These are the cruise liners, the energy companies, the tourism companies, because thats whats in jeopardy. Crude is back above 50 a barrel, barely, there was a building inventory but not as much as the market was anticipating. That goldst heard futures were disappointing, we did see a big bounce but now we are pulling back. Europe, the stocks are stabilizing. Its flat today, but with decent volume. Most negative point of the day came an our into the trade, and we lifted off of that earlier. The volume is pretty good. And we are seeing the german tenyear don on offer. For the a situation loosening of the purse strings. And you are talking about the 135 on the u. S. 10 year, with a little bit of profit coming in. We could be trading 130 or 149. Around, thea going boris government johnson the Boris Johnson government may not have expected this to appear later in the year, thus the pound tracking a little low. Vonnie President Trump said to hold a News Conference on the coronavirus after G
S . Roo vote vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . Seeing none, the yeas are 52, the nays are 39. The nomination is confirmed. The clerk will report the next nomination. The Clerk Department of state, John Joseph Sullivan of maryland to be ambassador of the United States of america to the russian federation. The presiding officer the question is on the nomination. A senator i ask for the yeas and nays. The presiding officer is there a sufficient second . There appears to be. The clerk will call the roll. Vote vote vote vote the presiding officer are there any senators in the chamber wishing to vote or wishing to change their vote . Seeing none, the ayes are 70, the nays are 22, and the nomination is confirmed. Under the previous order, the motions to reconsider are considered made and laid upon the table, and the president will be immediately notified of the senates action. The clerk will report the next nomination.
Not only suggesting another election date. The stoxx 600 down just over. 10 lets dive into some of these sectors as it plays out on the boards technology right at the bottom apple comes out today. We saw some caution on wall street and the sector. Some of those big supplier stocks caution on trade investors are waiting on details. Industrials towards the bottom of the boards. The light ups of some of those big names. Retail stocks trade lower. Household goods, media and Construction Chemicals are in the mix too banks, very important basket today. Going through the numbers of that Deutsche Bank at the bottom. Mixed reaction to those numbers. Utilities. Telco trading higher auto is significant basket today too with the likes of volkswagen that stock surging 7 lets go to the volkswagen news. It has cut its numbers despite reporting 11. 2 rise thanks to Strong Demand for porsche. Adding to gains. 6 higher for stock now. The group needed to be efficient amid weaker global auto demand you ne
Today. A key meeting set to take place at the white house in this hour. Can President Trump seal a deal even if its just a skinny bundle kayla is in d. C. With the latest on the talks b. Before that 2 45 p. M. Meeting between President Trump and the vice premier of china the treasury secretary and the trade representtich are going to be briefing the president to tell him what transpired between two days of what treasury secretary says were productive negotiations a couple of blocks away with china. Whoa expect there will be some announcement secretary mnuchin confirmed there would be there needs to be a decision on what those are a source stels tells me preside jinping needs to be what is decided as well. We await those developments. Secretary mnuchin just briefing moments ago. He was asked about the optimism regarding china trade talks in the market right now, especially on the back of headlines that there could be a partial deal coming heres how the treasury secretary responded. The
Sanctions. Partslan to sell vehicle to help its turnaround and get back on track. It is also still looking for a new ceo. Shery lets check the markets. U. S. Futures unchanged at the moment. U. S. Stocks struggled throughout the session. S p 500 slumping after the fed rate decision. Markets taking it is a hawkish cut. In fact it did recover towards the end but it finished basically unchanged. We also had Energy Stocks dragging on the index. Crude falling for the last two sessions after that 15 gain we saw monday. At the moment unchanged, below 60 a barrel. Financials gaining ground today. We had yields plunging after the fed intervened and the repo markets injecting cash to soothe the money markets. That was paired back a little bit after the fed rate decision. 10yearold 10 year yield finishing around 1. 80. Paul some breaking news on the bloomberg terminal. The Hong Kong Monetary authority is cutting its base rate to 2. 25 . Pretty much as expected after the fed move today. So we have