Dr. Anthony fauci e, a member of the White House Coronavirus task force, was asked about the use of masks and reopening schools and businesses. This was hosted by the u. S. Chamber of commerce. Good morning, everyone. I hope it is a happy friday in your home. Welcome to a special edition of our path forward series. We are thrilled to welcome dr. Anthony fauchi. He has conducted Extensive Research and worked to diagnose and treat infective diseases. Advised 16 president s. He is the winner of the National Medal of science and the president ial medal of freedom, the highest civilian honor in the United States. We are grateful for his lifetime of a and particularly thankful for his candor and expertise and during this time here let me ask you for a broad overview of the pandemic. Where are we now . Dr. Fauci we are in a difficult situation. We have a large outbreak. As you probably know, there has been close to 140,000 deaths and we have several million infections. That is sobering news.
Gold breaking out, comfortably three 2000. Lisa which is interesting because you are getting a risk off deal. You are getting a risk on feel. The private payrolls expected to have a modest rain at 8 15 am, not including the state and local government jobs, which are expected to state weaker performance. The financingget plans from the treasury department. At nine 45, we get u. S. 9 45, wepmi data at get u. S. Services pmi data. Jonathan lets get straight to the price action. We wake up from the tuesday snooze fest with some moves. The euro out to 1. 1834. Yields lower yesterday. This morning, up to 0. 53 . Thats the price action. The question of this morning in the keene household, in early september, tom keene has arranged for a day off. 29. 99 on spending mulan . Tom we celebrated the Disney Release last night by 2. Atching frozen not as good as the first one. Jonathan i saw the big news up front early this morning. The trading week does begin on a wednesday. The data coming out late
Infection rates low in tokyo but hong kong says the situation is increasingly severe. Jack ma looks to make more headlines. He is aiming for a 200 billion valuation with between listings in hong kong and shanghai. Look at how take a we are setting up when it comes to the asian open. We have a lot of positivity carrying on from that session. Investors are backing that buy the dip trend. The nasdaq hitting the alltime high. The s p hitting positive for the year. S p active futures contracts a little bit lower at the moment but it seems like the positive. Evelopment on vaccines trading sideways if you will. The dollar was broadly weaker in g10 except for the yen. We had Dollar Strength and yen weakness overnight. That is the handle we are looking at ahead of Inflation Numbers out of japan and getting machine tool numbers as well as some Retail Sentiment numbers by way of Department Store sales. Crude and gold were both a little bit lower in the asian start to the session. Some positive de
The u. K. Does a uturn and bans huawei the u. K. Does a uturn and bans huawei from its 5g network. Shery breaking news out of south korea. We are getting the Unemployment Rate for the month of june coming in at 4. 3 . Now, this is lower than the estimate of 4. 5 . The Unemployment Rate falling from the previous month. We have seen a little bit of strength in the south korean economy with more positivity coming from that ramp up in government job creation efforts. Still, we have those negative effects from the pandemic with the hardhit hospitality and Retail Sectors continuing to reel. South korea losing jobs. Those removed in june from a year earlier. Still, the Unemployment Rate falling to 4. 3 . Lets get a quick check on how markets are trading at the moment. U. S. Futures rallying. We have after the market closed more positive news when it comes to the vaccine front from motor and a. In the regular session, we saw u. S. Stocks posting their biggest gains in more than a week. 7 . Thi
Reopening efforts as opposed to a complete shutdown. Dr. Factory spoke at a Health Hosted by the hill. Hello and welcome. I am steve clements. I am in a mask. And going to take it off now, but i want to send a message. We believe in mask wearing here. Were delighted to have you. More than ever before, our health is at stake. As we work to quell a Global Pandemic that has taken 500,000 lives, globally, it has exposed deep fissures and equity. It was under stress long before covid19 attacked us. Now we have an opportunity and responsibility to fix those gaps and make sure innovation is accompanied by prescription for affordability and access. I would like to thank our sponsor for their support of todays summit. We have a fantastic lineup of speakers for todays event, which will take place in three parts. You will hear from the highest Public Health officials in the country. The first hour, which we will kick off with an interview with dr. Fauci, will examine prescriptions from the pandem