And germany extending it until 2021. Good morning. Incremental news around trade and the coronavirus is helping some of these assets continue to trade to the upside. He stoxx 00, up. 6 . U. S. Yields are 70 basis points, a little bit has changed there. Looking ahead to the fiveyear option of 51 billion. Then the australians were able to sell 21 billion aussie dollars smashing records. Folks at Jpmorgan Morgan say we could see 100 if shinzo abe bow out. W. T. I. , this is a fivemonth high. Remember that the hurricane is likely to hit some of americas largest Oil Refineries which would imply a shut down for months. 18 billion in potential damages. Coming up, trading the from the economy for the first time. European Exchange Traded funds are attracting the nasdaq. They have attracted more funds this year than funds tracking the s p 500. Lets get to the first word news. Get you to some of the other stories were watching. Germany is extending the job program that kept millons on unemploymen
Data in the u. S. Is bouncing back. Factory orders coming through stronger than anticipated and we are up 6. 4 versus 6. 2 last time. And it is actually a little bit softer than last time. 11. 4, that isat stronger than anticipated. And transportation is a stronger than last time. Orders,tal goods nondefense, 1. 9, bang in line with expectations. Ookare going to get the b a little bit later on. That will give us a good idea about what is happening for the back into july into august backend of july into august. We will carry on the conversation about what is happening in the markets. We have great guests coming up. This hour, we will speak to the ceo of lands end. They have a big digital presence. Have. Ffect they will we will talk with Jerome Griffith about that. And for more on what is markets we have Brian Weinstein from morgan stanley. This talk about what is happening broadly right now. Youre in fixed income guide, you are watching what is happening broadly in these markets, what d
Rips into Silicon Valley and defends the companys government work and no symptoms, no test. Why the cdc is quietly updating its coronavirus testing guidelines normally, jim, i wouldnt start there, but you were just tweeting a moment ago about how important testing is as the number the sevenday average of new tests in this country is the lowest since early july. I just think that the main gap in the system is you hear people say, well, my daughter just got it from college and weve been all trying to test in the family, its five days, we dont know what to do. I think that that halting nature of what to do has gripped this country and has changed it from a country where you go places to a country where you stay at home its a country where you do not travel overseas, its a country where youre frightened over a five and sevenday period endlessly and we live with the tyranny of it. Testing would end it, but its got to be instant. Cant be a lab a lab is a big, big obstacle. Yeah. We will talk
Times. Nikki haley, some of her experiences, Donald Trumps muscular Foreign Policy at how she managed that as the u. N. Rep. Those were two biggies. Bigother aspect was a presence of africanamericans on the agenda. Walker, tim scott, all spoke yesterday and gave their pitch as to why the Republican Party should receive more support in the black communities. And one of things, thing that was not there, you referred to it at the end of our coverage late last night. There was writing going on after and unarmed black man had been shot by police. He was shot like seven times by a police officer. Was not much mention and he called out the National Guard. Situation and a lot of destruction of property. These are things that were ignored as you point out at the much discussion actsbout restraining these of violence and donald trump being the law and order candidate. Virtually nothing was said by any africanamerican speakers about social justice issues. Different from the democratic convention,
And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention the republicans attacked the biden harris ticket as a looming disaster. Dynamic speeches from tim scott and nikki haley and the president as surprise appearance and a vocal audience preview will see it. Day two, melania speaks tonight, rand paul, eric and tiffany trump, you will see that too. I gotta say this, our heart goes out to louisiana, mississippi, texas and neighboring states. Marco faded but here comes laura. Landfall probably tomorrow, could be a cat two or three storm the people of ga