Civilians all believed to have been tortured and working hard to keep you in the loop. This is all attempts, National Banks for choosing us this sunday. Very good to have you with us. Well, to start us off this hour with a french bill intended to protect the police has sparked outrage a week and several days of rioting and paris. The new criminalizes, the filming of offices, if it starts with malicious intent, its been pos by the National Assembly and one later go up to the senate for approval. Holderness. As you can see, Police Vehicles are moving down and pushing the protesters down that the street protesters whove come, im going against the Global Security lure to draw. 7 from real thats being discussed in the National Assembly on tuesday evening. This is a rule which includes an element which if cost could make it illegal for people to disseminate to the coolant and publish images of Police Officers. If there is intent to harm criminalizing shoot all of the could lead to mourning a
From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets get our first word headlines. Not european leaders are impos
The s p 500 below its 100 Day Moving Average, suggesting it could follow that the german dax below the 200 Day Moving Average. There is a bright spot. That is the fact we have bonds basically come at this point they are slightly lower. We have a haven bid. The dollar at the highs. The dollar had been appointed percent. 8 since june. Bonds have been higher, the best week since august. This week is shaping up risk off. Aix the public was david couple of questions. What is going on with volume and volatility . Abigail i am so glad youre asking about volume. I was looking at the apap function on the bloomberg terminal and we are above the average volume. Sellers mean business. Upfor volatility, the vix is , the nasdaq 100 fix up above 40 the nasdaq 100 vix headed toward 45, heading for its biggest spike since july. The selling pressure is serious. Because we have signs of weakness in europe along with the s p 500 being below its moving average, the near and medium term buyers are holding o
And as andrew was talking about, with mr. Lansdale, big tech will testify. The ceos of facebook, alphabet and twitter will face questions from a Senate Committee this morning. We, of course, will bring that to you carl guys, a lot of jitters, jim, this morning, as to what macron may say later on tonight, european time. Your point on social media has been this premarket weakness is not about the earnings themselves. Right look we would be in a stay in place order if we adopt what merkel is talking about. We have never been on the same page as merkel when trump came in she is more rigorous about hygiene and about masks and social distancing than our country is our country is not the way of germany. I would say you see chicago close, all the dining places, and restaurants and start thinking about travel, leisure, hospitality, it then bleeds into boeing we have this morning and i think it is impossible to think about boeing without thinking about once you get there, where can you go . I th
Democracy, theyre all on the ballot. Who we are as a nation, what we stand for, most importantly who we want to be, thats all on the ballot. Paul lets bring in wall street journal columnist and deputy Editorial Page Editor dan henninger, columnist kim strassel and Editorial Board member kyle peterson. Dan, i think the message of this convention to me boils down to character and covid19. That is the democrats trying to make the case that trump failed in controlling the pandemic and the reason is his flawed character. Did they succeed in delivering that message well enough in your view and strategically, politically was it the right message . Daniel yeah, i think so. What the heck . They could not have possibly have overstated it one speaker after another went after donald trump. I believe joe biden opened his address last night by describe ing a season of darkness which sounds to me Netflix Series rather than political campaign. [laughter] daniel this is a poll tested convention, make n