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Markets this morning, yesterday an upday. The nasdaq has seen seven straight positive sessions, the first time that happened since february of 2014. This morning we are flat as wall street awaits the jobs report. Overnight, in asia, take a look, youll see, yeah, asia was higher with japans nikkei up by almost half a percent. You saw gains of better than. 4 from the hang seng and the shanghai composite. In terms of what is happening in europe in the early hours, youll see right now things are up for most of the markets. The dax is up by half a percent. If you check out crude oil, yesterday, crude oil was higher, broke a fourday losing streak. This morning it is up another ten cents to 49. 26. The next fed meeting scheduled for june 14th and 15th. There is a small chance of a rate hike at that gathering, but the cme groups fed watch program tells us that the markets are now pricing in roughly 59 for the july fomc meeting. Well talk to says july or september. Hes sitting right there. He h ....
Talked about it. Cooler heads prevail. Probably stay in. I i dont meant to if thats the point. Many of these types of discussions Going Forward. The first crack in my opinion, in the eu and leading to many cracks down the road. Not the first crack at all. Weve had greece, potentially a vote in spain. A number of different places wherein, in fact, what most people should know, if though dont already, the eu ranks et in terms of euro skepticism. Mypoint, we know that europe san imperfect solution, that these guys are going through major issues on migration. Certainly going through issues on their various economies, but to say were going to be in this brave new world because britains gone to the polls. Think about it wait, wait. I asked a question on top and need an answer. In our out . Of course in. All right. And this poll isnt legally binding. Voted by parliament then, even on a exit, theyll be in. In with conditions no matter what ....
Live coverage starting shortly right here on cspan3. And we will let you know later at 1 00 eastern time, live coverage of remarks by the new secretary of the smithsonian institution. He will talk about his plans for the smithsonian museums at the National Press club. Watch that here live on cspan3. Tonight at 6 30, the World Affairs council will hear from pakistans ambassador to the United States on relations between the u. S. And pakistan, security and its defenses, live at 6 30 here on cspan3. While were waiting for the Financial Stability for this hearing on Financial Stability to begin, we will let you know on capitol hill also the houseworking on the visa waiver bill. Getting under way on cspan. T ....
A financial product that enables banks to shed risk from loan portfolios is gaining more popularity among lenders in the United States, with investors and lawyers devising new structures to broaden its appeal. In deals known as credit risk transfers, banks effectively buy insurance from hedge funds and other investors against the risk of losses from loans. U.S. regulatory requirements set by the Federal Reserve restrict participation from insurance companies in these deals. ....