How about the euro, sitting at 1. 20 right now there is the yen at 108. 58 the pound, just watching that one as well. How about treasury yields. Incredible low levels for all that we are talking about in terms of the u. S. Economic impact we are going to get jobless claims thursday and we have the jobs claim friday. That is nowhere near where you would expect it to be. The dollar hit the lowest level. Gold has been on a run. Of course, the yen thats your barometer right there. The german tenure is down to 33 basis points again you had been pushing above. 4 people thought that was an important level. Now, we are back in that world where our yield is getting dragged down the gold price, 1,325 after the launch, people in japan were told to take shelter before it passed over. People got Text Messages and were broadcast i dont know if it is part of their automatic system i would be a little terrified, thats for sure. We showed the Energy Charts in there as well. Not a ton of movement in tha
Also, later we will speak to the iea about the u. S. Shale surge. Two great guests coming up in a couple seconds. European stocks are shrugging off a little bit of the declines we saw in asia. Better than expected german data, boosting sentiment there. Some of the most powerful central bankers gather in frankfurt that is definitely what we are looking up for. The Italian Economy sure, they did not qualify during the world cup, but the economy expanded better than thought. The 10 year briefly breaching 3 for the first time in 10 years. Lets get straight to the bloomberg first word news. Chief house tax writer says he has enough republican votes to pass the tax legislation this week. Kevin brady says he does not anticipate any major changes. Meanwhile, the white house says President Trump will speak about taxes thursday morning. And the house ways and Means Committee chair kevin brady joins us at six a copy of u. K. Time. Roy moore is facing a fresh allegation of sexual assault. The form
Ok, if we can ask for everyone to take their seats, our next panel will focus on the first 100 days of the new administration in congress. This is a milestone that dates back to the roosevelt era. He used the first 100 days to launch the new deal program, so the first 100 days has become a nomenclature we use. I dont know how relevant it is they are going to tell us how relevant it is. Im pleased to introduce this panel. It is a politically balanced panel and we are pleased to have david wessel moderate the panel. David of course is the director of the Hutchins Center on fiscal and Monetary Policy at brookings. After three decades at the wall street journal where he was economics editor and chair, two pulitzer prizes. David thank you for being here. , we have the president and ceo of cato, the senior fellow at the bipartisan policy center, ruth marcus, famous columnist from the Washington Post and the executive director of the independent womens forum. David and panelists, welcome. Dav
And nasdaq up by 12. This comes after a big up week for the markets where nasdaq was up 2. 3 across 6,000. Closed the week at 6,047. The dow was almost up by 2 . Closed very close to 21,000. Were going to continue to watch, as we get closer to the opening bell. Take a look at crude oil prices as well. Crude oil was down about 29 cents. The big story was it was below 50 for many days last week. This morning, its down another 16 cents to 49. 17. Let get you ready for the first trading week of may. The agenda chockfull of Economic Data and earning reports, the ism manufacturing and construction spending, tomorrow, april auto sales, Paychex Small Business jobs and wednesday, adp, Service Index and fed decision at 2 00 p. M. Eastern time. Thursday, q1 productivity and factory orders, friday, april jobs reports. As for earning, more than 100 companies in the s p 500 reporting. The big names to watch, include conocophillips, merck, apple, facebook, tesla, kellogg and cbs. More than the holdin
That shows where the Trump Administration goes in terms of the prioritizing of the threat. But also, in how to deal with it in the diplomatically effective manner. Reporter mattis is in Silicon Valley to get a look at Experimental Technology being developed in the Silicon Valley, one innovation a sea going autonomous drone that could be used to spy or track enemy movements in oceans around the world. Its developed in alameda. The Defense Innovation unit experimental helps the military find Hightech Solutions in other areas like artificial intelligence, life science, space and information technology. Innovation is actually apolitical and the whole point is that were saving lives, saving dollars and the generating a lot of and were generating a lot of great Economic Activity around the u. S. Reporter they started under the Obama Administration but received a very strong endorsement today from secretary of defense james mattis, one of the other advantages of whats going on in the building