That is what we saw with adp, not as bad as we initially thought. The banks talk about of canadas decision coming out as well. You could see that in the top righthand corner of your screen. Unsurprisingly, the bank of canada keeping rates on hold and the economy is starting to reopen. The bank of canada looking for more information, its a status quo decision with Interest Rates left at 25 basis points, at the bottom end of the range. They are unlikely to go any lower when we have a new governor coming in, macklin is coming in and is likely to resist negative rates. Scaling back some of the Market Operations at the bank of canada with covid19 impacts, it appears to have peaked. Interesting, could you imagine . The dollar cap is down two point 1 2. 1 . A twomonth high as what we are dealing with and also oil prices are vacillating everywhere, but the spread continues to widen and we are now at the widest is this manufactured by the fed or is it a comment on longerterm growth . We are goi
Killed and left with severe eye injury. Hello us democrats have taken another major step in the impeachment process thats the vital congress on the nation a panel has approved 2 charges against President Donald Trump and the house of representatives this sets a vote in favor of impeachment next week our White House Correspondent kelly halkett reports from washington. Another ford visit to the white house overshadowed by domestic politics as the president apparent why sat comfortably in the oval office u. S. President donald trump railed against the democrats push to impeach him in congress for his dealings with ukraines president its a witch hunt its a sham its a hoax nothing was done wrong 0 was done wrong its a scam. Its something that shouldnt be allowed and its a very bad thing for a country and you are trivializing impeachment and i tell you what someday there will be a democrat president and it will be a Republican House and i suspect theyre going to remember that objection the c
Manhattan, no word yet on whether that might be on the Auction Block for the former president will have to put up four and 54 million in six days to make good on money that he has to pay upfront in that fraud case back what is remarkable about this is donald trump has tried and stretched stretched far and wide to get some help on this but he is getting zero help on this. Welcome everybody, im neil cavuto, this is your world. The score right now to eric showing outside the trump tower on the pickle hes in and help he needs. Reporter it is a pickle can a big pickle, 450 million worth and donald trump has six days as you say next monday, the coming monday is the deadline for him to come up with that billiondollar half A Billion Dollar bond a potential or potentially lose this gleaming power behind me, trump tower. This of course all comes back to the case that was the Civil Fraud Will in which a judge Arthur Engoron ruled that the former president and the Trump Organization had to fork ov
Are investors finally buying what Governor Carney is selling . And bracing for the fed. The dollar rally fades in the path of the likely qe unwind. The fomc meeting kicks off today. Matt take a look at how markets are prepping. We are half an hour away from the start of cash trading. Futures are down across the board. It should be said that u. S. Equity indices hit new records, just barely, yesterday, and we saw the asian gains as guy pointed out. They will be interesting to see how the trade goes. Take a look at the bund trade. It is more interesting to look at a slightly longerterm shot. This is the yield over the last three trading sessions. You can see we have steadily climbed our way up from a three handle to four and a half. Bund yields, although right now not moving much, are over the last three days climbing about half a basis point. An interesting look there. Guy another record for the s p, another record for the dow. But the real story inequities is whats happening in the nik
Rule in the changing market place. Beyond mifid ii, after it goes into place, what does the buy side have to fear and look forward to . Welcome to Bloomberg Markets rules returns. I am nejra cehic in london. Rules and returns is a show where we delve into the regulatory challenges and opportunities for Financial Markets around the globe. We will talk to the top newsmakers, regulators, and market shaping the rules. Passive investments are getting another boost in europe. Is excited to increase investors from the u. S. It will enable Retirement Savers and insurers to raise their exposure to etfs. O speak is Stephen Cohen so great to have you on the program. Thank you for joining us. I have brandnew, hot off the press Bloomberg Intelligence research saying that you are etfs may double to 2 trillion in five years on mifid ii. Lets talk about growth. Is that the sort of growth you expect as a result of mifid ii . And that alone. Stephen it is. And i think that mifid ii will play a big part