Slightly pressured. 650 billion are wiped out in u. S. Equities in one day, yesterday. A lot of it has to do with the dollar. On track for the best week since april. That is hurting sentiment around the region. The aussie dollar is hovering around the july lows. You have more calls for a cut of the cash rate from the rba next month. We see yield heading lower in australia. 105 for yourat offshore renminbi. Slightly stronger for the pboc. Here are where yields are. 67 basis points. We continue to watch whats going on in the aussie 10 year, and the china bond inclusion could happen later on today with that ftse russell. Russell wreste. Could spur inflows into the market. We are watching commodities with the Dollar Strength. The metal is falling off. Silver, copper and aluminum taking the biggest hit in the last 24 hours. The marketre on action we are joined by our mliv strategist in singapore. Question of the day is what i want to start with. What assets suffered most from deleveraging .
Legal status under the rules of congress set in the census act of 1790. The president s decision to release this illegal memo now appears designed to inflict maximum damage to the accuracy of the ongoing 2020 census. In just two weeks, the Census Bureau will start visiting the homes of millions of people who have not yet responded to the census. The president s latest attack on immigrants could sew fear and confusion in communities across the country, and could lead many people to decide not to participate. This will hurt communities that are already undercounted, underrepresented, and underfunded. Addressing the chaos caused by the president s memo will drain valuable resources from the Census Bureau, which is already struggling to administer the 2020 census in the middle of an unprecedented pandemic. And it will further divide our country at a time when we need unity. Of course, this is not the first time that President Trump has attempted to politicize the census. For more than two
Factors we accept that Economic Cost like in high value pharmaceuticals and the margins will bear out the cost of development but right now for the Industrial Products or products for the ag sector the same costs still exist today but the margins are not there for the products. So it creates an imbalance and were seeing more capital flowing towards medical products with high margins than some of these industrial applications. Dont get me wrong, the cost will come down as technologies increase but the funding cycle we are right now with the markets being like they are impact some other than others. I seem to remember and i could be corrected later but i think senators grassley and ernest had spoken out about amino acids and other Biotech Products produced in china, many of them Food Additives and i think vitamin k and others that are necessary for the strength of our livestock, our food supply. What visibility do you have in that from the commission and what are you doing, is that accur
Van. A reminder that you can watch ashton carters confirmation hearing on cspan. Org and its also airing in its entirety in just a few minutes on cspan. Florida governor jeb bush spoke about Economic Opportunity in the United States. Mr. Bush who recently said hes thinking about a president ial run spoke at the detroit economic club. This is 45 minutes. Thank you. Leadership makes a difference. Right here in michigan we are witnessing the power of old new and creative leadership in our companies and in our cities and in our states. The alignment of these Leadership Qualities over multiple sectors has resulted in a paradigm shift of what we as michiganders believe is possible. Our nation has seen the paradigm shifts before and in 1980 our nation ushered in an era with the election of Ronald Reagan and george h. W. Bush. The power of clear and strong principled leadership infused with good well and a sense of humor that changed our nation. And across the country other states have experie
How do you see the governors race playing out in louisiana . In terms of my timeline, it will be the next few months. My wife and i continue to think about it. As we were saying earlier, i think everybody is thinking about this. Who is the next president is not as important as what the next president does. We face serious challenges. This is an election that will be a series election, not just about who can tell the best jokes or deliver the best speech. This is a consequential election about the future direction of our country. I am not just thinking about the election but the issues and giving serious thought to where our country needs to go on energy, education, Foreign Policy, health care, and a number of other areas. I strongly encourage anyone else to do that. I dont know how you get into a race this important without giving serious thought to the issues. That is part of what im doing at this time. Trust me, when i do make a decision it will not be a , secret. Im happy to tell yo