Us. Apple warnse, the path reopened after the super tuesday victories and what is shaping up to be a two man some iphones will be in short race for the democratic supply as Stores Slowly reopen in china. Nomination. First, the death toll from the that is up next. This is bloomberg. Coronavirus rising to 11 across the u. S. With california reporting the first death in this state. The fatality rate is 3. 4 percent, higher than the seasonal flu. Cases continued to surge in south korea, the u. K. 23 members of parliament have fallen no. U. S. Stocks rebounding, perhaps theing the rebound from surprise victory. Are expecting to see some decent trades some decent gains. We did have the new zealand Index Trading higher than more than hire more than 2 . Volatility is the name of the game. 1. 7 onhe asx slip by wednesday. It is going to recover all of that today. The nikkei also pointing higher. The nikkei broadly flat for the day. The cost fee looking higher by more than the cost be looking hi
Senate is a hotbed of activity. What happens next and when does it happen . Sahil today there are a series of ceremonial procedures that happen. All 100 senators are expected to be sworn in as jurors in the trial by the chief justice. After this, they will break for the long weekend with mlk day on monday, and then on tuesday the expectation is there will be a resolution on the floor of the senate to set the procedures for the trial. That could include issues like witnesses, the length of the trial, all sorts of procedures, on which there is not agreement, especially on witnesses between democrats and republicans. There is contention between the sides that are yet to be sorted. We will know more earlier. Guy david will the initial rent resolution resolve the question of witnesses . I understand one point mcconnell says lets wait until we get it going. Sahil there is a good chance democrats will use the power they have to force votes on witnesses. Theyve insisted that figures like john
Lets have a look at what is going on with these markets. We would normally be looking at the nikkei, but tokyo is looking at the public holiday. There we go. Taiwan moving to the upside. Hang seng adding to some of the gains. Overall, we are seeing a mixed bag. Shanghai is lower. The asx 200 not having a good time. Lets have a look at the other Asset Classes which are perhaps on your radar here. Kicking things off with a look at gold, just down a fraction. Investors are sticking to their guns. We have seen it shifted to gold ever since the middle east tensions did come to the fore with the downing of that jet and the killing of general soleimani as well. 1556. S just at the moment 98. X crude, oil holding onto the biggest weekly drop we have seen since july. Easing tensions regarding whats going on in the middle east. On top of that, the pound is a little bit lower. There is the possibility of a rate cut. The bank of england policy maker showing that there are no signs of the economy i
Obstructing a congressional probes and witness tampering. The guilty verdict comes after deliberations began yesterday. The case against stone included evidence that President Trump that President Trump knew about wikileaks plans to release emails that were damaging to hillary clinton. Prosecutors said stone live to congress to protect the president. He will remain free pending his sentencing in february. He faces 20 years in prison. Able morales could face jail time for Election Fraud if he returns home. The ousted leader told the Associated Press in mexico that he is still president and claims to have won a fourth term in office. In pro football, Myles Garrett has been suspended indefinitely for his actions during and on field brawl last night. At the end of the game, he ripped the helmet off of steelers quarterback mason rudolph, and hit him with it. Two others were given lesser suspensions and each team has been fined 250,000. Global news 24 hours a day, onair, and tictoc on twitte
Nasdaq higher, 20 points s p 500 up a little over 1 point. This comes after declines for the major indices in yesterdays session. Dow, s p and nasdaq each closed lower by 1 . The s p 500 closing below its 50day moving average for the First Time Since march 28th. Look at treasury yields. See where theyre standing right now. The tenyear note at 4. 182 and the twoyear at 4. 908 , just below 5 . The tenyear yesterday hit 4. 2684 core inflation remained at 6. 9 , unchanged from the prior month, slightly above forecast. Pay growth continued to pose headaches for policymakers as wages grew 7. 8 in the quarter that ended in june were watching shares of cava this morning sharply higher the mediterranean restaurant chain reporting earnings per share of 21 cents since going public swinging to profitability from a net loss in a year ago quarter. Revenue of 173 million Beat Estimates of 163 million. Same store sales rose 18. 2 . The cfo attributing some of the strong traffic to increased Brand Awar