Not just biden. Of course they are. And theres no evidence of that. But theyre going to keep trying because that is the arguments that they want to fuzzy the waters out there. Muddy the waters, not fuzzy them. Muddy the waters out there. That, by the way, is a tactic that Vladimir Putin and other authoritarian dictators use. But thats their strategic objective, to make it all seem the same. Pete there you have it. There is no evidence of any of this because i say there is no evidence of this. By the way, Vladimir Putin. And there it is. The same tired trope thats dominated the dim bulbs on the left since 2016. Its not surprising they are doing so given what has been revealed on a near daily basis. As this program briefly laid out last night, the devon archer transcript obliterates any defense joe biden and his lackeys have been offering. And, further, archer recently told Tucker Carlson the claims that biden didnt have any knowledge of his sons Business Dealings were, quote categorical
Lets quickly check on your did. We see somey where distortions are some of the key data points we need to watch out for. Risk assets seems to be taking a breather amid the further signs that chinas economy is cooling. Base metals seem to be dragging down a lot of the mining stocks. Bp and the stoxx 600 basic resources down 1. 3 . Major currencies drifting before the Rate Decision. The inflation data which is why want to show you the pound 1. 32106. And eurodollar. We will talk plenty more currencies throughout the hour, the lets get to first word news. North korea has been to use a Nuclear Weapon against japan. Agency quotednews that japans archipelago should be sunken into the sea. The japanese said that the threat was an abominable provocation. , some has blood chinese backed investors from buying a semi conductor. The fourth time in a quarter of a century that the u. S. President has stopped a foreign takeover of a firm. China says it is concerned by the move and that the u. S. Shou
We have a packed and great show for you today. We speak exquisitely to the ceo of italys biggest bank. Jeanpierre mustier. In 10 minutes from now. And in our brexit show at 9 30 a time, and another exclusive and that comes from terra firmas justin king. Breaking news out of china, on a day where we are seeing nervousness on the market spirit and this is what we are seeing on these China Foreign exchanges. For the end of june, coming in 5 trillion, below what economists were expecting. Lets check on the markets. Overall, its the selloff we were talking about yesterday that seems to be continuing. So, were seeing a little bit of a repricing on some bonds. Bund,year german yesterday at this time we were at 0. 49 , then we touched 0. 5 , 0. 57 . That means there is a little bit of a repricing, for example in the italian. You can see this index at 12. 52. Lets get the first word news. Is being seen as suspect behind the hacking of a dozen power plant. A Nuclear Facility in kansas was among
Feel about the oncoming referendum. It seems like there is some consensus. Ellen they want the uk to stay. All of them want it to stay. Germany, the biggest economy in the eu, wants them to stay. The only country where a large number of people really were not sure what they thought was poland. I cannot explain that. Lisa but it is interesting. Ellen it is interesting. In the uk the polls are looking more and more like people want to leave. It really shows that there are big differences. David the issues trade mostly . Ellen the issue is trade. Although now they have a lot of stories pointing out that the u. K. Has a lot of economic problems, but many have nothing to do with the eu. A lot of people really want out. Lisa how much of this has to do with immigration . It is a big concern that people have. When somebody comes into one country, they can go into any of them. Ellen and they are worried about jobs. Outside of the u. K. David the state camp. Ellen they want them. Lisa it will be
From pimco, head of asset allocation. We are going to now take a check 2 00. Kets at a couple of hours left in todays trading. For that we go to abigail doolittle. Lots of chinese internet stocks on the move based on actions i jp morgan. Baidu shares are down sharply, one of the worst drags on the nasdaq today. After j. P. Morgan downgraded to underweight, they say the core internet search business is under pressure as advertisers are looking to go to mobile platforms. A stock already down 10 this year. Well. Are lower as j. P. Morgan has downgraded this stock to neutral. Margins could be under pressure despite strong cash flow. Position on the sidelines or the sensel stance makes more with a 29 price target, which does suggest some upside potential. Traded, so itdaq is not influencing the index. J. P. Morgan called alibaba the chinese amazon. Com. 30 upsidere dead with a price tag it price target of more than 135. That is what is happening at the nasdaq. Doolittle at the nasdaq. Thank