To see evidence we are going into something that is more of a slowdown. If im growing at 2 percent, im not as worried about that. Manus lukewarm reception. China stocks great the one your prime rate with more of a shrug than a had as the pboc missed its goal of repairing the channel. Warm welcome to the show this tuesday morning. The bloomberg dollar index, i assure you, was at the highest level of 2019. You can see here, this is real yield matters. Is that what is driving the dollar . We will find out from our guest in just a moment. Mr. Trump calls the fed her and this lack of vision. Trade wars anonymous, that is what im tagging the last 24 hours. Fast and furious cuts from the fed. I thought we would go for a stock. The 10year yield. 1. 59 . Goldman says it is overdone and oversold. Rbc says you could see a retreat to 1. 72 . There is something that of noticed. The threemonth call to put ratio is pretty darn expensive in the etf world. That could be a contrarian sentiment. Not ofte
Time since 2016. South africas new president pledges to revive the economy. Is this a new for the nation . It 4 a. M. If you are in london. Lets take a quick look at what happened to the u. S. Markets on friday. This is what we call a comeback. The biggest weekly game in u. S. Stock since 2013. The s p 500 up 4. 3 over the past five trading days. Most of those gains coming in the middle of the week. The s p 500 was up. Meanwhile, the 10 year u. S. A bit of aarold recovery, falling below 2. 9 . Bloomberg up half a percent. One think of was not in the green did you can see on the board, twitter shares. Twitter closing down 1. 64 on friday. After the news that Robert Mueller has indicted 13 russians. We will get to that shortly. Trading near a oneweek high. Hedge funds have been cutting their bets. U. S. Is not showing any sign of a stop or slow down. Crude closing a 10th of 1 higher, just short of 65 per barrel. That increase 1. 1 european stocks. A broad rally by real estate companies.
We begin with Interest Rate cuts in nature. This is a easing cycle after itord high borrowing, attracted 20 billion of local currency debt. We got more from the chief economist at white house research. I was expecting a bigger cut, i think that seems like a lot in the context of emerging markets. Remember, rates are were raised 700 points from the time of the devaluation up until last week. This is the first step of a very long journey to go. To be perfectly honest, i dont look too deeply into the Monetary Policy statements out of the central bank in egypt these days. Insight that it can provide on the future policy, i found them simply lacking. You are phrasing every diplomatically. I am trying to be diplomatic. From my perspective, it is a big cut, it is encouraging, it shows there is confidence. Of thents is only half surprise hike we saw in july of 2017 when they raise rates 200 points when everyone thought the hike cycle was over. We have a long way to go before we are anywhere ne
This is an easing cycle after record high borrowing, it attracted 20 billion of local currency debt. Tracy alloway and i got more on the chief economist. I was expecting a bigger cut, i know that seems like a lot in the context of emerging markets. Remember, rates were raised 700 basis points from the time of the devaluation up until last week. This is the first step of a very long journey to go. To be perfectly honest, i dont look too deeply into the Monetary Policy statements out of the central bank of egypt these days. When it comes to insight that it can provide on the future course of policy, i found them somewhat lacking. Tracy you are phrasing every diplomatically. I am trying to be diplomatic. From my perspective, it is a big cut, it is encouraging, it shows there is confidence. Remember, 100 points is only half of the surprise hike we saw in july of 2017 when they raise they raised rates 200 points when everyone thought the hike tightening cycle was over. We have a long way to
The first since the nation floated its currency at the end of 2016. It was a widely anticipated easing cycle after record high borrowing. It attracted 20 billion of local currency debt. Tracy alloway and i got more on the chief economist. Jeanpaul i was expecting a bigger cut. I know that seems like a lot in the context of emerging markets. Remember, rates were raised 700 basis points from the time of the devaluation up until last week. This is the first step of a very long journey to go. To be perfectly honest, i dont look too deeply into the Monetary Policy statements out of the central bank of egypt these days. When it comes to insight that it can provide on the future course of policy, i found them somewhat lacking. Tracy you are phrasing every diplomatically. Jeanpaul i am trying to be diplomatic. From my perspective, it is a big cut, it is encouraging, it shows there is confidence. Remember, 100 points is only half of the surprise hike we saw in july of 2017 when they raised rate