Page 48 - Jay Powells News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The nikkei was off by. 10. Hang seng managed to edge higher by 1 3 of a percent. Shanghai comp down. 4 of a percent. Over in europe, take a check there. We have red arrows aside from italy which is managing a. 6 percent of a gain. The dax is down by half a percent. As for treasury yields, it seems to be in focus it has been in focus as we are waiting. Fed chair jay powell might say about a potential rate cut in july the twoyear now 1. 925 . Quite a steep rise considering that the recent low is 1. 696 . 195 on a close. Amazing yields. Obviously stretched lower in trade news, top u. S. Officials...

Leaked that were very frank about his assessment of the president , and it was not very flattering. It was business as usual, but five hours later that proves not to be the case. David but President Trump really had gone after him, even calling him stupid and things like that. At the same time, the British Government backed him. But it is hard to do your job if they are not going to talk to you. Alix for sure. But also the leaking. He was supposed to report back. That was the point. In the markets, we are seeing a bond selloff headed into the fed , particularly on the long end and in europe. G...

Network Dagen Mcdowell as always, pwc partner and cfr Mitch Roschelle and lindsey bell maria markets this morning, quiet situation going do what could be fireworks in next 2 days, dow industrials down 71 points, nasdaq down 27, Federal Reserve jay powell testifying before the House Financial Services Committee Later this morning, markets are watching specifically to see if powells comments indicate signs of a future rate cut, a lot of people yesterday, Jon Hilsenrath said, well, if its not july, itll be september, lindsey, you have a lot of thoughts on this. Yeah from the testimony today and t...

For its purposes and rely on supervisory and regulatory tools, you know, to keep the Financial System resilient so youre not doing something today to help today and then its going to cause problems down the road . Youre not worry about that kind of dynamic theres very few things i dont worry about at all of course we monitor we have every quarter an extensive briefs on financial stable we have that yesterday we look at this on an ongoing basis. We have a great team we liase around the world. Were very much monitoring these things all the time, and we worry about them all the time. Were looking...

The fed gave us what we wanted, the market implodes. Dow plunging 334 points, s p plummeting and nasdaq 1. 19 down honestly, there was Nothing Shocking about fed chief jay powells statement but people dont understand how the game is played its insurance and not the start of the easing cycle. That upset everyone hoping there would be a lot of rate cuts galore including those betting the dollar would decline the fed is supposed to be cage gee about this remember the last time powell told us the longterm plans in october, the stock market crashed. Promising a series of rate hikes was a big mistak...