Hold talks about 2020 and footballs european championships could be called off as you wait for me to discuss the impact of coronavirus on the continent. Well the restrictions in many countries around the world are about to get a whole lot more extreme in the coming hours in an effort to stop the spread of coronavirus lets take you around the world malaysia 1st of all which is rolling out some of the most drastic rules at midnight tuesday no one allowed to leave for 2 weeks its borders are being sealed thats led to panic buying in malaysia and over in singapore as well in the middle east irans government has temporarily released 85000. 00 prisoners its also closed off access to religious shrines much to the anger of many worshippers and much of europe going into lockdown there is the french president. Emmanuel micron in less than 60 minutes france seals borders the president saying that france is at war with corona virus so heres the team for this hour. In teheran Natasha Butler in the
Months lets take a look at the treasury markets watching the 10year back up this morning above 1. 8 at 1. 811. Investor tensions remain on iran even with that snap back yesterday. Tensions mounting with the u. S general Qassem Soleimani was buried in his home town of kerman officials have threatened retaliation against the u. S. For the targeted killing the defense secretary has made no decision about withdrawing troops from iraq another surreal day with that letter that came out from a general that was not signed. Later, they came out and said that was a mistake wasnt signed, poorly woorded wasnt in its final form but to let you know, we are withdrawing from iraq. Let me start with that. Flip the order here and start with that letter we spent several very confusing hours at the white house as officials scramble to figure out what the heck is going on after a marine corps general in iraq sent a letter in which he appeared to suggest that in response to the Iraqi Parliament vote to remo
Doing very well, up by. 4 . Will play out. Is thiso think it means. 7 . An see pound down by would a trade truce make you happier or a more aggressive investor or do you think this is if we look at the sectors doing something that is going to take uncertainty around global trade well. Even though we see longer, possibly past the 2020 and trade policy is going to persist. It is not just between the u. S. Elections . Truce would a trade and china. Markets up, we shouldnt we still have overhanging europe riskon. That as too at the margin make us more the potential for auto tariffs and we have gotten quiet on aggressive as investors if it that. I do not think that should be was a real truce and not just completely taken off the table. We have other uncertainty some agreement to talk. So that is a look at some of the associated with things like that the tariffs are moving brexit. Markets. Lets look at the other side of is isuggests to me the markets, dollar index. The dollar just a touch to
For tiktok to be banned in the United States kelly ogrady live. That is right dramatic action weve seen taken against tiktok yet the house passed with rare bipartisan support from republicans democrats alange, as you said, next to Senate Legislation also enjoys that a bump support, senators Marco Rubio Mark warner issuing this are we are united about concern for National Security flat posed by tiktok a platform with enormous power to influence divide americans whose Parent Company bytedance remains legal required to do bidding of Chinese Communist party there are tensions are on what is best for executive powers impact on free speech rand paul called legislation a quote draconian measure tiktok vowing to fight the bill, warning the implications. It will take billions of dollars out of the pockets of criticors, Small Business put more than 300,000 american jobs at risk, to Small Business owners who rely on tiktok to make ends meet. One point during debate tiktok isnt the only platform t
Friday august 18. Your top stories, 6 00 a. M. On the east coast. The august selloff continue spiking interestrate squeezing consumers and sending investors to sell. After the third day of selling mixed rally, the dow industrial don 46, nasdaq 1046 as well, the s p 500 lower by seven points, edging lower, the ten year yield reaching highs not seen since november 2007. We talk about twentyyear highs, the thirtyyear is settling at the highest since april 2011. The yield is sitting up fourpoint to 25 on the ten year period that is on private basis points this morning. The thirtyyear 4. 39 that is down four basis points from yesterdays highs, investors are hoping for answers at the Federal Reserve jackson hole retreat happening next week were jay powell is expected to take the stand and speak in a speech next friday. We will be covering that jackson hole meeting as well. Mortgage rates also skyrocketing with the thirtyyear fixedrate sitting at 7. 09 . That is the highest rate since april 2