Beijing praises the decision while President Trump says he is not a fan. A focusson says now on his cabinet lineup. And plans for structural reform. Are seeing a lot of investors sticking by the sidelines, a quiet session in the u. S. Overnight. Wall street hanging out to see what further guidance we get from the fed after their decision. A great chunk of investors will be waiting for more details as to the revamp inflation target. We are seeing futures trading flat. This after we saw u. S. Stocks rising. The s p seeing a Third Straight session of gains. For a change, we saw gains across tech, outweighing the decline we saw across financials. Treasury yields at the dollar end of the day, where they started. We are seeing the likes of the dollaryen holding steady, this as we look set to see the appointment of yoshida suda as the new japanese Prime Minister. As well as hearing more about whether we will see continuity across his cabinet appointments. We are watching at to see if another
Although probeijing officials have said we should not be too concerned, it will lead to stability in the city. 7 . Sci asia pacific down it is certainly something of a riskoff mood, following off what we saw toward the end of play on friday in the u. S. The nikkei is down more than 1 . In the mainland, you have a bit of pressure as well a despite industrial profits up 6 coming in over the weekend for the month of may. On to the next board. We will be looking at the currencies. A bit of dollar weakness. On friday it reached its highest level in four weeks, but it has since come off slightly, leading to a bit of strength for the offshore currency here in china. The korean won is up about plan to 01 . On to some of the commodities we are looking at. Wti has been under pressure as the demand story as we focus on the rate of infections, 10 million infections, 500,000 deaths, you can see that it is lower today. Gold, science that investors are preparing to cross through 1800. 0. 64 . Year yi
We are on the curve right now and do we know where we are going . Hindsight is 20 20. We never know where we are on the curve until after it has been drawn. Reporter an Infectious Disease expert at Stanford University said making any prediction about how the virus will spread in the u. S. Is difficult. Because we are actually watching several different outbreaks at once. In new rochelle new york we know that is a very specific kind of outbreak. We get may be patterned that one. That has nothing to do with what is happening in seattle or santa clara or any other place. It is really hard to scale up a model that would take into account all the different scenarios across the country. Reporter she said italy makes for a problematic comparison with the united states. While our country has lagged in testing there is encouraging evidence at our hospitals. Even with lack of testing will probably be noticing lots more people that are sick. Reporter we have not seen a dramatic or overwhelming su
And the secret service and Marshals Service requested our assistance in clearing the house. The fairfield s. W. A. T. Team arrived and evacuated the neighborhood. We also call the our Crisis Negotiations Team to attempt to call people out. We did not receive any response. Police also ordered people out of the house over a bullhorn. Come through the front door with your hands up. When that did not work, they fired tear gas. At one point, we saw a man and woman cannot together and placed in handcuffs but others came out at different times, all needed water to wash with the teargas effects but police say it is unclear if any of those who came out of the house are being charged with any crimes. We have had about 9 or 10 people come out of the house. All of those people are detained and being questioned by the secret service and the Marshals Service. 4 the investigation is continuing and neighbors are allowed back into their home and glad that this all ended peacefully. Julie . I know, rob,
Vietnam coverage lets look at futures now as we get set up 30 minutes from now for the opening trading for the week were looking for a higher open at this point after a strong week last week road map, it does start with geopolitical risks for stocks. Iran and trade remain, of course, key focus. Stocks set to open higher as you saw. The dow now on pace for its best june in 80 years. Plus, President Trumps rate rant the president calling out the fed saying it is acting like a stubborn child. In deal moves, eldorado i cs entertainment, 8. 5 billion equity val ue deal, well dig into it. We enter the final week of june, the upcoming g20 meeting, tengs between the u. S. And iran and President Trump once again criticizing the fed. This morning, a little while ago, he tweeted, despite a Federal Reserve that doesnt know what it is doing, raised rates far too fast, and did large scale tightening, 50 billion a month, were on course to have one of the best months of june in u. S. History. Think of