Also in the green again just under 3 percent for the week the market is reacting to hopes of some future stimulus in south africa the all sure was a roller coaster this week it actually ended up on a stronger rand even as new data did show that the economy was already contracting prior to the pandemic and lets move over to european markets we have some a little bit of a mix here the footsie 100 finished down for the week as concerns over coronavirus started to grow in the country starts to lift more restrict restrictions well the french cac and german dax are in the green for the week as well both fell slightly on friday over the pandemic but positive Economic Data really helped to maintain some of those gains and lets move across the atlantic to brazil where the evil best buy is in the green the end x. Gained 31 percent in the 2nd quarter of this year but its still down about 20 percent from year to date these are from highs seen at the. End of january the b. M. V. In mexico also mana
Also in the green again just under 3 percent for the week the market is reacting to hopes of some future stimulus in south africa the all sure was a roller coaster this week it actually ended up on a stronger rand even as new data did show that the economy was already contracting prior to the pandemic and lets move over to european markets we have some a little bit of a mix here the footsie 100 finished down for the week as concerns over coronavirus started to grow in the country starts to lift more restrict restrictions well the french cac and german dax are in the green for the week as well both fell slightly on friday over the pandemic but positive Economic Data really helped to maintain some of those gains and lets move across the atlantic to brazil where the evil best is in the green the end gained 31 percent in the 2nd quarter of this year but its still down about 20 percent from year to date these are from highs seen at the end of january the b. M. V. In mexico. Also managed to
The week the ruble had struggled in recent weeks as oil prices fluctuated but following the constitutional reform this week the countrys currency strengthened against the dollar its looking ahead now russias alfa bank warned that the u. S. Could play sanctions on russia if the report regarding bounties on u. S. Soldiers is confirmed and lets move over to asian markets where the shanghai composite is up on the week its hitting new 52. 00 week highs the composite gained 2 percent on friday alone after positive data showed increased prospects of economic recovery after the pandemic in hong kong the hong saying also up this week with 3 percent gains on thursday this is after promising news regarding a possible vaccine friday saw gains due to positive Economic Data and even a better than expected jobs report out of the us now some of the biggest winners this week for hong kong were the Hong Kong Exchanges and a clearing ltd and tech giant 10 percent which both hit the 52 week highs. Pans ni
Peter navarro meant to say on fox last night. There was a little confusion. I think that he was pretty definitive to say it was dead, the president was pretty definitive in saying the trade deal is on who would ever think that this would happen, good news out of europe, pmis are strong, they are inflating things in their economy like we are. I also think there might have been a short squeeze those of us who watched when navarro said what he said the market plummeted and i think overnight traders said its going to open down badly im going to get short and they got whipsawed because you didnt think navarro could be reversed as quickly as he was given the fact he is a close confidant of the president. Almost exactly what art cashin is saying this morning. Whipsaw resulted in a good deal of short covering. He says the bulls may now reassert control he says they need to take the dow up by more than 450. The bulls are when you watch the market ahead of time you see so many stocks going up fo
Public health among other initiatives. The u. S. Chamber foundation has a deep relationship with the Gates Foundation. For more than a decade, weve worked together op both k through 12 and post secondary education reform and we value their partnership and were very pleased to have bill and Melinda Gates with us here today. As youve likely seen a few years ago, bill brought attention to the risk of a Global Pandemic. Sadly, his warning is a reality. The good news is he and melinda have committed themselves and their organization to finding a solution and that gives us all a sense of hope. The bill and Melinda Gates foundation have committed more than 300 million to the global covid19 response. Were so grateful to their leadership during this trying moment and are excited to talk to them today. This episode was prerecorded to fit their busy schedule toe there wont be audience questions at the end of the time, but theres a lot that we get to talk about, so lets get to it. Well, thank you