Nation, the president announcing that travel ban. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were ceded by travelers from europe. After consulting with our top Government Health professionals i have decided to take strong but necessary reactions to protect the health and wellbeing of allmericans, to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days the new rules will go into effect friday at midnight. David, jim, were going to talk about the president s address, the markets obviously today, but really quick, the fact that youre there and im here, just reflects the fact that the nature of work is changing, and will probably stay this way for some time to come yeah, it will, carl again, were splitting up our teams in case something happens at the nyc or here so we can obviously still
Tick. Is our selfhelp. Books. I. Shall a mother get beaten i applied for asylum because i didnt want to but i had to deal with that i realized that either i had to go back to syria on the war in or stay here as a refugee and as 1st thing. I hear it. Its got to weve had refugees in germany before after world war 2. Introduced to some people blamed them for everything why dont they said their spongers allowed the very same people who say that about refugees now said that about german refugees back then great. For those who like how can i help you. Were going to do how can i help you cant go not at all ok in response. To my put your finger here. Here yeah hear. Hear. Well baseball when i need that finger you know dont cut it off. Leash when you know what. It does you know i still remember your 1st birthday here. The day before on the 19th i gave a long radio interview of. Couture. Orange the kind we got to talking about my past and i grew up in nazi germany. Or denmark and the radio inter
Haidi welcome to daybreak australia. Counting down to asias makeup major market opens. Shery the top stories this hour. Treasury yields hit some of their highest levels since 2007 head of fed today. Instacart making davids cash gains on its trading day. Haidi oil prices are presenting the fed a quandary, adding to inflationary pressures. Shery indonesia ion of critical mineral trade deal with the u. S. As the green transition accelrys. We will hear from the indonesian president. We are seeing a little bit of green but not a lot of movement. We have the s p 500 down to a three week low. This on the eve of the fed rate decision. The expectation is for the fed to deliver a hawkish hold. This with the fact that we do have Higher Oil Prices, not to mention traders were watching hot canadian inflation data. For more clues of where global prices are going. Take a look at treasury yields which rose across the board. The fiveyear and 10year yields adding the highest since 2007. Youre watching w
And in company news, the situation is getting dire for a retailer, seeing credit withdrawn as an accounting scandal threatens to doom the business. That is all ahead. Julie hyman is here. It sounds like the rally is taking a pause. Julie it definitely looks like a pause. Ulie we have seen stocks bounced between gains and losses since the open of trading, and see all three major averages into the red. We have some of the interestrate sensitive sectors like utilities and Real Estate Investment trusts lower along with technology, which you can see by the decline we are seeing. We have some analyst calls from largecap stocks, apple among them. Apple getting a rare downgrade from nomura. The analyst says positives are already priced into the stock, lowering the rating to neutral. Le shares up just 0. 8 apple shares off just zero point percent. Walmart, an analyst getting ready, saying ecommerce can be a competitor to amazon. Finally, General Motors are the third in our trio of largecap stoc
The etf line after bringing it down like 50 . It was a tough quarter. The session, the stock 600 quarter as the kissed the threemonth high. 18 out of the 19 Industry Groups eighth largest drop in the dow in the green in europe. In history, it took a lot of futures are in positive territory in the u. S. Green, leading the people by surprise. You would think wall street gains in the Commodity Markets. Traders might pick up on this somehow or beeper aired. Number fallings thats what you are seeing in 60 on sunday. Numbers across the board the labor strike put at the fore especially on trading. Morgan stanley and Goldman Sachs dont have other sources of in crude, with a headline coming revenue to help them out in situations like this. Out of sundays meeting. You see the riskon in the fx market sql in the fx market Goldman Sachs always had a reputation for being smarter than everyone else and being better traders. I am curious to see whether in as well. The trading businesses, they were abl