Europe and other parts of the world that are not encouraging. Clusters in new york. As folks worry about the possibility of a second wave, or even a second wave that is seeming to be starting, you see those parts of the market hanging back. That is exactly what happened in january. In addition, the bond market in the u. S. Is closed for the holiday. Japanese yen, the up a second day in a row. Over the last two sessions, the dollar against the yen down the most since the middle of september. On the surface it is risk on, but below the surface there are nuances to keep in mind. Taylor thank do bloombergs abigail doolittle. Investors have been watching for ,ny signs of fiscal stimulus but any chance for a deal looking less likely. President trumps time to spark negotiations on of the round of virus relief falling flat with House Democrats and republicans on capitol hill. For more perspective, i want to bring in ed mills, washington policy analyst at raymond james. I am curious. It seems l
Claims. 1. 3 million last week, and that is the 15th weekly decline, so the downtrend continues. However, 17 million are still unemployed and still collecting benefits. Ive got two big tech stories for you. First off, the twitter hack. Fake messages appeared from big name celebrities. It was a bitcoin scam. The important point is the hackers took over the platform and could have sent out messages to disrupt the market or the election or anything. They showed they could do it and that is a huge problem. Stocks way down. Second tech problem, the top court in europe will restrict the transfer of the personal data of europeans to american companies. They are worried about our surveillance of them. This could severely disrupt big tech operations and big tech stocks are down. While stocks generally are moving lower, especially those technology issues, the dow, we are looking at a minus 180 at the opening bell, down 21 for the s p and really, the nasdaq taking it on the chin. Again, technolog
Lets look at these markets and our into the european trading day. Stoxx 600 in europe up by. 1 . And even start to the trading day. Evenly divided winners and losers on the European Equity markets. Lacking any direction. Into the u. S. , also lacking direction. We have seen a little bit above the flatline. Not getting a great bicker great bit of direction. A big focus on Central Banks and a u. S. And a focus on u. S. Policy. Titians, ay trade tensions, that coming up. Wrist bank leaves behind five years riksbank leaves behind five years. Is now what we are showing you. We were showing you the norwegian krone. Not to be confused with the riksbank. Bank, we scroll back to what they did there. That was as expected. See a to this picture, we number of Central Banks leaving policy unchanged. They were treated for negative Interest Rate hiking. They were moving in their own direction moving against the cutting cycle for many previous months. We continue to do that. Lets get a new lets get an
Sentencing are still very much frightened that ammans also being made alongside more dialogue between the Central Government in madrid and the Catalan Government but in an election season where both sides of this argument are not backing down its looking very unlikely that a dialogue in this kind of environment is going to take place pose a pointing to a heavy defeat for argentinas conservative president but its a mockery and sundays election has left its rival Alberto Fernandez has come pained on mockeries failure to deal with a downturn in the economy from his running mate is the expresident christina who is on the brink of a remarkable comeback despite facing accusations of corruption to raise about reports from when as i was. A taxi driver in winter citing hes 57 years old and said that in his lifetime he has seen how argentina has repeated the same mistakes over and over again that part of a. I dont care about myself anymore its about my Children Future generations how can it be t
For now ill talk to you again later on hopefully as we get some more information on this story thank you. Just another note from iraq at least 70 People Killed in 2 days of demonstrations against the Iraqi Government on saturday funerals were held for some of those killed by Security Forces protesters say they will not give up until there is political change around the corruption and a worsening economy influential. Others calling for the Prime Minister to resign and m. P. s linked to him staging a sit in at parliament but their mouths them in iraq along the shedding of blood belonging to peaceful iraqi protesters who were calling for the legitimate rights it became necessary for us to take the moral and National Responsibility to ensure the stability of iraq and the safety of its people and to stop its march into the unknown therefore the siren parliamentary block announces that it will go into opposition inside parliament declares the sit inside parliament until the protests as legit