Out what that election will be. It is tuesday, and with economics we look to the jobs report on friday. It is supposed to be an especially grim report, modeled out on an unemployment report of 17 , 18 . Last night was extraordinary in new york, and i would say within the curfew that we are in as we speak, there is a silence in the streets. There are no sirens heard. Francine we will have plenty more on the curfew and also with what President Trump said. Lets get to first word news in london with leighann gerrans. President trump is threatening to use the u. S. Military to crush unrest. The president has called on governors and mayors to dominate the streets. He is sending thousands of heavily armed military personnel into washington after days of violent protests. After speaking, the president walked across the street from the white house to st. Johns church. There was tear gas in the air and it had been used to clear away protesters. Or violence across the country in new york, looters
They are maintaining well above it. 30 years were at 69 basis points last week. 137. Hey are at we are seeing some recovery perhaps in the treasury market, and that is good news. Alix but a lot of criticism has been the fact they didnt address the commercial papers market, exactly where the help is needed the most. What are the steps they can take to address that . Michael they could set up a special Lending Facility to buy directly. That may be coming. Jay powell was asked if there ree actions th coming, and he said we are not ready to announce that. Are there no swap lines for the pboc . Theres a story floating around that once the feds its arthur dollars why have got swap lines with all the Central Banks, but not the chinese . Michael i would suspect probably because the chinese yuan is pegged to the u. S. Dollar. Dont know how much of a dollar problem they have. Theres always a rumor that the chinese are going to sell treasuries that never really comes true. Where we do see problem
Deutsche bank in the crosshairs, u. S. Investigators with the malaysia scandal investment fund. The tale of two listings. Budweiser asia offering is set to price later today. Less than half an hour until the start of European Equity trading. Ftse futures look like this, positive, as if we will get more out of the minutes or Powell Comments we heard yesterday. Storyle catchup, the before that session is a positive one. Lets see where we are on the asian session. A strong session, fully pricing in everything we heard from paolo overnight. The expectations for july have an cemented. The jobs report on friday did not change the fed thinking on what should be done with insurance cuts against the slowdown globally. Higher. Arkets going this is the fx picture. The japanese yen on the rise. The dollar retreating. Lets put up the other side and show the fixed income side. There are bigger questions about what happens to sovereign trade if we look to reinflate the u. S. Economy. In terms of the
In beijing can and cant say. Live from our studio in singapore. This is bbc news. Its newsday. Welcome to the programme. We start with the latest on the ukraine crisis and the news that President Biden has approved the deployment of 3,000 troops to bolster nato allies in the region. This would be the first Major Movement of us forces in russias Military Standoff with ukraine. 2,000 will be sent to poland and germany, and a 1,000 strong squadron will be redeployed from germany to romania. A pentagon spokesman said the deployments were a signal that america was ready to defend its allies but he was keen to stress the troops were not going to fight in ukraine. The United States stands shoulder to shoulder with our nato allies. The Current Situation demands that we reinforce the deterrent and defensive posture on nato s eastern flank. President biden has been clear that the United States will respond to the growing threat to europes security and stability. Our commitment to nato, article f
Were going to take back whats ours . If you are a patriot, then get on board. Youre do the right thing or were going to make you do the right thing. All while the man at the center of the threats is finally calling out his former boss about his role that day. President trump is wrong. Under the constitution i had no right to change the outcome of our election. What he needs to do is sit down and talk to the January 6th Committee. Its taken him 13 months to admit the undeniable. And as the Winter Olympics begin in beijing, Human Rights Abuses are in the spotlight. The Chinese Government is holding more than 3 million uyghurs in Concentration Camps and also glorifying the modern day slavery. Plus, were following new developments on the future of Queen Elizabeth and the royal family. Im pamela brown in washington. Its great to have you with us on this saturday night. Were going to start with graphic evidence of the violent and deadly insurrection at the u. S. Capitol. The Justice Departme