Of that. Marriott and hilton is down on a downgrade. The 10 year yield is backup to 2. 06 before the powell testimony tomorrow and plenty of fed speakers today and later in the week. Guy absolutely a firm focus on the fed. European stocks are down again. Stoxx 600 down by 1 . Cable is breaking lower again today. The reason for that the politics, probably more importantly core retail data out of the u. K. Today ahead of gdp tomorrow. Looks like the u. K. Economy hit a brick wall in the second quarter. The market is pricing and more rate cuts from the bank of england. By anothernk down 2. 32 . It was a little worse earlier on. It rallied a little bit, but down hard since that plan was announced. Vonnie fed chair Jerome Powell delivering the opening remarks on the recent Bank Stress Tests at the boston fed conference earlier today. His remarks come a day before his today testimony to congress, with investors expecting powell to pave the way for a socalled insurance cut. Here to discuss no
In europe, also eagerly anticipating the jobs report fractional losses across the board with the dax down 0. 2 a check on treasury yields, we have yields, the tenyear specifically, the lowest level since november of 2016 1. 96 on the tenyear. The 30year at 2. 47. The countdown to the employment report is on. Forecasters polled say the u. S. Likely added 165,000 nonfarm jobs in june the Unemployment Rate is expected to hold steady at 3. 6 . If those predictions are right, it wont likely be enough to discourage the fed from cutting Interest Rates later this month. Well have a lot of predictions about all of this. A developing story off the coast of gibraltar British Royal marines interce interceptintercep intercepted a super tanker they believed the super tachktar was heading to a syrian oil rig. Iran has demanded the tankers release. U. S. National security adviser john bolton praised the move calling it excellent news. Wti is down a percent. And samsung saying its Second Quarter profit
Be latebe latebe latebe lateb. Grea so now well movell movee land acknowledgment. Soent. Soee acknowledge that we are we are e unseatedunseatedunseatedunseatef the the the ramaytushamaytushamaytushamr original inhabitantsabitantsabin franciscoanciscoanciscoancisc pe indigenous stewardstewardsteward and in accordance with their tradition, the Ramaytush Ohlone have never ceded lost nor forgotten their responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory as guests, we recognize that we benefit from living and working on their traditional homeland. We wish to pay our respects by acknowledging the ancestors, elders and relatives of the ramaytush community and by affirming their sovereignty rights as the first people. So now well vote to excuse absences at this or future meetings. What what exactly is that . Okay, cool. I will not be available for the september meeting. Yeah. I have prearranged a travel that i cant change. Oka
Sorry. Here. Commissioner neumann, here. Commissioner williams, here. Commissioner sommer is excused and we have a quorum. Next we have the land acknowledgment. The Building Inspection Commission we acknowledge that we are on the unceded ancestral homeland of the Ramaytush Ohlone who are the original inhabitants of the San Francisco peninsula. As the indigenous stewards of this land and in accordance with their traditions, the Ramaytush Ohlone have never ceded, lost nor forgotten their responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory. As guests, we recognize that we benefit from living and working on their traditional homeland. We wish to pay our respects by acknowledging the ancestors and relatives of the ramaytush community and by affirming their sovereign rights as first peoples. Thank you. Next, members of the public who may be listening, the call in number is 4156550001. The access code is 26623406799893. To rai
Acknowledgment. The Building Inspection Commission we acknowledge that we are on the unceded ancestral homeland of the Ramaytush Ohlone who are the original inhabitants of the San Francisco peninsula. As the indigenous stewards of this land and in accordance with their traditions, the Ramaytush Ohlone have never ceded, lost nor forgotten their responsibilities as the caretakers of this place, as well as for all peoples who reside in their traditional territory. As guests, we recognize that we benefit from living and working on their traditional homeland. We wish to pay our respects by acknowledging the ancestors and relatives of the ramaytush community and by affirming their sovereign rights as first peoples. Thank you. Next, members of the public who may be listening, the call in number is 4156550001. The access code is 26623406799893. To raise your hand press star 3 and for the Webex Webinar password is 0515. Should i do opening remarks . Sorry . Should i do opening remarks . Yes. Ne