The bill awaits signoff from the president. Akron turns up the heat. France threatens to veto a brexit deal if it does not like the terms, piling pressure on the e. U. Not to make further concessions. Welcome to the program, everybody. 7 00 in london. 8 00 in paris. Lets look at the futures. We are fairly flat on futures. The young stock x50 futures flat. Yesterday, we saw some decent gains for the ftse, up by more than 1 and that was a standout compared to the rest of europe which was more mixed. It was mixed in the u. S. Session as well. We did actually see a bit of a late rally in u. S. Equity trading, up to some of those new highs we were talking about in headlines. All of that in the context of the hopes and dreams around u. S. Stimulus. The concern about what can legitimately be done in the shortterm and a lot of hope around vaccines. Perhaps oncent day some parts of the equities space and a late rally in the u. S. Yesterday and we are now pausing. We are pausing somewhat here. W
Came on our air and said they were bullish, in part because everyone is so bearish each one took turns explaining how those bears would turn into bulls, propelling stocks higher. Buy, buy, buy. Just one little problem when one strategist says everyones bearish, thats a listen up moment when two strategists say everyones bearish, you might get a little suspicious. When three bigshot strategists say everyone is bearish, you got to figure the consensus is wrong. We dont have too many bears we have too many bulls and maybe thats why the averages rolled over today with the dow tumbling 317 points, s p sinking 1 , and, by the way, things were a lot uglier for the dow in the early afternoon you see when most investors are bullish it means there is no one left to buy. They have plenty of facts on their sides. Everything from low Interest Rates, massive earnings, liquidity, i would let any of them manage my money if i were allowed to have money managed. Unfortunately, these positives have a whi
Minutes. We will be talking about the banking space in china and what worstCase Scenarios might look like. On the back of discussion on how they deal with local government finance. It is part of unlocking the narrative in china. Session highs on the benchmark, should be day number seven. That should be the longest in about seven months. 171 right now, we are breaking above the key that should be the top end of the range. 4649 the hstech index. This rally certainly continues the risk on mood. More earnings and more bank decisions. Rishaad just under two point five hours before we get the latest rba decision. Overall, it is this rally we are talking about and it has been predicated upon the hope of stimulus, the announcement of stimulus moves. Michael says there is very little in this. He sexually not deep enough essentially not deep enough. Not giving any real practical moves to do so in terms of fiscal space and that what really needs to happen is disposable income needs to go up which
, are offered in this hall. More than 3 million liters of solvent types are offered. The International Hall also witnessed the supply of 32 thousand tons of natural gas and more than 10 thousand cubic meters of solvent. On saturday, 13 types of Energy Carriers worth more than 178 billion tomans were sold. Stock market index in saturday trading. With an increase of about 1,400 a unit ended and reached the level of 2 million 24 thousand units. However, the value and volume of stock market transactions are still low compared to the average at the beginning of the year. The main representative of the stock market ended saturdays trading with a positive return of 700 and increased by 1,429 points to reach 2,499,720 points. The equal weight index stood at 6885 units with a positive return of 48 percent equal to 3268 units. On this day, the stock market witnessed the exchange of more than 5 billion 15 million shares and financial bonds in 21,000 times with a value of more than 4 thousand bill
You. Futures are up after closing at a record high. Treasuries are up despite decent data. 221 is your yield on the 10 year. Up, jobs friday in the trade balance for april. Philadelphia fed president talks on the economy. Robert kaplan takes questions and luncheon in texas. Baker hughes rig count, we are looking at oil, its getting hammered. Its going to be brutal to watch that cap. David President Trump has decided to withdraw from the paris accords. The reaction worldwide was immediate, even from prominent ceos who turned to the president s favorite means of munication. Climate changeed is real, leaving paris is not good. Bob eiger followed soon after. He resigned from the president s council. Thehead of Goldman Sachs cited to send his first tweet ever. He said its a setback for the environment and the leadership position in the world. Saidbenioff of salesforce he was deeply disappointed by the decision to withdraw. We will double our efforts to fight fight crime it change. Lets star