Around 0. 4 . Take a look at what is happening in the rates market. 1. 74 year yield on the 10 year. That steepening we started to get off of the fed meeting yesterday on the twos and tens continues. Still seeing some flattening and other areas of the curve right now, but you are getting some good news here. , holding aboveed the 1500 an ounce level for the second day in a row. Thank stocks over in europe are leading the charge bank stocks over in europe are leading the charge, not quite leading the charge here. Rising,bank index seeing a lot of strength despite the expectations with regard to fed rates here. A lot of folks saying things wont turn out as bad. Maybe a little bit of flight back into financials. Central bank is absently front and central, so waiting to see the impact of the feds second straight rate cut and all of those other Monetary Policy decisions weve had around the world. Weve been watching every thing from indonesia to switzerland to the bank of england. A whole ra
Today. With the exception of commodities. That is our mliv question. We will get to that later. We sought records on the dow and s p. We are continuing on the momentum here today with not that much news to trade on. Yes, the u. S. And china have risen talks. They are talking on the phones. Communications have returned. We are hearing the u. S. Is also talking more about curbs on steel when it comes to china, as well as vietnam. Still extending the tariff target list here in this part of the world. That could still be a risk when it comes to markets. Seeing the likes of asx 200 up 6 10 of 1 . We are getting close to the 1 high with sydney stocks. Look at the dollar. Interesting to know what we have seen when it comes to the thai baht, continuing its strength. We heard from the blt. Bot. Thailand officials are worried about the strength. It will be worries some whether it will continue on the reluctance to ease a little bit more. The Central Banks seem to be tilting more. Thai baht is st
Kong. The pace of tightening is critical with risks on all sides. Janet yellen does not want a boom bust economy. Rishaad correction, what connection correction . Last week was a harbinger of something, turnaround, but that does not look like the case this morning or yesterday. Lets have a look at btv 39. It feels a bit like 1999. Is it . Market bears try to draw comparisons between todays bull market and that of the late 1990s possibly are wrong, could be wrong. There is a reason behind the link being unwarranted. Market graft is alive and well. More than 70 of s p 500 members have been advancing. Research partners wrote a note on tuesday that this was not the case in 1999, when less than half of the s p 500 saw members rise. Before the crisis, 50 of stocks ended the year higher. What we have is market breadth. That could bring solace to some there. Ut there bulls out what about the situation here in hong kong . A hairs breadth away from the psychologically important 30,000 level. Let
Will determine whether the country gets a new bailout. Prime minister Alexis Tsipras is counting on members of the opposition to get the plan through. Last night the Prime Minister said he agreed to the deal only because he had a knife on my neck. The result of the euro summit and the eurogroup was the result from the pressure put on a country and on a people who have decided to go in different way. Vonnie a new report questions whether greece can deliver those Economic Reforms without debt restructuring. In china, betterthanexpected news about the economy did not boost investor confidence. The benchmark shanghai index fell. Earlier china said secondquarter gdp rose at an annual rate of 7 , which beat estimates. Chinas central bank has cut Interest Rates four time since last november. The fight over the Iranian Nuclear deal has shifted from vienna to capitol hill. Negotiators said the agreement would prevent iran from building a nuclear weapon. But hours after the announcement, House S
Hello im rob matheson this is the news hour live from doha coming up in the next sixty minutes more than a hundred People Killed and a thousand others injured and out quick on the iran iraq border. The lebanese Prime Minister speaks publicly for the First Time Since his resignation really says hes free in saudi arabia and plans to return to his country soon. A crime against humanity thats how Amnesty International describes the Syrian Governments surrender or starve campaign targeting civilians. While leaders gather in manila for the fiftieth meeting of the association of Southeast Asian nations. Efforts to turn them back or hinge or refugees are still streaming into bangladesh. And we begin with breaking news a seven point three magnitude earthquake has struck on the iran iraq border more than a hundred people have been killed a thousand others have been injured the epicenter was in iran thirty kilometers southwest of the iraqi town of shell about us reports. That quiet sunday night i