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Action was yesterday. 10 year yields going down the touch after yesterday selloff and yields rising yesterday the most since september. German tenyear yields continuing their assent. The selloff is the biggest since the end of june. Dollar gaining today against currencies stacking up ahead of the open. David lets find out whats happening with first word news. Emma in the u. K. , theresa may is facing questions from lawmakers in the latest eu moves on brexit. These are live pictures from the house of commons. The eu brexit negotiator says the transition will in in 2020 and says there will not be anaa la cart transition. President trump is on the verge of his first major victory in congress. Earlier today, the Senate Approved the biggest overhaul of the nations tax code. The bill must go back to the house for another vote. Budgetdemocrats invoked rules to remove minor provisions. It slashes the corporate rate from 35 to 21 . South ....
I am francine lacqua. Manus it is. I am manus cranny. First, the global standoff. Shares plunged the most since 2000 seven. Francine that european stocks are down in the red. Commodity prices sinking to a 16 year low. Rest ine will have the a moment. Lets get at the very latest in europe. Caroline, take it away. Caroline disaster is what one chief officers calling it. We are seeing a major selloff. Shanghai composite, check that out. Down 8. 5 . The worst since 2007 despite moves by the Chinese Government to stem the bloodshed. They are trying to support with pensions. The rumors are reserve ratio cut to the banks that did not materialize. Down goes asia and the affect on your. We are in correction territory. And the effect on europe. We are a bear market. If we close at this level, we will between 2 of our previous high. Not one single stock is rising. Concerned about Global ....
Looking for a closer regional ties in beijing. This is for infrastructure improvements. Dubai. Cy alloway in angie it is just past noon. And im angie lau. We are talking about how the equity market is performing tonight and noting that it is opposite day a little bit. You may have noticed yesterday, it is completely reversing yesterdays losses. Asian markets are actually gaining. One of the key factors is stanley fischer, the vicechair of the federal reserve. He is a most walking back what yellen was saying about being hot accommodative of a economy. In his point of view, it is all about Slower Growth. The Slower Growth trend caused by low productivity. There is slower labor force to growth. And higher shaveings are connected with the aging u. S. Population. And also weak investment and lower Global Growth dragging on u. S. ....
(Bloomberg) The latest GameStop Corp. frenzy has coaxed a big critic of the meme-stock craze – and a notable loser back in 2021 — off the sidelines with a new short position.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Starting to Revolt Over Steep Prices Across USAMLO Protege Sheinbaum Becomes First Female Pr ....