After the ecb announcement and it has been quite choppy in the u. S. , equities are now lower. All three indices are down. The dow and s p down by. 4 , nasdaq down. 1 . The 10year yield at 70 basis points. Little movement but enough to show there is some kind of reaction. The euro continuing to strengthen. Above 118. We will stay on the euro. Surgeine lagarde say the in currency must be monitored. That only called for the european to strengthen further. Our first guest is lena komileva. A lot to unpack out of the meeting but how is the european economy doing . Economy wasropean recovering quite strongly from the effect of the lockdowns. It is the balance effective switching on and switching off and on an entire continent. Whilst important is that a lot of the conversation is about the top figures, which did recover quite strongly in the early months after the lockdowns, we had quite a great divergence between the sectors. Those most affected by social distancing are lagging behind but
Upper 106 level before u. S. Retail sales and trade talks are planned for the weekend. We are seeing dollar weakness in recent days. Gold futures at 1946. It is above 1900, a wild ride for the metal after surging 30 this year. We saw the plunge below 1900 tuesday. Gold is still an of the bestperforming commodities of 2020. 66. 22. 10 year yield at lets flip the page and look at where we are in terms of the chinese shares ahead of a slew of data for july on friday, including Industrial Production and retail sales. The csi 300 is in negative territory, down. 4 . The yuan is at 6. 93. The hang seng is getting some gains. Center, infront and negative territory right now even as it the highest estimate. Tencent also played down the Trump Administration as we check been. Ban wechat the kospi is up on a 52week high. Look at southeast asia, this is asias worst performer this year, correctly up. 5 . It may rise to between 6500 to 7000 this year, driven by pretty much the government stimulus pac
Colleges are told to offload holdings of mainland companies. Australia signs a deal to make any covid19 vaccine for all. The government will distribute should it prove successful. More vaccine optimism playing out in australia. Lets look at how we are shaping up in terms of the u. S. Future session. Another renewed push of momentum in u. S. Markets overnight, hitting the record, propelled again by the same names. Also betterthanexpected u. S. Housing data. 2016 helping out sentiment, as well. We have positivity when it comes to the active futures trading at the moment. The nikkei 225 trading in chicago, looking flat at the moment ahead of a trade balance numbers, as well as machinery orders. We do have the topix, best performer in terms of Global Markets so far in this month of august. We are looking at broad weakness when it comes to the u. S. Dollar. The dollar sinking to his lowest levels since may of 2018. Im worried about the u. S. Economy with yet no relief package, stimulus pack
Bedminster new jersey. He commented on the coronavirus, the election, and talks on reaching an agreement on a new aid package. And gentlemen, the president of the United States, donald trump. I appreciate everybody being here. Number oftremendous things. I want to begin by giving an update on the economy. Economic health is vital to public health. Our strategy to kill the china virus is focused on protecting those at greatest younger andllowing healthy americans to safely return to work and safely return to school. Very important. We added 1. 8 million jobs in july and added a total of over 9. 3 million jobs ands may, and i will say the job growth we have seen over the last three months, 9. 3 million, is that single greatest three month period of job creation in american history. That is big news and great news. Over the past three months, the United States has surpassed Market Expectations by a total of 12 million new jobs. Over the last three months, the United States has added 623,0
Jersey. He commented on the economy, the response to the coronavirus, the election, and talks aimed at reaching an agreement on a nude new aid package. Gentlemen, the president of the United States, donald j. Trump. Pres. Trump thank you very much. It is a great honor to have everybody here. I know the press was not quite expecting this, so i appreciate your being able to attend. We have a terrific number of things and positive things to tell you tonight. I want to give an update on the economy. Economic health is vital to public health. That is why our strategy to kill the china virus is focused on protecting those at greatest risk, while allowing younger and healthy americans to safely return to work and school, very important. We added 1. 8 million jobs in july, exceeding the predictions, and in may. I will say the job growth we have seen over the last three months, 9. 3 million, is the single best in u. S. History. That is big news and great news. Over the past three months, the u.