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Sides of the atlantic. 1 , tech00 up 4 10 of doing the heavy lifting. The stoxx 600 up 6 10 of 1 . Euro weakness today. It started before the durable goods number and the news out of berlin. Weakness in the russian ruble. Isssure from belarus increasing on moscow and the ruble is taking it harder as a result. Keep an eye on japan. There is a press conference with it is friday and fascinating to see where we go. European stocks lagging their american peers. This anlysts calling opportunity to shift investments from the United States to hear in europe. Will that happen or will that be missed . Scarlet it is kind of happening right now, and europe looks appealing because it is a diversification away from the u. S. Which is crowded, high devaluation, and trading highs. There is stimulus coming in europe, 27 member nations able to agree on more public spending , in contrast to what we have seen in the u. S. Fund flows for the biggest eq ....
Barreling toward the location where the Oil Production goes on. Energye about the oil space, what the 2020 policy has to do with that. We are going to turn our attention to the fed, the big event this week. The markets are watching the annual market symposium in jackson hole tomorrow. It will be virtual and the theme is navigating the decade ahead. The kansas city president Esther George spoke with michael mckee. I will offer you from my perspective this has been a useful process, process that really asks of ourselves to look at what we have learned over the past decade, to try to think about how the economy may have changed, and think about how we communicate to the public. The process in and of itself has been a useful one, and i will leave to the chairman to talk. Michael you have been considered an inflation hawk. Where are you on average inflation targeting . Is to bee my ....
Stayathome to save the birds of london. That is a good thing to say. It is the strangest august, and the only litmus paper youve got right now is the weaker dollar, the preponderant trend this morning. Francine yeah, weaker dollar. Im also looking at a couple things. When it looks at iron ore, it is significantly up, and we are looking at gold. First lets get straight to the bloomberg first word news in new york city with ritika gupta. Ritika Michelle Obama describes President Trump as unfit for office on the Opening Night of the democratic convention. The former first lady blasted him from his handling the pandemic. Worthen 150,000 people have died, and our more than 150,000 people have died, and our economy is in shambles because of a virus that this president downplayed for too long. Trump isbama said that clearly in ....