U. S. Treasury secretary Steven Mnuchin said additional fiscal stimulus is needed urgently. The dollar steady after Strong Manufacturing data. Above 1. 20 for the first time in over two years. It does not last long. Does mattere level for monetary policy. It is 6 00 a. M. In london, 7 00 a. M. In frankfurt where they are watching the eurodollar trade. Good to see you. So, volatility. Is the equity market to greedy and the rates market under assuming vol in the u. S. President ial election . Good morning. Annmarie that is certainly what the Options Market is signaling, that this is the biggest event risk to date on record and that is of course the u. S. Election. It signals investors basically maybe being in wait and see mode until november. They want a bullish spread and a bearish spread. Have two exclusive massive interviews coming up this hour im really looking over to. Manus there are a couple of things. We have had a huge month of property deals go through. These are the two leader
Relationship between the 2 neighbors. Words of hope from one of Martin Luther kings grandchildren as thousands relive the historic march on washington. Chadwick boseman known mostly for his role as the worlds 1st africanamerican superhero the black panther has died. And im Peter Simmons of all the sports news to Major League Baseball teams protest against racial and social injustice by walking off the field before the game can start better and more later this news out side of. Where we. Begin with reports that bella rouge is extending its media cracked the heads of this weekends planned protests against president oleksandr. Some journalists working for foreign media have had their accreditation withdrawn but this comes after a number of them were detained on thursday as they prepared to cover demonstrations in the capital minsk most were later released now the president sabella rhesus repeatedly criticized for media for their coverage in the run up to his disputed reelection this month
Outweigh things Going Forward. They not think the fed will step up. And is off the table for now. I do not think bonds are attractive. More. greg has what is the bid is biggest crack you see emerging . Greg probably a another turned on in the economy, covid19 is damaging the fundamentals of corporate america. I think it is a negative story you are telling in the abutting, but supply is getting absorbed in the marketplace. There is a Strong Demand for retail, from overseas investors, and the cost in the hedge has come down. Supplies are actually being absorbed. Taylor this week we set a record investmentgrade issuance for the year and it is only midaugust. It is the market digesting this healthy amount of supply within the corporate investmentgrade bond market . Greg 1. 4 trillion dollars is the number you are talking about, the most that has been issued, and we are only in the third week of august. We think the supply will come down toward 80 billion a month, but that is still quite a
All right. All right. Everybodys got a Favorite Book from their childhood sometimes stories of adversity and triumph. But the heroes of those stories are often lacking in diversity yeah. Its true. Frustration. We just know, like, its too according to a recent study, much of a gamble straight ahead, the story actually, more childrens books from coast to coast. Massive explosion. What caused this devastating blast in the heart of beirut the mystery growing as the number of dead and injured climbs this morning. But from the rubble, a stunning story. A survivor pulled out alive. Those stories, plus phoning feature white characters than all other types of visible home the astronauts in that historic nasa Spacex Mission revealing the prank calls they made. Minorities combined. Thats one reason why jenna sat down with some really bright young minds to talk about the importance of representation especially in this particular moment by the way, these kids are probably was a pretty funny incredi
Institute, i am delighted to host a conversation today was the director general for economic and Financial Affairs at the european commission, he has been there since they were 2020. Our conversation today will be about the economy of the European Union and the European Union with a response to the covid19 crisis. We will also touch upon the European Union and commissions broader Economic Policy agenda as we hopefully recover from the crisis, its evolving fiscal institutions and its management of the european macroeconomy. So it should be an interesting conversation and obviously particular important given the worldwide economic crisis we have found ourselves in. Let me introduce i guess today, he is the director general for economic of Financial Affairs in the european commission, prior to his current job he was director general for structural reform support and will touch a little bit on while i imagine. And prior to that he was Deputy Director general for economic and Financial Affa