Half a dozen fed officials speaking today as the growing rate debate simmers. Speaking of the fed, two perfect guests, both officials who served on the fom, Sarah Bloom Raskin, coming up before the close today. Joining us final hour of trade, josh, nice to see you. Happy to be back, sara. 212 point rally here. Are you buying into it i think whats interesting, the answer is yes. I think whats interesting weve done nothing, given headlines, back to early august, essentially flat im not suggesting thats a bad thing. In fact, bulls would say look how much is thrown at the market in the form of tweets and deals and nondeals and fed volatility. In the meantime, yields havent even stabilized. Yet were still hanging in at these levels i think whats important, give the edge to the bulls. Weve been testing resistance in this range the upper side of this range, more than weve been testing support. So slight edge to the bulls. You look at xly, xlk combined sam will probably correct me, probably 30
This. A particular country. And at least 7 people are killed in violence against migrants in south africa sparking a regional boycott of the country. Are broadcasting live from our studios in moscow this is our chief international and john thomas certainly glad to have you with us. Now a trove of leaked documents has seemingly exposed the u. S. As a major supplier of illegal weapons a bulgarian journalist claims america has been buying serbian weaponry which has ended up in the hands of terrorists across the middle east and washington allegedly purchased weapons from 2 serbian state owned Arms Companies apparently for police in afghanistan but those arms were then seen in an Islamic State propaganda video showing militants in yemen. You know watch our report on that in full on our you tube channel in the meantime these photos show some of the serbian made weapons and ammunition produced by the same companies we mentioned this time in syria the 2nd part of the report claims the weapons
Be paying off, and remaining optimistic in the face of retail hit and miss his. We hear from ceo rob scott. Lets get you started with a quick check of the market close on the tuesday session here in the u. S. It was a wild ride with u. S. Stocks paring back some of the gains we saw in the morning session. The s p 500 lost. 3 and the dow lost 120 points. We saw financials leading to clients and the 10 year yields fell below 1. 5 . We had high volatility in the vix, some trade optimism coming from the g7 but with chinese officials not confirming some of those remarks by President Trump , Investor Sentiment souring a little bit when it came to trade. Some mixed Economic Data as well. U. S. Consumer confidence falling less than expected but the Manufacturing Index was near recent lows. All of that playing into the Market Action today. U. S. Futures at the moment not doing much. Lets see how we are setting up in asia. After that sea salt session in the u. S. It looks like asian futures are
Good morning 9 am here in moscow this friday will welcome from me kevin im into this 30 minute world news roundup from out international h. Q. With me kevin so the 1st u. S. Democrats have received an embarrassing blow after it was revealed that the party employed a multimillion dollar Strategy Company to help shift the country to the left are appalled by conservative watchdog amassed a scheme to promote certain topics from supporting obamacare to slamming Donald Trumps border wall. Takes a closer look at how it operates this morning. Whats more powerful in politics than money a strong candidate with a good program and idealist would see nothing a realist would say but a politician would say dark money dark money is the millions of dollars that behind the scenes donors are spending to send the political train down the track and according to the left leaning media its a bad bad thing because the conservatives do it because brothers have made billions and want to ensure that government d
Alleged phone call an apparent trade detente that was apparent flipflops leave beijing unsure of u. S. Policy. Is the first of chinas big touted by the u. S. Administration, we saw the yuan banks to report earnings. Six in terms of the senate how the trade war is affecting devaluation was the largest performance. Shery lets get you started since the beginning of august, when we saw the risk of event with a quick check up on how markets closed. Where the yuan bridged the seven level. Theintent is there from it was a wild ride, with u. S. Chinese site. Dogs paring back gains. The s p 500 finished down. 3 . If we see these levees continue to be raised on september 1 and it is a very financials leading the declines with the 10 year yield falling politically important date for below 1. 5 . He dow gave up 120 points the chinese. It is the 70th anniversary of the peoples republic of china. That is not something the chinese are willing to let slide it was a bit of a mixed picture with volatili