Demands for better quality and safer food. We will be live in singapore a little later for the noble groups fight for its life. U. S. , thee in the fallout from the Trump Administration budget for 2018 fiscal. Released hours ago. Going through the mile high stack of papers. I am betty liu. It is just after 7 00 p. M. Yvonne is just after 7 00 a. M. Banks mentioned, central are going to be a key focus. Mario draghi speaking in madrid later today. Weighing inid, on boj policy with governor kuroda. Plus, an exclusive interview in 10 minutes. Betty we had that news yesterday, june 20 will be the day we will hear the announcements on who will be let into the index. Shares, a multiple shared to get them into the index. This june 20 going to be the day that finally happens . It does, what does that mean for the world of global finance. You have Pension Funds all over the world now looking at china a shares, and having to weigh them, which is going to be a different world. We are going to be a
Business confidence is plunging. Haidi more disappointing news from the factory floor and japan , machine orders slumping, Producer Prices staying flat. Rishaad the long and short of it, hong kong stocks being targeted by skeptical researchers. Of course all this Political Drama, the British Election, james comey and his testimony to congress. Having a look at gold. Start toshed in and buy gold at times like this as a haven play. This is 502, a look at the last three weeks. Have had three weeks of gold prices falling. Never mind if you look at gold in sterling terms, but gold is priced in dollars. We could be heading for a negative fourth week third week for gold as well. Haidi thats right. You mentioned that excellent point about gold being a currency play. You look at this chart. It is showing that correlation of the prices metal priced in sterling gaining 2. 2 after that calamitous result in the u. K. Of election. That is very much isolated when it comes to bullion nominated in ster
Energy contract has not been destruck ted by the boycott. Theres no interruption at all. We have flow of gas and oil going all the way to our client, no interruption. And in another cnbc exclues if, ermotti says investors are looking for sustained period of calm before they take out money from cash reserves geopolitical front is, you know, quite a warning in respect to whats going on almost every day, so investors are really fundamentally touched by all those, and need to see prolonged and stable pattern Going Forward. There are a lot of green tiles today on this screen european markets off to a positive start this week stock europe 600 is tracking up over a third of 1 today seen some gains from friday when we had solid job numbers lets look at whats happening in individual european indexes it is around a third percent the italian ftse up by a half so far today lets look at what sectors drive the gains this morning we see real estate is in the lead almost up by just over sixtenths perc
Can see a nine point swing. That is the narrowest so far. Tracey through this chalk this up to narrow taking . Joe there was the apple event, even apple went nowhere fast. If you take a look at the stock, it was around a threemonth high with an onset for the biggest monthly gain since 2013. The event was underwhelming, it was a rumor already sold type of thing. I should point out that since 2011, apple stocks gained an 1. 5 one month after a product launched, and 10 months later down to 1. 8 areas downplayedere may be reaction. Tracey treasuries were down, and we saw Something Interesting in the inflation as measured by the 10 year breaking been even. Lots people talking about inflation, possibly because we saw Central Banks speak. We saw jeffrey lacher talking about potential Interest Rate rises today. Alix we could see rate increases as early as april. That was a little aggressive. Tracey it is still interesting on the back of the dumbest statement from the fed last week. Lets sic a
Good afternoon, and welcome to the Cato Institute. I am the Vice President here at cato and publisher. I would hardly like to thank you for coming here today off our viewers online and being broadcast by cspan, you may not know, unexpectedly the washington subway system, the metro was closed today. The people that have joined this year amid a great effort to your something about this book, lessons and censorship. The topic of our book form today. Another thing that can be said command we chose today for this particular book and the reason is, the 265th birthday of a man named James Madison. As it happens, James Madison wrote the First Amendment because he wrote the 1st ten that were introduced into congress and was beyond that more than just the author of them what a person who wrote them committee was also a strong defender and believed hardly in the. I would say also that in part of that, the First Amendment center valuable institute here in washington has designated his Birthday Nat