American troops out of the region meanwhile Turkish Forces and couldnt fighters continue to battle in the border town of russell and considered a Strategic Point for both saying the hardware has more now on the fighting from the turkey syria border. The Kurdish Syrian Democratic forces are holding out. Using tunnels and trenches to mount their defense its been just over a week since the turkey led military operation began. The battle here is key if that operation is to succeed fighting has been fierce. The fighters are mainly from the syria have kurdish y p g group that make up the bulk of the s. The f. Forces turkey considers it a terrorist organization. This border town is where turkey wants to create what it calls a safe zone that will stretch 30 kilometers into syrian territory the United States which not only about the s d f and pulled its troops out of northeast syria is demanding a cease fire it has already imposed sanctions on turkey as a form of pressure but president treasure
We did get japanese factory orders which were disappointing down 7. 8 in may they were expected to fall only 5 were down full 1. 5 as you can see in hong kong a little more than that in shanghai 2. 6 . European equities are lower, down around about 0 where do we look on the screens 0. 1 there we go, down 0. 2 in france, italy holding on to slight gains we did get some better than expected german Industrial Production data up 0. 3 in may. It was expected to fall slightly treasury yields back about 2 . Similarly the german yield is back above 0, negative 0. 4 and were up 0. 23 . Deutsche bank announcing it will pull out of Global Equity scales, scale back Investment Banking and slash 18,000 jobs as part of a Global Restructuring plan you have been following this story obviously throughout the weekend. And i thought your comments earlier with dom chu were interesting. You sort of term this as ripping the band aid off. Finally. Perhaps a little too late. Finally exactly. So 18,000 had cut
Perspective. Sometimes the stock market sees a Glass Half Full other times half empty its a very rare market that looks at a half full glass and judges it to be overflowing. Thats what we had today with the dow. Nasdaq pulled 1. 13 . In the last two hours we have seen events that might give investors pause. This time this gave buyers the opportunity to get in while the getting is good. The buyers are embracing the future lets go over some some of these issues so you know what im talking about theyre calling lessing to create a rip snorting bull market first, its a very rare time, very rare occurrence when the absence of negative, however fleeting or relative creates a stampede of buying but the fact that north korea chose not to test a missile on saturday, the day of the foundation of the republic has the holidays known there came as a shock a single that we may be dealing with a bellicose leader kim jongun. The fact we can sprinkle on very little and little happens its a blind faith t
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