Sectorsre your main leading the rally today. We should mention this is unlimited volume as well. It is up 11 . In the case of the dow and s p lower than it was a day ago. Passover begins tonight. We might see limited trading. Friday is a public holiday. Monday there might be people off. Jay powell is speaking, and that might provide some catalyst for market pricing. Romaine joining us is christina from invesco. ,hen you look at these rallies it is an encouraging sign, but the market seems to be very focused on the virus data we are getting, the number of deaths and what is a decline in the number of new cases in certain regions. The market will start to focus on little less on the virus count, and focus more on the economic numbers, corporate profitability, the more traditional metrics, and is it going to matter knowing that we know it is going to be bad . Kristina that is the point you are making is right. It is going to be bad. The market is likely not to focus on it which is the rig
The twostens spread is up 31 basis today. Been a while since weve been that wide on the spread. A far cry from the negative numbers we saw earlier in the year. A little bit of weakness today for the british pound. We are waiting for Boris Johnson to speak to lawmakers in parliament. Has gotten several upgrades. There are still some analysts cautious about the fundamentals, but generally, that type of a gooddata is seen as outlook. In europe, we are seeing a mixed bag with carmakers again, kind of in trouble today. They are dragging down the dax. We also have a couple of french carmakers lower after the deal with fiat yesterday. We will get into Boris Johnsons plans in a few minutes. The stoxx europe is all told, flat. At 22 basisield points right now. That is the most positive we have seen it in negative territory for quite some months. Later this hour, we will be watching Prime Minister Boris Johnson speaking in parliament after laying out his legislative priorities earlier, with a fo
Of to a good start on this tuesday. Negative atead is 1. 51 . Apparently Phillip Morris and ultra are going to try to get back together and altria are going to try to get back together. Phillip morris is down. Europe, a nice bounce with the stoxx 600 up 6 10 of 1 . The ftse maybe the best ib themer the ftse m best performer for individual indices. Weaker by 6 10nd of 1 . In a Bloomberg Opinion piece today, former new york fed president bill dudley calling President Trumps trade war with china a manufactured disaster in the making. The question for policymakers is e policy mitigate the damage or refuse to play along . Increasing the risk of a stateion, officials could officially that the central bank wont bail out an administration that keeps making bad decisions on trade policy, making it abundantly clear that trump will own the consequent is of his actions. We are joined by Michael Mckee, and it washington, d. C. Come a trade reporter shawn donnan. Michael, this is a very interesting
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