Please knew your microphone. Mute your microphone. [indiscernible] we have previously provided guidance as to how this would [indiscernible] [indiscernible] cspan. Org [indiscernible] [indiscernible] thank you. I want to welcome mr. Menendez and his wife. I appreciate you taking on this post. Tonk you for taking the time talk to me last week and take the best thank you for taking the time this morning. This is the first hearing the committee has held since march the 10th. Since then, millions of americans have filed for unemployment. Nearly one point 5 million have contracted covid19 and nearly 90,000 have perished from the disease. Is work in the u. S. Senate that much more critical and we respond as we respond to this pandemic and return to the economy. Second the highestranking office and the department of energy and the department has been playing a role in helping the nation fight coronavirus. The department of energy is a scientific powerhouse. Its National Laboratories are some
This is a different world were facing. The pandemic has taken tens of thousands of americans and infected more than 1. 5 million and infected every single one. It focuses early on the security to the past few months. Including the nominee [inaudible] it is very different than my time in chairman. Those of you that are there in person and we do not we have previously provided guidance to reiterate care. The recommended social distancing. [inaudible] [inaudible] [inaudible] before he turned to the intervention i appreciate [inaudible] in the role with Energy Innovation including nuclear and Energy Efficiency renewable. We help create. That experience with the responsibilities and the decisions. Having full view of the department and everyone during this covert pandemic. [inaudible] non[inaudible] there will be situations that are uniquely situated during this pandemic. We thank you for that thank you, madam chairman and we want to thank you for holding this hearing and mr. Menendez nomin
This is a different world were facing. The pandemic has taken tens of thousands of americans and infected more than 1. 5 million and infected every single one. It focuses early on the security to the past few months. Including the nominee [inaudible] it is very different than my time in chairman. Those of you that are there in person and we do not we have previously provided guidance to reiterate care. The recommended social distancing. [inaudible] [inaudible] [inaudible] before he turned to the intervention i appreciate [inaudible] in the role with Energy Innovation including nuclear and Energy Efficiency renewable. We help create. That experience with the responsibilities and the decisions. Having full view of the department and everyone during this covert pandemic. [inaudible] non[inaudible] there will be situations that are uniquely situated during this pandemic. We thank you for that thank you, madam chairman and we want to thank you for holding this hearing and mr. Menendez nomin
For the year. 4 , at a 25 handle after saudi relaxed. The dollar index just below, weaker. In the afternoon u. S. Session, many currencies including sterling and the euro, weaker today. Deeper dive into the Market Action analysis,e equity bond market analysis, two year yield hit a record low, below 14 people flood 13. 8, into the shortterm markets, worried about the Economic Data like jobless claims. Flipside, a steepening of the yield curve. A lot of supply coming online on the long end to fund stimulus measures. Yield hit, to year the intraday record low. You mentioned the tax markets. Thes p 500 tax sector, first to turn positive yesterday for the year. I continued that continue to the day. 10 of theless than record highs going back to february, 2019. Tech continues to be the leader in this market. Individual stocks. As you focus on the latest trends, working from home, buying things online. Rising as people are buying thermal imaging systems, perhaps when people start to return to
The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t