Testing. The dax is the worst performer in europe after germany suffers an outbreak at a slaughter house and forced to put two districts back on lockdown Strong Demand for tablets and notebooks. This drives the demand for notebooks, chrome books, head phones for more professional use from home and even printers. That trend we see to continue. Wire card shares gain after former ceo is released on bail and germanys financial regulator widen the probe on the firm good morning thanks for joining us. I want to take you first up to the data just revealing that german business morale has risen in the month of june. The Climate Index in june is at 86 86. 2 versus 85 so outperforming expectations. We were at 74. 2 in april 75. 9 in may. We were still below the 80 today, we have soared above it to this 82. 2 level the efo Current Conditions index 81. 3 in june forecasts were firmer at 84. That handle is underperforming in terms of the expectations, 94. 4 versus 87 in june as the business Climate
Five day winning streak. Dom chu has more. And it has been the outperformer the nasdaq again up about onethird of 1 , so well off the lows of the session so far all those lows by the way, the dow industrials down roughly 271 points and weve gained back a lot of ground, but a lot of waiting and seeing with the s p just about flat. Lets take a look at some of the sector movements since the covid lows that we saw back in march over the last three months, the real standouts have been energy, up about 68 , consumer discretionary, retail names up 47 . And Technology Names up about 37 . Are more sensitive names playing on a recovery or hopes of one driving those particular gains so something to watch. And then the stock of the day is spotify hitting a record high up 13 off the highs of the day after it inked an exclusive deal with Kim Kardashian west to host a new exclusive podcast centering around kriccriminal Justice Reform and remember a lot of headlines, dwrenkt listin direct listing, not
Through. The 10 year yield in japan did move above the 0 level for the First Time Since march. Copper is on a good run, for a fourth session. Above the 200 day moving average. We will talk about iron ore a little later. 90 per barrel, for a metal that cost why dollars to dig out of the ground, this is looking overvalued. Rishaad the Indian Trading nifty session on monday ekeing out the smallest gain, 0. 1 . Do we see more movement to the upside . The rally has ground to a halt. There were big names driving the benchmark to the upside. Futures contract at the moment, a flat start, slightly under pressure. The rupee continuing to strengthen on the back of the surprise decision not to ease policy last week. We have seen the currency appreciate since. Bond yields continue to lurch lower, pushing up yields. We are still factoring in more rate cuts. 10 year lets join su keenan in new york. She has the first word news. We start with the rba governor was saying he is surprised australias wheat
Do you have a question . Back in open session call the next line item arrest whether to discolor all matters in closed session administrative code 67. 1 a action not to disclose all in favor, say i. I. That item passes unanimously were okay im sorry sergeant next line item adjournment. Motion to adjourn. All in favor, say i. I. Nancy pelosis passes unanimously district for tuesday, august 25, 2015, is now called to order. Ms. Casco madam clerk, please call the roll. Commissioner fewer matt haney ms. Norton mr. Walton ms. Wynns dr. Murase ms. Chin and mrs. Tan to the. Please join me in the pledge of allegiance. Thank you were on item a the meeting from friday august 14th may i have it motion and second and so moved and second. Thank you. Any corrections seeing none, ms. Casco madam clerk, please call the roll. Ms. Fewer ms. Norton mr. Walton thank you ms. Wynns and dr. Murase 5 is. Thank you very much as ive announced in past meeting members of the public are remind that if you wish to
Dow close to segment lows. Lets get to it. We know the president will be speaking in the diplomatic room at 11 306789 we are getting new details from the White House Press pool about how the president has spent his morning. We are told that the president and vicepresident were notified of the situation in alexandria this morning the president has already spoken to the speaker of the house, the Senate Majority leader and the wife of congressman, Steve Scalise, the congressman that was apparently bad will you injured in that attack we are also told he has spoken to congressman Steve Scalise and the chief of the Capitol Police, which would norm will you not be under president ial jurisdiction but the president clearly reaching out to all of those individuals to offer his support and condolences an also to coordinate the federal government response. We will find out more from the president at 11 30 about what the government knows about this gunman, the attacker, his possible motive. You sa