Veterans, other distinguished guests, ladies and gentlemen, aloha and welcome to the battleship missouri memorial here at historic pearl harbor if is 9 02 a. M. I am michael carr, im the president and chief executive officer of the uss Missouri Memorial Association. It is an honor to snerve in tha capacity and to be your emcee today. This is the 75th anniversary of one of the most significant events in history, ending world war ii. First and fore momost the honor introduces our guests. I ask that you stand, if youre able, and remain standing. Please hold your applaud to the end so we may honor them collectively for their service, courage, and sacrifice. Mr. Alcon. Victor areola. Oscar bangoey. Walter ching. Jack detour. Paul newman. W wendall newman. Theodore richson. Arthur shack. Joseph young. Ladies and gentlemen, our world war ii veterans. [ applause ] its an honor to have you in our company today. The following world war ii veterans also call hawaii home, but unfortunately were un
The dollar gaining some ground after paring losses after that meeting. Fx sellinging asia off, especially the renminbi after reaching may 2019 highs. There are signs perhaps the currency is being overbought. Expecting boj, boe, and Bank Indonesia today. Those currencies and focus. Watching the bond market as well put it did not get adjustments on qe from the fed. We saw the 10 and 30 yield spike coming off a little now but that did lead to earlier the yield curve steepening and coming off a little. We are watching brent crude as well as wti. Also saw off some of the highs we saw overnight. There is optimism for demand but that is also losing some of those gains right now. Tom lets get you up to speed with some of the first word News Headlines and other stories. President trump says a Coronavirus Vaccine could be just tribute it widely as early as october, contradicting statements by some of his top health officials. The head of the centers for Disease Control and prevention told a Sena
Down. 2 , nonfarm futures, claims better than expected. Next chart, dollar remains in story or theme around the dollar today, relative weakness against the g10 but not so much against emergingmarket currencies. That is what the dollar is doing right now. Weakness in offshore currency remains on the back of this broader news from the trump administration, down. 2 , that is your aussie dollar, risk off mood, down. 1 , and the boe is flat against the u. S. Dollar. Gold move to commodities, publicly above 2050 and out, further gains. Not as Much Movement in terms of stimulus conversations in washington. Barrel, up,42 a maybe on track for gains across the week. And that is your yield for the 1132 and 52. , tencents down on the back of this executive order. Just how much and how significant this move is by President Trump is of course the question, given wechat is largely used by the chineseamerican community. It is not clear how much revenue tencent derives from the u. S. Market, but this i
Nissan fell 4. 5 . The biggest fall since august. The hang seng, another bourdais. Well below the water 27,000 level. The 127 level. 127,000 level. Lets have a look at what else is going on. Lets look at bonds. The yield, 1. 91 the 10 year. Talk there, with much earlier this week that we would have seen a move toward the 2 handle, which would send a signal of positivity, but it would be translated as bad good news being translated into bad. The new Zealand Dollar up 1 . The cap Interest Rates on a whole. They cap Interest Rates on a whole hold. They are not ruling out stimulus. Europe, 1. 10 handle. 5 . Anese 10 year yields,. 0 three basis points to the downside. Thats the markets. Was look at the first word news. Su keenan. We start with bolivia. The power vacuum has seen an opposition lawmaker declared herself the president. Socialist morale is that the country in chaos, but now the senator says she will assume leadership of the chamber, making her the head of state. Mexico that she
another area of concern is the labour market, which while still strong is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand the commitment in terms of like long term blanket orders with customers. we re not seeing that either right now. so we re having some challenges with that. american businesses are pulling back on spending and hiring. the housing market is slowing both areas sensitive to changes in interest rates. and mor