We have seen the g10 space benefiting from that, especially when it comes to the pound. There are brexit negotiations starting today in brussels. So far there is possibility of progress. It looks like we are in this seeing people are are saying this is the yen buying path of least resistance. We are looking at, when it comes to commodities, the gold futures. Right now. Silver and aluminum having a big comeback. You see brent crude hovering around 42 right now. One big interview to tell you about today. We are talking about market debuts in hong kong, gto express. Here is the bond market first. Not a lot of movement when it comes to the aussie 10 year yield. 77 basis points as people wind back the rate cuts. 3. 11 for the chinese 10 year still. This is what i was talking about. He is joining us for an exclusive interview at the bottom of this hour. A pretty stellar debut to start the week. Haslinda like you said, a lack of conviction. From get Market Analysis the asset strategist at j.
But negotiations remain far apart and vander layen believes they are close both sides are severely hit by the pandemic. We should do Everything Possible to find and agreement that is possible so that we do not increase the negative impact on our economies. Lvmh shares move lower. Tiffanys arguments as unfounded for the case of ditching the 16. 6 billi 16. 6 billion take over deal a warm welcome. Lets kick off the show with a look at the markets. Rallying more than 2 breaking a twoday losing streak. Dax in particular was very strong leading gains rallying 3. 2 ftse 100 lagging a little bit. We are seeing a little retreat this morning the dax is down as well lets dive in to the sectors to see the best and worst u littlitiutilities are the onln the green. Lets look at the worst per forping sectors. Yesterday it was worth mentioning you had the banks leading down sharply to the down side banks down 1. 4 . Autos down 1. 3 some of those reopening stocks taking most of the hit this morning. U
Out deals, including today market ral llies the s p climbs 7. 8 and nasdaq soared 1. 39 thats why i keep telling you that you got to stick with stocks that dont need stimulus. All day they show them on air is fantastic. The white house is negotiated with Speaker Pelosi though it will have to pass the senate and Mitch Mcconnell says maybe they have interested in some sort of stimulus you throw in the election next month and you got a chaotic occasion there is too much name calling i love to be proven wrong. Main street absolutely needs the money. The stock market does knot know what main street is doing and Speaker Pelosi and secretary mnuchin, they both know that today the president seems to know it, too until they symptoms catop calli, always skeptical while the tease keeping the bull up in the air today. I dont think if we dont get something come on monday, i do expect a selloff. It comes up too far and too fast we are due to a pullback historically if something does not develop here
Debate live from cleveland tuesday night on cspan. Stream at cspan. Org or listen live on the cspan radio app. And live now to the Senate Health committee who today will hear from dr. Anthony fauci, dr. Robered redfield and other members of the White House Coronavirus task force. Theyre expected to update lawmakers on the federal response to the pandemic. Live coverage here on cspan 3. Senator ted kennedy used to say our committee had the broadest jurisdiction in the senate. You only have to look around the room at a hearing and see that we also have the broadest range of views in the senate and some of the ablest advocates of those views. But thanks to our Committee Members and to senator murray most of our hearings have been bipartisan which means weve agreed on a broad range of witnesses to present points of view. And while the questioning and statements of senators has been probing, theres always been a high level of courtesy both to the witnesses and to the other senators which im
Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want to hear it is a cure. You want to hear it is something that is part of a cocktail of things that you need to be