This is 3 declines for each of these markets. Joe, it looked worse overnight well see what happens as we get a little closer to the opening bell youve been watching the treasury. It was lockdown. It was lockdown for quite some time. And it really was about i couldnt help but saying, this is the politicians fault. It was if they had done what they looked like they were going to do as of friday, i dont think it would have been like that but then again, we may have had the, all right, they passed it, were up and then that sells off. In this world, i dont know what to hope for anymore. This is how it works, though. Im going to read something in a second that im so excited about. I even got more excited about this than i did about the futures not being locked down is,000 points. Weet gel well get to that. It was 954 points or something. Yields have come down. The tenyear was down at 0. 829 . Again, that volatility is spreading not only through the stock market but treasuries. Its been amazi
The publication of such news is aimed at disturbing the Public Opinion and harming the process of the capital market. The secretary of the Supreme Council of the Stock Exchange also said in this regard that according to the Securities Market law, issuing the suspension and cancellation of the license of Stock Exchanges is one of the duties of the Supreme Council of the Stock Exchange. In no way is this issue on the agenda of this council according to mr. Eshghi, the Commodity Exchange has significantly contributed to the transparency of accepted goods transactions in recent years and the performance of the Stock Exchange in the National Economy is undeniable. In the last minutes of todays trading , news was published in cyberspace without any reliable document or source that the activity of the Commodity Exchange may be suspended. This years initial Public Offering will take place on wednesday, august 11, with the offering of 12 shares of the tosun Technology Development company in the
Days. The eurodollar slightly weaker, that uptrend to seems to have been broken with a stronger dollar over g10 with the exception of the yen. Its a buy treasury single after the big selloff we saw yesterday and goldman doubling down on bullish commodity bets. I want to take a quick check on the safety Asset Classes. I mentioned dollaryen, portugal if you want to take on risk, go to portugal. The yield there is down by eight basis points with a lot of buying going across the curve over in europe and the vix at 29. Gold is up by four dollars now. The vix at 29 feels like the different world. David people werent buying gold. Alix gold is really liquid, its not surprising saw some selling if you needed to get liquidity. You covered gold, back and forward. , the new york fed president space of the European Chamber of commerce in new york city at 10 30, crude Oil Inventory data will be released and 21st century fox and tesla both post earnings, coming up today. Terms the first take, the sto
We are about 30 minutes into the training day in the u. S. We are right now on the second day of losses after fridays losses. That is happening in part fisher of vice chair saying potentially there may be a rate on the table for later this year. We are seeing this waiting on the boards right now. The dow is up i about a third. The nasdaq is closer to the zero line. Rate on the table for later this year. We are seeing this waiting on the boards right now. The dow is up i about a third. Ae nasdaq is the dow is off t third. We do want to talk about mergers and acquisitions because it is a true m a monday. Talking about visor and it bid for medivation. This is on track for a record close. Look at the function. It looks like it is at the highest jump since march 31 or so. Billion,valued at 14 81. 50 per share. A are gaining a Prostate Cancer drug. Analysts are predicting by 2020 will pull in 20. 3 billion. Cst, Canadian Tire up with brands, up by about 10th of a percent. This is in regards
That we eventually want to operate with a much smaller Balance Sheet than we have at present. The, that we would reduce the size of the Balance Sheet to essentially, whatever size we needed to manage Monetary Policy effective in, in effective and efficient way. Now a lot has changed since prefinancial crisis in terms of the Financial System and, we are studying, were engaging in project at this time. To consider whether a longrun operating framework should look like. So, i cant tell you exactly what size of Balance Sheet we will determine is the best to operate in an efficient and effective manner. It might be somewhat larger than the very tiny quantity of reserves that we had precrisis. We have not determined that. We have also said that we will, we expect to reduce the size of our Balance Sheet overtime by ceasing diminishing, ceasing entirely reinvestments and beyond that we havent given Additional Guidance other than to say the timing of reductions in reinvestment will depend on ec