Big tech which could mean tariffs on french goods and services. And the u. S. Has just weeks to the task is proven near impossible. Impossible. Ear shery equity markets near record highs with the s p 500 at one point top and 3000 for the first time ever. Industrialsnd weighing on the index. The focus was entirely on chairman powells testimony in congress which suggested a july rate cut was on the table. Not to mention we got the minutes from the june meeting. That also showed a dovish turn. Followed that was factored into the markets in this session. Of course we are not done yet. Chair powell testifying again in Congress Tomorrow at the Senate Banking committee this time on thursday. And we also have the ecb minutes out not to mention u. S. Inflation numbers. For the time being, asia futures s p Futures Holding study. Lets get a check of how markets in asia are shaping up. Sophie this thursday asian stocks are eyeing modest gains after a move higher for u. S. Stocks. Broadly Holding G
Optionality. It is hard to see with the positive category is for markets today. This is bloomberg surveillance. Manus live from new york city this morning, for our audience worldwide, this is bloomberg surveillance alongside tom keene and lisa abramowicz, im jonathan ferro. Builds up, stocks down in the fx market. Tk, eurodollar, 105. Tom you go wow when you see a number move. I did a hat trick. It is wow wednesday across assets. Where do i begin . I begin with the real yield and the effect on the fx market. I never thought i would see this this quickly. Lisa are people getting a little over there skis here . There was two outcomes. Where was the base case of a consumer that was running out of money and potential for a recession . It seems to be off the table and some of the expectations even as we see signs of true weakness. Jonathan melted in terms of the objective of what this Federal Reserve is. I think we are at that point where we are starting to fully internalize this high for l
make history today in the n.f.l. and later, the game that ate the world turns 40. yeah, it s addictive. you sit there and want to play it more and more. this is the cbs weekend news. yuccas: good evening, i m jamie yuccas in los angeles. there is breaking news about the president s taxes. tonight the new york times reports it has obtained tax return data for president trump extending over two decades the paper reports it shows chronic losses and years of tax avoidance. late today the president denied the report. total fake news. no, actually i paid tax. and you ll see that as soon as my tax returns are it s under audit. they ve been under audit for a long time. yuccas: this news comes with just over a month until election day battle lines are being drawn on capitol hill over president trump s new supreme court nominee. republicans are pushing for a swift confirmation for judge amy coney barrett. joe biden calls the it an abuse of power. today the president again
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