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Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restrictions shut out consumers. The aussie dollar against its u. S. Peers. Theres a new warning about the u....

The forecast was 50 4. 8. 67. 6,ders up strongly, point three. 63 the one disappointment, and this is been true throughout the crisis, employment does rise but it is still negative already 6. 4 46. 4. The numbers are better than expected for most of the pmi but in the case of the headline and the new orders numbers, they are up big. That should be good news for the overall economy it will probably lead into some strengthening about what is happening with employment. Alix if you look at eurodollar you are seeing it take a leg lower. Either way, the dollar is getting a slight bid there. What are...

The dollar index just below 97. Crude oil rallying 2 today on stocks going higher. 87. Arrel of wti 37. Lets get more on the markets. Scarlet fu is with us. Scarlet jay powell testifying before congress for two days of discussion, stuck with his message that the economys path is uncertain. We have seen indexes come off of line isghs but the positive. You look at the industry groups, 20 groups are higher. Within the dow, 29 out of the 30 names are up. In terms of leaders, caterpillar, boeing. The white house is preparing a 1 trillion infrastructure proposal. Up 4 frastructure etf right now refl...

Its 1400 hours g. M. T. 9 am in washington d. C. Where members of the u. S. House of representatives are convening for a debates and vote thats all but certain to end with the impeachment of President Donald Trump and thats because trumps opponents in the Democratic Party have a majority in that chamber of congress he then faces a trial in the other chamber of the senates where his Republican Party holds power and there are 2 thirds of senators would be required to vote in favor of her moving him from Office Highly unlikely as things stand and trump has again lashed out at the democrats the sc...

Businesses. Mass strikes and protests against Pension Reforms take a violent turn in paris and other french cities. And as the world focuses on a Measles Outbreak in some of the World Health Organization warns the problem is far bigger than most people understand. Donald trump will become just the 4th u. S. President to face formal impeachment charges House Speaker nancy pelosi says he abused his power by withholding military aid to pressure ukraine into investigating democratic rival joe biden a vote is expected in the next couple of weeks setting up a fight in the senate on whether to remove...