Leader accused of undermining National Security. Hello. United nations vesta gators have accused the venezuelan government of crimes against humanity, including the killing and torturing of protesters. The Factfinding Mission found reasonable grounds to believe president Nicolas Maduro ordered the crimes to silence opposition. Reporters believe the military killed and tortured protesters. Tactics include arbitrary detentions. The office concluded the crimes were part of state policy and not isolated incidents. Thats based on hundreds of interviews with victims and witnesses. The report says the International Criminal court should open an investigation if venezuelan authorities failed to act. They have been demanding justice for over two years. Their 20yearold son was killed during protests in venezuela in 2017. He died after being struck in the chest by a tear gas canister. We have gone to every International Organization to denounce the execution because his death was part of excessiv
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
Beijing praises the decision while President Trump says he is not a fan. A focusson says now on his cabinet lineup. And plans for structural reform. Are seeing a lot of investors sticking by the sidelines, a quiet session in the u. S. Overnight. Wall street hanging out to see what further guidance we get from the fed after their decision. A great chunk of investors will be waiting for more details as to the revamp inflation target. We are seeing futures trading flat. This after we saw u. S. Stocks rising. The s p seeing a Third Straight session of gains. For a change, we saw gains across tech, outweighing the decline we saw across financials. Treasury yields at the dollar end of the day, where they started. We are seeing the likes of the dollaryen holding steady, this as we look set to see the appointment of yoshida suda as the new japanese Prime Minister. As well as hearing more about whether we will see continuity across his cabinet appointments. We are watching at to see if another
Rules for Foreign Investors. The strict block count in australias coronavirus epicenter is extended two weeks, triggering warnings of further damage to growth, jobs and mental health. Of how u. S. Snapshot markets wrapped up friday. We saw the s p and nasdaq falling to a twoweek low with the spotlight on options trading as mega cap tumbled, the worst week for the s p since june. Gains in financials illuminated losses. This morning little changes with u. S. Markets offline for the labor day weekend. Switching the boards. Sawthis morning after we crude drop below 40 friday, stigler that level. Staying below that level. Energies Energy Officials are sing about Global Demand sing taketwothree years to recover to previrus levels. When china reports this morning will be watching numbers on oil and refined product numbers imports and exports. Mixed, lower after regional stocks marks the worst since april. Japan watching a typhoon that is to make landfall in the south where Companies Including
That is better sequentially and Beat Estimates as well. I should point out that july was also revised higher. At a monthtomonth basis, looking at an increase of 4. 8 . It continues the story of the Housing Market on fire, very strong. That is going to bode very well for home sales. We are even seeing private equity going into buying homes to rent them out. A lot of the news coming out from washington over the last 24 hours. Currently, we have President Trump and the first lady paying their respects to Supreme Court Justice Ruth Bader ginsburg any moment. We are bringing you live pictures, and we will bring that to you live as well. Meanwhile, the president refuses to commit to a peaceful transfer of power as the peaceful transfer of power if the tally shows joe biden as the winner. He spoke at a News Conference yesterday. Pres. Trump we will have to see what happens. Ive been complaining very strongly about the ballots. The ballots are a disaster. People are rioting. Do you can bi do y