Some have moderated a little. We trade at 68 59. Gold went above 1600 an ounce. We come off the high a ten year yield did get to a 170 breaking a trend line that weve been in since september but now down to two basis points on a 180 handle on that. Looking at dollar yen though that comes off a little bit. Unchanged there on that currency pay. European equities in the red but a reasonably muted move also what were seeing in u. S. Future. One point we saw it drop as much as 1. 7 but we recouped ome of those losses. This morning we begin with the retaliation from iran against the u. S. For the killing of its top general. The nation firing a series of missiles at Iraqi Air Bases Housing u. S. Troops. The escalation coming hours after President Trump says the u. S. Was totally prepared for an attack. Irans foreign minister saying tehrans is retaliation. It adds it isnt looking for war but will defend itself. Also this morning shortly after takeoff a boeing 737 bound for ukraine crashing in
There is a little bit of a downside on the stoxx 600. Eurodollar, little bit of an improvement there. Coming up on bloomberg surveillance, we talk european growth. To our man from jpmorgan. Then we talked to teri haynes. Of the get a preview state of the Union Address. A lets get to the bloomberg first world news. Nejra the house of representatives has committee has voted to get clearance to release a republican memo. It alleges bias. Say thetive republicans investigation to come in ties to the white house are under false pretenses. For the first time the 10 years or so i have been on the committee, there is a vote to politicize the declassification process of intelligence. That would could potentially copper my sources and methods. The u. S. Secretary has announced a list of oligarchs in russia with ties to vladimir putin. It includes 96 oligarchs. Willmed will not all not automatically face in the sanctions of inclusion may cause banks not to do business with them. There is fragility
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a