But the equity markets are open. We are up by 1. 2 . Earnings season getting up tomorrow with j. P. Morgan, but stimulus talks are not going anywhere. The german tenyear yield, yields are going lower. We are also seeing some pressure caught in periphery. We are getting awful close to a has 100 spread that basis points on it, and that is certainly something we are watching very carefully. We note the comments from mr. Lane over the weekend. The other thing we are noting as well is what is happening with chinese currency. The pboc over the weekend basically putting two way risk back into that currency pair. The question is, will that be marketto stabilize this and keep the pboc happy, or is further action ultimately going to be required . Kailey joining us now is mark mccormick, Td Securities global head of fx strategy. Lets talk about the u. K. First. More restrictions to stop the spread of the virus there. The market doesnt really seem to blink at any of these new additional restrictio
Trump and you jinping say they will meet at the next summit. At the u. S. President not softening the rhetoric. We are either going to have a good deal and a fair deal or we are not going to have a deal at all. The white house explored demoting jay powell. And iag puts in an order for 200 of boeings grounded jets. Theceo says get on board max tomorrow. More to talk about with regards to the aviation sector. Wax today, maybe we will find out about who is going to follow him. November inuntil office. We will hear from Jeanclaude Juncker. There is that horse trading going on in brussels. If it is not going to be a german, she is probably going to want to have a german in charge of the ecb. The dovishat change policy mario draghi wants to put in place . The key personnel decisions, crucial to where the central banking decisions go. We are not expected to go anywhere in a hurry. Similar to u. S. Futures, range bound, waiting for that big decision later on today. Get. Uidance we the statemen
they have chris sutton trust is the biggest worry for these students? the biggest for them is what comes next. we are all living through a cost of living crisis at the moment, but next year is when students really think they re going to be struggling. prices have risen throughout the year, but maintenance loans are not keeping pace with that. student support comes in to make main components, you have the tuition fees, they have been frozen at £9,250 for the next two years. the maintenance loan is meant to cover things like rent, food and bills. that is going up by a 2.8%, from september. but at the time of the announcement, inflation was at 10.7%. the main concern for students that i have spoken to is what comes next. from september, are they going to be able to afford their rents, which is going up by a far more than the 2.8% rise in maintenance loans. thank you so much forjoining us from leedsjust to thank you so much forjoining us from leeds just to outline some of the co
Marcus lamonis will join us on that. And renter nation. How you can trade americas rental boom. First, though, lets go to sue. Shes with us today at hq. Hi ty. It is the last trading day of the month and a volatile day for stocks. The dow down triple digits. Could have been worse, though as you mentioned. If it wasnt for dow member visa. Visa adding as much as 100 points to the dow all by itself. Lets get you caught up on the numbers. The dow is down 109 points on the trading session. S p is last traded down about 11, and the nasdaq is down about 5 points on the trading session. In terms of Interest Rates, the yield on the tenyear note, as you can see, 1. 66 . The crude market . All in the green with west texas intermediate up 1. 15, and ice brent is up 76 cents. Mary thompson will pull it all together for us. Shes down on the floor of the new york stock exchange. Hi, mary. Hi sue. Its kind of a tall order. Its been a rather weird day of trading. I think a lot of people would concur wi