Change. Gold continuing to rise. Guy curve flattening a big piece of the landscape. Eurodollar spiking on the back of pmi data, i think the weakest number since 2013. I think we dont get ism until the week after next in the United States. Eurodollar with a 1. 08 handle. We just had a 1. 07 handle earlier in the session. Wasgerman tenyear significantly on offer. Pmi data out of europe much better than anticipated, so we have seen a turnaround when it comes to the german tenyear. 0. 7 s in europe down 0. 6 , depending on which market you pick. We are and again negative week in europe for equities. Vonnie coronavirus outbreak also accelerates outside of china. Japan seeing outbreaks with no direct links to china, and the preliminary markets perching markets purchasing managers indicating in february. Deputyinel is with us, cio from state street global advisors. 0. 5 thise yield down year alone. What is it telling you that the s p 500 is very close to a record, and bond yields are at recor
President xi told Secretary Blinken that china and the us should be partners rather than rivals. Mr blinken for his part raised concerns over chinas support for russia in its invasion of ukraine. He also raised what he described as chinas unfair Trade Practices in a number of Key Industries that will drive the 21st century economy. Solar panels, Electric Vehicles and the batteries that power them. China alone is producing more than 100 of Global Demand for these products, flooding markets, undermining competition, putting at Risk Livelihoods and businesses around the world. Now, this is a movie that weve seen before, and we know how it ends, with american businesses shuttered and american jobs lost. President biden will not let this happen on his watch. Lets speak now to our north America Business correspondent, erin delmore. In the background to this meeting was a warning we heard from President Biden recently that more tariffs on chinese imports could be on the way. What does this me
In the works on the back of surging copper demand. Later, the white house announces another multibillion dollar award to another giant. Its thursday, april 25th, 2024 and are you watching Worldwide Exchange. Good morning thank you to much for being with us before we get start ed, a quick news alert the Biden Administration announcing a 6. 1 billion Funding Agreement with micron under the chips and sciences act. The deal will be in support of the construction of the facilities in new york and idaho. Micron investing 125 billion into the projects. President biden will be in syracuse, new york today we will have more this later in the hour look at micron shares down over. 13 . Turning back to the trading day ahead and the check of the futures after a mixed session for stocks dow snapped the foursession win streak and you can see all three are in the red this morning nasdaq is down 1 . The s p down. 50 . You see the dow looking like it would open over 100 points lower. Of course, the big s
A palestinian teenager is killed in the occupied west bank. Hitting rock bottom, the Mining Company Anglo American announces plans to cut 85,000 jobs from its global work force. Hello there. Thank you for joining us. The United States has announced plans for an International Summit on the war in syria. It will be held in new york next week. The u. S. Secretary of state announced the meeting alongside United Nations secretary general ban kimoon in paris. We specifically talked about the process taking place now, and depending on the outcome of both the saudilead conference of the opposition, that is taking place in the next days, as well as a few other issues, its our plan to try to attend to have a meeting in new york on the 18th of december. As john kerry mentioned syria opposition groups are gathering in saudi arabia. More than a hundred delegates from dozens of rebel groups and political factions are are coming together for the summit. Which should shape the base for the talks in ne
Israeli army in the occupied west bank. And back on stage in paris, the eagles of death metal join u2 just weeks after the massacre at the paris nightclub. The United States has announced plans for an International Summit on the war in syria. Which will be held in new york next week. The u. S. Secretary of state announced the meeting alongside undersecretary general bangladesh ban kimoon in paris. We specifically talked about the process taking place now, and depending on the outcome of both the saudilead conference of the opposition that is takes place in the next days, as well as a few other issues, its our plan to try to have a meeting in new york on the 18th of december. Well, as secretary kerry mentioned there, Syrian Opposition groups are gathering in saudi arabias capitol trying to unify syrias fractured opposition. More than 100 delegates from buzzens of political groups are coming together for the summit. And this all comes as a report shows the number of foreign fighters trav