Over the weekend. We are inching closer to that alltime high when it comes to laterchina that was set september. Of focus. Was one those are the biggest movers here today and in particular, they may be looking at that emergency in tokyo and some of the surrounding areas as well as hokkaido. Those are holding amid some of and we are tensions watching currencies as well. We are obviously watching dollar china and dollaryen. You are seeing some of these china proxies following the ram be lower. Forward markete with plenty of action. Citigroup saying we are not bullish. Someg that there should be caution on these simmering tensions. Ringgit inthe particular are ones we should be focusing on. Be closed later on. End ofsed as we mark the the ramadan festival. Asiahief north correspondent is watching development for us. Where does hong kong stand . Questionsa lot more to the power play by beijing invoke its own security laws, basically being rubberstamped, to impose that on hong kong, bypassi
Good morning, everybody welcome to squawk box on cnbc. Im becky quick here with joe kernen and Andrew Ross Sorkin. A gain of just over 1 the dow now at 25,000. Now the dow is indicated up 162 points the nasdaq closed at its highest day. Now about 2 from its alltime high thats the run youve seen since the lows back in march treasury yields. Theyve ticked a little higher the 10year looks like it is yielding 0. 75 crude oil prices yesterday, crude was up about 4 percent on this expectation that opec plus especially russia will extend those cuts put in place that was good for 4 as seen yesterday. Crude up by 1 to 37. 16 all of this against a tricky back drop. It is powering higher well talk to a lot of folks that will help us through this the need for Solutions Former white house and ceo of j j and they have big news on all of this. Getting an update of what has gone on. Reporting a day of mostly calm in washington, Late Afternoon in st. Paul, staging the protesters protesters ran past the
What may be the most important stock in the market right now. The roller coaster ride that is crude Oil Continues last night, july falling below 18 a barrel a lot going on on this wednesday, april 29. You are watching Worldwide Exchange here on cnbc good morning welcome from wherever in the world you may be watching. Im Brian Sullivan here is how your money and markets are setting up their wednesday. The dow did fall a bit yesterday but as bob pointed out, many thought it was a relatively good market day for this reason it wasnt just the four or five big cap tech stocks leading the way as they always had been. Banks, small cap stocks, which had been notable underperformers were actually stand outs some people want to see that kind of rotation today, Big Cap Technology could be in focus. Following googles quarter which wasnt as bad as some feared, stock up nearly 8 premarket. Oil on a macro level becomes the metric to watch. Crude oil in the frontmonth contract, which is june, is tradin
[inaudible] i hear you. Punctuality. Man. We have everybody . Do we have folks on the phone again . Yes, sir. Ok, i will just let you know ,ho is here, Ryan Mccarthy chief of staff of the army, surgeon general, director of operations and plans, director of the Army National guard bureau and Sergeant Major of the army. The chief will make some opening remarks, and then we will open up to your questions. I think we have a hard stop at 1400, right . Ok. Thank you, mr. Secretary. The army has 288 confirmed cases of covid19 as of this morning. 100 of soldiers. 64 department of the army civilians. 5 are dependents nine are cadets. 50 are army contractors. This week, the secretary of defense signed orders for three Army Hospitals to deploy to new york and Washington State. Fortive 31st hospital for campbell, kentucky, and the night hospital for fort hood, texas, will deploy to new york city. An advanced party is on the ground as i speak. The main party will arrive at joint base mcguire, dix,
As well. Down 0. 9 . That was expected considering all the liquidity we have seen pumped into chinese mainland markets. The hong kong hang seng well off the lows, very modest losses. Roughly flat on the day. Up near 1 surging, at the moment. As you mentioned, this after losses of 3 in the u. S. Trading session, the worst day in two years. That completely detracted those gains for the index. Lets look at a couple of the risk metrics. Across the fx and commodity riskts, seeing a little, seeing a little bit of tension, a push toward risk. Put it all in perspective. Some major moves in these Asset Classes in the past couple days. The yen having its best day since august. The aussie dollar trading near the lows since 2009. Look at commodities, copper pushing for the upside, representative of Global Growth in the economy. The gains in gold over the past five days starting to temper. 1650 dollars near a troy ounce. Haidi taking a look at a deeper dive, david is in hong kong. What you watching