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Yesterday, where you saw Peaceful Protesters essentially pushed out of the way by police using tear gas and stun grenades, and there has also been, by the way, a significant targeting of journalists by the police in the United States in these protests, as well, you should say, as some looting. Yvonne that is right. Close to two weeks of this now, and when it comes to the markets, they continue to avoid or shrug off the risk the rcn, whether it is the u. S. Protests or the geopolitical issues. Another day of gains in the asia pacific, up the past seven of eight trading days. Now, there are signs of overheating, the asian stocks the most expensive in 10 years, and just watching the msc i, one point now, jakarta just coming online watching the msci, 1. 3 now, and we are bracing for a cyclone to hit mumbai. It could be the biggest storm in a decade, and flights are canceled. ....
This is bloomberg daybreak europe. Im lizzy burden in london. Fitch stripped the u. S. Of its aaa Credit Rating citing deficits and an erosion of governance. Mobile equities sell off treasury secretary janet yellen blast the surprise decision calling arbitrary and outdated. Plus, donald trump charged. The former president is indicted over his efforts to overturn the 2020 president ial election. Charges he has repeatedly denied. We will bring you all the details. Good morning and welcome to wednesday. You might have as but of deja vu. Remember 2011 one s p downgraded the u. S. And triggered a selloff in risk assets around the world. It somewhat ironically boosted treasuries as investors sought out haven assets. Fitch as downgraded the u. S. For the First Time Since 1994, you will see that initially pushed treasuries higher before the move stabilized moving the two down a basi ....
What here we go back to the new normal each as the torrential rains continue to wreak havoc on life in texas, after opening down big, i mean like big, horrible the averages had a huge turn, with the dow bouncing almost nearly 200 points, closing up 57 points s p gained and nasdaq climbed 0. 3 it was quite a turn around that could have some follow through so whats the new normal that drove todays action, including the intraday comeback. Americas not the worlds policemen any more sure, an attack on japan is like an attack on us. But if north korea ever sends a missile at japan instead over it, that missile needs to be headed off the question here is who pays for the Patriot Missile system the answer, trumps views on Foreign Policy is easy you can expect japan to pay and theyll be buying the missiles from raytheon. I know the rally seems long in the tooth, from lockheed to the ....
And russia say they are in favor of extending an output cut into next year. Oil jumps to its highest level in two weeks. How far could a Short Covering rally take crude . We will talk about that in a moment. And europes new power couple. After a big win for merkel in the key state of north rhinewestphalia, how will macron and merkel reshape the eu . They meet in berlin later today, matt. Matt thats right. Expecting that meeting around. Oon, so six hours from now we are less than a halfhour from the european open. Bureau stocks euro stocks rising a quarter percent. Cac futures, looks like a risk on day. Investors are selling off bunds. I have a threeday chart, lets move it to one day so you can see the price action. You could see some volatility there, but yields are still up 0. 4 . Right now, to. 0 guy what do you make of the win for merkel . North rhinewestphalia is big, and she took it big. Is it in the bag, when we get to the c ....