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29. 89. Areie in the u. S. We getting a bounce because fundamentals have not been in sync for a long time. The s p 500 looking to finish the week higher. Points, well above the 2200 mark right now. Energy companys with a better week for crude. Up to. 5 . We are back down to 64 basis points on the 10 year. The jolt we got from the quarterly refunding announcements seems to be pricing itself out of the market. We will see about options next week and what that does to volatility in treasuries. The dollar index showing weakness today, at 99. 48, to the benefit of the likes of sterling. As you mentioned, 1. 2452 right now. Guy . Guy lets get back to the payrolls number. Larry kudlow speaking to jon ferro on bloomberg earlier on, trying to frame the april jobs anort after employers cut unprecedented 25 million jobs, triple the Unemployment Rate to nearly 15 . Larry this jobs report today is full of heartbreak, is full of hardship. I ....
The focus has been on what is happening in washington. It was fascinating to see the fade on equities today. European equities are off session lows. We faded pretty precipitously earlier on. The pound is also off its earlier session highs and has certainly faded the early move. A similar story in brent as well. The initial burst of enthusiasm around that deal starting to ease back a little bit. The real question, this is just dealing with the here and now. Are we going to need further help from washington and other governments around the world to get the bounceback that may some people are looking for . Vonnie just getting a headline now that german lawmakers have approved a 156 billion euro stimulus. A few things happening in europe as well. Back to washington, the white house and senators have finally come together in an effort to bolster the economy. Senate Majority Leader Mitch Mcconnell spoke earlier on the s ....
More rate cuts or more could be on the way and get this a week that saw a thousand point swing in the market nearly every day was ultimately a giant round trip to no where the s p 500 ended the week pretty much exactly where it began. I think the dow was able to finish slightly higher karen finerman, this was going to be your chart of the week we were doing the next block we have to lead with it. Everything is fluid right now. What happened this week. If you look at the chart you will see a one and change move for the week imagine what a different feel we would have if every day during the week the market moved 30 backups each day and that would get us right where we are right now thats the change in the week. But thats not how it happened we have a very different market. A treacherous market, up a thousand, down a thousand day, back and forth, is it really its a scary market. And we dont know where the bottom is going to be. But it was starting to feel panicky here and so if you are a ....
A 2 man contest after food chain states vote on who should base donald trump. Im florence we invoke mindstate myanmars newest battleground with civilians are increasingly being caught in the middle of fighting between the Myanmar Military and the our economy and make. Such a turkey and greece are trading accusations about the growing crisis on their border for thousands of refugees and migrants turkey is allowing them to leave towards both greece garia members of the European Union the greek government denies turkish allegations of causing injuries by stopping them crossing that border and the greeks accuse some migrants as well of using military grade tear gas natascha going to aim isnt that border and says the exchange of accusations between the countries is getting ugly. The world words we have going on between turkey and greece turkey is saying that today the greek poli ....
Just off the highs of the session. Lets have a quick look now at the Canadian Dollar and its performance. You see that bounce there by the u. S. Dollar versus the Canadian Dollar. That is after the bank of canada dropped Interest Rates by 50 basis points. It was anticipated the bank of canada would drop. , and manybasis points strategists saying this was to keep up with the Federal Reserve. You can see the Canadian Dollar 1. 3394. T guy today, the European Union coming out in warning of recession risks both for italy and france. Some speculation as well that italy is weighing shutting universities and schools. 600, we of the stoxx are up around 1 . Aro ....