Nothing to germanic word dramatic. Who contributes the most, who takes the most away. The top five index points contributors, four were financials, aig, j. P. Morgan, citi paul giving big contributions. P functionk at the ima on bloomberg, Energy Stocks did the best. Joe on the Government Bond , there continues to be selling the last several days. You can look at the australian a sharp jumpd, ace sharp jum up. Thats keeping with the broader story from g7 developed countries. G7 bond yields at their highest level in five weeks. This is still incredibly low, the average yields across various Government Bonds. There has been an uptrend. Japan is reaching the limit of how much a can buy, people concerned about the same phenomenon happening elsewhere. This is something to keep an eye on, the increase in yields. Scarlet is this a fundamental repricing . A look at currencies and the dollar, specifically the bloomberg dollar index, recovering from a fiveweek low. You can see the low reached in
Matthew is barreling toward the caribbean islands and could leave major damage behind. A trial date is set for a new jersey father accused of murdering his 3yearold son. The septa Transit Agency resumed a full weekday schedule on the regional rails this morning for the First Time Since july. Many say the commute was far from perfect. John rawlins is following the story and joins us live from suburban station. John. Reporter hi, sarah. Ill tell you, perfection was the goal, it wasnt achieved. The status board showed 10 of the trains running 3 to 19 minutes late. Earlier a rush hour train reported 52 minute delay. A train out of the newark operations to philadelphia canceled because of an equipment issue. The riders had to take the next train along. For the First Time Since the 5th of july, the trainls were trains were back on schedule. I was looking forward to this day. I didnt believe last week it would be today. Im glad it is. Reporter reviews to the first day back to a regular schedu
Liberal Democratic Party in japan. This is significant news because the economy minister is a key part of abenomics. Tom and people are looking in search of where it is going. This year we used a currency as a litmus paper, and i would say in this ugly january we are celebrating antiabenomics. But they need is the gift of a weaker yen. Francine but the problem is began as the haven. Lets get to the first word news with vonnie quinn. Vonnie thank you. North korea may be getting longrange missiles according to a japanese news agency. Earlier this month, kim jonguns regime conducted its Fourth Nuclear test. The news said that preparations are being made for a launch. North korea fired a longrange missile before each of its three nuclear tests. The government of sweden they reject almost half of the 163,000 refugees who seek asylum. Offering thetial government had to backtrack, and they are sending back thousands. Irans president house on rouhani is in paris, meeting with francois hollande
The bank thinks Commodity Prices will fall. Fundamentals will become cyclical, nothing has changed and supply is still on the way up. Lets have a quick look at largely unchanged. We are up, though. It is still relatively good as we had into the afternoon. Disappointing trade numbers in the slump in property all forced policymakers to step in for a third time. Pboc says there are plenty of tools available if more action is needed. Lets bring in christine. Christine, this wasnt a surprise. Reporter it was pretty much in line with what analysts were expecting. This is an likely to be the last rate cut we see this year. We have to look at chinese Monetary Policy as the whole package. Bank reserve ratios and they have been injecting liquidity into banks. Another way to basically shore up economic activity. The last rate cut was 100 basis points. 25 basis points is relatively modest. Citigroup says another 50 basis points will be cut this year. Bloomberg economist are looking for race to go
To you all. Thank you for spending time with us. We have a number of breaking stories that were going on while you were sleeping. We tart now with a scare for the secret service. A substance sent to the white house tested positive for cyanide. And more tests are being done. It was found at a screening facility where white house mail is monitored. It was not found inside the white house itself. No one who handled that envelope at the facility was hurt. Sources say the sender is known to the secret service and criminal charges depend on whether the material is confirmed to actually be hazardous. Another breaking story overnight, a victory in israel for the hardliners and a defeat for the peace process. Prime minister Benjamin Netanyahu should be able to form a government after yesterdays parliamentary elections. Despite preelection polls his conservative party picked up the most votes. The day before netanyahu declared there would be no palestinian state while he was prime minister. We a