Week, the bullish sentiment reading, the Retail Investment strategy. Many think, when they get super bullish, they will go in the right direction. Aiis going south in 2016, same in 2017. Last year, pretty correlated. Right now, pretty divergent. The bullish sentiment reading at a three year low. Some would say this is a bullish sign for stocks for the rest of the fourth quarter. Metal ive got the palladium on the mind. Offing a high today writing safe haven demand. China wants more talks before president xi agrees to sign phase one of trade deal. Worries about the tightening supply of the metal are still in play. The middle has gained more than 35 year to date. Incline since a steep drop that happens in june. Taylor we know that the treasury markets are closed today but one way we will be able to look at treasury yields is to look at the futures market. It is showing us that yields still are falling a little bit. We are down to about a 161 on the 10 year. Know it has been steepening a
Would solve so would you like the questions in that information referendums about what are the options the most that something jones and i just got an idea of us in a cell if hes if hes not sure its a chill wonderful day but on the paper he still i mean that remain just to be on. The neat shot to keep things safe and think if somebodys name on a logical basis it thank you very very much so there is this choice is coming up were going to have an election at some point soon but most of the people here think that is a secondary concern 1st of all they want to see a referendum happening or a sense for a much less get reaction now from the island in belfast force neiva i mean for 3 years now the issue of the border between Northern Ireland an island thats been ground 0 of the debates multiple multiple debates about brics it an extension. Which mr johnson doesnt want and the e. U. Doesnt really want it seems as well would that go down well in Northern Ireland. Depends who you talk to peter i
A 1000 pound brass and glass chandelier. It has seen a lot of history since Franklin Roosevelt dedicated this building. Through the decades, our Federal Reserve predecessors grappled with financial turmoil and the economys up and downs. When my colleagues and i take our places around this table, the history lends a certain formality, perhaps even stuffiness, to the proceedings. As we kick off this, the 12th of 14 fed listen events, we hope todays meeting is anything but stuffy. Candid and serious, yes, but not stuffy. The board and Federal Reserve banks have been Holding Meetings as part of our comprehensive Monetary Policy tools and communication practices. Almost all of these events have been livestreamed on the internet. The breath is unprecedented for us. It is always Good Practice for any organization to occasionally take a step back and ask if it could be doing its job more effectively. We must pose that question not just to ourselves, because congress has granted the Federal Res
With brexit continuing to be constructive, but any potential deal with the eu could be upended at home. Talks continue today in brussels. Strong countermeasures. China threatens retaliation if the u. S. Passes a bill opposing the situation in hong kong, and carrie lam had to prerecord her address after it was interrupted wise. And it gets better and better for roche, the drugmaker raising its outlook for third time as new drugs that boost sales, and we will talk to the ceo, severin hwan, about doing deals. That is at 8 00 a. M. Hello, matt. Matt about half an hour away from the european open. I am looking at the pound. We could see movement. We pretty much flatlined yesterday. There was the spike we saw at 4 00, right now hanging out just under 128. Lets take a look at futures. Kind of a mixed picture, not as red as we see in america. In europe, the dax futures are down 1 10 of 1 . Meanwhile, cac futures are showing a green arrow although unchanged, ftse futures solidly down. You see a
Powell spoke on the u. S. Economy at the top of the listening session with Community Leaders and Union Representatives at the Federal Reserve in washington, d. C. Here is a look at what he had to say. Chair powell good afternoon and welcome to the board room where members of the board of governors and president s of the banks meet eight times a year. We decide the stance of Monetary Policy. As you can see, it is a magnificent, rather formal, even imposing room with 26 foot ceilings, a monumental marble fireplace, and a 1000 pound brass and glass chandelier. It has seen a lot of history since Franklin Roosevelt dedicated the building in 1937. Reddish and American Military leaders conferred here during world war ii, and through the decades, our predecessors grappled with financial turmoil and the economys ups and downs. Places take our assigned around this table, the setting and history lends a certain stuffiness ton a the proceedings. As we kick this off, the 12th of 14 fed listen event