We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
He promises to support workingclass americans and reform the tax code read Michael Pompeo notifies the u. N. Of demands to reinstate sanctions against iran while slamming european allies who oppose the move. Good morning morning and a warm welcome. There is a lot for investors to digest. Hope in the vaccine front. A rise in joblessness. The tech sector is pushing stocks. Ms asiapacific up 1 . Z q futures, up near nearly three point 0. 3 . Joblesset shrugging off claims. Tech is the right spot. Dollar index under some pressure. 10 year yields, pretty steady. That is what is going on between asia and the futures market. Now to politics. Joe biden has accepted formally the Democratic National nomination to challenge President Trump. Vote for aericans to new leadership that will overcome local division in the the current president has american darkness. Too much anger, division. Wordand now i give you my you can trust me with the presidency, i will draw in the best of us, not the worst. I
Operator: Good morning, ladies and gentlemen, and thank you for standing by for Baozun s First Quarter 2024 Earnings Conference Call. At this time, all participants are in the listen-only mode.