Well. Guy thats interesting. Interesting about the u. S. Consumer. Tells us a lot about where we are right now. European stocks are higher. Volumes arent exactly great right now, but the trade narrative is helping. We may get an effective rate cut out of the chinese overnight. Pay attention to that one. Looks like the huawei extension is likely to go through as well. All of that helping lift stocks up, but it is unlike volume. Yields moving as well, moving higher. Bond prices are coming down. Big focus on germany on the fiscal side. We will talk about that in just a moment. That is a narrative moving markets at the moment. Brent crude up by over 1 . A bunch of reasons for that. Weve had an attack in saudi arabia, a drone attack. Also, the trump tariff talk helps out, may be giving brent a bit of an uplift. The Global Economy obviously a significant factor. Vonnie sticking with markets, we are joined by ash alankar, Janus Hendersons global head of asset allocation, live from denver. Wel
Few years, is leaving the business. Apple is trading down by. 8 . I want to take you to the gmm function to see what the big movers have been. Down under, australia and new zealand are doing well. Equity outperformance has been a feature, strong markets in the bond market. But equities have underperformed, and that is worth paying attention to. We will see some rebalancing coming in. To give you an idea of the risk narrative, we have this weird market were equities and bonds have gone up, and the yen has gone up. The british pound, not so much, down by 2. 36 . The front end of the u. S. Curve, something that has been factoring in what has been going on with the fed, bullying the fed and pushing it into maybe some of those big cuts the market is anticipating. Lets get back to Deutsche Bank. Reports out that Deutsche Bank is preparing to cut as much as half its Global Workforce in equities trading, part of a broad, another broad restructuring to boost profitability. Bloombergs german ban
Was asked three times pointblank whether the president believed that Climate Change is real and all times, he to client to answer the question. He said that the president made the decision purely on the base of economics and what was right United States economy. These are not contradictory things. The white house can answer that question, but at the same time say the president s decision was about this. The dodging a sort of remarkable in that sense, because it is not a difficult question to answer. That was the question followed about the epa administrators release, and the brought upn hearings some doubt on climate science. What is the opinion that the minister has to say about his own personal beliefs . Unbelief,ed about his and says he accepts that there is Global Warming that is happening, and that humans contribute to it. What he did say along with that is that it is difficult to measure, and cast doubt on the idea of doing something about it because of the improbability of knowi
Was asked three times pointblank whether the president believed that Climate Change is real and all times, he to client to answer the question. He said that the president made the decision purely on the base of economics and what was right United States economy. These are not contradictory things. The white house can answer that question, but at the same time say the president s decision was about this. The dodging a sort of remarkable in that sense, because it is not a difficult question to answer. That was the question followed about the epa administrators release, and the brought upn hearings some doubt on climate science. What is the opinion that the minister has to say about his own personal beliefs . Unbelief,ed about his and says he accepts that there is Global Warming that is happening, and that humans contribute to it. What he did say along with that is that it is difficult to measure, and cast doubt on the idea of doing something about it because of the improbability of knowi
Was asked three times pointblank whether the president believed that Climate Change is real and all times, he to client to answer the question. He said that the president made the decision purely on the base of economics and what was right United States economy. These are not contradictory things. The white house can answer that question, but at the same time say the president s decision was about this. The dodging a sort of remarkable in that sense, because it is not a difficult question to answer. That was the question followed about the epa administrators release, and the brought upn hearings some doubt on climate science. What is the opinion that the minister has to say about his own personal beliefs . Unbelief,ed about his and says he accepts that there is Global Warming that is happening, and that humans contribute to it. What he did say along with that is that it is difficult to measure, and cast doubt on the idea of doing something about it because of the improbability of knowi