The trigger on the economy at home but if youre looking at inflation that is where the concern is and those inflation was have piled on since the july meeting. Continuingd a spiraling lower and oil prices and that will eventually push back a fed rate rise. Only about one third think that a rate hike will happen in september. It used to be a 5050. Beforenny isnt it when we thought the stimulus would end in the u. S. The market would selloff. Now a delay in the rate rise and the market still sells off its because they are focusing on why the rate rise will not come. By 1 10 of a percent. We will be seeing how all of these markets open across the board and there will be some interesting movers. Keep your eye on richemont. We are talking watches. The exports from watches are following. Down 40 in china. That is a phenomenal statistic. That is showing the woes of Consumer Sentiment in china not wanting to buy foreign goods and especially not after a devaluation. Think about what august is g
We are seeing a clear risk aversion as the german bond yields are ever lower and the ecb buying Corporate Bonds. Tom we have some financial work with the yields lower. That began yesterday morning and it is grinding ever lower. We have the political news in the United States. Francine a packed day. It was a history making night for Hillary Clinton. She declared herself the winner in the race for the democratic president ial nomination, taking her the first woman to run as a candidate of a major u. S. Party. Tonight, victory is not about one person. It belongs to generations of women and men struggled and sacrificed and made this moment possible. Shery clinton won three of the six states that held primaries or caucuses tuesday, plus she has a big lead in california. Meanwhile, Bernie Sanders says he is not giving up even though the math does not look good. He is said to meet with president obama tomorrow, who called clinton to congratulate her. Another car bomb attack in turkey and it a