Im Tom Mackenzie in london. These are stories that set the agenda. The bank of japan hikes Interest Rates for the First Time Since 2007 and scraps yield curve control. The yen falls through 150 versus the dollar. Traders cut fed bets as fomc members gather. U. S. Two year fiveyear yields climb to the highest levels this year. Plus, nvidia unveils the successor to its old ai processor. But markets deliver a muted response to the highly anticipated speech. This is hopper. Hopper changed the world. This is blackwell. Tom a new era for the japanese economy. The first hike since 2007, ending of yield curve control, and an ending of etf thats in buying. We have Stephen Engle on the ground in tokyo for all the details and we will cross over momentarily. Lets check in on the markets as we set you up throughout the trading day. The fed starts its own policy meeting with that decision on wednesday and a focus on the dot plots, the focus from the fed officials. European futures up. When it comes
What are we expecting from the Sanders Campaign today. Hey, jose. This, of course, is the local Transit Workers Union here in new york city, endorsing Bernie Sanders. He, of course, has made trade unions a focus of his campaign. This is something he talks a lot about. And has touted regularly in the cities that he has gone to. He, of course, also has an endorsement from communication workers of america, one of the only National Umbrella union groups to back him over secretary clinton. Important, of course, because verizon workers just went on strike this morning. The reality here, jose, is its a difficult moment right now for the Sanders Campaign. Its becoming clear that their battle here in new york is going to be harder than they thought it was. That possibly, secretary clintons lead in the polls is more durable than they were hoping that it would be. Now were going to see if thats going to change with some pretty intense potentially optics over the course of the next couple days. To
Twitter, nomination process known for a year plus beyond. Its the responsibility of the campaigns to understand it. Complaints now . Give us all a break. Today donald trump and ted cruz hunting pennsylvanias 50 unbound delegates. Trump holding an event in eerie tonight while john kasich sets his sights on maryland where the latest poll puts him in a statistic tie with ted cruz. Meanwhile on the other side, Bernie Sanders and Hillary Clinton both working their bases in new york. Clinton at the National Action network this hour, sanders firing up the crowd and walking the picket line with union strikers. Some 40,000 of them from verizon. Who are facing the same kind of pressure, thank you for what youre doing. Were going to win this thing. Our Political Team is covering every corner of this race on the ground, but we start with that breaking news i just mentioned. The republican aid confirming to nbc news that members of congress are meeting tomorrow with Trump Campaign officials. Nbcs l
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EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.