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The dog starts nov 12th on d w. I subscribe to do you know where your books are something more in the world we may be captured for. Me books are known to. The new gets the green light for sanctions against the us ruling by the World Trade Organization was expected next up however is unclear brussels pull the trigger or seek a settlement with us in a long running dispute. I also want to show that i enough sees a light at the end of the tunnel predicting the economic damage from the crowbars pandemic will be less severe than expected. And germany will abandon coal as a power source by 2038 poor. What will take its place. Slovakia show him so you can see in berlin its good to have you with us the World Trade Organization has cleared the way for the e. U. To slap tariffs on 4000000000. 00 of u. S. Goods citing washington subsidies for plane maker boeing thats ....
John, to me the silence of this friday is the unemployment checks that will go away and the silence from washington. Jonathan i hope they are not looking at the equity market this morning. I hope they are focused on the highfrequency data and jobless claims. The recovery that we have been doing a victory lap on over the last couple of months. There will not be one this time around. Jobless claims are higher. Recovery is stalling. The economy needs more assistance. And congress is going for a long weekend. Tom so many things this morning and we will have a lot of different conversations to get you ready for the weekend. Lisa abramowicz, we all know in equities and commodities and currency, the bond market talks. It is speaking with a vengeance this morning. Lisa you are earning nothing on safe bonds. That is what this is telling you. Inflation will not take off. We are seeing record low yields. Almost back to its record low. I think you pointed to the most important yield we are looking ....
Tested. This is promising news. The production says it proves that the production does not prove that it is effective but it is certainly a step forward. The final stage of the trial is scheduled to start july 27. This data coming out in the new england journal of medicine. It appears that moderna in the lead with its vaccine candidate, producing antibodies in all 45 of the patients tested. I mentioned we are standing by for President Trump. The press conference scheduled to start any moment now. We are told that the South China Sea and ongoing relations with china will be the focus along with potentially rising cases of covid19 across the country. Meantime, taking a look at how this impacted the markets. Volatility again the word of the day. I want to bring in abigail doolittle, who has been following all of this. Abigail volatility is certainly the word of the day and rea ....
Overnight was in the belly of the curve of the fiveyear as the fed committed to keep eyeing bonds. 10 year yield is also at the lowest in a week. You see that in the aussie markets with 10 year yields down , so belowbasis points the 1 threshold. Yen. S are bid up with the it breached that 107 mark. We are still around 10693. Hong kong dollar also breached that small and. End. Very strong side of 775 7. 75. Crude continuing the climb after the u. S. Stockpile data. Highest in nearly four years. Gold futures getting a boost from the fed. Bond yields staying low. That is helping to provide this rally. Has. Haslinda expectations of a long road to recovery. Ovishost average dub signal. Our Global Economic and policy editor Kathleen Hays is here with powerful words from jerome powell. How bad is the feds you of the economy to be so dovish . It certainly has reassured investors that ....
Exchange leaving investors wondering whats happened to their money. China says that some prodemocracy activists arrested by security agents in hong kong under a new security law will be tried in its own courts the legislation came into force just hours before the city marked the 23rd anniversary of its return to chinese rule critics say deals a severe blow to the citys freedoms and shutters its status as a Major InternationalFinancial Hub for chinese legislators drafted hong kongs National Security law in secret without any input from the citys legislature and at record speed its details became known only after it was in acted well the law will punish loosely defined crimes such as subversion secession and collusion with sentences of up to life imprisonment the law also means that anybody other people in hong kon ....