Ask you to check that the various mobile devices have been silenced or turned off as we prepare to begin. For everyone inhouse there will be a slight shift in the program agenda. Our keynote will now follow our first panel, but it will also occur before the break that is scheduled before the second panel. So, opening our discussion today will be dr. Lee edwards, distinguished fellow and conservative thought here at the Heritage Foundation. Please join me in welcoming dr. Edwards. [applause] good afternoon, ladies and gentlemen. And welcome to the Heritage Foundation. We thank you so much for coming out today. August is something of a slow month in washington, dc, and were so pleased that we could attract some of this Towns Limited attention to the matter of u. S. Taiwan relations. And i extend a warm welcome to our speakers, panelists, and of course, to you, members of the audience. Particularly want to offer my appreciation to the Taiwan Benevolent Association of america, and the inst
States will moderate its commitment unless Member States pay more. First, President Donald Trump said the u. S. Bond with israel is unbreakable. Comments made as he welcomed israeli Prime Minister Benjamin Netanyahu to the white house. Donald trump appeared to take a major step back from the longheld u. S. Stance of a two state solution in the middle east. Said there will need to be flexibility from the israelis in order for these, but only of how stands recognize israel. Am looking at two state and one state, and i like the one that both parties like harry im very happy with the one that both parties like. I can live with either one. I thought for a while the two state looked like it may be the easier of the two, but honestly and israel and the palestinians are happy, im happy with the one they like the best. Story, letsn the go across to london and speak to the head of International Relations and social science at regents university. Thank you very much for speaking to us on the prog
States will moderate its commitment unless Member States pay more. First, President Donald Trump said the u. S. Bond with israel is unbreakable. Comments made as he welcomed israeli Prime Minister Benjamin Netanyahu to the white house. Donald trump appeared to take a major step back from the longheld u. S. Stance of a two state solution in the middle east. Said there will need to be flexibility from the israelis in order for these, but only of how stands recognize israel. Am looking at two state and one state, and i like the one that both parties like harry im very happy with the one that both parties like. I can live with either one. I thought for a while the two state looked like it may be the easier of the two, but honestly and israel and the palestinians are happy, im happy with the one they like the best. Story, letsn the go across to london and speak to the head of International Relations and social science at regents university. Thank you very much for speaking to us on the prog
Of london status as a premier financial center. Us know what you think of our top stories. Follow me on twitter at rishaadtv, include trendingbusiness as well. And aboutg underway 30 minutes from now. Markets coming online right now. David is having a look at what is going on. It is a relief rally that seems to have some legs. David we are back to levels early in january. Thursday is looking like this, are busy. Ion, volumes looking at the kneejerk reaction friday into monday, tuesday, wednesday, valuation plays. Youre seeing the tale wind from wall street. We are looking at australia, 1. 5 there. You take the group of commodity producers there, one of the main drivers there. To 4 . I mentioned commodities. Have a look at oil prices. A lot of this has to do with weak dollar dynamics. This was the best a in weeks for it hit 50. Rely we are seeing a retracement right now. We are trading at higher levels than yesterday. Brent, very thin spread. Broadly, the commodities space, we are up no
Bloomberg exclusive, three hours to set you up, but first, a look at the markets. Yields moving higher from here. Mark lets get you up to speed. Futures on the front foot at the moment, firmer on the s p 500 after yesterdays alltime high. Look at the moves in japan. The nikkei up by two point five Percentage Points and it is a twoday rally up over six fourth Percentage Points. More stimulus potentially from the japanese government. The nikkei rallied and the yen declined. Weaker japanese yen and the dollar yen trading with a 103 handle an approaching one of four. Cable rates gaining as well. The pound doing very well. It is a firmer story for risk assets, but this is what i find the most interesting. We talked about highly correlated markets, equity markets at record highs and bond yields at record lows. Today is different. Equities on the front, bond on the back, little defensive. Yields going much higher. 30 year yields up seven basis points. Yesterday, there was an auction of threey