We have seen the g10 space benefiting from that, especially when it comes to the pound. There are brexit negotiations starting today in brussels. So far there is possibility of progress. It looks like we are in this seeing people are are saying this is the yen buying path of least resistance. We are looking at, when it comes to commodities, the gold futures. Right now. Silver and aluminum having a big comeback. You see brent crude hovering around 42 right now. One big interview to tell you about today. We are talking about market debuts in hong kong, gto express. Here is the bond market first. Not a lot of movement when it comes to the aussie 10 year yield. 77 basis points as people wind back the rate cuts. 3. 11 for the chinese 10 year still. This is what i was talking about. He is joining us for an exclusive interview at the bottom of this hour. A pretty stellar debut to start the week. Haslinda like you said, a lack of conviction. From get Market Analysis the asset strategist at j.
Members will appear in person and others will appear remotely via webx. Some members are appearing in person. Let me first remind everyone that pursuant to the latest guidance from the attending physician, all individuals attending the hearing in person must wear a face mask unless you are speaking. Members not wearing a face mask will not be recognized. Let me also make a few reminders for these members appearing in person. You will only see members and witnesses appearing remotely on the monitor in front of you when they are speaking in what is known as webx as active speaker view. The timer is visible in the room directly in front of you. For members appearing remotely, i know you are all familiar with webx by now, but let me remind you of a few points. First, you will be able to see each person speaking during the hearing, whether they are in person or remote, as long as you have your webx set to active speaker view. If you have any questions about this, please Contact Committee st
Continue to own the majority stake in tictac something President Trump says he does not like were looking into that from the standpoint of buy dance we dont like that ive been just conceptually i can tell you i dont like that. That has not been told to me yet that has been reported but it hasnt been told to me it could be very accurate reporting for a change so if thats the case im not going to be happy with the only this is china which i think it probably is yeah the Chinese Foreign ministry also responded to the latest reports thursday continued to label the situation as unfair. So we urge the u. S. To respect the principles of market economy and fair competition abide by International Economic and trade rules stop politicising normal economic and trade cooperation we can provide an open fair and nondiscriminatory Business Environment for Foreign Companies in the u. S. And joining us now to discuss our boom bust cohost Christine Benz swan and thank you both for being here as always k
Ceos testify on Prescription Drug pricing. Members question why the retail price of their drugs frequently increases and at a rate that far exceeds inflation among other issues. This is just under 4 hours. Welcome to the to todays hearing. Pursuant house rules, some members will appear inperson and others will appear remotely via webex. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals attending this hearing in person must wear a face mask unless they are speaking. Members who are not wearing a facemask will not be recognized. Let me also make a few reminders to those members appearing in person. You will only see members and witnesses appearing remotely on monitor in front of you when you are speaking in what is known in web ex as active speaker view. A timer is visible in the room directly in front of you. For members appearing remotely, i know you are all familiar with web ex by
Dollar lower and bonds higher. That is pushing yields down. All of this before the fomc announcement at 2 00 p. M. Fed policymakers are expected to reinforce the policy shift they rearticulated last month. And athan longer rates target of inflation slightly above 2 in perseus in pursuit of broader employment. Any news out of the meeting will be nuanced in communicating how they plan to implement the strategy. Will they spout conditions that will justify continued lower rates . Will they quantify quantitative easing . The original rationale for buying assets was to bring the market back to smooth functioning. Now it is probably to support the recovery. Is not clearit that matters because people want to know the fed has their back. Id i had fought the fed id thought the fed kind of said that last time, we have your back. What more could they say this way . The rumor there will be further enforcement of monetary policy, or is it the fact . Nerds will be looking for specific parameters on