A similar story playing out in the small caps. Is all small caps driving the rally here. The big caps still in play, but remember, we had that medicines deal with novartis, pushing Biotech Companies higher. Seeingsame time, we are the Semiconductor Type companies lift the smallcap indexes. You can dig a look at the dollar, fluctuating between , ans and losses, but overall fifth day of gains in the dollar. This will take us back to another streak we saw earlier in the month. All that talk about the dollar weakening doesnt appear to be whats happening. Even on a day when the markets are up, youre still seeing people fled back into treasuries. Guy european stocks at session highs as we head towards the close. ,ealth care the primary mover adding to the upside. We are up by just over 1 . The pound is trading higher, as you can see, by 0. 6 . We will talk about that in detail in just a moment. The lira under a bit of pressure. 400y have turned on the s Missile System in turkey. That may acc
Treasuries are up in the pound is strengthening. Eurodollar, you can see 1. 10 52. As the focus shifts to Central Banks, a lot is coming up with news this week. We also have to look at renminbi. At seven. 08 7. 08. Some breaking news, a new chief executive at the royal bank of scotland. Alison rose will start at the position from november 1. And makes her the first woman to become one of the big for the over to hong kong, thats where Amnesty International is alleging the police beat be prodemocracy protesters. They also accuse the police of committing acts that amount to torture they would not comment, but say they respect the rights of people in custody. This weekend, demonstrations are expected to continue. And allout war in the case of iran in the country, thats according to the foreign minister speaking to cnn. She denies irans involvement and says he hopes to avoid a conflict and adds iran is serious about defending itself. Benjamin netanyahus days as Prime Minister may be numbere
The offshore renminbi is trading at 7. 1704 right now, so another significant weakening. The 10 year yield in the u. S. , 1. 47 . It got as low as 1. 45 earlier in the session. The vix above 20 today. Lets get back to brexit. Prime minister Boris Johnson striking a storm of controversy with a plane to suspend parliament for five weeks. The queen has approved the suspension. Labour Party Leader Jeremy Corbyn is vowing to fight the move. When parliament does meet on his timetable next week, the first thing we will do is attempt legislation to prevent what he is doing. Secondly, we will challenge him with a motion of confidence at some point. Vonnie joining us from london is bloombergs jess shenkman. It seems like he has a lot of negative things to say, but never really has too many positive alternatives to put out there. But hes not the only one in this case. The speaker is calling this, and im quoting, a constitutional outrage. What is the likelihood that this gets stopped . Reporter yo