After last years fiasco. Anna a very warm welcome. I am anna edwards. Manus i am manus cranny. Today is a little bit risque. Hasnt the tboned market that its key boots on. We are going to jackson hole. The market is getting worried about the debt ceiling. States coulde net be under pressure. What does the market do . They want their money and they wanted now. They want a premium. They want it now. They want a premium. They want their money for october and that king in the you curve is because in the yield curve is becoming more pronounced. They want a timely readdressing of the debt ceiling. Manner. A timely anna they are concerned if they do prioritize the repayments, what does that do to the other parts of this spending obligations . It would be in uncharted territory. Well discuss that later. In terms of the reaction, it was interesting when we were covering trump and everything he has to say about the wall and nafta, he didnt seem to move markets all that much. It didnt seem to mak
Be able to lift the debt ceiling in time . And countdown to the german election. With just a month to go until the vote, what is at stake . Ae ftp tells us it is wary of coalition with chancellor merkel. Have less than a halfhour to go until the open of cash trading. Maybe well get some movement on the ftse, it closed yesterday unchanged and we see futures up. 1 of 1 . Not really any moves in futures either but more than we see on the dax and dax futures unchanged. Cac futures up what one of 1 . The market is in weight and hold mode. The last couple of days waiting to see what janet yellen does. President trump maybe spooked the market into some safe haven trades yesterday. We see them coming off today. Take a look at the bunds, you yields coming back up, still miniscule levels on the german tenyear bonds at least they yields are rising investors get out of that trade. They did the same with treasuries, the yen and gold. In the safe havens and there is not a lot of action and markets a
S p climbing. 6 . These are the two most vital groups to any advance because frankly theyre the classic leaders of any advance. Theres so many Financial Institutions out there, so many Tech Companies involved in semi conductors, xhunlgs, big data. True hardware plays that its really difficult to crush the entire market when these two groups are going strong. Sometimes it helps to analyze the market as though its made up of a series of neighborhoods. Right now the socs and financial eotf are fantastic neighborhoods with sharply rising property values. When you look at the market this way its easy to see why a bad house in a terrific neighborhood can be much better than the best house in soso neighborhoods. Consider two stocks. Citi group and intel. Two stocks that seem pretty hopeless before the feds announcement yesterday which some interpreted as indicating that the relatively imminent end of the federal reserves Bond Buying Program is upon us. Then of course a rapid return to rate hi
S p climbing. 6 . These are the two most vital groups to any advance because frankly theyre the classic leaders of any advance. Theres so many Financial Institutions out there, so many Tech Companies involved in semi conductors, communication, big data. True hardware plays that its really difficult to crush the entire market when these two groups are going strong. Sometimes it helps to analyze the market as though its made up of a series of neighborhoods. Right now the socs and financial eotf are fantastic neighborhoods with sharply rising property values. When you look at the market this way its easy to see why a bad house in a terrific neighborhood can be much better than the best house in soso neighborhoods. Consider two stocks. Citigroup and intel. Two stocks that seem pretty hopeless before the feds announcement yesterday which some interpreted as indicating that the relatively imminent end of the federal reserves Bond Buying Program is upon us. Then of course a rapid return to ra
Government protests in the thai capital. Dozens are injured. This is the countrys political stalemate grinds on. Western nations welcomed the state oppositions decision to attend the upcoming peace talks and negotiations a key step in ending of them for this area. And fresh rallies in to get demonstrators in ukraine testing the limits of the countrys new controversial. As the headline star prospect of things for joining us. First explosions of Anti Government rallies in thailands capital the sunday least twenty people were wounded in the latest violence to hit bangkok as the nations increasingly volatile political crisis drags on the demonstrators are trying to overthrow Prime Minister you like shannon watt and email Upcoming Elections been called in a bid to end the deadlock was paying tax the snow looks reports now from bangkok. This is about to ellis ago it is the two grenades were thrown into the crowd of purchases made victory monument one of the central areas of the city in one o