We have seen some push pull here. Some of that weakness still russellg with the was 2000. 8 . 10year yields continuing to rise. Breaking out of what was earlier 82month trading range between 54 and 78 basis points. Now, incredible the break and we have seen the last two days. Further weakness in the bloomberg dollar index. We are back to weakness that we have not seen since march 11. You wonder how much of that is the feds continued stimulus into the markets. I want to talk about the data that make up this morning. U. S. Jobless data showed continuing claims failed to decline again and instead rose above the forecast of 20 million, to 21. 5 million. The market is reacting to the news as a cast doubt on the hopes of a strong economic rebound. For more, we are joined by nela richardson, edward jones senior strategist. This is one of the first times for the market that it is reacting to the poor Economic Data. Been in your opinion, has driving the weakness of today after what has been a s
Some lawmakers are expected to vote against this. Not a significant number to derail it. David how many people do they need and are they sure to get it . Kevin they are helpful. In order to have the quorum, they would have to have at least more than a majority. Beyond that, many lawmakers scrambling to make the vote in time because of flights and precautions they want to take. David quite a lot of drama. Thank you so much to kevin cirilli. Lets go to monetary stimulus. We have mike mckee here. Two important interviews today. Welcome. What did you learn today . The 2alking about trillion bill. That 101 leverage and we could talk about a 6 trillion dollar bill. Both fed president s said they want the economy to come back as quickly as possible, but it could be a while. We could have some tough months ahead. If the stimulus money gets out there, it should help people and then we could see the economy return because we were strong going into it. David talk about jobless numbers, not as bad
Russia when they do between one meets putin on thursday. You know what youre describing of course is the dangerous balancing act that the put in has been playing in syria when it sat on the one hand of course he doesnt want to throw away this very carefully build relationship with syria where he invested so many years in for the last 5 years but also of course the relationship with iran is very crucial so this is this very dangerous balancing act and there has been no official statements about of course their strategy because the official line from russia maintains to be there needs to do this offensive because turkey has reached agreements they were they had promised that they would this on this what they call terrorists here and they didnt do it so assad has this right to to have this attack on the on the rebel groups and russia is basically backing him off but in the last couple of weeks there have been many meetings between turkey and russia and it hasnt been any result because rus
General election in israel can voters break months of political deadlock this time. Coronavirus continues to disrupt global sport as its now for the opening few races of the major g. P. Season has been called off in canada and thailand. Welcome to the news our turkeys president says attacks against Syrian Government forces will continue if they dont reverse their advance and province turkeys military operations ratcheted up after dozens of turkish troops were killed in an attack in the region last week but reza thurber door also says hes hoping to secure a cease fire when he meets with russian counterpart Vladimir Putin in moscow on thursday. Or to go back as you know by going to moscow on thursday we will evaluate the latest developments with mr putin there i hope to whether the cease fire is achieved or not the other necessary steps will be taken and we will come to a rapid conclusion on this matter. Our correspondent is in hatay on the turkish syria border how how should the turkish
A year. European union raises its coronavirus risk as the number of new desk and infections around the world grows. Coronavirus continues to disrupt the global sport asian football bosses hold an emergency meeting and its a known step the opening to races of the motor g. P. Season has been called off in qatar and thailand. Thank you very much for joining us turkey is vowing to keep up its attacks on Syrian Government forces trying to battle their way into it live unless they hold their vans but president says hes hopeful they can be soon a ceasefire turkey has stepped up its military operations just over the Syrian Border. After more than 30 of its troops were killed in an attack there last week earlier one is you to meet his washing counterpart Vladimir Putin in moscow on thursday where he hopes a deal can be arranged to halt the fighting grew so. Heres our system to allow it to call on russia and iran one more time we do not have any problem with you in syria but of the Syrian Govern