Stay updated with breaking news from June fomc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Republican senator inpatient as well. I cant see how we can go home failed. People we they will all have to go home at the end of the week and tell people they failed. Lisa and there is pressure from President Trump that if you dont do it, he will go at it unilaterally. You have to think that he is adding to pressure to passing this through for republicans. Also today, what am looking at, to the clock a. M. , u. S. Durable goods and factory orders. Gauge was the strongest since september 2018. Aftermarket today, disney reports earnings, expected to have a lost. But everyone looking at disney plus, what kind of traction they are getting their earnings. Did you get disney plus just to watch hamilton . Jonathan of course i did not. [laughter] lisa i am shocked. Jonathan full anyone else try to buy tiktok . Tom im glad you asked. Lets put it this way. Disney has 14 billion in cash. Billion inas 140 cash. You do the math. Jonathan i t ....
We have very weak inflation data. Euro is down versus the dollar. The pound is down versus the dollar. The dollar is strengthening and that will weigh on market sentiment. We had the biggest by germany today in at least six years. Increasing, it will be interesting how the market digests it. It comes back to this argument ultimatelyirus and you have to make a choice on that you position yourself to one of the other when it comes to the bond market. In, you kind of layer there are still trade war is happening whether it is exit or china brexit. Robert lighthizer has been speaking to the house ways and means committee. He addressed the deal between u. S. And china. It is a complicated relationship. It has gotten more complicated because of actions they have taken weaselly. Billionin place 370 worth of tariffs. I think it is a really good agreement for the u. S. And we expect it to be honored. Alix joining us for more is the National F ....
Those gains. Tesla is trading above 1000 a share for the first time. I want to point out the dollar in yields. The dollar has been a proxy for Risk Appetite and Risk Appetite is higher when it is weaker. The fact that the dollar is weaker again signals are not entirely risk off day but you have yields moving lower by about four basis points ahead of the fit decision. Are sensitive to whatever the fed says or does. Yields were moving up yesterday. Seems to have come off a little bit today. Kailey you are seeing yields move lower and the curve flatten out a bit after the dramatic steepening we had seen. The bond market will be hanging on any word the fed may say about possible curve control from economists we talked to on Bloomberg Television. It does not seem like they are expecting a lot on that yield curve control, ....
Market. Three year and 10 year bond options coming in superstrong. Watch how that winds up performing. Time now for todays top market moving news from our new york team and washington team. We want to begin with economic the u. K. Economy shrinking on the 6 in march. Predicting what could be its deepest contraction in more than three centuries. Bloombergs Michael Mckee has more. Michael ask not for whom the bell tolls. It is the u. K. This time. Just one week under lockdown was still enough for a 2 contraction during the first quarter. As you mentioned, a 6 contraction during the month of march. Britain plunging into what may be its worst depression or recession, at least, since 300 years ago. Three centuries, according to those who have been figuring out. Tourism fell by 46 , air transport down 44 . Engine ofpending, the the economy, down 1. 7 in the first quarter, the largest drop since the financial crisis. We got data from the ....