The focus shifting from Central Banks back to trade ahead of the g20. President Trumps Administration up in the antiby blacklisting another five chinese tech companies. Yvonne perhaps dampening the prospects of getting any kind of deal at the g20. Seems like when it comes to the oil market this escalation of tensions with iran, it perhaps is offsetting what we saw last week on the markets. A lot of uncertainty on the geopolitical front. David on one hand you have that of grants. Terms great headline here out of bank of america. They released her latest report. G20 plus fmoc equals perhaps a good formula for ef. We are flat on the benchmark. Coming off three weeks of gains for global stocks. Four weeks of gains. Study in the treasury market. Flip the boards and look at where we are on the currency markets. Also on china. Where are we here . I am looking at a lot of the pairs. Dollar is still on the back foot. South korean yuan topping the list earlier. Looks like we will have a mediocre
Good morning looking to debate debit australia. I am paul allen at the Investment Conference in sydney. We are counting down to asias major market opens. Good evening from new york, i am stare on. The top story this error. U. S. Stocks and treasuries rise as the latest five comments fuel speculation the central bank is headed toward another pause in rate hikes. President biden boastful support and military aid for israel. The combined death toll now approaching 2000. And china is said to be ready to unleash a new round of stimulus. Take a look at how u. S. Features are coming online. 20 early in the session. We have stocks and bonds gaining ground on that commentary coming from a fed official. We have the s p 500 gaining ground for third session. A little bit of a technical rebound. We have the 10 year yield fallen toward that 4. 6 level. A little bit of catching up for treasuries with a global bond round. We are looking ahead to plenty of data including thursday cpi numbers. Not to me
Transportation. You may have thoughts on funding, you may have thoughts on specific road projects or mass transit, or other things that would better the way we get around. Your thoughts on the best way to improve public transcription, for democrats 2027488000 republicans 2027488001 and for independents call 2027488002 or tweet cspanwj or send us email journal cspan. Org. Transcription goes to funding and the hill newspaper here in washington, d. C. Has a look at looking to the i. R. S. To fund projects. Bernie writes to push taxes out of outstanding mortgages in states comes at a time when republicans are looking to seek the i. R. S. Budget, a dynamic thats not lost on the agencys top officials. The i. R. S. Commissioner told reporters thursday the agency would implement whatever law Congress Throws its way just as it did with the Affordable Care act but suggested implementing tax changes from the highway bill wouldnt come out without some pain and after the agency absorbed more than 1
Lets check in on markets in asia this morning. U. S. Ose of you in the wrapup your thanksgiving meal. Equities up. 1 . Seeie dollar continues to weakness after australian capex fell by the most on record. To new zealand we go. This is the view from there. Spotew Zealand Dollar weakening at 65 u. S. Cents. Lets head over to japan. This is the view yesterday on light volume ahead of that thanksgiving holiday. And were in thick of that. Nikkei futures pointed to a higher open. Dollaryen is slightly weaker. But we begin today with an unexpected rally for commodities as metals surged on speculation china may step up its support. Jumping commodities led to gains around the world. So, is at a rally with legs . Is here now with what chinas possible intervention and how this can impact the markets today . We understand domestic players will be meeting today amid this record slump we have seen. Ee biggest drop in the l metals index. We saw metals rising from europe to canada. We saw copper up as