On this thursday, jobless are front and center jon jon . A News Conference center. Jon a News Conference over the weekend, lisa, i love this about the great depression. That after delivering record fees worldwide for the firm. Just try to reconcile those things for us. Lisa its a boom of fees in a time of incredible uncertainty coming on the heels of fiscal stimulus and the question is how do they pair these realities . We will have more on that decision at 7 45 a. M. , i am watching it even though guy johnson calls it a snooze. Hopefully the press conference will be less of a snooze. Tom, to your point, jobless claims and retail sales are already anxious history, but we can get a sense of how much momentum there was going into this resurgence of cases in the virus. We are also getting netflix earnings after the bell. Interesting to see if some of these high flyers improve. Me you would never catch characterizing and ecb News Conference that way, would you, tom . [laughter] tom never.
This market . I mean, look, i will tell you in a month you know all we know is that the market was relatively high based on relative optimism and the optimism has been punctured. Is it terminal who knows. A mean a few weeks ago the market had a bad day on coronavirus. A monday ago it had a bad day on iran will it be long term or short . Nobody knows. People sort of throw around terms like black swan event and waiting for those types of thing to really cause a dramatic market selloff does it feel to you in your gut through all the markets you have seen that this is the kind of thing that could evolve into that as long as you use the word could. It has the potential to be that kind of thing, a catalyst. But you know, will the you know, its its on fear now you know a week ago, people were talking about containment. Now they are talking about contention now they are talking about italy, and you know, moving beyond china so i think that, you know, in one of my memos bryn knows all the memos
Turkish officers were also injured. The Vice President of research of the ministry of health and medical education announced the first rank of irans science production in the region and the 15th rank of our country in the world. According to dr. Panahi, to preserve and promote the scientific rank of the country should be supported by institutional universities and the fourth generation. Organizational universities are like this, they are the same, their research is in accordance with the organizational needs and we really like that all universities do the same thing in the ministry of health , that is, our university should become the universities of the fourth generation, it should become a social university and enter the society , in the socalled receiving society. What problems and problems does society have without it , to carry out the research according to it. The president said the normalization of relations with the zionist regime is the wish of foreigners, and the result is no
Between twoyour notes and 10year notes. Property developers getting a slight boost but that is only one bit of optimism, other symptoms and sentiment on the negative side. Taking a look at bangkok, the open for markets there, the Prime Minister talking with us exclusively and giving us growth forecast. More on that in about 12 minutes. Lets look at the bond picture. Some elevation in yields at the moment. New zealands 10 year yield unchanged but against the backdrop of vastly higher growth than had the anticipated and looking at that 30 year yield. Lets look at the thai open in bangkok. There we go. Lets look. We see the open in line with what is going on in the world. The currency trading on 36. These are lows for the currency since november last year. We have had four days of losses for that currency. Its going in the same direction as others. The struggles reflect challenges confronting fx in this part of the world because of the resurgence of the dollar and the higher treasury yiel
Annabelle we are counting down to asias major market opens. Haidi asian stocks face headwinds while treasury yields rise on the feds hawkish hold. Policymakers say one more hike this year and higher rates through 202025. A soft landing is a primary objective and i did not say otherwise. That is what we have been trying to achieve for all this time. Haidi also ahead, stellantis making a new offer to striking autoworkers even as Gms Mary Barra calls the unions demands too costly. Thailands new Prime Minister tells us he does not want to pick sides in the u. S. China rivalry. We hear from him exclusively. We have the hong kong military authority keeping its base rate unchanged at 5. 75 . Thats according to the de facto central bank page on bloomberg. We know that the official Interest Rates in hong kong move in lockstep with those of the fed as the local dollar is pegged to the u. S. Currency. When it comes to some of the concerns we have seen, hong kong traders are seeing a little more f