to say how will we get this enacted, is it just the opening argument, when will the lobbying efforts start . I want to stick with tax reform. Come with me to my terminal. We have been talking a lo...

About the selloff in treasuries. One of the underperformers in germany 50 basis points. We made it. David we will get a range of u. S. Economic data at 8 30 a. M. Eastern time, including core pce and Second Quarter gdp. The Kansas City Fed president at 9 45 this morning. Will speake chairman 15 minutes later at a conference in london. At 1 00 this afternoon, the u. S. Treasury will sell off 28 billion in 10 year notes. Emma President Donald Trump kicked up his campaign to cut tax rates for corpo...

Trump waving cargo restrictions to help speed aid to the hurricane ravaged puerto rico. He has ordered the jones act waived for shipments to the island. The waiver will be in effect for 10 days and cover all products being shipped to puerto rico. It is a maritime law of acquiring shipments of good between two you a sports to be made with American Flag vessels manned by american cruise. Tokey is warning citizens leave the autonomous kurdish reason region in iraq before it cancels flights in the a...