In the last 10 days. The u. S. And china trade new barbs. Washington rejects chinas claim to the South China Sea. Top u. S. Senators are facing mainland sanctions. Haidi u. S. China sentiments dominating again with the grim overlay of rolling back restrictions around the world. This is how we are shaping up when it comes to u. S. Futures contracts, up by. 2 after what was a truly volatile session. We had the s p 500 touching levels prepandemic and we also have the nasdaq hitting a fresh record before finishing in the red and we spoke about tesla being a huge part of that tech eventual close lower. Nikkei futures up by. 2 percent. Sydney futures escalating in the red, point 8 lower, looking like a set up of. 5 lower, this as we are expecting an announcement today that the fed of New South Wales will ease back those restrictions when it comes to indoor gatherings at pubs after cases coming from the pubs. It is now over 20. New zealand trading modestly higher, about. 25 . Some significant
Phenomenal. Ist is also phenomenal whether the bond market is speaking the truth. Lowyears, near an alltime in the u. S. It is quite sensational globally where we see european bonds completely negative. This desire for highyielding assets continues. We want to take it back there for ron temple. Just your thoughts on these levels we are seeing not only in stocks, but in the bond market. I do think the really important point back to the fed liquidity, i was looking back at fedweekend of march 25, the balance sheet. We should all be mindful that the fed is decelerating its purchases and that will have an effect in my view on yields and different parts of the market. We need to be thinking about the supply of Financial Assets as the u. S. Deficit and other National Budget deficits grow, there will be a large amount of supply in the sovereign debt markets. In may, we saw a record high issuance of highyield debt. Just that month, not every month. There is a lot of supply out there and people
Imagine you now need twice as much space per person. For the next three or four years people are going to be really uncomfortable about being in close offices. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the formal mourning has begun for the minneapolis man whose death touched off a torrent of national outrage. At the same time,
For the next three or four years people are going to be really uncomfortable about being in close offices. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the formal mourning has begun for the minneapolis man whose death touched off a torrent of national outrage. At the same time, President Trump faces a torrent of criticism over hi
Damaging relations with china. But first our breaking news a mans been found guilty of strangling a british backpacker whose body was found buried in a suitcase in new zealand. Grace millane disappeared the night before her 22nd birthday last december after going home with a man shed met on the dating app, tinder. The parents of Grace Millane gave their reaction after the verdict was delivered. The verdict of murder today will be welcomed by members of the millane family and friends of grace. It will not reduce the pain, the suffering that we have had to endure over the past year. Cant see it. Grace was taken away from us in the most brutalfashion a year ago taken away from us in the most brutal fashion a year ago and our lives and family have been ripped apart. This will be with us for the rest of our lives. Grace was a beautiful, talented, loving daughter. Grace was our sunshine and she will be missed for ever. David millane talking outside Auckland High Courta millane talking outsid