Potential pandemic. Investors dont seem to care. U. S. Markets close out the best quarter since 1998 with the s p 500 up 20 . Gold is trading near 1800. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures opening under a little bit of pressure at the moment, down 2 10 of 1 . This as we just mentioned, u. S. Stocks finishing the best quarter in more than two decades. We are talking about a 20 increase in the last three months. We have the s p 500 seeing the best two days in about three weeks. All 11 sectors finished up. The dow underperformed a little bit compared to other major indices. A plunge in boeing. Terminating their purchases of all remaining jets on order. Take a look at what oil is doing. We have seen it gain ground. It is continuing to rise near 40 a barrel. It just posted its best quarter in nearly 30 years, bouncing back from that historic price crash. Really climbing from negative territory in april. Haidi yeah, it really is the histo
A new flu strain in china is seen as another potential pandemic. Investors dont seem to care. U. S. Markets close out their best quarter since 1998 with the s p 500 up 20 . Gold trading near 1800. Picture when split it comes to these gains we are seeing across equities and the continued gains we are expecting to see in asia. Havens still seeing those gains as well. Above 1800 for the First Time Since 2011. This is what we are setting up for in terms of the first day of the new quarter. Up by 1 10 of 1 as we get some analysis later of those numbers. Atwell as dollaryen trading 10 75. A little bit of Dollar Strength at play. Weakness when it comes to trading in the aussie dollar despite the jump above 69 u. S. Dollars from the back of those better than expected u. S. Pmi numbers. We are continuing to watch out for Market Reaction as to the geopolitical headlines to do with hong kong. Right. Lets turn to the city marking 23 years of chinese rule with the president signing a Landmark Secur
We saw a stronger fix, some signs of trying to anchor the moves we have seen. Watching the likes of indonesia coming online. We are looking at another day of gains for jakarta. Hang seng, slightly under pressure as we wait for the npc to vote on that National Security legislation this afternoon. Former,ei is the upper seeing a fourth day of gains for Japanese Equities on the reopening. Currencies, hong kong dollar is the focus. You look at pokechecked seeing 775 but speculators are out there. The korean won seeing weakness. And then going lower after the bok cut rates for the record low. Lashed their growth outlook. You look at the weakness in the renminbi, that is not really translated. It is pretty much unchanged for some time. We are watching the euro as well after we saw some fiscal stimulus plan, it should be a big deal for the currency, the euro hitting the strongest level in two months. Watching oil which did extent losses, saw a surprise jump in the u. S. Crude stockpiles with
Coronavirus fallout has peaked. While ways relations with the. Sour again as the cff freedom ino gain her vancouver. We are seeing u. S. Futures flat at the open. We haveinvestors the s p 500 in the regular session gaining for a third consecutive day, 11week high. Holding at that 3000 point level. Stocks was punished by the pandemic now rewarded. We have the nasdaq composite gaining a tense of 1 after micro technologies forecast earnings that Beat Estimates lifting the chipmaker. Smallcap led the games. U. S. Futures smallcap led the games. Let the gains. The u. S. House legislation on sanctioning chinese officials. We really have a havetion where investors to choose whether they think geopolitical matters matter to the direction of the market. A mixed picture when it comes to japan. Japanese futures pointed a bit higher, looking to extend robust gains in yesterdays session. Zealand, we are seeing another day of gains, half a percent higher. Kongs future as an independent trading leade
Massachusetts to illinois to texas have been sounding the alarm that various federal agencies have been scooping up shipments of personal protective equipment and other valuable medical supplies for quite some time now according to a letter published in the new england journal of medicine by a medical doctor andrew artin steen with Bay State Health massachusetts 1st after spending valuable time just trying to convince the f. B. I. Not to confiscate his shipment of k n 95 respirators and face masks he was then soon shocked to learn that the department of Homeland Security was still considering redirecting his pee pee. Only some quick some quick calls leading to intervention by our congressional representative prevented its seizure others my friends have not been so lucky remember back in march Massachusetts Governor Charlie Baker revealed that a shipment of 3000000 masks were seized by federal authorities and then later at the beginning of april in new jersey freeholder director Chanell